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Welocalize announces its achievement of ISO 9001 and ISO 13485 certifications for virtual locations, positioning itself as a pioneer in the language services industry. This certification model replaces traditional physical site audits, validating the effectiveness of cloud-based quality processes and information security systems, providing clients with greater assurance while reducing audit frequency and costs.
Recent research reveals that nearly half of CFOs view talent acquisition and retention as their top concern, while technology investment remains a priority, yet most CFOs admit they would have adopted different technology strategies if they could have foreseen events of the past few years.
On November 10, 2022, Legion Technologies announced a free 60-day pilot of its demand forecasting solution, covering up to 50 stores and 10 demand drivers, aimed at helping businesses optimize labor budgets during uncertain economic times. The solution is based on Legion's 2022 Seasonal Hourly Worker Report, where 87% of managers reported unchanged or increased pressure heading into the upcoming holiday season.
On November 14, 2022, the AICPA and the U.S. Department of Labor announced in Chicago that Liberty Bank, Aon, and HP became the first signatory employers of the "Registered Apprenticeship Program for Finance Business Partners." This program is the nation's first registered apprenticeship initiative targeting the accounting and finance fields, designed to help employers cultivate, retain, and diversify talent. Upon completion, apprentices can earn the CGMA credential and Department of Labor certification.
PowerPlan, Inc. announced on December 7, 2022, the official release of its latest SaaS product, Tax Fixed Assets (TFA), a solution tailored for the utility and energy industries, designed to meet stringent regulatory reporting and business planning needs. TFA offers a modern user experience, streamlined workflows, data validation, and key insights, and supports seamless integration with PowerPlan's asset and project accounting systems.
Mesh Payments announced on December 6, 2022, the expansion of its integration with QuickBooks by Intuit, providing advanced features for growing and mid-market enterprises, including automatic coding of 98% of transactions, multi-entity synchronization, and accelerated monthly closing. The integration will be showcased at the QuickBooks Connect conference held from December 7 to 9 in Las Vegas.
FORVIS announced the launch of TALENT SHIFT on December 15, 2022, a gig talent marketplace for the accounting, tax, and consulting fields, designed to connect professionals with fixed-term project opportunities. TALENT SHIFT is a wholly-owned subsidiary of FORVIS, and its team members enjoy benefits and can participate in the company's internal community. This move comes just six months after FORVIS was formed through the merger of BKD and DHG.
Vestigo Ventures has invested in SaaSWorks, a startup founded by veterans of HubSpot and Goldman Sachs, to help finance teams overcome data fragmentation and achieve a continuous, single source of revenue truth. The $6M seed round was led by Vestigo Ventures with participation from existing investors, including Conversion Venture Capital. SaaSWorks' flagship product, RevWorks, unifies and enriches CRM, billing, and transactional data to deliver audit-quality revenue insights.
The survey report jointly released by GTreasury and PNC Bank shows that 85% of CFOs and treasurers expect significant or moderate company growth from the end of 2022 to 2023, but 49% of respondents rank cost efficiency as their top strategic priority. The report also notes that 58% of companies have not yet established formal digital transformation plans, and 70% of treasury teams manage more than five subsidiaries with teams of no more than five people.
A new survey by Bottomline Technologies, conducted with Industry Dive, reveals that while 90% of CFOs rate their cash visibility as excellent or good, they seek better integration, real-time data access, and cloud adoption to close transparency gaps.