Cash flow stories

As businesses navigate market volatility, scalable solutions for financial management offer essential insights for better budgeting and cashflow control.

Accept Cards has launched Accept Cash, an innovative solution for SMEs enabling same-day cash deposits amid rising bank branch closures in the UK.

Apple New Zealand has reported a revenue drop to $1.14 billion and a net profit decline to $22.8 million for the fiscal year ending June 2024.

Oracle New Zealand has reported stable growth for FY 2024, revealing increased revenue and a healthy profit margin amid challenging market conditions.

Seeing Machines has reported a 17% revenue increase to USD $67.6 million for the year ending June 2024, buoyed by regulatory trends in transport.

Extend has launched its Bill Pay feature, allowing businesses to settle invoices securely using virtual cards, enhancing accounts payable processes.

Exclusive Networks has introduced XPS, a new invoicing service to help channel partners in EMEA manage cash flow and offer flexible payment options.

GoCardless has teamed up with US fintech Pipe to launch embedded finance solutions for SMEs in the UK, streamlining access to capital for small businesses.

Late payments cost Kiwi small businesses GBP £827 million in 2023, threatening their survival and hampering economic growth amidst rising inflation and interest rates.

Amazon UK sellers launch legal action, accusing Amazon of unlawfully freezing tens of millions in revenue, impacting business operations.

A Hokodo survey reveals that 66% of finance leaders believe their teams lag behind the rapid pace of eCommerce, with B2B commerce poised to hit USD $2.641 trillion by 2024.

AI is helping small businesses in New Zealand tackle productivity issues, crucial amid tough economic conditions, by automating tasks and optimising workflows.

Syniti's data-first methodology is revolutionising digital transformations, driving efficiency and savings for global industries via tailored enterprise data management.

Swoop has made a non-binding offer to acquire Vonex, outbidding MaxoTel’s June scheme with a $0.040 per share proposal, aiming to create a national telecom giant.

Toshiba reports modest growth for the year ending March 2024, with steady revenue increases balancing rising operational costs and strategic investments.

Sony New Zealand has reported steady financial performance for FY23, maintaining robust revenue streams and a solid asset base despite market fluctuations.

NTT New Zealand cuts net loss to NZD $17.3M but remains in deficit amid declining revenues and rising interest costs, challenging its financial stability.

SentinelOne posts its first-ever positive net income in Q2 FY 2025, with a 33% revenue boost to USD $199 million, marking 12 consecutive quarters of margin improvement.

Zoom Video Communications surpasses fiscal Q2 guidance with USD $1,162.5 million revenue, driven by AI-powered tools; records a 33.7% rise in operating cash flow.

Stripe celebrates a decade in Australia with expanded offerings like PayTo and Instant Payouts, supporting over 500,000 businesses in processing $200 billion.