TECHNOLOGY

ECI Software Solutions Named Cybersecurity Awareness Month Champion

ECI Software Solutions Named Cybersecurity Awareness Month Champion

ECI Software Solutions, Inc., a prominent cloud-based business management software and services provider, has recently announced that it has been recognized as a Cybersecurity Awareness Month Champion by the National Cybersecurity Alliance. This underscores ECI's unwavering commitment to delivering reliable cloud-based Enterprise Resource Planning (ERP) solutions for small and medium-sized businesses (SMBs), empowering them to operate and expand their enterprises with confidence and security.

As a member of the distinguished group of Cybersecurity Awareness Month Champion organizations, which encompasses businesses of varying sizes, educational institutions, non-profit organizations, and government entities, ECI Software Solutions is dedicated to the promotion of a safer, more secure, and trustworthy internet landscape.

This significant development underscores ECI's ongoing dedication to fostering SMB growth through technological innovation. A noteworthy achievement is that over 12,000, constituting more than half of ECI Software Solutions' global clientele, have successfully transitioned their operations to the cloud. This migration has resulted in cost savings of up to 40%, achieved by streamlining operational expenses and reducing manual workloads. Such savings have assumed increased importance over the past few years, marked by persistent labor shortages and disruptions in the supply chain.

ECI's cloud-based ERP solutions play a critical role in enhancing transparency and mobility, eliminating silos and tribal knowledge within SMBs. This approach positions SMBs for growth, enables accurate forecasting, and fosters the emergence of the next generation of leadership. At ECI Software Solutions, cloud ERPs are crafted for and by those who have traversed the journey of SMB growth.

About ECI

ECI Software Solutions specializes in providing cloud-based business software solutions designed to cater to the specific needs of small and mid-sized enterprises. Headquartered in Fort Worth, Texas, the company features a team of experts with deep knowledge in manufacturing, residential construction, field service management, building supply, office technology, and wholesale/retail distribution industries. ECI's industry-specific software connects businesses with their customers, enhancing visibility, operational efficiency, and profitability. Its comprehensive suite of services seamlessly integrates sales and marketing, business intelligence, CRM, data and analytics, e-commerce, mobile applications, and payment processing

Spotlight

Spotlight

Related News

FINANCE

YuLend announces strong performance, reaching 150,000 SME fundings since its inception

YouLend | December 14, 2023

YouLend, the leading global embedded financing platform, has reached a major lending milestone, successfully providing 150,000 instances of funding to small to medium-sized enterprises (SMEs) across the UK, EU, and the US, since its launch in 2015. It's estimated that YouLend-backed SMEs have contributed £6.8 billion in revenue to the GDP across our core markets, and have experienced a 26% uplift in sales in the 6 months following funding. The funding milestone follows YouLend's successful expansion in recent years into the US and major European markets, including Germany, Netherlands, Poland, and Spain. In addition to expansion, YouLend has also seen sustained growth in the UK and Ireland, making it one of the largest embedded finance platforms globally. The growth has accelerated from newly secured partnerships with leading ecommerce and payments platforms such as Amazon, Just Eat Takeaway.com, and Dojo. YouLend recently published an impact report, The Widening Access to Capital Report, which found that YouLend attracted 12% more applications from female-led businesses and was more than twice as likely to finance female-led businesses than the UK average. The report also indicated that YouLend makes fast, accurate lending decisions thanks to its sophisticated, AI-driven decision-making model which leverages a broad range of financial data to paint an accurate picture of a business's health. This enables a 90% approval rate for YouLend applicants - well above the 64% average in the UK SME lending market. The unbiased model also enables YouLend to grant financing to SMEs who have been underserved by traditional finance providers. As a result, over half (58%) of YouLend's total 150,000 instances of funding went towards two of the most deprived regions in the UK, serving low-income business owners. Jakob Pethick, Chief Commercial Officer at YouLend, comments: "This milestone underscores YouLend's growth across the US, UK, and the rest of Europe as we continue to invest in our platform. "At the heart of our mission is a commitment to supporting businesses with finance wherever and whenever they need it. This is why we will continue to work with our strategic partners to empower businesses with fast, flexible, and fair financial products to grow and thrive." About YouLend YouLend is the preferred embedded financing platform for many of the world's leading e-commerce platforms, tech companies, and payment service providers. YouLend's embedded finance platform offers fast, flexible, and fair financing to businesses, enabling YouLend's partners and their merchants to unlock revenue and growth opportunities globally.

Read More

SMALL BUSINESS ADVICE

WTW launches tailored cyber insurance solution for small and medium-sized enterprises (SME)

GlobeNewswire | January 30, 2024

In today's digital landscape, small and medium-sized enterprises (SMEs) face substantial cyber risks. It has become imperative to protect businesses from cyber threats. The challenge of obtaining suitable and affordable coverage is eased with SMEs' access to cyber solutions from WTW, a leading global advisory, broking, and solutions company. WTW's newest cyber solution is crafted to meet the unique needs of SMEs spanning industries in North America. Tailored for businesses with annual revenues under $50 million, including start-ups and pre-revenue accounts, this solution addresses historical challenges faced by SMEs in traditional underwriting processes that often favor larger enterprises. This has often left SMEs vulnerable due to limited access to affordable and robust coverage. In response to those concerns, WTW has strategically partnered with leading cyber insurance carriers dedicated to serving the unique needs of SMEs. The tailored solution provides quick and easy access to competitive insurance quotes through self-service quoting platforms. WTW has also allocated dedicated underwriting staff to focus on the specific needs of SMEs and offers policyholder resources, including tools and support to implement and maintain robust cybersecurity measures. "This moment signifies a transformative effort, dedicated to addressing the distinctive challenges SMEs face in the realm of cybersecurity. Through strategic partnerships with top-tier cyber insurance carriers and the delivery of resources, we assure SMEs access to affordable and comprehensive coverage. This initiative not only resolves concerns previously facing SMEs but also positions cybersecurity as an integral and manageable component of their business strategy and enterprise risk management," shared Jessica Klipphahn, NA Head of MM Cyber/E&O at WTW. About WTW At WTW, we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance. Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.

Read More

TECHNOLOGY

When I Work Launches Payroll to Revolutionize Workforce Management for Small Businesses

PR Newswire | January 09, 2024

When I Work, a market leader in shift-based workforce management software used by more than 200,000 workplaces worldwide, is excited to announce its new product, When I Work Payroll. When I Work Payroll is designed to make it incredibly easy for small businesses to run payroll. Because the employee schedule and time tracking data are on the same platform with payroll, businesses can pay their hourly workers quickly, with a single click. There's no data entry or uploading timesheets, so there's less chance for errors, letting small business owners spend time on their customers, instead of being stuck in the back office. "It's been great to have all of our scheduling and payroll information in one place. We don't have to verify numbers in two places anymore—we're able to verify and run payroll in 10 minutes now," said Tim Hogg, owner of Tressia, a popular North Carolina restaurant. Payroll from When I Work is comprehensive. Your employees track their time by clocking in and out of the mobile app and our payroll software calculates all the data in real time, including hours, breaks, overtime, and paid time off. When I Work automates payments and tax filings to make everything transparent. Employees can update their own payroll forms and personal information through the app. The system automatically handles taxes and sends direct deposits. When I Work also files your payroll taxes with the IRS. "We consistently hear stories from small business owners about the countless hours they spend manually syncing and reconciling errors between systems," said Kavitha Radhakrishnan, Chief Product Officer at When I Work. "Our customers want an easier alternative to legacy payroll software, and they have a long history of trust with us, so we created Payroll for them. Now our small business customers can focus their valuable time on what they do best—building their teams and running their business." About When I Work When I Work is a market leader in shift-based workforce management software and delivers a powerful, employee-first experience that creates happier and more productive teams. Trusted by more than 200,000 workplaces worldwide, When I Work puts scheduling and collaboration at the center of workplace operations and brings empathy, agility, and consumer simplicity to the small business workplace.

Read More