A rising number of people are switching jobs and industries, moving from traditional to non-traditional roles, and even starting their own businesses. According to the Australian Banking Association (ABA) 2022 SME Lending Report, the number of self-employed people rose 10% to 1.55 million in the year to June 2022. In the same period, the number … Read more
A recent report from accounting platform Xero shows Australian, New Zealand and U.K. small businesses experience negative cash flow for about four months of the year. The finding comes from an analysis of aggregated accounting data, which displays just how often small business spending exceeds revenues in each month. In 2023, the trend of tight cash … Read more
Municipal Finance & Services Corporation (MFSC™) is pleased to announce that the City of Fishers, IN, adopted a Resolution approving the MFSC™ Expedited Payment Program. This allows the City’s vendors to voluntarily participate in MFSC’s AMP (Accelerated Municipal Payment) program, providing vendor payments within 72 hours of invoice approval. AMP™ is a non-factoring accounts payable … Read more
Adit EdTech Acquisition Corp. (“ADEX”) (NYSE: ADEX, ADEXU, ADEXW) convened its special meeting of its stockholders on Dec. 14, 2022, and a proposal to adjourn the meeting was approved. ADEX will continue to solicit additional proxies on the proposal to extend the time ADEX has to consummate its initial business combination, as described in its definitive … Read more
In partnership with NAX and Skybridge, UNLOX leverages the Algorand blockchain to seamlessly integrate more modern models to large organizations, enabling frictionless experiences for businesses and their customers. The first two marketplaces leverage the scale of one of the world’s leading manufacturers/retailers to introduce a first-of-its-kind Buy Now, Pay Later platform that harnesses the power … Read more
Jeff Altman, Verizon’s Director for Finance Talent Development, was recently named Chairperson of the Finance Development & Training Institute (FDTI). The FDTI is a peer-sharing alliance of some of the world’s largest and most respected companies that work cooperatively to accelerate learning, development and performance of their finance and accounting talent. Members include The Coca-Cola … Read more
Following numerous requests from its shareholders, the Board of Société Parisienne d’Apports de Capital (formerly FPN), (“SPAC”) has decided to postpone its original deadline for shareholders to submit their request for free SPAC share purchase warrants until Nov. 12, 2021. Shareholders are invited to notify SPAC of their total ownership of shares by Nov. 12, … Read more
The merger of MB Partners and Kaga Investment Management Co., Ltd. brought together two highly complementary businesses to create a larger, commercially stronger, and more competitive financial services company, well placed to deliver increased value to its clients, shareholders, and the Asian finance industry. Andrew Allbright, Chairman of MB Partners, said of the merger, “This … Read more
Finexio, a fast-growing digital accounts payable payments-as-a-service company, and Nordis Technologies, a leader in cloud-based, omnichannel customer communications management (CCM) and payments technology, today announced a partnership that expands Nordis’ solutions to include business-to-business (B2B) accounts payable payments for the hospitality, healthcare, and financial services markets. The two companies are teaming up to offer a … Read more
