Latest news
Eide Bailly, a national CPA and business advisory firm, announced that its financial services arm, Eide Bailly Financial Services, has been renamed Eide Bailly Wealth as of August 1, 2023. The rebranding reflects a deepened commitment to fiduciary wealth management, with the firm exiting its broker-dealer relationship to operate solely as a registered investment advisor (RIA).
Bergmeyer has announced the appointment of Chris McCourt as Chief Financial Officer, effective immediately. McCourt, who previously served as CFO of Digilant, Inc., will oversee all core financial functions and contribute to the firm's strategic leadership team.
Centime announced its latest NPS® survey results on September 28, 2023, achieving a score of 54, reaching the industry's best level. This score stands out in AP, AR, and cash flow forecasting technology, reflecting the company's customer-centric service philosophy. CEO BC Krishna and client JobGet's Financial Director Patrick Maguire both highly praised Centime's services.
Andersen, a software firm with over 480 engineers and a 4.9/5 Clutch rating, has successfully executed an eight-month testing project for a web trader in the international currency market. The project, aimed at enhancing online trading services, resulted in a 48% improvement in release quality, reduced defects, and optimized performance through load testing and automation.
Allianz Trade released a new report in North America, based on a survey of 150 financial executives, revealing the current state of credit management among B2B companies in an uncertain economic environment. The report shows that 60% of CFOs expect a recession in the next 6-12 months, 64% are worried about customer bankruptcies, but the usage rate of trade credit insurance is only 37%.
On October 10, 2023, GAINS announced that Amber Salley, former Senior Research Director of Gartner's Supply Chain Practice, has joined the company as Vice President of Industry Solutions. She will leverage the GAINS Performance Optimization Platform to help enterprises enhance supply chain resilience, decision orientation, and performance.
Data from ON Partners indicates that the CFO role has shown notable growth in both diverse hiring and compensation, reflecting the increasingly central position of this role in corporate management.
Expion Health and Mark Cuban Cost Plus Drug Company, PBC announced an innovative partnership on November 27, 2023, aimed at enhancing pharmacy cost management capabilities by integrating Cost Plus Drugs' transparent pricing model to tackle the ongoing increase in specialty drug expenses.
On December 5, 2023, energyRe announced the completion of a $1.2 billion capital raise to support the expansion of its portfolio of large-scale renewable energy projects. Investors include Glentra Capital, Novo Holdings, and Danish pension fund PKA, and an agreement was reached with Elia Group, which will acquire an equity stake in energyRe's subsidiary energyRe Giga.
On December 6, 2023, CorroHealth released PULSE, a medical coding automation SaaS product based on large language models and deep learning, claiming to achieve 100% automation, 97% coding accuracy, and a 5 to 7-fold increase in productivity.