Settle, an operations platform for consumer packaged goods (CPG) brands, acquired enterprise resource planning (ERP) firm Turbine. Settle incorporated Turbine’s inventory operations and forecasting capabilities with its cash flow platform to expand its procurement and inventory management suite, according to a Tuesday (Oct. 1) news...
B2B operations frequently require a greater level of sophistication than their B2C counterparts. Payments, especially, are typically larger and more complex transactions and must mesh with monolithic, already-existing systems. That’s what makes the whole concept of digitization and the payoff that comes along with it...
Think of the consumer packaged goods industry, and you think of the monoliths. Procter & Gamble, for example, has been around since 1837 and has 65 brands on its current roster. Colgate-Palmolive has been in business since 1806 and has 32 brands. What gets lost...
Settle has added an Automatic 3-Way Matching for Purchase Orders feature to its cash-flow management platform. Designed for eCommerce and consumer packaged goods (CPG) brands, this feature dynamically validates purchase orders (POs), goods received notes (GRNs) and bills by automatically flagging inconsistencies, ensuring users are not overbilled, the...
August 08, 2024
Think of the consumer packaged goods industry, and you think of the monoliths. Procter & Gamble, for example, has been around since 1837 and has 65 brands on its current roster. Colgate-Palmolive has been in business since 1806 and has 32 brands. What gets lost in the discussion are the startups and mid-sized companies that […]
October 01, 2024
Settle, an operations platform for consumer packaged goods (CPG) brands, acquired enterprise resource planning (ERP) firm Turbine. Settle incorporated Turbine’s inventory operations and forecasting capabilities with its cash flow platform to expand its procurement and inventory management suite, according to a Tuesday (Oct. 1) news release. The result is a unified operating platform that streamlines […]
March 27, 2024
Settle has added an Automatic 3-Way Matching for Purchase Orders feature to its cash-flow management platform. Designed for eCommerce and consumer packaged goods (CPG) brands, this feature dynamically validates purchase orders (POs), goods...
August 02, 2023
Settle has introduced a purchasing and procurement solution designed for founders of eCommerce businesses. The new Settle Purchasing suite of tools automates bill pay, purchase order creation, auditing, reporting and...
July 25, 2023
Cash flow management company Settle has secured a $145 million credit facility with Silicon Valley Bank. The financing, announced in a news release Tuesday (July 25), will let Settle develop its lending products for larger...
