Tech News: Centime rolls out 2023 release

Cash management solutions provider Centime announced the release of the upgraded 2023 version of its Cash Management Suite. Features include cash forecasting, which automatically creates and continuously updates a rolling 13-week cash forecast; accounts payable and receivable automation; access to CentimeCredit, an embedded unsecured line of credit designed to meet short-term cash needs; and KPI tracking and monitoring, giving insights into things like cash flow, cash burn, and runway. Also included are KPIs specific to AP and AR performance. The Centime Cash Management suite can be purchased directly from the company or from select financial institutions and referral partners

Big Four firm E&Y and IBM have embarked on a global strategic partnership to focus on environmental, social and governance solutions that help organizations accelerate business transformation with value-led sustainability. The two companies hope to help clients manage ESG matters as well as work together to build business strategies that demonstrate the positive correlation between purpose and financial performance. Further, they plan to integrate their technologies to help address the complexities of ESG data volume and types, as well as customer hybrid IT preferences. Collaborative offerings are planned to include Scope 3 greenhouse gas emissions accounting and management, ESG managed services, and the EY Sustainable Enterprise Asset Management tool for Scope 1, 2 and 3 carbon capture, analysis and decision support. This work builds on the EY organization and IBM's ongoing collaboration including the recent launch of Talent Center of Excellence and the EY-IBM Center of Excellence for Financial Services. More information on the EY-IBM Alliance can be found here.

The employment tax credit platform formerly known as Clarus Solutions has rebranded and now styles itself Arvo Tech, which was seen to be more reflective of the company's mission, as Arvo means "value" in Finnish, and its technology platform helps to streamline reporting with real-time access to tax credit information. Further, Arvo has also appointed seasoned startup technology executive and product-engineering leader Todd Fox as its new vice president of engineering. Further, recent enhancements to the company's online portal allows users to more easily determine eligibility for the Work Opportunity Tax Credit, as well as track the amounts they receive in real-time.