Latest news with #OracleNetSuite
Entrepreneur
2 days ago
- Business
- Entrepreneur
Why Your Finance Team Needs an AI Strategy, Now
Join us for this free webinar and learn how to build an AI-ready finance team. The finance function is evolving fast. Whether it's streamlining close processes or spotting anomalies before they become real problems, artificial intelligence (AI) is no longer just a buzzword. It's a real capability that businesses are expecting finance leaders to adopt. And that expectation extends to the teams they lead. Yet there's one big challenge: most finance departments weren't built for this shift. Talent shortages are already stretching departments thin, and many current employees lack the tools—or the training—to capitalize on what AI has to offer. So how do you build a finance team that's not only prepared for AI but empowered by it? Find out by joining us for our free webinar, Why Your Finance Team Needs an AI Strategy, Now, powered by Oracle NetSuite and Entrepreneur. Dr. Jill Schiefelbein, AI strategist and host of the Humanize Automation podcast, will moderate a conversation with Rebeca Bichachi, CPA and Product Marketing Director for Oracle NetSuite. Together, they'll walk through six specific strategies to build a finance department that's truly future-ready. From reevaluating your hiring criteria to eliminating unfulfilling tasks with smart automation, this session goes beyond theory and offers practical, scalable action steps. Attendees of this webinar will learn: Why "intentional experimentation" is your best on-ramp to AI integration How to expand your talent pool by looking outside traditional finance roles Ways to reskill current team members—without overwhelming them Where to deploy AI tools to free up time for strategic, high-impact work How to spot (and reward) your early adopters and AI champions What today's "ideal candidate" for finance looks like—and why that definition is shifting fast Whether you're a CFO, controller, or finance leader at a growing business, this session will help you align your AI ambitions with your most valuable resource: your people. The Why Your Finance Team Needs an AI Strategy, Now webinar will take place live on Thursday August 28 at 12 p.m. ET | 9 a.m. PT.
United News of India
2 days ago
- Business
- United News of India
Saturo Technologies Participated in the 28th CFO Edition at Radisson Blu, Mumbai
. The prestigious event brought together Chief Financial Officers and finance leaders from various industries to discuss innovation, strategy, and digital transformation in today's dynamic financial environment. The summit served as a key platform for thought leadership, industry dialogue, and peer-to-peer networking among senior finance professionals. Mr. Deepak Singh, Director & CEO of Saturo Technologies, was featured on the speaker panel, where he shared valuable insights on CFO as a Guardian of Corporate Integrity Strengthening Governance and Compliance in India's Regulatory Landscape Drawing from his extensive experience in implementing platforms like Oracle NetSuite, Salesforce, and BillMade POS, Mr. Singh provided practical perspectives on how CFOs can embrace digital tools to enhance financial decision-making. 'We were honored to contribute to this important conversation,' said Mr. Singh. 'As CFOs face increasing pressure to drive innovation and ensure compliance, cloud technologies offer the flexibility and intelligence needed to stay ahead.' Saturo Technologies' presence at the event reinforced its commitment to enabling finance leaders with modern, scalable solutions that support long-term growth and agility.
Time Business News
17-06-2025
- Business
- Time Business News
Essential Types of Application Software for Modern Businesses
In today's fast-paced digital landscape, software is the engine behind business productivity, customer engagement, and data management. While most people are familiar with general applications like Microsoft Word or Google Chrome, understanding the different types of application software is crucial for businesses aiming to stay competitive and efficient. This guide breaks down the essential categories of application software, helping you choose the right tools for your operations and growth. Application software refers to programs designed to perform specific tasks for users—whether it's drafting emails, managing databases, creating graphics, or running financial reports. Unlike system software (like operating systems), application software serves the end-user directly. Businesses rely on application software to: Automate routine tasks Improve collaboration and communication Enhance customer service Manage data efficiently Make informed decisions based on analytics Understanding which type of software suits which task can save time, cut costs, and boost productivity. Here are the most commonly used types of application software categorized by functionality and use-case: Purpose: Creating, editing, formatting text documents Examples: Microsoft Word, Google Docs, WPS Office Businesses use word processors for internal documentation, contracts, proposals, reports, and more. Purpose: Organizing data, performing calculations, and generating financial models Examples: Microsoft Excel, Google Sheets, Zoho Sheet Essential for accounting, budgeting, forecasting, and managing large datasets. Purpose: Designing slide decks for meetings, webinars, and product demos Examples: Microsoft PowerPoint, Google Slides, Prezi Helps businesses communicate ideas visually and effectively. Purpose: Creating and managing structured data storage Examples: MySQL, Microsoft Access, Oracle Database Crucial for managing customer records, product inventories, and employee information. Purpose: Integrating various business functions—HR, finance, inventory, procurement Examples: SAP, Oracle NetSuite, Odoo Streamlines operations and improves decision-making through centralized data. Purpose: Managing customer data, sales pipelines, and marketing campaigns Examples: Salesforce, HubSpot, Zoho CRM Helps nurture leads, improve customer service, and boost sales efficiency. Purpose: Planning, tracking, and executing projects collaboratively Examples: Asana, Trello, Jira Ideal for agile teams and businesses with multiple ongoing projects. Purpose: Managing billing, payroll, taxes, and financial reporting Examples: QuickBooks, Xero, FreshBooks Essential for maintaining compliance and financial accuracy. Purpose: Designing visuals, editing images or videos, creating animations Examples: Adobe Photoshop, Canva, Final Cut Pro Used by marketing teams, content creators, and designers to enhance branding and communication. Purpose: Accessing web applications and online services Examples: Google Chrome, Mozilla Firefox, Safari A gateway to SaaS platforms, online tools, and information sources. Purpose: Facilitating internal and external communication Examples: Slack, Zoom, Microsoft Teams, Google Meet Supports remote work, team collaboration, and virtual meetings. Purpose: Managing email communications Examples: Microsoft Outlook, Mozilla Thunderbird, Gmail A core part of business communication and customer support workflows. Purpose: Delivering training programs, courses, or certifications Examples: Moodle, Coursera for Business, TalentLMS Used for employee onboarding, upskilling, and corporate training. Purpose: Tailored to meet specific business needs (e.g., inventory control, field service, logistics) Examples: Custom CRM, ERP, POS, or warehouse management systems developed by IT firms This type of software is often built from scratch to address unique business challenges and workflows. When selecting application software for your business, consider the following: Scalability: Can it grow with your business? Can it grow with your business? Integration: Does it work with your existing tools? Does it work with your existing tools? User Experience: Is it easy for your team to adopt? Is it easy for your team to adopt? Cost Efficiency: Does it fit your budget over the long term? Does it fit your budget over the long term? Security: Does it comply with your data protection policies? Application software is the backbone of modern business operations. From streamlining workflows to improving customer satisfaction, the right tools can be a game-changer. Whether you're a startup or a growing enterprise, understanding the types of application software available—and how to use them—empowers you to make smarter, faster decisions. If you're unsure which tools suit your business, consulting a custom software development partner like Infowind Technologies can help you assess needs, implement the right solutions, or even build tailor-made applications from scratch. Infowind Technologies specializes in web, mobile, and enterprise software development tailored to your industry needs. Contact us to explore how we can boost your business with smart, scalable solutions. TIME BUSINESS NEWS
Time Business News
13-06-2025
- Business
- Time Business News
The Future of Business Finance: Trends, Tools, and Transformation
Business finance is undergoing a profound transformation. Once reliant on spreadsheets, ledgers, and in-person banking, modern financial management has embraced cloud computing, AI-driven analytics, digital currencies, and decentralized platforms. As businesses strive to stay competitive in a rapidly changing global economy, the tools and trends shaping finance are evolving at an unprecedented speed. This article explores the future of business finance by examining emerging trends, innovative tools, and the transformational shifts that are redefining how businesses operate and grow. Traditionally, business finance focused on managing capital, cash flow, investments, and risk. It was often siloed within accounting departments and disconnected from strategic decision-making. However, over the past decade, the role of finance has evolved into a more dynamic, technology-driven function central to corporate strategy. Today, financial leaders are expected to deliver real-time insights, align financial planning with long-term goals, and help navigate digital transformation. This shift is primarily powered by enterprise resource planning innovations and a growing recognition that finance is not just about numbers; it's about driving value. One of the most significant trends is the digitization of financial operations. Cloud-based financial software allows businesses to access data in real-time, automate processes, and improve collaboration across departments. Platforms like QuickBooks, Xero, and Oracle NetSuite offer integrated financial management systems for small and large enterprises alike. Cloud finance tools also reduce operational costs, improve data security, and enable remote financial oversight, benefits that became especially crucial during the COVID-19 pandemic. As businesses continue to decentralize and adopt hybrid work models, monitoring financial health digitally will remain essential. Artificial intelligence (AI) and automation are revolutionizing finance. Tools that once required manual data entry and analysis can now process invoices, track expenses, reconcile accounts, and generate financial reports automatically. Robotic process automation (RPA) is being used to streamline repetitive tasks, freeing up finance teams to focus on strategy and analysis. AI also enhances forecasting and budgeting by identifying patterns in financial data, predicting cash flow fluctuations, and providing scenario-based planning models. This level of precision and insight gives businesses a competitive edge in volatile markets. Fintech is no longer a niche; it's a mainstream driver of financial innovation. From peer-to-peer lending and digital banking to blockchain and crypto, fintech has introduced new ways for businesses to access capital, manage payments, and engage with customers. Small businesses, in particular, are benefiting from fintech platforms that provide faster loan approvals, lower fees, and simplified processes. Companies like Stripe, Square, and Revolut are redefining how businesses handle transactions and financial operations. Decentralized finance, or DeFi, is an emerging sector built on blockchain technology that allows businesses to perform financial transactions without traditional intermediaries. Through smart contracts and decentralized applications, companies can borrow, lend, and invest crypto assets securely and transparently. While still evolving and somewhat speculative, DeFi presents the potential to disrupt conventional finance, especially in areas where access to banking is limited. More businesses are exploring how digital assets like cryptocurrencies and tokenized assets can diversify their financial strategies and tap into new capital markets. Environmental, Social, and Governance (ESG) factors are becoming central to financial planning. Investors and stakeholders increasingly demand transparency on sustainability practices and ethical operations. Finance departments now play a key role in measuring ESG performance, allocating funds toward sustainable projects, and reporting on non-financial metrics. Sustainable finance tools help businesses align with regulatory standards, manage climate risk, and access ESG-linked financing options. This trend is not only good for the planet—it's good for business, as ESG-aligned companies often outperform their peers in long-term profitability. As the landscape of business finance evolves, a wide array of tools is emerging to support innovation and efficiency: Cloud ERP Systems : These integrate core business functions, including finance, HR, and supply chain, offering a single source of truth. : These integrate core business functions, including finance, HR, and supply chain, offering a single source of truth. AI-Powered Analytics : Tools like Microsoft Power BI and Tableau turn raw financial data into actionable insights. : Tools like Microsoft Power BI and Tableau turn raw financial data into actionable insights. Digital Payment Platforms : Services like PayPal, Stripe, and Square offer flexible, secure payment processing and are integrated with POS systems. : Services like PayPal, Stripe, and Square offer flexible, secure payment processing and are integrated with POS systems. Cryptocurrency Wallets and Exchanges : Tools like Coinbase and MetaMask allow businesses to hold and transact in digital currencies. : Tools like Coinbase and MetaMask allow businesses to hold and transact in digital currencies. Budgeting and Forecasting Software: Programs like Planful, Anaplan, and Float help businesses plan for future scenarios with data-driven precision. These tools not only increase efficiency but also provide agility, an essential asset in today's uncertain economic environment. The shift in finance isn't just about technology; it's also about people. As financial tools become more advanced, the skills required to manage them are changing. Financial professionals are expected to be tech-savvy, strategic, and data-literate. Finance teams are now partnering closely with IT, marketing, and operations to drive business goals. The role of the CFO is transforming from number cruncher to innovation leader—someone who bridges the gap between financial health and long-term strategy. Upskilling and reskilling will be critical. Businesses are investing in training programs that focus on data analytics, financial modeling, and digital literacy to ensure their finance teams are future-ready. While the future of business finance is promising, it also comes with challenges: Cybersecurity Risks : As more financial data moves online, the risk of cyberattacks increases. Businesses must invest in cybersecurity tools and protocols. : As more financial data moves online, the risk of cyberattacks increases. Businesses must invest in cybersecurity tools and protocols. Regulatory Compliance : New financial technologies bring regulatory uncertainty. Businesses need to stay informed on tax rules, data privacy laws, and financial reporting standards. : New financial technologies bring regulatory uncertainty. Businesses need to stay informed on tax rules, data privacy laws, and financial reporting standards. Integration Complexity : Implementing new tools can be disruptive. Integrating them with legacy systems requires time, planning, and technical expertise. : Implementing new tools can be disruptive. Integrating them with legacy systems requires time, planning, and technical expertise. Data Overload: With so much data available, businesses may struggle to extract meaningful insights without the right tools and talent. Despite these challenges, businesses that invest wisely in financial transformation will be better equipped to navigate disruption and seize new opportunities. The future of business finance is not just digital; it's intelligent, agile, and inclusive. From AI and blockchain to ESG and real-time analytics, the tools and trends shaping finance are driving a shift in how businesses think about money, value, and growth. Finance is no longer a back-office function. It is now a strategic enabler of innovation and resilience. Businesses that embrace these changes by adopting the right tools, developing new skills, and prioritizing compliance and sustainability will lead the next generation of growth in a fast-moving, tech-powered world. TIME BUSINESS NEWS
Cision Canada
03-06-2025
- Business
- Cision Canada
FISPAN Raises $30M Series B to Accelerate Embedded Banking Innovation for Mid-Market Businesses
Canapi Ventures leads investment round to accelerate FISPAN's growth VANCOUVER, BC, June 3, 2025 /CNW/ - FISPAN, the industry leader in embedded ERP banking solutions, announced today that it has closed $30 million USD in Series B funding led by fintech and enterprise software investment firm Canapi Ventures. This new capital will accelerate FISPAN's mission of seamlessly integrating banking services directly into businesses' enterprise resource planning (ERP) systems and accounting software. Bridging the Gap Between Banks and Businesses For many years banks have invested in host-to-host and API platforms, enabling large enterprises to reap the productivity benefits of connecting to their financial institutions directly. FISPAN packages those connectivity capabilities and enables banks to distribute their treasury products to mid-market and smaller businesses via an easy to install, out-of-the-box, in-ERP plugin. Trusted by the world's largest banks and nearly 5,000 businesses across North America, FISPAN enables banks to deliver modern, integrated client experiences by embedding key financial and banking capabilities directly into their existing ERP system or accounting software. For businesses, this means: Centralized Financial Workflows: Integrating financial transactions and operational workflows into a single system, eliminating inefficiencies and disconnected processes Automated Processes: Built-in automation streamlines routine tasks like payment initiation and approval processes – saving time and lowering costs Fewer Manual Errors: Direct ERP integrations minimize manual uploads and data entry, improving accuracy and minimizing operational risk Through seamless API integration with systems like Oracle NetSuite, Sage Intacct, and Microsoft Dynamics 365 Business Central, banks can offer contextual solutions that streamline payables, cash management, and reconciliation. "This Series B funding is a pivotal moment for FISPAN, empowering us to significantly scale our innovation and market reach," said Lisa Shields, CEO & Founder at FISPAN. "Canapi quickly distinguished themselves through their understanding of the embedded ERP banking landscape and our unique opportunity within it. With an LP network of over 75 financial institutions—and partners with banktech operating expertise — Canapi is a natural partner for our next chapter. We're excited to work with Canapi to help more treasury teams optimize their operations." Driving the Next Phase of FISPAN's Expansion In conjunction with the investment, Tom Davis from Canapi Ventures will join FISPAN's board of directors. This new capital will fuel several key growth opportunities: Accelerated Product Development: Deepen AI capabilities, expand ERP and accounting system integrations, and enhance platform capabilities to support full-stack treasury solutions Expanded Market Reach: Scale go-to-market efforts in key regions and significantly grow banking and channel partner networks Strategic Talent Acquisition: Expand FISPAN's world-class team with top-tier talent to accelerate product leadership and customer experience "FISPAN is at the forefront of a fundamental shift in how businesses interact with their banks," said Tom Davis, General Partner at Canapi. "Their proven ability to deliver highly sought-after embedded finance solutions positions them for tremendous growth. Our investment reflects our confidence in their visionary team and their capacity to build a leading platform that drives efficiency and value for both financial institutions and their corporate clients." About FISPAN FISPAN is a leading fintech company that seamlessly integrates banks with their clients' enterprise resource planning (ERP) and accounting systems. Founded in 2016, FISPAN provides innovative ERP banking solutions that eliminate the complexities and frustrations of traditional banking services. By embedding banking services directly into ERP and accounting software, FISPAN streamlines financial workflows, reduces costs, minimizes manual errors, and enhances efficiency for businesses of all sizes. For more information, head to the United States – Canapi brings unmatched sector experience and best-in-class knowledge, connections, and credibility to founders. For more information, visit
