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Retail continues to migrate toward eCommerce, but warehouse space is not designed to keep up with the increasing pace of online orders. The average age of a warehouse in the U.S. is more than 30 years old, and many lack modern features, CNBC reported. CBRE has found that most warehouses constructed prior to 2005 had low ceilings, tight space and uneven flooring — issues that are not easy to fix through a renovation.
Sample Chart of Accounts for SaaS I’ve received quite a few requests about a sample chart of accounts for SaaS, so let’s address a super critical component of your accounting. Not a “fun” topic per se, but you need to understand the concept behind your chart of accounts and implement the correct structure if you […]. The post Sample Chart of Accounts in SaaS appeared first on The SaaS CFO.
For sales managers, planning for the future can feel quite different from stomping out fires in the present. The future’s a rosy dream world, where pipelines are always full, reps always meet their targets, and business strategies never change. The present? A molten ball of chaos, requiring immediate attention, all the time.Mostly, we separate sales. read more ?.
Companies recognize the need for IoT security, but few are acting on those concerns. According to a recent survey, 97 percent of respondents said an attack on unsecured devices would be devastating to their organizations. However, less than a third are actually vigilant about monitoring for third-party related risks. Despite the security risks, the popularity of IoT seems unlikely to abate.
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
In many businesses, acquiring customers used to be a function of where the business was located — a high traffic intersection for a convenience store or a well-heeled mall for a clothing retailer. Technology, of course, changed all that. It’s also made the offering of subscription services a robust channel for a business to operate in. By one measure , subscription company websites have seen visitor growth of over 800 percent since 2014.
Foursquare is offering small businesses (SMBs) and startups access to its geolocation API, according to VentureBeat reports on Friday (April 13). The company already offers location identification services to companies like Snapchat and Uber, enabling geolocation within their own platforms. Now, Foursquare is extending this service to SMBs via its Places API for Startups.
Foursquare is offering small businesses (SMBs) and startups access to its geolocation API, according to VentureBeat reports on Friday (April 13). The company already offers location identification services to companies like Snapchat and Uber, enabling geolocation within their own platforms. Now, Foursquare is extending this service to SMBs via its Places API for Startups.
Benjamin Franklin is best remembered as a signer of the Declaration of Independence in 1776 and a prolific inventor who created the lightning rod after flying a kite with a key on it in a thunderstorm. A little known fact, perhaps, is that Franklin is credited with inventing two things that almost every person has used — or will — at some point in their lifetime: swimming fins and bifocals.
Change sometimes comes to technology at the speed of light. Literally. In news that bowed from the Moscow Institute of Physics and Technology in March, strides are being made in developing a high-speed quantum internet. The developments in Moscow come even as companies are racing to develop quantum computers. Those machines would be fast enough, should they fall into nefarious hands, to shatter today’s hardiest encryption codes.
The blockchain is making inroads into healthcare. Earlier this week, five healthcare firms operating across the U.S. insurance landscape said they’re launching a pilot program that will help boost the management of healthcare provider data. The five organizations include insurers Humana , UnitedHealthcare , Quest Diagnostics , Optum and MultiPlan. (Optum and UnitedHealthcare are part of UnitedHealth Group).
To give cryptocurrency startups and their founders a boost, Coinbase has started a new incubator fund called Coinbase Ventures. While the popular cryptocurrency exchange expects the fund’s profits to be small compared to those of its overall business, the fund already has $15 million and is expected to grow, CNBC reported. “We’re going to invest off our balance sheet into crypto-companies,” Coinbase President and Chief Operating Officer Asiff Hirji told CNBC.
In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
Small business (SMB) banking is in need of an overhaul. Between the threat of FinTechs and small business owners’ increasing willingness to switch banking providers, financial institutions are waking up to the demand for better SMB services. But an increased focus on innovation means the path to understanding what actually constitutes “better” is unclear.
Ripple has announced that five new customers across Europe and Asia will use xVia to power payments over RippleNet, its blockchain network. The companies partnering with Ripple are FairFX (U.K.), RationalFX (U.K.), Exchange4Free (U.K.), UniPAY (Georgia), and MoneyMatch (Malaysia). xVia is an API solution enabling payment originators (those sending a payment on behalf of a customer, but not actually processing and paying it out) to access RippleNet.
Much has been written about buying bitcoin in specific, and cryptocurrency in general. Whether it’s investing or gambling, whether it’s a good idea or immoral – no ink has been spared in uncovering every angle on cryptocurrency and what its purchase and sale will mean for the future of money. With one, curious exception, as Ben, Inc. co-founder and CEO Miguel Kudry noted in an interview with PYMNTS.
Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens. It’s not only for consumers, though: Alternative lending firm Kabbage recently found that mobile lending is on the rise among small businesses, with a more than 360 percent increase in the number of SMB loans accessed via mobile device betwee
Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.
Another data issue for Facebook: The company announced that “malicious actors” were able to use search tools to discover the identities and collect information on most of its 2 billion users worldwide. The news came on the same day that the social media site admitted that data improperly shared with Cambridge Analytica could be much higher than the originally estimated 50 million users.
Financial services players, both big and small, are embracing APIs in a major way — as they should. From solutions designed to increase the use of new technologies like the blockchain , to those aimed at giving consumers a more personalized set of products and services, APIs are being used to unlock all kinds of new capabilities. And now, around the industry, banks, financial managers and other players are seemingly embracing the age of APIs.
Brick-and-mortar retail has spent the last decade building bridges to the digital world so a new generation of digital consumers can move fluidly between them. What’s been largely left behind, however, is a payments experience that moves just as seamlessly between those worlds. There have been many attempts to bridge the gap, but consumers haven’t really taken the bait.
Get ready for a shift in the meal kit landscape, according to Chef’d CEO Kyle Ransford. In the latest Topic TBD with PYMNTS’ Karen Webster, which explored the preparation and delivery of food rendered as a service, Ransford predicted that “I think the subscription meal kit as it’s been known will be vastly diminished in the next two years. It won’t be something that you hear a lot of or get marketed to a lot.
Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.
It’s fair to say we live in the future. A vast majority of Americans carry a super-computer in their pockets that can be used as a GPS navigator, a payment method, a source of entertainment and a shopping mall. Oh, and you can also use it to make phone calls. Beyond our casual use of technology (that would have seemed like pure science fiction in the 1950s and sorcery in the 1850s), we also have washing machines that order their own detergent, refrigerators that suggest recipes and vacuum cleane
Ripple , the blockchain company, announced news on Wednesday (April 11) that it has invested $25 million of its XRP cryptocurrency in Blockchain Capital’s $150 million fund Blockchain Capital Parallel IV. In a press release, Ripple said Blockchain Capital is the first fund focused solely on the blockchain space and is also the first to accept capital calls in cryptocurrency.
The initial inner workings of a price comparison tool called Basket began when Neil Kataria was a kid. He loved to optimize his mom and dad’s shopping trips by clipping coupons and spotting sales. Years later, he found himself spending a ton of baby products and groceries when he had a family. And comparing prices between grocers wasn’t an easy feat.
Going too slow these days is a costly error to make, as consumers don’t have the patience to wait for their merchants to catch up. If a purchase takes too long to complete, customers will migrate to another site where things move more smoothly, according to this month’s Checkout Conversion Index. And while it’s an exaggeration to state that customers are all turning to Amazon , the eCommerce giant’s latest earnings release indicates a lot of them are.
Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
In a move that devastated, and perplexed, local officials nationwide, Amazon announced the forthcoming home of its second headquarters. It’s going to be Mars. In fact, according to Jeff Bezos, Amazon HQ2 will be the first building to be constructed in Alexalopolis which Amazon’s CEO explained to assembled reporters this morning, will someday be the capital city of Mars itself.
It’s time for retailers to stop looking at brick-and-mortar like it’s dying. Traditional retail is changing, it’s true – and that has manifested as a fair amount of growing pains – but the perception that physical retail is a sinking ship may be leading merchants astray. Perhaps it’s better to think of modern retail as a chrysalis. Traditional retail was the caterpillar, inching along slowly but steadily, and somewhere ahead lies the magnificent butterfly of omnichannel, experiential, contextual
For many consumers, secondhand is becoming their first thought when it comes to clothes shopping. It’s a movement that’s been gaining momentum since the recession in 2008. Today, one in three women are reporting that they shopped secondhand within the past year, according to research by thredUP. That’s a total of 44 million shoppers in 2017. Compare that to 35 million the previous year, and it’s clear this trend is not only on the rise, it’s growing dramatically, with the potential to reach $41
Hacking 24/7 when it comes to [24]7.ai ? Seems that way. In a week that saw possible data breaches at Delta , Kmart and Sears , Best Buy joins the parade of victimized firms. Data pilfered may have spanned names, credit card details and other important bits of personally identifiable information. There’s a common thread that runs through the roster of companies that may have been exposed.
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
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