ChannelLife US - Industry insider news for technology resellers

Cash flow stories

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Monk raises USD $25 million to tackle invoice delays

Yesterday
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crm
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digital transformation
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Monk lands USD $25 million to expand software that spots invoice errors, portal rejections and missed contacts before finance teams chase payment.
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Zelle & Truist test bill payments in network pilot

Yesterday
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fintech
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cx
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martech
Zelle and Truist begin a controlled test of recurring credit card bill payments, aiming to give consumers clearer confirmation and reduce late-fee uncertainty.
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GE Vernova lifts guidance as orders & profit surge

2 days ago
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GE Vernova reports stronger first-quarter orders, profit and cash generation, with Power and Electrification driving a bigger backlog and improved outlook.
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KnowBe4 picks Flywire for global payments overhaul

3 days ago
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digital transformation
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KnowBe4 teams with Flywire to streamline international billing, accepting 140 currencies as it cuts manual reconciliation and boosts cash flow.
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Cerillion lifts orders on GBP £42.5 million Omantel deal

3 days ago
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Cerillion's first-half trading was boosted by a GBP £42.5 million Omantel deal, sending new orders higher and setting up a stronger second half.
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Tech Mahindra posts higher FY26 revenue & record dividend

3 days ago
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Tech Mahindra lifts FY26 revenue and EBIT, while record dividend, strong deal wins and 10th straight quarter of margin expansion signal turnaround gains.
Vast

VAST Data hits $30bn valuation after $1bn Series F round

3 days ago
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storage
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hyperscale
VAST Data's latest funding round highlights booming demand for AI infrastructure, with backers betting on its data platform and global expansion plans.
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Pinewood lifts revenue as US dealership testing starts

4 days ago
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Pinewood boosts annual revenue and EBITDA as testing begins at Lithia's US dealerships, with cash rising and medium-term growth targets intact.
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Xero unveils AI business health scorecards for users

4 days ago
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Xero rolls out AI-powered business health scorecards as 4.6 million subscribers gain deeper KPI tracking, cash flow forecasts and sharing tools.
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Accounting software faces AI rivals in bookkeeping shift

6 days ago
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Intuit's QuickBooks is under pressure as AI start-ups push automated bookkeeping, forcing accounting software to prove it can do more than digitise ledgers.
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Xero launches AI-native operating system for small firms

6 days ago
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digital transformation
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financial systems
Xero unveils AI-native finance platform and JAX assistant to cut admin for small firms, with accountants and bookkeepers also in line for gains.
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Elite adds AI to flag dubious legal billing entries

Last week
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risk & compliance
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erp
Elite rolls out AI-powered Validate checks to catch questionable legal billing before invoices go out, aiming to cut write-offs and speed payment.
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Backbase, Ninth Wave unlock ERP banking connections

Last week
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Backbase and Ninth Wave have teamed up to let banks plug corporate clients' ERP and accounting systems straight into account data and payments.
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Xero & Anthropic fuel AI battle in finance software

Last week
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Xero's Anthropic tie-up deepens finance software AI split as groups weigh integrated platforms against agent tools that work across multiple systems.
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US CFOs warn cloud costs are rising as AI budgets grow

This month
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US finance chiefs warn cloud bills are climbing as AI spending competes for budgets, with most seeing waste and tighter control demands.
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Private equity-backed firms trail venture rivals on AI

This month
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Private equity-backed firms use paid AI tools more than most peers, but many still struggle to turn sponsor pressure into practical finance gains.
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Plaid unveils foundation model for transaction data

This month
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Plaid builds a foundation model to improve transaction analysis, lifting income classification and loan payment detection across financial services.
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Ripple adds digital asset accounts to treasury platform

This month
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financial systems
Ripple Treasury adds Digital Asset Accounts as finance teams get a single view of cash and crypto balances across banks, custody providers and onchain wallets.
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Xero & Anthropic link Claude to accounting platform

Last month
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Xero and Anthropic strike multi-year deal to weave Claude AI into accounting software, giving small firms real-time cash-flow and invoice insights.
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Xero signs Claude deal for small business finance tools

Last month
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Xero to embed Anthropic's Claude across accounting tools as JAX gains automation for cash flow, invoices and scenario analysis.