TechDay UK - The United Kingdom's technology news network

Cash flow stories

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QBE report reveals emerging challenges for Singapore SMEs
5 days ago
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breach prevention
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ai
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inflation
QBE Insurance's annual SME surveys reveal challenges for small and medium-sized enterprises in Singapore and Hong Kong, highlighting rising costs and AI adoption concerns.
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Menna.ai launches AI assistant for UK small businesses
Last week
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fintech
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genai
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ai
Cardiff's Menna.ai is set to enhance UK small businesses' financial management with its AI-powered assistant, now inviting early access sign-ups.
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Nasuni achieves $1.2 billion valuation, expands in UK
Last week
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hybrid cloud
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ai agents
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market
Nasuni has reported a remarkable 26% revenue increase in FY24, reaching a valuation of $1.2 billion and expanding its workforce across the UK and Ireland.
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Freshworks reports 22% rise in Q4 revenue to USD $194.6m
Last week
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firewalls
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network security
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cx
Freshworks has unveiled impressive Q4 results, with revenues reaching USD $194.6 million, marking a 22% increase year-on-year and signalling robust growth.
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SMEs in Singapore could miss out on SGD $800m annually
Last week
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inflation
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smes
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syfe
Small and medium-sized enterprises in Singapore are at risk of losing SGD $800 million each year by keeping cash in low-yield bank accounts.
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Australian SMEs struggle with cash flow & profits drop
Last month
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cba
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smes
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cash flow
A CommBank survey reveals almost 80% of Australian small to medium businesses struggled with cash flow last year, prompting various strategies for relief.
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Cisco shares solid Financial Results amid improved profitability
Last month
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asset management
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cash flow
Cisco Systems New Zealand reports a strong financial year ending 31 July 2024, with net profit soaring 65.4% to NZD 4.94 million despite a slight revenue dip.
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Harvey Norman reports mixed Financial Results for FY2024
Last month
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harvey norman
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investment
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financial results
Harvey Norman New Zealand reports a 6.1% drop in revenue to NZD $1.05 billion for FY2024, yet maintains profitability with a net profit of NZD $33.4 million.
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Nearly half of Aussie small firms expect cash flow boost
Tue, 10th Dec 2024
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martech
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cdp
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digitisation
Despite rising costs and economic pressures, nearly 47% of Australia's small businesses foresee improved cash flow by 2025, revealing growing optimism.
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Alternative lending gains popularity among New Zealand SMEs
Thu, 5th Dec 2024
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commerce commission
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christmas
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inflation
A Prospa survey reveals many New Zealand SMEs view summer as vital, with 43% expecting better conditions despite economic challenges ahead.
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Harvey Norman reports financial turnaround despite decline in revenue
Tue, 3rd Dec 2024
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harvey norman
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financial results
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fy
Harvey Norman reports a turnaround with a profit of NZD 9.86 million for the year despite a 10.4% fall in revenue to NZD 62.04 million.
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JB Hi-Fi reports financial challenges amid increased revenue
Tue, 3rd Dec 2024
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jb hi-fi
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financial results
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market competition
JB Hi-Fi NZ reported a 12.3% revenue increase to NZD $327.9 million for FY2024 but faced significant losses due to rising operating expenses.
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Cisco reports mixed financial performance amidst challenging market conditions
Tue, 3rd Dec 2024
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data analytics
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cybersecurity
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cisco
Cisco Australia has reported a mixed fiscal performance for 2024, with revenue down to AUD $2,274.9 million but service revenue up by 8.1%.
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Zoom financials reveal moderate growth in AI sector push
Fri, 29th Nov 2024
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video conferencing
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financial results
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zoom
Zoom Communications has reported a 3.6% increase in revenue for Q3 2025, reaching USD $1,177.5 million, while key AI innovations drive user growth.
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Australian SMBs set to face rising challenges in 2025
Thu, 28th Nov 2024
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smb
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inflation
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entrepreneurship
Australian small businesses are set to face significant challenges in 2025, grappling with rising costs, competition, and inadequate government support.
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CrowdStrike surpasses USD $4 billion in annual revenue
Wed, 27th Nov 2024
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cloud security
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ai security
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cybersecurity
CrowdStrike has reported impressive third-quarter results for fiscal 2025, with Annual Recurring Revenue surpassing USD $4 billion and quarterly revenues reaching USD $1.01 billion.
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Quadient forecasts blockchain adoption in finance by 2025
Thu, 21st Nov 2024
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fintech
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blockchain
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accounts payable
Quadient forecasts that by 2025, blockchain will revolutionise finance teams, enhancing transaction accuracy and transparency in a challenging skills landscape.
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Australian SMEs warned of Christmas cash flow challenges
Wed, 20th Nov 2024
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supply chain & logistics
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christmas
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expense management
Australian SMEs are urged to prepare for cash flow challenges this holiday season, with concerns over profitability in retail and logistics sectors.
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New Zealand to launch eInvoicing for all agencies by 2026
Wed, 20th Nov 2024
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einvoicing
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interoperability
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fraud prevention
The New Zealand Government is set to implement eInvoicing across all agencies by 2026, promising faster payments and improved accuracy for businesses.
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Anaplan founder launches new startup Kaleidoscope in UK
Tue, 19th Nov 2024
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ipo
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anaplan
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venture capital
Michael Gould, founder of Anaplan, has launched a new business planning software venture, Kaleidoscope, from his home in North Yorkshire.