Top WorkTech News From the Week of October 4th: Updates from QAD, Sage, Infor, and More
Enterprise Resource Planning Solutions Review
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The editors at Solutions Review have curated this list of the most noteworthy WorkTech news from the week of October 4th. This round-up covers announcements and updates from companies like QAD, Sage, Infor, 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 October 4th.
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Top WorkTech News From the Week of October 4th, 2024
Cleo Releases a New Retailer Relationship Manager Solution
Cleo, an Ecosystem Integration software provider, has released the Cleo Retailer Relationship Manager, a new solution to strengthen supplier-retailer relationships. The tool is built to capture and evaluate real-time situational data, look for anomalies, identify risk signals, and provide companies with contextualized information they can use to take immediate corrective action before a problem occurs. It can also help teams control SLAs and KPIs, detect opportunities to grow order volume, and manage compliance with comprehensive scorecards.
CloudBolt Debuts the CloudBolt Platform
CloudBolt, a Cloud ROI company, has revealed the CloudBolt Platform, built to provide companies with Augmented FinOps. The platform leverages AI/ML-informed insights and intelligent automation capabilities to optimize the complete cloud lifecycle, enabling organizations to prioritize value in every cloud decision. Companies can also use the CloudBolt Platform to gain real-time visibility into their business, automate resource optimization efforts, control costs, improve cloud efficiency, and streamline their public and private cloud management.
ContractPodAi Announces Details on the Leah Intelligence Solution
ContractPodAi, a provider of legal generative AI and contract lifecycle management solutions, has announced Leah Intelligence, a comprehensive contract review solution designed to enhance efficiency and productivity by providing users with the most helpful information at the right moment. Leah Intelligence is powered by multiple large language models (LLMs), including the latest reasoning models from OpenAI. Features include strategy-based contract reviews, contract risk scores, remediation reports, precedent recommendations, a contract helpdesk, and more.
Epicor Acquires Solenium Group and its Visual SKUs Inc.
Epicor, a global provider of industry-specific enterprise software, has acquired Solenium Group Inc. and its sister company Visual SKUs Inc. Both companies are long-standing Epicor partners and Product Information Management (PIM) and Digital Asset Management (DAM) solution providers for businesses in the automotive aftermarket. The dual acquisition will help Epicor further strengthen its place in the automotive aftermarket by allowing suppliers and retailers to create, manage, and distribute information from a single centralized, flexible system.
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Infor Updates its CloudSuite Portfolio with New Features
Infor, an industry cloud solution provider, has announced several platform technology updates for its industry-specific CloudSuite portfolio. The innovations—announced at the company's 2024 Infor Velocity Summit—include a GenAI assistant, ESG Strategy Management capabilities, process mining capabilities, and industry-specific supply chain management enhancements. With these functionalities, companies can enhance the Infor CloudSuites user experience, accelerate visibility into business processes, and develop a systematic approach for setting, meeting, and reporting on their organizational ESG goals.
K?rber Supply Chain Software Completes its Acquisition of MercuryGate
K?rber Supply Chain Software—an end-to-end supply chain solution provider and joint venture between K?rber AG and KKR—has completed its acquisition of MercuryGate International Inc., a transportation management systems (TMS) provider. The acquisition will help K?rber's customers identify new opportunities for operational innovation, equip them with enhanced decision-making capabilities, and maximize visibility for the entire supply chain. This is one of the largest acquisitions in the supply chain software industry for 2024, adding approximately 25 percent to K?rber Supply Chain Software's annual net revenue.
Netgain Launches its Fixed Asset Management Solution
Netgain, an accounting software provider, has announced that its fixed asset management solution, NetAsset, is now available to simplify accounting processes with any ERP solution. The key features of NetAsset include an AI-powered chatbot, dynamic centralized reporting tools, a QuickBooks integration, AI-powered asset import, connectivity with any ERP software, and automated advanced calculations capable of helping users generate reports, apply custom tax depreciation schedules, and produce audit-ready reports.
QAD Reveals New Enhancements for its Adaptive Applications Suite
QAD, a cloud-based manufacturing and supply chain solutions provider, has released several enhancements to its Adaptive Applications suite. The additions include a generative AI assistant for Product Classifications within the QAD Global Trade and Transportation Execution (GTTE) solution, an advanced scheduling tool, expanded process intelligence capabilities, and updates to the user experience. These enhancements will help customers boost factory performance, optimize production decisions, and manage their logistics processes proactively.
Sage Announces its Acquisition of Anvyl
Sage, a technology provider for small and mid-sized businesses, has acquired Anvyl, a supply chain software provider. With Anvyl's end-to-end supply chain software, Sage can offer SMBs a cost-effective Supply Chain Execution (SCE) solution that provides complete visibility for their supply chains. Mark Hickman, the Managing Director for North America at Sage, says, "By integrating Anvyl's technology with Sage's solutions, we're enabling businesses to connect with multiple buyers and suppliers, optimize operations, reduce costs, and enhance customer service—helping them stay competitive in the rapidly growing supply chain execution market."
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