Connect with us

Technology

Centime Partners with Fyle to Add Expense Management to its Suite of Cash Management Solutions

Published

on

BOSTON, Oct. 30, 2024 /PRNewswire/ — Centime, a Boston-based fintech that offers comprehensive cash management solutions to small to midsize businesses (SMBs), today announced a partnership with Fyle, a leading expense management provider. This partnership expands Centime’s platform to include seamless expense management, offering finance teams full control over cash flow and spending.

Centime’s comprehensive cash management helps companies streamline AP, AR, and banking*. Now, with Fyle’s advanced expense tracking, reporting, and reimbursement capabilities, Centime offers a single solution that handles every aspect of financial operations.

“Expense management is vital to any CFO’s cash strategy,” said BC Krishna, CEO and Founder of Centime. “Our partnership with Fyle delivers a comprehensive approach to managing not just payables and receivables, but now employee expenses as well. We’re tackling cash management from all angles, to give CFOs clear line-of-sight and control across all their cash inflows and outflows.”

As businesses scale, managing employee expenses isn’t just an operational need—it’s a core part of cash management. Real-time visibility and control over spending are essential for optimizing working capital. Centime’s partnership with Fyle empowers CFOs to automate expense approvals, enforce policies, and gain instant visibility into spending, all while keeping cash flow in check.

By uniting AP, AR, banking, and expense management, the partnership equips mid-market businesses to manage their entire financial operation with ease and precision.

Why Choose Centime’s Expanded Solution?

Free Expense Management: Centime Credit Card users get Fyle’s expense management software at no additional cost**, driving added value for clients.Comprehensive Cash Control: Manage AP, AR, banking, and expenses in one streamlined platform for complete oversight of financial operations.Real-Time Insights: Track employee spending in real time and stay on top of budgets with live data and reporting.Automated Approvals: Set up approval workflows and enforce expense policies without manual effort.Seamless Integration: Fyle integrates with any card, Visa, Mastercard, and Amex, as well as accounting platforms like QuickBooks and Sage Intacct.

To learn more about streamlining your financial operations, you can book a demo of Centime’s complete cash management solutions at www.centime.com/demo.

About Centime
Centime is the leading cash management platform that helps small to mid-sized businesses easily control and manage working capital. From forecasting, collections, invoicing, payments, credit, and reporting — our platform leverages automation and artificial intelligence to help finance leaders lower operational costs and optimize cash flow.

Centime is the only company to offer accounts payable, accounts receivable, and banking solutions* in one unified platform. Named Fintech of the Year by Aite in 2022, Centime is a privately held company based in Boston, MA. To learn more, visit www.centime.com.

‍*Centime is a financial technology company, not a bank. Centime deposit accounts are with FNBO and are FDIC insured through FNBO. Member FDIC.

**Subject to credit approval and minimum spend requirements on Centime Credit Card.

View original content to download multimedia:https://www.prnewswire.com/news-releases/centime-partners-with-fyle-to-add-expense-management-to-its-suite-of-cash-management-solutions-302291594.html

SOURCE Centime

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Anthology’s Blackboard Ranked as a Top Learning Management System by Leading EdTech Analyst Firm

Published

on

By

BOCA RATON, Fla., Oct. 30, 2024 /PRNewswire/ — Anthology, the leading educational technology company, today announced Blackboard secured a top placement in the inaugural Tambellini StarChart™ 2024 for Learning Management Systems (LMS). Blackboard was rated as a Commander, a distinction reserved for market leaders with highly innovative and user-focused designs that push the boundaries of technology and usability to new heights.

Combined with its leadership in AI-driven features that optimize instructional efficiency and support student AI literacy, Blackboard stands among the top of the LMS platforms available.  

Blackboard has released more features than any other LMS over the past three years and was the first major LMS to offer generative AI features in the market. Its award-winning AI Design Assistant and the recently released AI Conversation tools are empowering learners and educators to drive AI literacy, enhance learning, and optimize instructional efficiencies.

“It’s clear to see the significant investment Anthology has placed into Blackboard,” said Matthew Winn, Ph.D., Senior Analyst at the Tambellini Group. “Today’s Blackboard is aggressive in its commitment to the user experience, with a foundation in customer collaboration and a co-design process that captures the voice of educators and learners. Combined with its leadership in AI-driven features that optimize instructional efficiency and support student AI literacy, Blackboard stands among the top of the LMS platforms available.”

Anthology’s Blackboard has won and been recognized for a multitude of awards and commendations in 2024, including being ranked as a Leader in the G2 Learning Management System Grid® Report, reflecting high Satisfaction and Market Presence scores. Blackboard was also recognized as a 2024 SIIA CODiE Awards “Learning Management System” Finalist.

“Higher education is navigating many challenges. That’s why we invest so heavily in innovation and thoughtful features in Blackboard—to help institutions improve efficiencies, engage students more deeply, and incorporate cutting-edge technology in a meaningful way,” said Bruce Dahlgren, CEO of Anthology. “We are focused on delivering solutions with our customers that make a real difference and create life-changing opportunities around the world.” 

Built upon the robust foundation of Amazon Web Services (AWS), Blackboard ensures a seamless, integrated educational experience.  The AI features currently released in Blackboard are included as standard in core licenses. All AI features are developed following Anthology’s trustworthy AI approach. Learn more about Blackboard at anthology.com or sign up for a free trial at anthology.com/try.

Tambellini Group is a leading independent technology research, analyst, and advisory firm dedicated exclusively to higher education.

About Anthology

Anthology delivers education and technology solutions so that students can reach their full potential and learning institutions thrive. Millions of students around the world are supported throughout their education journey via Anthology’s ecosystem of flagship SaaS solutions and supporting services, including the award-winning Blackboard® (LMS), Anthology® Student (SIS/ERP), and Anthology® Reach (CRM). Through the Power of Together, we are uniquely inspiring educators and institutions with innovation that is meaningful, simple and intelligent to help customers redefine what’s possible and create life-changing opportunities for people everywhere. www.anthology.com.

Media contacts:
Erin Mitchell, Director of Communications, Anthology. Erin.Mitchell@anthology.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/anthologys-blackboard-ranked-as-a-top-learning-management-system-by-leading-edtech-analyst-firm-302291824.html

SOURCE Anthology

Continue Reading

Technology

MoFo Survey: Tech M&A Revival Buoyed by Market Rally, Lower Financing Costs, and Private Equity Deal Making

Published

on

By

Enthusiasm for transformative technologies and drive to maintain competitive advantages in an evolving tech ecosystem fuel optimism for increased dealmaking in 2025

SAN FRANCISCO, Oct. 30, 2024 /PRNewswire-PRWeb/ — Morrison Foerster, a leading global law firm, today announced the results of its annual Tech M&A Survey conducted in conjunction with Mergermarket, which reveals that momentum for tech dealmaking is gathering steam amid market optimism and demand for transformative technologies across all sectors. This is reflected in aggregate reported deal value, which surged by 39% reaching $482 billion so far in 2024. The new Morrison Foerster and Mergermarket survey report, “Powering Up: Sentiment, Stocks, and Security Drive the Tech Deal Revival” shows that 54% of respondents are expecting deal volumes to increase over the next 12 months, up from 48% in last year’s survey.

Morrison Foerster’s Tech M&A Survey conducted in conjunction with Mergermarket reveals that momentum for tech dealmaking is gathering steam amid market optimism and demand for transformative technologies across all sectors.

“We’re seeing a renewed appetite for big-ticket tech M&A, driven by improved buyer sentiment and a rally in key tech stocks,” said Brandon Parris, partner and co-chair of Morrison Foerster’s global M&A practice. “The tech M&A market is reawakening, marked by a trend toward fewer but heftier transactions. This energy is a decisive shift from last year’s retreat, laying the foundations for a recovery in 2025.”

“Dealmakers are evaluating more considerations in this shifting market with deal structures that offer flexibility, shared risk, and performance guarantees,” added Jeremy White, partner and co-chair of Morrison Foerster’s global M&A practice. “However, tech M&A continues to be a priority as investor interest in larger, domestic acquisitions of high growth companies are seen as the key for unlocking the promise of transformative technologies like generative AI.”

Key Findings

More Tech M&A Deals Expected Ahead: The technology sector witnessed a resurgence in M&A activity during the first nine months of 2024. Volume remained steady at 6,500 deals, while aggregate deal value surged by 39%, reaching $482 billion. This aligns with sentiment among survey participants, with fifty-four percent of respondents expecting deal volumes to increase over the next 12 months, up from 48% in our previous survey.Private Equity Leads Revival: Private equity firms are especially bullish with 57% anticipating tech deals compared to 51% of corporates. Global private equity-backed deals worth $5 billion and above jumped in 2024 and totaled $123.64 billion as of July, already exceeding the $75.2 billion for full year 2023.Tech’s AI Transformation Just Beginning: Survey respondents indicated that companies in business services (59%), technology (55%), and retail (42%) are leading in AI integration and utilization by quickly adopting AI for central tasks. Pharmaceuticals, medical and biotech (51%), and energy, mining, and utilities (49%) were identified as the sectors with the most potential for new or improved AI.Alternative Deal Structures Maintain Appeal: Investors are looking to mitigate financial, regulatory, or market risks through minority investments, earnouts, and other alternatives like joint ventures and contingent consideration. Eighty percent of PE firms surveyed will be exploring minority investments in their tech M&A plans over the next 12 months. Seventy-eight percent of corporate buyers will use earnouts or contingent considerations in future tech M&A transactions.Rise of Shareholder Activism: The focus on technology’s tremendous disruptive potential and high valuations has led to an increase in shareholder activism globally. Fifty-one percent of respondents indicated that shareholder activism in connection with tech M&A is likely to increase over the next three years. Dealmakers now need to carefully assess and prepare for potential activist investors when initiating M&A activity. The introduction of the universal proxy card in the United States has led to the proliferation of first-time occasional activists.ESG Standards Here to Stay: Dealmakers continue to focus on ESG considerations during risk assessments for acquisition targets and rated it 8.1 out of 10 this year. The responses increased to 8.7 out of 10 in ESG importance for future due diligence. New ESG disclosure requirements from various jurisdictions should provide standardized reporting for future M&A due diligence.

To download the full survey results with additional insights, visit: https://www.mofo.com/tech-ma-forecast.

Methodology

In Q2 2024, Mergermarket surveyed 300 dealmakers from around the world to gain insights into the future of technology related M&A. Respondents were equally distributed among corporates with a minimum of $250 million in annual revenue and private equity (PE) firms with a minimum of $500 million in assets under management. In respect of geography, 30% of respondents were based in North America, 30% in Europe, 30% in Asia-Pacific, and 10% in Latin America. All responses are anonymous, and the results are presented in aggregate.

About Morrison Foerster

Morrison Foerster is a leading global law firm that transforms complexity into advantage for its clients. Our clients include some of the largest financial institutions, banks, consulting and accounting firms, and Fortune 100, technology, and life sciences companies. Highlighting the firm’s commitment to client service, leadership in market-changing deals and impact litigation, and values-based culture, Morrison Foerster has been named to The American Lawyer’s A-List for 20 of the ranking’s 21 years. Year after year, the firm receives significant recognition from Chambers and The Legal 500 across their various guides, including Global, USA, Asia Pacific, Europe, UK, Latin America, and FinTech Legal. Our lawyers passionately care about delivering legal excellence while living our values. Morrison Foerster has a long-standing commitment to creating a culture that respects and celebrates differences, while providing an inclusive environment. The firm has achieved Mansfield Certification Plus since 2018 as a result of having at least 30% women, minority, LGBTQ+, and lawyers with disabilities representation across notable leadership roles and within partnership. In addition, the firm was selected as the “Outstanding Firm for Diversity & Inclusion” as part of the Chambers Diversity & Inclusion Awards: USA 2023. Morrison Foerster also has a long history of commitment to the community and society through providing pro bono legal services, including litigating for civil rights and civil liberties, improving public education and fostering the wellbeing of children, advocating for veterans, promoting international human rights, enforcing the right to asylum, and safeguarding the environment. For more information, visit http://www.mofo.com.

Media Contact

Ming Lacey, Morrison Foerster, 917-340-7251, mlacey@mofo.com, https://www.mofo.com

View original content:https://www.prweb.com/releases/mofo-survey-tech-ma-revival-buoyed-by-market-rally-lower-financing-costs-and-private-equity-deal-making-302291268.html

SOURCE Morrison Foerster

Continue Reading

Technology

PropertyChecker.com Set to Exhibit at NAR NXT – The REALTOR® Experience 2024 in Boston, Massachusetts

Published

on

By

Boston, Massachusetts, October 30, 2024, PropertyChecker will be exhibiting at the largest real estate expo in the nation and will be introducing their exclusive PropertyChecker Pro membership to realtors, either individuals or agencies.

BOSTON, Oct. 30, 2024 /PRNewswire-PRWeb/ — Boston, Massachusetts, October 30, 2024, PropertyChecker will be exhibiting at the largest real estate expo in the nation and will be introducing an exclusive PropertyChecker Pro membership to realtors, either individuals or agencies. Up to 10 users can use the same membership, and they benefit from customized PDF reports. All attendees are invited to stop by their booth and see firsthand why their platform is changing the way real estate transactions are made.

NAR NXT is the largest annual event for top-tier real estate professionals. It features education and networking sessions that encompass every aspect of the real estate industry with renowned speakers from around the globe.

In today’s ever-evolving real estate landscape, making informed decisions can feel like navigating a maze without a map. Whether a seasoned investor, a first-time homebuyer, or an agent striving to close the perfect deal, understanding property data is one’s compass in this complex market.

From tracking trends and pricing dynamics to uncovering hidden gems and potential pitfalls, leveraging accurate property information empowers everyone to make smarter choices that lead to successful transactions. Harnessing the power of property data is not just beneficial—it’s essential for thriving in the competitive world of real estate.

Harness The Power of Property Data:

Property Owner(s): Looking to find out information on who owns a property? Obtain details such as the property owner’s name, phone number, and mailing address.Purchase History: Uncover the property’s sales history, including past sale prices, sale dates, transfer type, and additional details.Loan Records: Conducting loan records searches reveals crucial property details, such as loan amounts, terms, rates, status, lender information, and associated names.Deeds: Searching property deed records can provide a lot of information about the property ownership. Users can find information such as type of deed, seller and buyer info, liens, and terms of sale.Property Details: Property details are essential for anyone buying, selling, or investing in real estate. Reviewing property records provides valuable insights, including square footage, bedroom and bathroom count, lot size and location, renovation history, and more.Neighborhood Info: When purchasing a home, understanding the neighborhood is crucial. Neighborhood records offer details on proximity to parks, schools, and others. PropertyChecker reports also provide critical stats like crime, school ratings, demographics, Household income, etc.Tax Records: Examining property tax records is vital for uncovering tax assessment values, owed taxes, exemptions, land, and property enhancements, and more.Market Values: Knowing property values empowers users with essential information for buying, selling, or investing. Gain insights into size, location, condition, and improvements, as well as historical changes.Building Permits: Gain essential details like permit status, type, applicant name, fees paid, effective date, and permit number.Foreclosures: Explore comprehensive foreclosure records featuring key details such as publication date, record last update, record type, borrower name, lender name, trustee name, foreclosure document instrument number, original loan amount, and auction city.Lien Records: Discover vital information within lien records, including publication date, record last update, record type, debtor name, creditor name, lien amount, lien instrument number, and lien status.Residents: Obtain detailed resident profiles, including full names, contact information, and tenure duration at specific properties.

Property data plays a pivotal role during negotiations. It equips buyers and sellers with essential information that can influence the terms of an agreement. Knowledge of local market trends, comparable property values, and historical sales data can empower negotiators to advocate for their best interests.

During due diligence, having access to comprehensive property data is crucial. Buyers need details on zoning regulations, tax assessments, and potential liens or encumbrances. This knowledge helps identify any red flags before finalizing a deal.

Sellers benefit as well; by understanding current market conditions through accurate data, they can confidently set competitive prices. Armed with this information, both parties can engage in more transparent discussions.

Ultimately, leveraging quality property data fosters trust between buyers and sellers while streamlining the entire transaction process.

For complete information, visit: https://propertychecker.com/

Media Contact

Chafiq Elbissouri, PropertyChecker, 1 (800) 396-4909, press@propertychecker.com, https://propertychecker.com/

View original content to download multimedia:https://www.prweb.com/releases/propertycheckercom-set-to-exhibit-at-nar-nxt—the-realtor-experience-2024-in-boston-massachusetts-302291590.html

SOURCE PropertyChecker

Continue Reading

Trending