Michele Mattei’s Post

Employee turnover in accounts payable creates challenges we can’t ignore — lost knowledge, workflow disruptions and costly errors. The question is, how do we stay ahead? By focusing on knowledge retention and leveraging automation, businesses can ensure smooth operations regardless of staff changes. I’m grateful to my sponsor, MakersHub, for their insightful piece on this critical issue. It's a must-read for anyone navigating the complexities of AP. Catch the full article and join the conversation on my Substack, Radical New Vision, where we’re challenging old norms and thinking bigger. 👉 link in comments #AccountingAndAccountants #CPA #CPAfirm #AccountingFirm #TaxTwitter #AccountsPayable #FinanceInnovation #RadicalNewVision #FutureOfWork"

Springtime Technologies, a leading provider of AI-driven accounts payable automation software, has received a significant growth equity investment from Scottish Equity Partners (SEP), one of Europe's most respected growth equity firms. This strategic partnership marks an exciting new chapter in Springtime's 20-year journey of empowering enterprises with innovative solutions for financial operations. Springtime's flagship product, Invoicetrack, streamlines finance and operations workflows through automated data extraction and ingestion capabilities, an AI-powered matching engine, and country-specific processing expertise which has been embedded in the solution. These capabilities enable customers to efficiently process invoices across more than 70 countries.   A team of BRANDL TALOS led by Roman Rericha and Adrian Zuschmann advised Springtime and its Founders on this important milestone. Further team members included Joseph Gstöttner and Daniel Habich. Springtime has been further supported by Nomos Legal (Hartmut Schmidtmayr and Mirjam Sorgo). i5invest (Johannes Raidl, Andras Timar and Sheila Kastner) acted as sole financial advisor to Springtime.   "I really enjoyed working with Roman, Adrian and the entire BRANDL TALOS team. Their expertise relating growth investments was a decisive factor in the success of this milestone transaction for Springtime. I am already looking forward to further co-operation" says Markus Hübl, CEO and Founder of Springtime.

As the year comes to an end, I want to reflect on what has been a fantastic year for Candis and share some key insights. 💡 From a single-point to a more all-in-one solution: When we started Candis, we focused on digital invoice approval. At the time, I believed the future of software lay in single-point solutions that are seamlessly integrated. While finance teams can handle several tools, employees want simplicity—a single, seamless tool for their approvals, expenses and credit cards. Thanks to partnerships like our integration with Pliant for credit cards or our push towards building expense and travel management, we’ve taken significant strides toward becoming the all-in-one Financial Operating System for SMEs and midmarket companies. 🔗 Integrations, integrations, integrations: Candis has always stood out with the best DATEV integration in the market. The expertise of Lars Böhnke, Luisa Scholz or Thomas Heudecker has been instrumental in building an integration that accountants love. In 2024, we expanded further by launching an API and integrating with systems like #Sage, #SAP, and #Dynamics - making Candis even more versatile and powerful. 📈 Focus on accountants and ease of use We’re winning deals from all angles—whether against spend management tools or document management solutions. Why? Because Candis combines an intuitive user experience for non-finance employees with deep accounting expertise that professionals trust. Everyone, from employees to accountants, feels the difference. 🏰 Building the castle in Germany: Candis has become the leading invoice management solution in Germany. But we’re not stopping there. We’re expanding into new use cases like expense and contract management, solidifying our position in Germany and setting the stage to go international. 💵 Clear path of growth and profitability: With strong growth and a burn rate of less than €1 for every €1 of ARR generated, we’re on track to become cash-flow positive soon and built a sustainable, forward-thinking business. To our customers, employees, and shareholders: I promise you one thing—2025 will be even better. Thank you for believing in our vision. 🚀 #2024Reflections #YearInReview #FinTech #SaaS #Candis

Frustrated with inefficient supplier onboarding and emerging risks? Struggling with manual risk assessments and outdated compliance checks? SpendConsole.ai, powered by CreditorWatch integration, addresses these critical issues. Our solution tackles the challenges of time-consuming processes, potential supplier risks, and compliance errors that plague many businesses. By automating key tasks and providing real-time financial insights, we're solving the persistent problems in supplier relationship management. This innovation directly addresses the pain points our clients face daily with real time continuous compliance alerts. #InnovationInAction #SupplierManagement #RiskMitigation #FinTech #BusinessEfficiency https://lnkd.in/grFxD6cM

“Challenger was looking to accelerate finance transformation—including reducing time spent on manual tasks and increasing efficiency—to help support business growth. By implementing the Workiva platform, the finance team have scaled processes, increased consistency, and reduced risk across multiple reports, including its 150-page annual report." "It’s estimated that the Workiva platform has already saved us a week in our annual reporting process." “Workiva revolutionized this process. Reporting is now integrated with the general ledger and other source systems. Finance no longer fears that late change to the numbers." #finance #financetransformation #workiva #accounting #platform #efficiency

The (good) struggle is real. Your business is growing ... you're landing new customers ... you need help to manage billing, collections, reporting ... and you need a CFO-level strategy for the future financial state of your business. What are you to do? Do you hire someone for $75k (senior) - 250k (CFO) or bring in a partner who has been there done that? Until you hit Series B+ or surpass $10MM in annualized billings ... a partner likely is the right choice. Less risk, substantially more upside. ... and the reality is it will cost you less in time and money. Partners can do it faster. better. and the best part ... they've done it before. Now the question ... what partner is right for me and most importantly ... are they good? There are plenty of partners who will take (a lot) of your money and leave you with a beautiful strategy deck of real work for ... your team ... to do. If you're below $10MM ... that's not what you need. You need someone who can serve as an extension of your team. ... this is where we can help ... Maxio has launched our #CertifiedPartner program along with our first group of certified partners (Countsy, Definity First, Finvisor and Kruze Consulting). These are partners who have been vetted by our Maxio team with hands-on & in-app training. These partners are purpose built for serving business experiencing rapid change with needs to level up their financial operations. These firms are well versed in Accounting, HR, IT, CFO and many other services. Interested in becoming a partner? Our next batch of certified partners kicks off in June and we'd love to see you there or a subsequent class! See all our certified partners here: https://lnkd.in/g2GvJHYz and signup to learn more if you're interested! ... (p.s. becoming Maxio certified will be available to all customers later this year ... stay tuned!)

Big Announcement! 🔊 Sage Grey Technologies Limited and Sage Grey Finance Limited are Partnering to bring to you a new marketplace experience. Watch this Space! 🗣️ #Sagegreytech #sagegreyfinance

𝐀𝐂𝐂𝐎𝐔𝐍𝐓𝐈𝐍𝐆 𝐅𝐎𝐑 𝐈𝐓 𝐀𝐍𝐃 𝐓𝐄𝐂𝐇 𝐂𝐎𝐌𝐏𝐀𝐍𝐈𝐄𝐒 In the dynamic tech world, financial management demands precision. From managing expenses to scaling operations, accurate accounting ensures startups thrive and IT services grow sustainably. #TechAccounting #ITBookkeeping #StartupFinance #SaaSAccounting #FinancialManagement #TechStartups #AccountingTips Accounting for IT and tech companies is pivotal to their success, given the industry’s unique financial complexities. These businesses face challenges such as complex revenue recognition, R&D cost management, and tax compliance, particularly when scaling operations globally. Leveraging cloud-based accounting software, hiring specialized accountants, and adopting practices like project-based accounting are critical strategies. Regular financial audits, strategic budgeting, and compliance with regulatory standards further enhance financial stability. Tech companies are also encouraged to integrate automation and AI tools into their accounting processes for real-time insights and predictive analytics. By implementing these best practices, tech firms can confidently navigate their financial landscape, enabling sustainable growth and innovation. 𝗥𝗲𝗮𝗱 𝗠𝗼𝗿𝗲: https://lnkd.in/eaRJu7WC

CFOs: Ready to Transform Your Financial Operations in 2025? As you plan for the year ahead, here's a milestone worth considering: SoftCo has been named a “Major Player” in the 2024 IDC Accounts Payable MarketScape report. This recognition underscores the impact of SoftCoAI+, our industry-leading AP automation platform, which achieves an impressive 90% straight-through processing rate. By automating invoice processing, SoftCo significantly reduces the cost, time, and manual effort needed to approve payments, enabling CFOs to focus on strategic financial goals. With seamless integration across multiple ERPs and a proven track record of addressing complex AP requirements, SoftCoAP offers a scalable solution for organizations striving to optimize their accounts payable process and improve operational efficiency. Plan smarter for 2025 by exploring how SoftCo can streamline your AP workflows and drive measurable ROI. 🔗 Learn more at https://hubs.ly/Q0302L-l0 📄 Download the full IDC MarketScape report: "IDC Accounts Payable" https://hubs.ly/Q0302QDp0 #CFO #FinanceLeadership #APAutomation #AI #FinancialTransformation

CFOs: Ready to Transform Your Financial Operations in 2025? As you plan for the year ahead, here's a milestone worth considering: SoftCo has been named a “Major Player” in the 2024 IDC Accounts Payable MarketScape report. This recognition underscores the impact of SoftCoAI+, our industry-leading AP automation platform, which achieves an impressive 90% straight-through processing rate. By automating invoice processing, SoftCo significantly reduces the cost, time, and manual effort needed to approve payments, enabling CFOs to focus on strategic financial goals. With seamless integration across multiple ERPs and a proven track record of addressing complex AP requirements, SoftCoAP offers a scalable solution for organizations striving to optimize their accounts payable process and improve operational efficiency. Plan smarter for 2025 by exploring how SoftCo can streamline your AP workflows and drive measurable ROI. 🔗 Learn more at https://hubs.ly/Q0302z4L0 📄 Download the full IDC MarketScape report: "IDC Accounts Payable" https://hubs.ly/Q0302KBy0 #CFO #FinanceLeadership #APAutomation #AI #FinancialTransformation