logo
Kanverse.ai Deepens Oracle Partnership with Launch on Oracle Cloud Marketplace

Kanverse.ai Deepens Oracle Partnership with Launch on Oracle Cloud Marketplace

National Post12 hours ago
Article content
Proven AI-Powered AP Invoice Automation Solution Now Available for Oracle Fusion, E-Business Suite, and Oracle Cloud Customers
Article content
SAN JOSE, Calif. — Kanverse.ai, a leading provider of AI-powered Accounts Payable (AP) Invoice Automation and Intelligent Document Processing (IDP), today announced its official listing on Oracle Cloud Marketplace, further strengthening its partnership with Oracle.
Article content
Article content
For years, Kanverse.ai has successfully delivered significant value to customers across Oracle Fusion Cloud ERP, Oracle E-Business Suite (EBS), NetSuite, and hybrid ERP environments. By joining Oracle Cloud Marketplace, Kanverse.ai makes its proven AI-driven solution readily accessible to Oracle Cloud customers aiming to automate AP processes, significantly reduce costs, and enhance efficiency.
Article content
'Recognition of Kanverse on Oracle Cloud Marketplace marks a significant milestone in our mission to bring transformative AI automation to finance leaders worldwide,'
Article content
said
Article content
Karan Yaramada
Article content
, CEO of Kanverse.ai.
Article content
'By deepening our partnership with Oracle, we're making it easier than ever for enterprises to harness the power of AI to eliminate manual processes, reduce costs, and scale with confidence.'
Article content
Kanverse.ai's solution seamlessly integrates with Oracle ERP systems, eliminating manual data entry, automating invoice processing, and reducing cycle times by up to 80%. Leveraging advanced AI, it accurately handles diverse invoice formats, performs intelligent PO matching, and ensures compliance with built-in validations and audit trails.
Article content
As enterprises continue accelerating their cloud transformations, Kanverse.ai remains committed to empowering Oracle customers with scalable automation solutions that deliver immediate operational impact.
Article content
To explore Kanverse.ai's solution on Oracle Cloud Marketplace, visit: Oracle Cloud Marketplace – Kanverse.ai Kanverse.ai has also joined the Oracle Applications & Technology Users Group (OATUG), reinforcing its dedication to engaging with the Oracle community and continuously aligning with customer needs.
Article content
About Kanverse.ai
Article content
Kanverse.ai delivers next-generation AI-powered automation for Accounts Payable and Intelligent Document Processing. Its AI Agent framework combines advanced machine learning, business rule engines, and seamless ERP integrations to help enterprises eliminate manual document processing, reduce costs, and drive end-to-end business process transformation. Kanverse.ai integrates with leading ERP platforms, including Oracle Fusion Cloud ERP, Oracle E-Business Suite (EBS), NetSuite, SAP, Microsoft Dynamics, and others.
Article content
Article content
Article content
Contacts
Article content
Media Contact:
Article content
Article content
Article content
Article content
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gray Announces Upsizing and Pricing of $900 Million of 9.625% Senior Secured Second Lien Notes due 2032
Gray Announces Upsizing and Pricing of $900 Million of 9.625% Senior Secured Second Lien Notes due 2032

Globe and Mail

time14 minutes ago

  • Globe and Mail

Gray Announces Upsizing and Pricing of $900 Million of 9.625% Senior Secured Second Lien Notes due 2032

ATLANTA, July 08, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. ('Gray') (NYSE: GTN) announced today the pricing of its previously announced private offering of $900 million aggregate principal amount of 9.625% senior secured second lien notes due 2032 (the 'Notes'). This represents an increase of $150 million over the amount previously announced. The Notes were priced at 100% of par. The offering of the Notes is expected to close on July 18, 2025, subject to customary closing conditions. The Notes are being offered, together with borrowings under Gray's revolving credit facility, to (i) redeem all of Gray's outstanding 7.000% senior notes due 2027 (the '2027 Notes'), (ii) repay a portion of Gray's term loan F due June 4, 2029, and (iii) pay fees and expenses in connection with the offering. The Notes will be guaranteed, jointly and severally, on a senior secured second lien basis, by each existing and future restricted subsidiary of Gray that guarantees Gray's existing senior credit facility. The Notes and related guarantees will be offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended (the 'Securities Act'), and to non-U.S. persons in transactions outside the United States under Regulation S of the Securities Act. The Notes have not been, and will not be, registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws. This press release does not constitute a notice of redemption with respect to the 2027 Notes or an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This notice is being issued pursuant to and in accordance with Rule 135c under the Securities Act. Forward-Looking Statements: This press release contains certain forward-looking statements that are based largely on Gray's current expectations and reflect various estimates and assumptions by Gray. These statements are statements other than those of historical fact and may be identified by words such as 'estimates,' 'expect,' 'anticipate,' 'will,' 'implied,' 'intend,' 'assume' and similar expressions. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results and achievements to differ materially from those expressed in such forward-looking statements. Such risks, trends and uncertainties, which in some instances are beyond Gray's control, include Gray's ability to consummate the offering of notes, the senior credit facility refinancing or the redemption; the intended use of proceeds of the offering and the senior credit facility refinancing; and other future events. Gray is subject to additional risks and uncertainties described in Gray's quarterly and annual reports filed with the Securities and Exchange Commission from time to time, including in the 'Risk Factors,' and management's discussion and analysis of financial condition and results of operations sections contained therein, which reports are made publicly available via its website, Any forward-looking statements in this communication should be evaluated in light of these important risk factors. This press release reflects management's views as of the date hereof. Except to the extent required by applicable law, Gray undertakes no obligation to update or revise any information contained in this communication beyond the date hereof, whether as a result of new information, future events or otherwise. Gray Contacts: Jeffrey R. Gignac, Executive Vice President and Chief Financial Officer, 404-504-9828 Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, 404-266-8333 # # #

The Boulder Group announced the release of its 2nd Quarter Net Lease Research Report
The Boulder Group announced the release of its 2nd Quarter Net Lease Research Report

Globe and Mail

timean hour ago

  • Globe and Mail

The Boulder Group announced the release of its 2nd Quarter Net Lease Research Report

Cap Rates in Single Tenant Net Lease Stabilize Following 3 Years of Cap Rate Expansion The Boulder Group announced the release of its 2nd Quarter Net Lease Research Report today. The report features a comprehensive format with specific net lease sector information. Cap rates in the single tenant net lease sector experienced minimal changes in the second quarter of 2025, with overall cap rates increasing just one basis point to 6.79%. Retail cap rates edged up slightly to 6.57% (+1 bp), while office cap rates increased to 7.85% (+5 bps). Industrial cap rates remained unchanged at 7.23% for the second consecutive quarter. 'This modest increase in cap rates illustrates a change from the more pronounced upward trajectory experienced from 2022 to 2024,' says Randy Blankstein, President, The Boulder Group. 'This suggests the market may be stabilizing after three years of consistent cap rate increases.' The plateauing of cap rates can be best attributed to the combination of the Federal Reserve holding rates steady in 2025, investor adjustment to the current interest rate environment and market stabilization following three years of cap rate expansion. 'Transaction activity in the second quarter demonstrated a pronounced flight to credit quality, with premium tenants commanding cap rates lower than the market averages,' adds Jimmy Goodman, Partner, The Boulder Group. High-credit retailers like 7-Eleven, Chase Bank and Wawa commanded sub-6% cap rates, while tenants with ongoing corporate challenges such as Walgreens traded at cap rates in excess of 7%. This bifurcation reflects investors' heightened focus on tenant financial strength amid economic uncertainty. Further proof of this concept is the QSR sector, where corporate QSR brands continued to attract aggressive pricing, with Chick-fil-A and McDonald's maintaining their position as the most aggressively priced assets in net lease at 4.45% and 4.38% cap rates respectively. 'The net lease market continues to show signs of stabilization after three years of cap rate increases, with the second quarter marking a notable change in pricing momentum,' John Feeney, Senior Vice President, The Boulder Group adds. While transaction volume remains below historical peaks, particularly in the 1031 exchange space, the narrowing bid-ask spreads and continued institutional participation suggest improved market liquidity. Investors are closely monitoring Federal Reserve policy signals and broader capital market conditions as they evaluate acquisition opportunities. With cap rate movements moderating and supply-demand dynamics showing greater balance, net lease activity is expected to gain momentum through the remainder of 2025. Pricing and transaction volumes will likely remain well below the peak market conditions experienced in prior years. To view the full report: About The Boulder Group The Boulder Group is a boutique, Chicago-based investment real estate services firm specializing in transaction and advisory services for single tenant net lease properties. Founded in 1997, the firm has closed over $9 billion of net lease property transactions. The firm provides a full range of brokerage, research, advisory, and financing services nationwide. The level of annual, single-tenant transaction volume consistently ranks the firm in the top 10 companies nationally, according to industry benchmarks determined by CoStar and Real Capital Analytics. Media Contact Company Name: The Boulder Group Contact Person: Randy Blankstein Email: Send Email Phone: 8478816388 Address: 3520 Lake Avenue Suite 203 City: Wilmette State: Illinois Country: United States Website:

Prologis vs. Union Pacific: Which Supply Chain Giant Has More Room to Run?
Prologis vs. Union Pacific: Which Supply Chain Giant Has More Room to Run?

Globe and Mail

timean hour ago

  • Globe and Mail

Prologis vs. Union Pacific: Which Supply Chain Giant Has More Room to Run?

Key Points Prologis and Union Pacific have had recent price setbacks, creating buy opportunities for long-term investors. Both companies benefit from a growing commerce industry, but the growth isn't symmetrical. Prologis offers immense growth via new warehouse builds, giving it an edge over Union Pacific's legacy rails. 10 stocks we like better than Union Pacific › Prologis and Union Pacific power the arteries of commerce. Prologis (NYSE: PLD) owns and leases the warehouses and distribution centers that keep e-commerce humming, while Union Pacific (NYSE: UNP) operates the rails that haul those goods across the U.S. heartland. Both benefit from long-term shifts like e-commerce growth, manufacturing revival, and infrastructure reinvestment. But for investors looking for a blend of income and long-term tailwinds, Prologis may offer the stronger case. Here's why. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Prologis: real estate on a roll Prologis is a behemoth of a real estate investment trust (REIT). To give you an idea of its scale: The $2.7 trillion in goods that flow through its properties each year would make Prologis the eighth-largest economy in the world, and its warehouse footprint (1.3 billion square feet ) is enough to cover the equivalent of two Manhattans. By contrast, STAG Industrial – a notable peer – owns just 117.6 million square feet. Many of Prologis' warehouses sit in the right places: near major metro areas, close to highways, ports, dense population centers. These locations are ideal for same- and next-day delivery, which is why many blue-chip giants -- like Amazon, Home Depot, and FedEx -- have lease agreements with it. A look at Prologis' most recent earnings underscores the powerful moat the company is digging. In Q1 2025, it signed 58 million square feet of new leases (up from 48 million in Q1 2024) and broke ground on $650 million in new developments (up from $273 million last year). About 78% of these were build-to-suits, meaning the leases were pre-signed before construction even began. That's well above the industry's 25% build-to-suit average, according to JLL . This sharply lowers the risk of vacancy, which matters when a single large 500,000-square-foot warehouse can cost about $40 million to build. New lease expansion is matched by growth in the actual cash generated from its core operations as measured through funds from operations (FFO), which rose 10.9% in Q1 . That bump came from strong tenant retention and rising rents. Those same dynamics pushed net operating income up 6.2 %, which shows that Prologis is extracting more value from every square foot it owns. These are strong results for any REIT -- and even more impressive at this scale. As the chart below shows, Prologis' operating revenue is several times higher than even its closest peers. To underscore the opportunity, just follow the numbers. E-commerce currently makes up about 24% of U.S. retail sales (excluding autos and gas) and is set to climb past 30% by 2030 . Each percentage point increase will demand roughly 60 to 70 million square feet of new warehouse space -- more than 18% of Prologis' existing U.S. footprint. That's a lot of new space, but here's where it gets interesting: Prologis already owns enough undeveloped land to underwrite $41.2 billion of future warehouse builds. When demand justifies new ground-up constructions, then, management can tap into this immense war chest. With that, Prologis has everything in place -- the land, the leases, the balance sheet -- to be the infrastructure backbone of online retail. Union Pacific: the steady iron horse Like Prologis, Union Pacific is a logistics giant. Instead of warehouses, however, its real estate is 32,693 miles of track, and instead of rent checks, it makes money hauling freight, like coal, grain, and cars. Both companies would profit from an e-commerce boom, yet when it comes to growth, Union Pacific doesn't have nearly as much upside. Part of the reason is the inherent constraints of Union Pacific's railroad business. Unlike Prologis, which can buy land in untapped markets, Union Pacific spends most of its capital keeping existing tracks in shape instead of the costly slog of laying new rails. Rather than expanding its footprint, Union Pacific must drive growth through efficiency, like sharper pricing power and squeezing additional volume from its existing network. Which, to be sure, is what Union Pacific is doing. Under CEO Jim Vena, who took the reins in August 2023, Union Pacific has tightened operations, broadened margins, and delivered goods with precision. In its latest quarter, a rebound in intermodal and bulk cargo -- paired with solid pricing discipline and tight cost controls -- helped Union Pacific keep its efficiency steady, boost carload revenue by 7%, and crank out $2.2 billion in cash. Unlike Prologis, however, Union Pacific's growth is tied to broad freight cycles and a network nearing capacity. This leaves it with fewer levers for major long-term upside despite operational excellence. That said, Union Pacific does have an attractive price right now. Tariff news has mostly spooked investors, even as the company's fundamentals remains solid. Granted, tariffs could dent Union Pacific's revenue, yet the company's no spring chicken. In its 163-year history, it has weathered two World Wars, a Great Depression, and every market storm in between. For value seekers, then, this sell-off could present a rare chance to grab a proven workhorse at a discount before the market realizes the engine is still humming strong. So, which is the better buy? Both companies sit at the heart of American's logistics grid, yet Prologis holds the edge. Not only is it adding warehouse space today, but it owns the land to fuel e-commerce's next big boom. It also throws off an attractive 3.8% dividend – eclipsing Union Pacific's 2.4% -- so you're getting yield and upside in one package. For investors hunting both dividend and growth, then, Prologis fits the bill. Should you invest $1,000 in Union Pacific right now? Before you buy stock in Union Pacific, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Union Pacific wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $695,481!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $969,935!* Now, it's worth noting Stock Advisor 's total average return is1,053% — a market-crushing outperformance compared to179%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Steven Porrello has no position in any of the stocks mentioned. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. The Motley Fool has positions in and recommends Amazon, FedEx, Home Depot, Prologis, and Union Pacific. The Motley Fool recommends the following options: long January 2026 $90 calls on Prologis. The Motley Fool has a disclosure policy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store