IT Brief Canada - Technology news for CIOs & IT decision-makers

Cash flow stories - Page 5

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Malpa Games lifts cash balance by $3M while boosting UA

Wed, 24th Sep 2025
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gaming
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digital entertainment
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opinion
Malpa Games boosted cash reserves by USD $3M and increased user acquisition spend by 81% via a $20M credit facility from PvX Partners to fund growth.
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Using AI to predict the timing of supplier payments improves cash flow forecasting

Tue, 16th Sep 2025
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data analytics
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supply chain
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erp
AI-driven predictions of supplier payment timing boost cash flow forecasting for manufacturers, enhancing working capital and supplier relations.
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Snowflake reports product revenue up 32% to USD $1.09B

Fri, 29th Aug 2025
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martech
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cdp
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erp
Snowflake's product revenue rose 32% to USD $1.09 billion in Q2 FY2026, driven by strong customer growth and a net revenue retention rate of 125%.
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BillingPlatform unveils RevenueIQ suite to boost AI in finance

Wed, 20th Aug 2025
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data analytics
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cx
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martech
BillingPlatform launches RevenueIQ, an AI suite to help finance teams automate tasks, predict trends, and optimise cash flow using billing data analysis.
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Ignition & Financial Cents integration boosts workflow for firms

Tue, 12th Aug 2025
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devops
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rpa
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apm
Ignition and Financial Cents have integrated their platforms to automate workflow and enhance efficiency for accounting firms across Canada and the US.
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Commvault revenue rises 26% to USD $282 million in first quarter

Thu, 31st Jul 2025
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quantum computing
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ai security
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erp
Commvault's Q1 revenue rose 26% to USD $282 million, driven by strong subscription growth and a 24% jump in annualised recurring revenue.
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Ignition & Karbon integration aims to boost accounting firm efficiency

Wed, 16th Jul 2025
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financial systems
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rpa
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professional services
Ignition and Karbon have integrated to automate billing and workflows, boosting efficiency for accounting firms by streamlining client onboarding and payments.
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Dext Payments automates bookkeeping payroll with Airwallex

Thu, 10th Jul 2025
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fintech
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airwallex
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forex
Dext partners with Airwallex to launch Dext Payments, automating payments and invoicing across multiple currencies.
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Xero acquires Melio for USD $2.5 billion to boost US growth

Fri, 27th Jun 2025
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fintech
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martech
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commerce systems
Xero is set to acquire US payments platform Melio for USD $2.5 billion, boosting its North American growth and integrating payments with accounting solutions.
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CrowdStrike Q1 revenue rises 20% to USD $1.10 billion as ARR grows

Wed, 4th Jun 2025
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saas
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data protection
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cloud security
CrowdStrike's Q1 revenue rose 20% to USD $1.10bn with ARR growing 22% to USD $4.44bn, reflecting strong subscription and cash flow performance.
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monday.com grows Q1 revenue 30%, cites continued investment in innovation

Fri, 16th May 2025
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saas
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cx
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martech
monday.com reports Q1 fiscal 2025 revenue of $282.3m, a 30% rise, with record profits and cash flow boosting confidence in growth prospects.
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Ignition launches AutoCollect to automate late invoice payments

Mon, 12th May 2025
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fintech
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it automation
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financial systems
Ignition launches AutoCollect to help small service businesses automate late payment collection, streamlining invoicing and boosting cash flow management.
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Fortinet first quarter revenue surges to USD $1.54 billion

Thu, 8th May 2025
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saas
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firewalls
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network security
Fortinet reported Q1 2025 revenue of USD $1.54bn, up 14%, with strong growth in product and service revenue and a record operating margin.
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Agentic AI raises concerns over enterprise risks & value

Tue, 29th Apr 2025
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uc
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cx
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martech
Dan French of Consider Solutions warns that Agentic AI's risks may outweigh benefits as enterprises rush to adopt autonomous systems amid ongoing scepticism.
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Amplitude reports Q4 revenue rise & customer growth

Thu, 27th Feb 2025
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saas
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investment
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financial results
Amplitude has reported a fourth-quarter revenue of USD $78.1 million, reflecting a 9% rise, while expanding its customer base to 591 clients above USD $100,000 in ARR.
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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.