Top WorkTech News From the Week of February 2nd: Updates from Nexthink, Rootstock Software, Acumatica, and More
The editors at Solutions Review have curated this list of the most noteworthy WorkTech news from the week of February 2nd. This round-up covers announcements and updates from companies like Nexthink, Rootstock Software, Acumatica, and more.
Keeping tabs on the most relevant ERP and BPM news can be time-consuming. As a result, our editorial team aims to summarize the week’s top headlines in the enterprise technology marketplace. The Solutions Review editors will compile a weekly round-up of vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy WorkTech information. With that in mind, here is some of the top WorkTech news for February 2nd.
Top WorkTech News From the Week of February 2nd, 2024
Acumatica Makes Several Announcements at its Annual Summit Event
Acumatica, a business management solution provider, has made several announcements at the company’s annual Summit event, including a new company logo and an expansion of its product line. To expand its product suite, Acumatica will launch the Professional Services Edition later in 2024. This new offering is built on Acumatica’s billing, scheduling, and project accounting capabilities. It will give businesses the tools to track customer engagement lifecycles and provide better services to their clients, all from the Acumatica solution.
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Anima Releases an AI-powered Code Personalization Tool
Anima, an AI-powered design-to-code platform, has launched the AI Code Personalization tool. This new feature leverages generative AI technology to help developers customize the code they produce so it resembles their unique style, saving them editing time. The personalization also offers free text instructions, pre-made presets, code samples, customized instructions users can apply to an entire project, and the ability to automatically add responsive behavior, animations, logic, states, and more. Anima’s AI Code Personalization is available now in the Anima Figma Plugin and Figma’s Dev Mode.
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CloudBolt Software Provides Details on Upcoming FinOps Capabilities
CloudBolt Software, a cloud financial management solution, has announced several Augmented FinOps capabilities that will come to its platform throughout 2024. The advancements will leverage AI, ML, and orchestration tools to extend its FinOps capabilities to any cloud, regardless of the stage of its resource lifecycle. These updates will focus on three capability categories: AI/ML-informed cost insights, Full Lifecycle FinOps, and a unified control framework to combine public and private clouds into a single cloud fabric.
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Cognizant Debuts a New Gen AI-powered Platform
Cognizant has announced a generative AI-powered platform to help enterprises “fuel” the next generation of software engineering. The new platform, Cognizant Flowsource, provides companies with a unified engineering platform that connects all stages of the software development cycle. Gen AI-powered tools and process orchestration are integrated throughout the development experience to help users work faster, deliver code, improve control, accelerate work processes, and unlock more transparency into the organization’s software engineering ecosystem.
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Newgen Software Announces a Partnership with Finastra
Newgen Software, a global low-code platform provider, has partnered with Finastra, a financial software application provider. The partnership will help Newgen enhance its loan origination solutions and integrate them with Finastra’s LaserPro. This API-driven integration will streamline loan document creation, eliminate the need for data mapping, and ensure data validation before transfers begin. It will also integrate with core banking and third-party systems to help banks abide by compliance requirements.
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Nexthink Expands its Solution Suite by Acquiring AppLearn
Nexthink, a digital employee experience (DEX) solution provider, is celebrating its twentieth anniversary with the acquisition of AppLearn, a digital adoption solution. Nexthink will integrate AppLearn’s real-time guidance tools with Nexthink’s end-to-end visibility, user sentiment analysis, and AI-driven automation capabilities to provide IT teams with an “all-in-one” solution capable of addressing every aspect of digital workplace management and offer leaders improved control over their digital transformation projects.
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Paycom Software Appoints a New Chief Marketing Officer
Paycom Software, a cloud-based human capital management software provider, has appointed Steve Sturges as Chief Marketing Officer (CMO). With three decades of experience in marketing, branding, and advertising, Sturges will help Paycom drive its lead-generation efforts, enhance brand equity for stakeholders, and lead its strategy, development, and execution initiatives across its marketing and communication functions.
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Paystand Announces an Integration with Acumatica
Paystand, a feeless B2B blockchain-enabled payment platform, has announced that it’s bringing its automated payment solution to Acumatica’s cloud-based ERP system. This partnership will help finance departments using Acumatica’s platform accelerate their AR processes to reduce days of sales outstanding (DSO) and expedite time-to-cash without transaction fees. The native integration will allow Acumatica users to use Paystand’s profitability behavior model, create smart invoices, utilize email templates with embedded payment options, and more.
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Rootstock Software Expands its Financial Suite with New and Updated Capabilities
Rootstock Software, a manufacturing cloud ERP solution provider, has launched its Winter Release, introducing several enhancements to its Rootstock Financial suite. The updates to Rootstock’s financials module will provide manufacturers with the tools they need to eliminate silos and focus on improving revenue, cost allocation, and year-over-year performance. Specific enhancements include improved grid components that enhance data visibility, an improved payable transactions process, routine task automations, real-time data for financial reporting, advancements in the purchase order (PO) and accounts payable (AP) matching processes, and more.
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ScienceLogic and LTIMindtree Announce a New Collaboration
ScienceLogic—an AIOps and observability solution provider—has announced a collaboration with LTIMindtree, a global technology consulting and digital solutions provider. The companies will collaborate on a unified, intelligent platform that helps organizations gain end-to-end visibility into their processes, optimize cloud operations, drive digital transformation, resolve issues, and maximize cloud investments while maintaining reliability, efficiency, and scalability.
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Expert Insights Section
Watch this space each week as our editors will share upcoming events, new thought leadership, and the best resources from Insight Jam, Solutions Review’s enterprise tech community for business software pros. The goal? To help you gain a forward-thinking analysis and remain on-trend through expert advice, best practices, trends and predictions, and vendor-neutral software evaluation tools.
Solutions Review Launches The Thought Leader Project
The Thought Leader Project is a single initiative that brings the full power of Solutions Review’s authority, reach, and distribution to help technology vendors build brands, enhance their reputation, and, ultimately, reach their target market. Learn more about getting involved at the link below.
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Security Rising to the Top: The Most Influential Factor in Business Software Selection, by Zach Capers at Capterra
As part of Solutions Review’s Contributed Content Series, Zach Capers, a Senior Security Analyst at Capterra, discusses why security is becoming one of the most critical factors in the business software selection process. In the article, he talks about how cyber-attacks are becoming more prevalent and why companies are placing priority on reliable security and authentication tools.
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The Rise of the Financial Engineer, by Matt Stapleton at Spiff
As part of Solutions Review’s Contributed Content Series, Matt Stapleton, the COO at Spiff, explains why today’s financial professionals are starting to look more like financial engineers on account of digital transformation driving new revenue models, increased emphasis on globalization, and an “unbundling” of spreadsheet tools.
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For consideration in future news round-ups, send your announcements to wjepma@solutionsreview.com.