Ultimate Software Announces CFO Succession Plan
( HR Technologist) Mitchell K. Dauerman, who has served as Ultimate’s CFO since September 1996, will step down tomorrow. He will continue his service at Ultimate, focusing on investor relations and strategic initiatives.
CrossConcept Launches the Latest & Greatest Innovation in Professional Services Automation (PSA)
( IT News Online) CrossConcept Continuum provides service organizations with an all-in-one, modern professional services SaaS solution that is easy to implement, simple to use … Additionally, CrossConcept Continuum has been built from the ground up to integrate with all major accounting systems and seamlessly synchronize projects ..
Samsung BioLogics loses $6 billion in stocks dive after notice of accounting breach
( Investing.com UK) … breached an accounting rule. 005930), and its auditors of measures it could take concerning the provisional breach.
Abacus Finance Group backs Thompson Street’s acquisition of Transnet YX
( PE Hub) Abacus Finance Group LLC provided $22.5 million in senior secured credit facilities to support the ThompsonStreet Capital Partners’ buyout of Transnet YX Inc.
TIMIA Capital invests $1.5M in 7Geese
( Private Capital Journal ) The alternative financing option complements both debt and equity financing, while allowing entrepreneurs to retain control of their business. TIMIA’s target market is the fast-growing business-to-business software-as-a-service (SaaS) segment. TIMIA is managed by a seasoned investment team with a track record of .
Finastra joins Finance Innovation hub
( Asset Servicing Times) As part of its membership, Finastra expects to participate in a series of industry events and collaboration opportunities throughout this year, working together with customers and financial technology partners. Events include working groups to discuss industry developments in areas such as asset management and banking.
