While no two small and medium-sized businesses (SMBs) are alike, many face similar challenges. And those challenges tend to be related to the widening gap in digital transformation when it comes to the back office and payments functions of SMBs versus their larger, enterprise peers. Still,...
For Brian Morgan, owner of Couch Potatoes Furniture & Mattress Stores, standing out in a crowd is the company’s collective mission. On Saturday (Aug. 31), Couch Potatoes & Mattress Stores unveiled a pioneering retail and manufacturing concept in Austin, Texas. The company opened a 100,000-square-foot...
The potential for artificial intelligence (AI) humanoid robots in factories and stores is sparking debate among experts on the future of work and commerce. While companies explore humanoid robots for tasks from assembly to customer service, opinions vary widely on their adoption rate and implications....
As innovative technologies become more commonplace, the opportunity to unlock value becomes more accessible. And with the news Friday (June 14) that industrial metaverse company DataMesh raised a new funding round to develop its enterprise metaverse platform, tapping into the potential that digital ecosystems offer...
June 17, 2024
As innovative technologies become more commonplace, the opportunity to unlock value becomes more accessible. And with the news Friday (June 14) that industrial metaverse company DataMesh raised a new funding round to develop its enterprise metaverse platform, tapping into the potential that digital ecosystems offer is top of mind for forward-thinking firms, particularly those in […]
December 14, 2023
The manufacturing industry is on the verge of a major transformation in payment practices, PYMNTS Intelligence revealed. The report “Corporate Changes in Payment Practices: Manufacturing Companies Embrace Real-Time Payments,” a...
December 07, 2023
The manufacturing sector is undergoing a significant transformation in its payment practices, with a growing emphasis on real-time payments. In fact, instant payments have emerged as the leading method for...
November 22, 2023
Real-time B2B payments are transforming industries in which the number of payment transactions is very high — such as the manufacturing sector. According to a recent PYMNTS Intelligence research in...
April 22, 2024
Enterprise application software company SAP has introduced artificial intelligence (AI) advances for its supply chain solutions. According to a Monday (April 22) news release, SAP said these AI-driven insights from real-time data will help its customers use their own data to make better decisions across supply chains, streamline product development and make manufacturing more efficient. “Businesses today […]
April 03, 2024
ADP’s latest employment report shows a jump in raises for people switching jobs. While year-over-year pay increases last month for people who stayed at their jobs were flat after months...
April 01, 2024
Manufacturing activity in the United States rose in March for the first time in more than a year. The Institute for Supply Management’s monthly report on business, released Monday (April 1), showed...
July 05, 2023
CADDi has raised $89 million in Series C funding for its solutions for the manufacturing sector. The company will use the new funding to enhance the capabilities of both its parts-procurement...
