Fynd receives funding

Fynd | January 03, 2017

Unique fashion e-commerce portal Fynd has clinched an undisclosed amount of funding from former Snapdeal chief product officer Anand Chandrasekaran, chief executive officer of Arvind Sports Lifestyle Rajiv Mehta and Livspace co-founder Ramakant Sharma.

Spotlight

As a small business, keeping your finances separate from your personal is important for both banks and the IRS. Our Commercial Banking Manager has been asked a lot about what a business checking account entails, here are the answers to his top 4 questions asked.

Spotlight

As a small business, keeping your finances separate from your personal is important for both banks and the IRS. Our Commercial Banking Manager has been asked a lot about what a business checking account entails, here are the answers to his top 4 questions asked.

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MANAGEMENT

SumUp and Netcetera Team up to Provide ACS for Small Businesses

SumUp | February 16, 2023

On February 15, 2023, SumUp, a leading financial technology company focusing on small businesses, and Netcetera, a market leader in digital payment solutions and payment security, partnered to protect small merchants from fraud. Through this partnership, SumUp will leverage Netcetera's dynamic solution to provide a robust and dependable Access Control Server (ACS), a crucial component of the authentication process. The solution offers a high level of security and minimizes transaction flow touchpoints, allowing cardholders to avoid cumbersome multi-step processes and moving between apps when paying. The combination of Netcetera's 14 years of experience in the 3D-Secure market and SumUp's innovative capabilities in online finance solutions have produced a remarkable product. It is a game-changer for smaller businesses, allowing them to quickly sell their products online, boost conversion rates, and still provide first-rate fraud protection. Head of Business Operations at SumUp, David Tatarishvili, shared, "Our userbase's security has always been our foremost priority; collaborating with Netcetera ensures that all our merchants, and their customers, are protected against e-commerce fraud and other security risks. By providing SMEs with ACS, it sets up a comprehensive line of defence against cyber criminals, saving merchants both time and money." (Source - Yahoo Finance) Through this partnership, SumUp and Netcetera intend to democratize access to industry-leading security solutions for small entrepreneurs and ensure that small- and medium-sized enterprises in the United Kingdom have access to digital security solutions to protect themselves and their customers. About SumUp SumUp is a global leader in financial technology based in London, with a mission to level the playing field for small businesses. Founded in 2012, it is the financial partner for over 4 million small merchants in over 35 global markets, assisting them in starting, operating, and expanding their businesses. The company's Super App offers merchants a free business account and card, an online marketplace, an invoicing solution, and in-person and remote payments seamlessly integrated with its card terminals and POS registers. Stonewall Workplace Equality Index recognized SumUp as a Top Global Employer for the LGBTQ+ community in 2022.

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TECHNOLOGY

Patriot Acknowledged as Top Small Business Payroll Software by Software Advice

Patriot Software, LLC | January 12, 2023

Patriot Software, a renowned accounting and payroll software vendor, has been recognized as a front-runner for Top Small Business Payroll Software by Software Advice. Software Advice assists organizations in navigating the software buying journey. Its current FrontRunners report analyses user evaluations and ranks the top-scoring products for small businesses based on usability and customer satisfaction ratings. Patriot, along with being recognized as Top Small Business Payroll Software, also featured in several other Software Advice front-runners reports throughout 2022, such as Top Payroll for Accountants Software, Top Online Payroll Software, and Top Payroll Software. "I'm excited to see that Software Advice has recognized our payroll software as a FrontRunner, as so many of our customers have," said Jackie Greenfield, Head of Product Management. He added, "Our product managers work closely with our accountants and small business owners to ensure we keep improving our software with new useful features while keeping it easy to use." (Source – PR Web) Patriot's payroll software proclaims an overall rating of 4.8 out of 5 stars on Software Advice, signifying that Patriot's user-friendly, affordable, and speedy payroll software is a must-have for both business owners and accountants alike. About Patriot Software Founded in 1986, Patriot Software, located in Canton, Ohio, offers simple yet powerful online accounting and payroll software to US business owners and their accountants. The company provides on-premises or cloud-based solutions that assist business owners in managing, maintaining, and automating payments. Starting from the basement of a factory as a startup, it eventually grew and spawned four additional companies, now employing over 300 people in the United States of America.

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SMALL BUSINESS ADVICE

IRIS Software Group Acquire Apex HCM to Expands its US Business

IRIS Software Group | March 02, 2023

IRIS Software Group (IRIS), a leading global provider of accountancy and payroll solutions, recently announced the acquisition of a leading provider of cloud-based HCM enterprise software for Certified Public Accountant (CPA) firms and payroll service bureaus (PSBs), Apex HCM. Apex's software, which was founded in 2008, is utilized by over 250 CPA firms and PSBs across the America to provide payroll services to more than 40,000 small and medium-sized enterprises (SMEs). Its comprehensive HCM suite allows CPAs and PSBs to provide their SME clients with recruiting, onboarding, time and attendance, and benefits administration software through a cloud-native platform. The acquisition of Apex is a significant step in IRIS' international expansion. The combined business provides payroll services to more than one million employees and 130,000 SMBs in the United States and Canada. "We are delighted to welcome Apex to the IRIS family. This acquisition continues our successful journey providing leading software to PSBs and CPA firms – a market which IRIS has been serving for decades in the UK and we are rapidly expanding in the Americas region," said Elona Mortimer-Zhika, CEO of IRIS. (Source – Business Wire) The announcement follows a prosperous year of expansion for IRIS across the Americas. IRIS achieved a 28 percent increase in sales in 2022 as it successfully executed its ambition to supercharge the company's operations in the U.S. through mergers and acquisitions, innovation, and senior hiring. AccountantsWorld, myPay Solutions, Conarc, and Doc.it are among recent strategic acquisitions. About IRIS Software Group Headquartered in Slough, Berkshire, IRIS Software Group is one of the largest privately held software organizations in the United Kingdom and a global provider of mission-critical software. IRIS provides finance, HR, and payroll teams, educational institutions, and accounting firms with software solutions and services that streamline operations and allow professionals to focus on their passions. By streamlining, automating, and offering insights on routine mission-critical processes for businesses of all sizes, IRIS ensures that its customers can look to the future with clarity and confidence.

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