Cash flow stories - Page 9

Zoom Video Communications surpasses fiscal Q2 guidance with USD $1,162.5 million revenue, driven by AI-powered tools; records a 33.7% rise in operating cash flow.

CFOs struggling with inefficient account consolidation can discover clarity by joining the From Complexity to Clarity webinar on 27 August 2024.

Sally Europe sees a 2% rise in on-shelf availability and a 5% boost in working capital after implementing Slimstock's supply chain platform, enhancing cash flow.

Amplitude posts an 8% revenue growth to USD $73.3 million, appoints Andrew Casey as new CFO, and prepares for potential sanctions-related risks impacting receivables.

Fortinet's Q2 2024 results show record operating margins and a 19.8% rise in service revenue, signalling strong growth despite a slight dip in product sales.

Microcare Systems has slashed costs and streamlined operations by adopting Zumzum Financials via Salesforce, boosting invoicing efficiency and cash flow significantly.

Seeing Machines inks a 5-year deal with Caterpillar, securing a USD $16.5 million payment to bolster cash reserves and advance transport safety tech.

Xero has revealed its AI-powered business companion, Just Ask Xero (JAX), to boost accuracy in accounting tasks, launching a beta in August.

Ivalua has partnered with Visa to unleash £400 billion in trapped supply chain liquidity, enhancing global corporate card use and improving cash flow.

TechnologyOne's financial results for HY24 show a 16% revenue rise to AUD $244.8M, driven by strong SaaS growth and UK market gains.

BlackLine has topped ISG's latest study in both the Invoice to Cash (I2C) and Record to Report (R2R) categories, marking a significant achievement.

Kyriba's Q4 2023 report highlights a $95bn total currency impact on revenues of 1700 public North American and European companies.

Hokodo, London's European digital payment terms provider, secures GBP £100m debt facility from global investor Viola Credit to support over GBP £1.5bn in B2B transactions across Europe.

Ecommpay expands market reach in the UK and Europe, forecasting a 44% growth, by integrating Bacs and SEPA Direct Debit capabilities via GoCardless, enriching their payment suite for FinTech and eCommerce merchants.

Celonis and Sailfin Technologies unveil AI-driven suite to optimise AR operations, promising enhanced cash flow, greater productivity, and potential million-dollar savings.

Sage introduces 'Sage Copilot', an AI-powered virtual assistant aimed at revolutionising productivity and amplifying growth for SMEs in the finance sector.

Strong Q2 results and record 1H24 earnings put archTIS Limited, a secure data collaboration software firm, en route to achieving imminent revenue expansion and nearing cash flow positivity.

Mangopay and Storfund have joined forces to revolutionise cash flow for businesses operating on online marketplaces, allowing instant payment.

79% of SMEs are adopting remote work for significant cost cuts, despite risks to cybersecurity and strain on funding, reveals a new study.

Singaporean fintech startup Qashier releases QashierPay Soundbox, a groundbreaking QR payment terminal that promises safer digital transactions and hastens the digitisation of payments.