TechDay New Zealand - Aotearoa's technology news network

Cash flow stories - Page 2

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QBE report reveals emerging challenges for Singapore SMEs
Wed, 19th Feb 2025
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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
Mon, 17th Feb 2025
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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
Fri, 14th Feb 2025
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hybrid cloud
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agentic ai
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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
Thu, 13th Feb 2025
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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
Thu, 13th Feb 2025
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supply chain
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inflation
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sme
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
Wed, 22nd Jan 2025
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cba
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sme
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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
Tue, 14th Jan 2025
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asset management
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cash flow
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resilience
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
Tue, 14th Jan 2025
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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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supply chain
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cdp
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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supply chain
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jb hi-fi
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financial results
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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uc
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video conferencing
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financial results
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 announced a remarkable achievement, surpassing USD $4 billion in annual recurring revenue, marking significant growth in its latest quarterly results.
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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
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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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modernisation
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einvoicing
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interoperability
The New Zealand Government is set to implement eInvoicing across all agencies by 2026, promising faster payments and improved accuracy for businesses.
Founder
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.