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Announcing Qvinci Software’s Summer 2024 New Product Release

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Introducing Qvinci’s non-Sunday aligned weekly reporting, new performance dashboards, benchmarking and ranking tools, elimination entries, budgeting tools, multi-factor authentication security updates, and much more…

AUSTIN, Texas, May 31, 2024 /PRNewswire-PRWeb/ — Innovation is synonymous with Qvinci; it’s our mission. Qvinci’s Summer 2024 Product Release is now available and includes:

Qvinci’s vision is INNOVATION! We revolutionize data collection, consolidation, mapping, reporting, and BI for businesses and non-profits into actionable insights. This product release showcases that commitment. – Brad Adams, Qvinci President/CEO/Chairman

1. NON-SUNDAY ALIGNED WEEKLY REPORTING WITH CUSTOMIZABLE ACCOUNTING CALENDARS

With Qvinci’s non-Sunday aligned weekly reporting, you can now:

Access weekly reporting aligned to any day of the week that’s best for you.Customize your accounting calendar reporting structure to your specific needs, such as 4-4-5, 5-4-4, or even a 4-4-4 (or any combination), by-entity, or consolidated.Customize your reporting periods instead of staying tied to the standard Sunday-aligned 4-4-5, which isn’t best for everyone.Even report by week per period, quarter, or year. For instance, you can publish reports over the last 13 weeks, by week, if that suits your needs.The possibilities are virtually endless!

This means, for example, that if Saturdays and Sundays are your busiest days of the week, your financial and business intelligence reporting no longer must be split into two separate weeks. This also means that when it comes to 4-5-4 reporting periods (or any combination), you are now in complete control, which is perfect for businesses such as:

Restaurants and food servicesHospitality and hotelsRecreational facilitiesTourism and travel agenciesArchdioceses, dioceses, and non-profitsSeasonal businesses (i.e., ski and beachside resorts)And their accountants and advisors

2. NEW PERFORMANCE DASHBOARDS, RANKING AND BENCHMARKING TOOLS

Qvinci is proud to offer two new business intelligence performance dashboards and two new ranking and benchmarking tools for all users. These dashboards and tools are designed to run on single or multiple entities/locations and allow you to see key financial metrics in a graphical format. They provide a clear picture of performance metrics that give visibility and perspective to your financial data.

3. UPLOAD BUDGETS VIA EXCEL INCLUDING FUTURE BUDGETING CAPABILITIES

Qvinci’s customers now have the ability to import their budgets via Excel as some do not like working with budgets in QuickBooks. With Qvinci you can do both. We have also added future budgets, which allow our customers to use Qvinci budgets if they are using QuickBooks Desktop, QuickBooks Online, or QuickBooks by Class. The default for budgets is the QuickBooks budget.

With this amazing new feature, budgeting for your franchise or multi-entity environment and running reports, business intelligence, and predictive analytics just got a lot simpler.

4. ELIMINATION ENTRIES WITH NO NEED TO UTILIZE SEPARATE ACCOUNTING FILES

Qvinci has released a new eliminations option! Elimination entries are necessary for some organizations, especially in a franchise or multi-entity environment. Qvinci’s product team has created a new way to perform this task. There are many reasons why these transactions are eliminated before the consolidated financial statements are generated. Due to this need, Qvinci has created 3 different eliminations reports for our customers with SCoA and native options for each.

5. CURRENCY CONVERSION TOOLS WITH ADVANCED REPORTING AND BUSINESS INTELLIGENCE

Qvinci offers new currency conversion capabilities for both QuickBooks Desktop and Online versions, along with other select accounting software. Conversion rates are applied to each transaction based on its transaction date in QuickBooks. The user cannot set a desired conversion rate, as this is derived directly from XE.

6. MULTI-FACTOR AUTHENTICATION SECURITY FEATURES

To better protect your financial data, Qvinci has enabled multi-factor authentication (MFA) in our solution. In today’s world, helping businesses and individuals protect their secure data environment is essential. Enabling MFA for your company/client is easy. There are only five steps that the account administrator has to take to require ALL users to enable MFA, or individual users can enable it for themselves. Once enabled, you can use either Microsoft Authenticator or Google Authenticator to retrieve your valid PIN.

7. RE-RELEASE OF THE EXTENDED DATA SYNCING OF UP TO 84 MONTHS

Qvinci has always had the capacity to sync up to 3 years (36 months) of data. The market has spoken, and you want more. Our customers can now sync up to 7 years (84 months) of data.

Armed with this extra data, access to Qvinci’s basic reports or its 180+ customizable Jumpstart Gallery reports, and business intelligence templates have never been faster or easier. Use the gallery reports as-is, customize them in our proprietary report editor, or build an entire, white-labeled reporting package in our package editor.

8. RE-RELEASE OF THE REPORTING MONTH DATA READY FEATURE

Are you constantly frustrated by clients, franchise owners, or business units not keeping their books up to date? The old saying, “garbage in, garbage out,” may apply. If you don’t have accurate and up-to-date data, then reporting and business intelligence could be downright dangerous rather than immensely useful.

Take a second look at Qvinci’s Wellness Dashboard (Advisory Portal) and determine in seconds which of your clients, franchise owners, business units, or parish locations have their books up to date.

Just click the button and enter the date the books were completed. If the date is Green, you are good to go. But if it’s Red, you’ll need to make sure the accounting file is properly synced. If it’s not, send them a friendly reminder.

PRACTICAL APPLICATION – THE POSSIBILITIES ARE ENDLESS!

Accountants: Imagine the client advisory opportunities if you could review up to 84 months of your client’s data, choose to exclude a bad year (like with a pandemic), and consult with them regularly!

Franchises and Multi-Unit Organizations: Imagine having weekly reporting and business intelligence aligned Monday to Sunday instead of the old Sunday-aligned reporting, or pick any other day of the week your business requires. Fast casual, quick service, and chain restaurants have been looking for this for years.

Dioceses: Imagine the collaborative relationships fostered between chancery management and church and school leadership if you could easily determine which parish location does not have their books up to date before you review the metrics that matter most. Ensure timely and reliable data with the click of a mouse.
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SPECIAL LIMITED PRICING!

We are now offering a special, limited-time price to anyone who attends a webinar, starts a free trial, or speaks to a Solution Consultant and purchases QuickBooks and/or Qvinci. The offer is simple:

If you already have QuickBooks, add Qvinci for $5 per month for the first 3 months, provided that your ecosystem rollout is scheduled for the same period. File minimums apply.Need to purchase QuickBooks Online Advanced? When QuickBooks Online Advanced is purchased through Qvinci, Qvinci is included for $10.00 (a 60% discount)!For all other QuickBooks and Qvinci packaged solutions, contact us for discounted and bundled pricing!

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Brad Adams – Qvinci, President / CEO / Chairman – “Qvinci’s vision is defined by a single word: INNOVATION! Innovate the industry transformation of the data collection, consolidation, mapping, reporting, and business intelligence for small-to-medium businesses and non-profits into actionable financial insights everyone understands, can make sense of, and act on! This product release exemplifies that commitment to our customers, past, present, and future.”

Charles Nagel – Qvinci, Founder / CIO – “With the ability to run non-Sunday aligned weekly reports starting on any day of the week, with 1 or 1000s of QuickBooks files, and with customizable accounting calendars and customizable reporting periods, users can do what was previously impossible, easily measure and compare all locations the way they want on the periods they want. Coupled with extended data syncs, new budget tools, ranking, benchmarking, and performance dashboards, the product release is transformative.”

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ABOUT INTUIT – Intuit is the global technology platform that helps consumers and small businesses overcome their most important financial challenges. Serving more than 100 million customers worldwide with TurboTax, QuickBooks, Mint, Credit Karma, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit, our products and services, and find us on social.
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ABOUT QVINCI – Qvinci is a cloud-based solution that empowers accountants, franchises, multi-unit organizations, and single SMBs to make better decisions, save time, and increase their profitability and net revenue by providing actionable financial insights everyone can understand, make sense of, and act on. Automated collection, consolidation, and mapping of financial and non-financial data to a SCoA. Color-coded and customizable KPIs and business intelligence that tracks and predicts trending, benchmarks KPIs, and forecasts financial and cashflow positioning. Acclaimed Customer Success team always ready to help. Easy to implement. Simple to use. Immediate results.
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*Intuit and QuickBooks are registered trademarks of Intuit Inc. Used with permission under the QuickBooks Solution Provider Program. 

Media Contact

Justin Clark, Qvinci Software, 512-637-7337, sales@qvinci.com, https://qvinci.com/ 

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Legrand Announces Pedro Mendieta as President of Data, Power, and Control Division for North and Central America

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WEST HARTFORD, Conn., Feb. 18, 2025 /PRNewswire/ — Legrand®, a global specialist in electrical and digital building infrastructures, announces the appointment of Pedro Mendieta as President of the Data, Power, and Control (DPC) Division. As a part of Legrand, North and Central America (LNCA), the DPC division is comprised of industry-leading brands, including Ortronics, Raritan, Server Technology, Starline, Approved Networks, and ZPE Systems, that offer innovative solutions for data centers, building networks, and facility infrastructures. The division designs, manufactures, and markets world-class products and solutions for a more productive and sustainable future. The exceptional reliability of its technologies results from decades of proven performance and dedication to research and development. 

Pedro will report to Brian DiBella, President and CEO of LNCA, and join the Executive Committee. Pedro steps into the DPC role previously held by Brian and will work closely with the global data center teams to drive all aspects of DPC business, including taking advantage of the data center market growth that has been driven by the rapid adoption of Artificial Intelligence (AI) technologies and digitalization trends.

Pedro brings over 15 years of experience in the data center industry, having held key senior strategic and operational leadership roles at Eaton and ABB, specializing in critical power and power electronics. Most recently, he served as Senior Vice President at Anord Mardix, a Flex company, where he led the global organization and played a pivotal role in developing market-driven growth and operational strategies, focusing on expanding market share through both organic and inorganic initiatives, while prioritizing profitability and customer satisfaction.

“The data center market is a key area of focus for Legrand globally. Pedro offers a well-rounded perspective, balancing strategy and operations to guide our global teams and support regional collaboration,” said Brian DiBella, President and CEO, LNCA. “I’d like to sincerely thank the entire DPC team for stepping up and driving continued growth while we searched for the right candidate to lead the division.”

About Legrand and Legrand, North and Central America
Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for residential, commercial, and data center markets makes it a benchmark for customers worldwide. The Group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving life by transforming the spaces where people live, work and meet with electrical, digital infrastructures and connected solutions that are simple, innovative and sustainable. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing a strategy of profitable and responsible growth driven by acquisitions and innovation, with a steady flow of new offerings that include products with enhanced value in use (energy and digital transition solutions: datacenters, digital lifestyles and energy transition offerings). Legrand reported sales of €8.4 billion in 2023. The company is listed on Euronext Paris and is a component stock of the CAC 40, CAC 40 ESG and CAC SBT 1.5 indexes. (code ISIN FR0010307819). https://www.legrand.us/

Media Contact:
Jsa_legrand@jsa.net

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SOURCE Legrand DPC LLC

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GCL SI Achieves EcoVadis Silver Medal Certification, Ranks in the Global Top 15% for ESG Practices

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MUNICH, Feb. 19, 2025 /PRNewswire/ — On February 17, 2025, GCL System Integration (GCL SI) achieved a significant milestone by securing the EcoVadis Group-level Silver Medal certification. In its first attempt, GCL SI stood out among over 150,000 participating companies globally, placing it within the top 15% of sustainable development leaders. This recognition marks GCL SI’s advancement to world-class standards in Environmental, Social, and Governance (ESG) practices, setting a benchmark for sustainable development in the global renewable energy sector.

EcoVadis, a leading global CSR assessment organization that operates across 175 countries and over 200 industries, evaluates companies based on four key dimensions: environmental management, labor rights, business ethics, and sustainable procurement. GCL SI’s Silver Medal achievement signifies that its ESG performance surpassed 85% of global participants, showcasing leadership in areas such as environmental governance and green supply chain management. Notably, GCL SI’s proprietary carbon platform, “GCL Carbon Data Platform,” integrates blockchain and privacy computing technology to track and manage the carbon emissions across the entire photovoltaic industry, promoting a circular green ecosystem.

In its efforts to advance green manufacturing, GCL SI has implemented a “Triple-Integration” strategy, combining digital empowerment with low-carbon technology upgrades, resulting in an annual reduction of 127,000 tons of CO₂ equivalent emissions. The company has also established an intelligent energy management system that boosts photovoltaic plant operational efficiency by 23%.

As one of the global top five photovoltaic module suppliers, GCL SI remains commitment to its mission of “bringing green power to life”. The company has built a green procurement system spanning 28 countries and 186 suppliers, resulting in an annual carbon reduction of 450,000 tons. Additionally, GCL SI has invested CNY 380 million to upgrade its intelligent manufacturing systems, and its Suzhou base was nominated as a “Lighthouse Factory” by the World Economic Forum.

Standing at the crossroads of the global energy transition, GCL SI continues to deepen its “Zero Carbon Technology + Digital Energy” dual-engine strategy, aiming for full carbon neutrality across its entire value chain by 2027. As the UN Global Compact’s Asia-Pacific Executive Director stated: “GCL SI’s ESG practices are redefining the global responsibility paradigm for renewable energy companies.”

SOURCE GCL SI

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LightPath Technologies to Host Virtual Investor Day Presentation on Tuesday, February 25, 2025

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Management to Provide Business & Financial Update on Recently Announced G5 Acquisition and Key Operational Initiatives

ORLANDO, Fla., Feb. 18, 2025 /PRNewswire/ — LightPath Technologies, Inc. (NASDAQ: LPTH) (“LightPath,” the “Company,” or “we”), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced that management will host a virtual investor day presentation at 12:30 p.m. Eastern time on Tuesday, February 25, 2025.

LightPath Technologies executive management team will provide a corporate update, discuss the company’s growth strategy, the G5 acquisition, and highlight key financial and technological advancements. The presentation will conclude with a question-and-answer session for in-person participants. The full presentation will be available via the webcast link provided below.

Virtual Investor Day Presentation

Date:

Tuesday, February 25, 2025

Time:

12:30 p.m. Eastern time

Webcast Link:

https://viavid.webcasts.com/starthere.jsp?ei=1703680&tp_key=783a07c4fe

Sam Rubin, President and CEO of LightPath Technologies, stated: “Our leadership team is excited to host our upcoming Investor Day, where we will share our vision for the future of LightPath and outline the strategies driving our growth and innovation – inclusive of our transformative acquisition of G5. We look forward to providing updates on our progress and plans, as well as engaging with current and prospective investors during the webcast. This event will highlight our ongoing commitment to delivering long-term value for our shareholders and our status as an emerging industry leader in the optical and infrared solutions space.”

A webcast playback of the call will be available through February 25, 2026. To view, please use the webcast link above or by clicking here: LPTH Investor Day Webcast.

About LightPath Technologies

LightPath Technologies, Inc. (NASDAQ: LPTH) is a leading provider of next-generation optics and imaging systems for both defense and commercial applications. As a vertically integrated solutions provider with in-house engineering design support, LightPath’s family of custom solutions range from proprietary BlackDiamond™ chalcogenide-based glass materials – sold under exclusive license from the U.S. Naval Research Laboratory – to complete infrared optical systems and thermal imaging assemblies. The Company’s primary manufacturing footprint is located in Orlando, Florida with additional facilities in Texas, Latvia and China. To learn more, please visit www.lightpath.com.

Forward-Looking Statements

This press release includes statements that constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “forecast,” “guidance,” “plan,” “estimate,” “will,” “would,” “project,” “maintain,” “intend,” “expect,” “anticipate,” “prospect,” “strategy,” “future,” “likely,” “may,” “should,” “believe,” “continue,” “opportunity,” “potential,” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are based on information available at the time the statements are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the impact of varying demand for the Company products; the ability of the Company to obtain needed raw materials and components from its suppliers; actions governments, businesses, and individuals take in response to the pandemic, including restrictions on onsite commercial interactions; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; geopolitical tensions, the Russian-Ukraine conflict, and the Hamas/Israel war; the effects of steps that the Company could take to reduce operating costs; the inability of the Company to sustain profitable sales growth, convert inventory to cash, or reduce its costs to maintain competitive prices for its products; circumstances or developments that may make the Company unable to implement or realize the anticipated benefits, or that may increase the costs, of its current and planned business initiatives; and those factors detailed by LightPath Technologies, Inc. in its public filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on 10-Q. Should one or more of these risks, uncertainties, or facts materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by the forward-looking statements contained herein. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Except as required under the federal securities laws and the rules and regulations of the Securities and Exchange Commission, we do not have any intention or obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.

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SOURCE LightPath Technologies

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