As local governments watch the federal infrastructure bill, a Massachusetts-based government technology company aims to help local authorities better track capital projects and proposals. ClearGov has launched a cloud-based capital improvement planning product, Capital Budgeting. The software is designed so local governments can have an efficient, web-based way to trackRead More →

MAYNARD, Mass.–(BUSINESS WIRE)–Leader in cloud-based government budgeting software, ClearGov, has launched its cloud-based Capital Improvement Planning (CIP) solution, specifically designed to simplify the CIP process for local governments. ClearGov Capital Budgeting™ streamlines the process of collecting capital requests, creates multi-year, multi-scenario budget versions, and automatically generates a professional CIP websiteRead More →

– Switching from Cloud Comrade to another vendor’s Alphaus marks Alphaus’ entry into the dynamic Singapore market. This is an important step for Alphaus in its strategic expansion into Southeast Asia and follows the establishment of its Global Delivery Center in Kuala Lumpur last year. – Alphaus Inc.’s feature-rich CloudRead More →

For immediate release DIGHTON – The Dighton Board of Selectmen, in conjunction with City Administrator Michael Mullen, Jr., is pleased to announce that the City of Dighton has requested that a Financial Management Review be conducted by the Services Division state premises. A financial management review focused on best practicesRead More →

STOCKHOLM, July 19, 2021 /PRNewswire/ — Following a review of its capital structure, Electrolux today announces an adjusted dividend policy of approximately 50% of annual revenue, a proposed automatic share buyback of SEK17 per share and an intention to resolve share buybacks over time. “Over the past few years, ElectroluxRead More →

In deciding whether or not to propose a dividend and in determining the amount of the dividend, the Board of Directors will take into account the legal restrictions, as set out in the Norwegian Companies Act (see section 5.2 “Legal constraints on the distribution of dividends”), the capital of theRead More →

Albion, Mich., June 17, 2021 /PRNewswire/ — KND Systems, an IT software consulting firm focused on supporting professional service providers, family offices and CPAs/wealth management firms, announces a new partnership with market leader Sage business management software in the cloud. KND systems (kndsys.com) will sell, implement, support and develop enhancementsRead More →

MEMPHIS, Tenn.–(BUSINESS WIRE)–Frontdoor, Inc. (NASDAQ: FTDR), the nation’s leading provider of home care plans, today announced that it has successfully completed a transaction to refinance its capital structure. The company expects to reduce annual interest expense by approximately $30 million from 2020, reduce gross debt by approximately $350 million inRead More →

DENVER and VINE, Texas, May 28, 2021 /PRNewswire/ — Global Funding Inc. (CFI)a fast-growing fintech providing flexible financial solutions for healthcare practices, today announced its acquisition by OrthoFi, an innovative software and technology services platform for the specialist orthodontic industry. The combined businesses will leverage the strengths of both companiesRead More →

Millennials — those born between 1981 and 1996, now aged 25 to 40 — make up the bulk of young corporate citizens, including entrepreneurs. They are in media, business process outsourcing (BPO), entertainment, banking and finance, hospitality and hospitality, academia, and many other industries. Often shown living in the moment,Read More →

Slough BC has hired a new financial leadership team after a scathing report on its financial management procedures revealed ‘inadequate arrangements and insufficient skills and capacity’ within the board to prepare reliable financial statements and working papers supporting. the Grant Thornton report for the year ending March 2019 also identifiedRead More →

Toronto-based FinTech software startup Financial Relay raised a Series A round of C$18.2 million (US$15 million) to expand its team and help more small businesses across the United States manage their finances. The round, which was led by Bain Capital Ventures of San Francisco, closed earlier this month andRead More →

WASHINGTON, April 22, 2021 – The World Bank Board of Directors has approved $400 million in financing from the International Development Association (IDA) to help Pakistan accelerate investments in education and health services in the province of Khyber Pakhtunkhwa (KP). the KP Spends effectively for improved development (SPEED) will helpRead More →

By Mary Suiter Now more than a year into the pandemic, parents and educators know all too well the stresses of distance learning and intermittent school closures. The prospect of a return to some kind of “normalcy” calls for cautious optimism. Yet the pandemic will cast a shadow over theRead More →

AccountsIQa financial management software (FMS) startup founded by a team of accountants (when accountants want to be entrepreneurs, you know startups are a thing), raised €5.8 million in funding. Finch Capital, the fintech-focused VC that recently launched its third fund, is backing the Dublin-based firm, which targets mid-sized businesses thatRead More →

Acquisition expands access to capital in the Canadian factoring industry at a critical time TORONTO, December 16, 2020 /PRNewswire/ – Revolution Capital, the leading provider of factoring and cash flow financing in Canada and United Statesacquired Grand Financial Management Inc (GFM), which specializes in providing factoring services to the CanadianRead More →

A personal wealth strategy goes beyond simply managing financial portfolio goals to achieving life goals. Comprehensive estate and trust planning, coupled with strategic financial management, helps clients better achieve their estate goals. However, quite often there are many determining factors that come into play when planning the future of yourRead More →

Goldman Sachs announced Wednesday that United Capital, the registered investment adviser it acquired about six months ago, will be renamed Goldman Sachs Personal Financial Management. The change will likely happen in the spring, said United Capital CEO Joe Duran, whose title will become director of Goldman Sachs Personal Financial Management.Read More →

A company dividend Policy generally refers to a set of rulings and a set of guidelines that describe how the company handles distributions of profits or assets to its shareholders. The dividend policy is important because it describes the size, method, type and frequency of dividend distributions. At the highestRead More →

What is capital budgeting? Capital budgeting is the process a business undertakes to assess potential major projects or investments. The construction of a new factory or a large investment in an outside company are examples of projects that would require capital budgeting before being approved or rejected. As part ofRead More →

What is the capital structure? Capital structure is the particular combination of debt and equity used by a company to finance its overall operations and growth. Equity comes from ownership shares in a business and rights to its future cash flows and earnings. Debt comes in the form of bondRead More →

What is a dividend policy? A dividend policy is the policy a company uses to structure the payment of its dividends to shareholders. Some researchers suggest that the dividend policy is irrelevant, in theory, because investors can sell part of their stocks or their portfolio if they need funds. ThisRead More →

What is Strategic Financial Management? Strategic financial management means not only managing a company’s finances, but managing them with the intention of achieving success, i.e. achieving the long-term goals and objectives of the company and maximizing the shareholder value over time. Key points to remember Strategic financial management is aboutRead More →

What is a complex capital structure? The use of different forms of securities, rather than relying solely on one class of common stock. A company with a complex capital structure may have a combination of several different varieties of common stock classes, each offering different voting privileges and dividend rates.Read More →

If you’re an equity investor who likes companies with good fundamentals, a strong balance sheet is important to consider when looking for investment opportunities. Using three main types of metrics – working capital, asset performance and capital structure – you can assess the strength of a company’s balance sheet andRead More →

VSCapital budgeting is a multi-step process used by businesses to determine the value of a project or investment. A business can use capital budgeting to determine if it should expand its warehouses, invest in new equipment, or spend money on specialized training for its employees. The capital budgeting process consistsRead More →