Bookkeeping platform Digits has acquired budgeting and forecasting startup Basis Finance. “With rising interest rates and a tightening fundraising environment, the importance of extending runway has become crystal clear to founders in 2024,” the company said in a news release Monday (June 17). “Through this acquisition Digits will accelerate its...
Collective has debuted an artificial intelligence (AI)-powered accounting platform designed for one-person operations. “As freelancers delve into the administration needed to properly pay their taxes and keep their books up to date, they’ve been shocked by their choices: pay expensive local accountants and bookkeepers that often leave...
Fyle and Intuit QuickBooks have partnered on real-time expense management and simplified bookkeeping solutions. Designed for small and medium-sized businesses (SMBs), the Fyle and QuickBooks combined solution helps automate expense reporting, credit card reconciliation and closing the books, the companies said in a Tuesday (May...
Quadient has added a cash application module to its accounts receivable (AR) automation solution. The new Advanced Cash Application module eliminates the need for finance teams to manually apply incoming payments to customers and invoices and re-key payments received from the bank, Quadient said in a Tuesday (April...
March 27, 2023
“Small forest fires” that are “ultimately good for the forest.” That’s how Matthew Tillman, CEO at automated accounts payable (AP) solution OpenEnvoy, is looking at the banking crisis, he told PYMNTS CEO Karen Webster. Silicon Valley Bank’s collapse has forced many company founders to be more aware of their banking relationships — a healthy thing […]
September 09, 2024
Finance and human resources suite finally has raised $200 million in new funding. The financing, a $50 million Series B from PeakSpan Capital and $150 million credit facility from Encina, will help the company bolster its small and medium-sized business (SMB)-focused offering, according to a Monday (Sept. 9) press release. “Many SMBs today feel intense pressure to […]
June 17, 2024
Bookkeeping platform Digits has acquired budgeting and forecasting startup Basis Finance. “With rising interest rates and a tightening fundraising environment, the importance of extending runway has become crystal clear to founders in 2024,”...
March 19, 2024
Collective has debuted an artificial intelligence (AI)-powered accounting platform designed for one-person operations. “As freelancers delve into the administration needed to properly pay their taxes and keep their books up to...
May 02, 2023
Fyle and Intuit QuickBooks have partnered on real-time expense management and simplified bookkeeping solutions. Designed for small and medium-sized businesses (SMBs), the Fyle and QuickBooks combined solution helps automate expense...
