Press Releases
Resynergi announced on March 26, 2024, the appointment of Jens Umehag as Chief Operating Officer (COO) and Chief Financial Officer (CFO). Umehag will report directly to co-founder and CEO Brian Bauer and will be responsible for developing growth strategies, leading business operations, and financial planning. He previously held senior financial and management positions at Halma Group and BP, bringing extensive experience in the energy industry.
On April 16, 2024, Vareto announced the launch of the Vareto 2.0 planning and decision platform, positioned as the first multiplayer modeling platform in the enterprise FP&A category, and claiming to be the only solution that simultaneously meets the data needs of large enterprises and the usability requirements of internal finance teams.
Stretto, a market-leading provider of depository solutions for fiduciaries, has expanded its treasury and cash-management services to serve a broader range of entities across industries such as real estate, healthcare, utilities, consumer discretionary, industrials, and non-profit organizations. The enhanced services leverage a network of FDIC-insured banks and include white-glove support, competitive rates, and full liquidity.
Centage announced that it has received two 'Top Rated' awards from TrustRadius for 2024, winning in the Corporate Performance Management and Budgeting & Forecasting categories. Based on genuine user reviews, Centage's high score of 9.6 far surpasses the minimum requirement of 7.5, fully reflecting customers' high recognition of its products and services.
The largest antitrust class action settlement in U.S. history—the $5.5 billion payment card settlement—has a claim deadline of February 4, 2025. Any business that accepted Visa or Mastercard credit or debit cards in the United States between January 1, 2004, and January 25, 2019, regardless of size, may be eligible. Claims can be submitted via an online portal or by mail, with the process taking as little as five minutes.
According to the "2024 Yooz Survey: Leaders and the Ledger" released by Yooz, a cloud-based procure-to-pay (P2P) automation provider, only 33% of finance teams can meet executive expectations for strategic contribution. The survey found that finance teams feel frustrated by a lack of recognition and understanding of their daily operational challenges, with 77% of respondents expressing dissatisfaction. Meanwhile, executives and finance teams differ in their perceptions of the primary role of the finance department, but both agree that automation is key to unlocking finance's strategic potential.
Legion Technologies' 2024 Hourly Workforce Report shows that 27% of hourly workers want unionization efforts, and 50% plan to leave, underscoring the urgency for employers to improve the employee experience.
A new report from Web3 Finance Club and Request Finance, based on a survey of nearly 900 web3 finance professionals, shows that web3 finance roles pay significantly more than traditional finance, with CFOs receiving 17% higher packages and accountants up to 128% more. The study also covers remote work prevalence, gender pay disparities, crypto compensation, variable pay, and equity compensation.