Urabandai SS http://urabandai-ss.com/ Wed, 28 Sep 2022 04:17:04 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://urabandai-ss.com/wp-content/uploads/2021/09/cropped-icon-32x32.png Urabandai SS http://urabandai-ss.com/ 32 32 CFP management committee meeting ends without decision on rapid expansion to 12-team format https://urabandai-ss.com/cfp-management-committee-meeting-ends-without-decision-on-rapid-expansion-to-12-team-format/ Wed, 28 Sep 2022 01:33:04 +0000 https://urabandai-ss.com/cfp-management-committee-meeting-ends-without-decision-on-rapid-expansion-to-12-team-format/

ROSEMONT, Ill. — After a lengthy in-person meeting on Tuesday, the college football playoff management committee still needs more time to determine if the playoffs can expand to 12 teams as early as 2024, the CFP executive director said. , Bill Hancock.

“We won’t finish this week,” Hancock told a small group of reporters following a meeting that lasted nearly seven hours at Big Ten headquarters. “It’s never been done before, obviously. And so any time you have new ground to explore, it takes a lot of talking to make sure you don’t miss any details.”

The 10 FBS commissioners and Notre Dame athletic director Jack Swarbrick will meet again for two hours on Wednesday morning, but expect to hear more at an Oct. 20 meeting in Dallas. Big 12 commissioner Brett Yormark said the group would have video conferences by then.

Hancock said the commissioners continued to discuss the possibility of moving the entire season to Week 0 to accommodate an expanded field, but there are still questions about the feasibility of implementing such a drastic change so quickly. An earlier start would move the conference championship games to Thanksgiving weekend.

“I think most people look at this as a future item, a long-term item,” he said. “I don’t want to rule anything out, but that’s my answer.”

Tuesday was the second in-person meeting of the steering committee this month after the 11 presidents and chancellors who make up the CFP’s board of governors voted unanimously on September 2 to expand the playoffs to 12 teams in 2026, otherwise earlier.

Hancock said commissioners were continuing to discuss revenue shares and ticket allocations for first-round games, and needed to see if hotels and convention centers in host cities could accommodate an expanded field sooner. The CFP has already announced that Atlanta will host the national championship game in January 2025, followed by Miami in 2026.

Hancock said conversations with Atlanta have been “healthy,” but they “have some work to do with other business in the community.”

“It’s harder,” Hancock said of 2024. “It’s going to be harder because it comes first.”

They also need to figure out how the six New Year’s Bowls will handle the rotation, as all four quarter-final matches and two semi-final matches would be played in bowls. They are expected to agree on a TV contract for the first-round matches. (ESPN would retain control, through existing bowl and playoff deals, of the quarterfinals, semifinals, and title game until the current contract expires after the 2025 season.)

Pinwheel Announces Earnings Stream to Provide Real-Time Consumer Earnings Data with Persistent Connectivity to Payroll and Time and Attendance (T&A) Platforms https://urabandai-ss.com/pinwheel-announces-earnings-stream-to-provide-real-time-consumer-earnings-data-with-persistent-connectivity-to-payroll-and-time-and-attendance-ta-platforms/ Tue, 27 Sep 2022 15:00:00 +0000 https://urabandai-ss.com/pinwheel-announces-earnings-stream-to-provide-real-time-consumer-earnings-data-with-persistent-connectivity-to-payroll-and-time-and-attendance-ta-platforms/

With Earnings Stream, fintechs and financial institutions can seamlessly support new products, such as cash flow underwriting and easier access to earned salaries (E.W.A.), to alleviate the financial stress of traditional underwriting and traditional pay periods, creating a fairer financial system. Pinwheel’s higher-level information (projected revenue or accrued revenue) is powered by consumer-authorized real-time data connectivity.

NEW YORK, September 27, 2022 /PRNewswire/ — Today, Pinwheel, the leading provider of earnings and employment data designed for next-generation fintech innovation, announced the launch of Pinwheel Earnings Stream. Pinwheel’s latest product provides an unprecedented level of persistent, up-to-date historical, current, and projected revenue data.

For banks or fintechs to create new net financial products tailored to a consumer’s unique income and employment status, they would need to fetch data from thousands of payroll providers and dozens of T&A platforms. This is further complicated by the subsequent need to analyze and make sense of the recovered data. Pinwheel is the only provider that eliminates these barriers by connecting to these sources and aggregating the necessary information into a single API endpoint. Using advanced machine learning and real pay stub data, Pinwheel can derive net wages earned for any work performed so that the amounts of accrued (salaries earned but not received) and projected (gross wages minus taxes and contributions) are always reliable and accurate.

Compared to current market offerings, Earnings Stream takes earnings data even further by applying robust analytics and insights to help customers understand the data. For example, converting this information into projected revenue is one of the most common next steps after accessing this type of data, so Pinwheel automatically handles this for its customers. Pinwheel plans to continue expanding its already unprecedented level of connectivity to more than 1,600 payroll service providers (covering 80% of American workers) and top 40 T&A platforms. With this, fintechs and financial institutions can leverage Pinwheel’s extra layer of analytics to strengthen their E.W.A. strategy and respond to the overwhelming consumer request for E.W.A..

Earnings Stream is mutually beneficial for consumers as well as banks and fintechs, and is most effective in increasing customer lifetime value and reducing acquisition costs when combined with Pinwheel’s Deposit Switch product, such as E.W.A. the offers encourage customers to move their direct deposit. The powerful combination of these two products enables banks and fintechs to create experiences that present opportunities for long-term customer relationships, while offering services that foster better consumer financial habits.

Based on consumer demand, E.W.A. is the most immediate use case for Earnings Stream, but access to accumulated and projected earnings will open up endless possibilities for innovation, including financial wellness tools, educational services, cash flow underwriting , And much more.

“We have developed Earnings Stream to support our clients’ strategies to meet consumer demand for E.W.A. services, although they have long wanted to offer these products, it has been nearly impossible to execute them at scale across the fintech industry,” said Kurtis Lin, co-founder and CEO of Pinwheel. “E.W.A. is a unique product because it benefits all parties. Consumers are excited about ample liquidity, financial institutions are happy to acquire customers, and employers are happy to see their workers experience less financial stress. We strongly believe that the introduction of Earnings Stream is the first step to help accelerate so many needed changes in the financial industry, such as downplaying the importance of predatory lending or high interest credit cards. I’m proud of our team for developing what we believe is one of the fintech industry’s keys to creating E.W.A. some products. Many of our customers are working on exciting use cases that we’re excited to see coming to market soon.”

“Earnings Stream has been designed so that our clients can better help their customers, especially during this time of economic uncertainty,” said Robert Reynolds, product manager of Pinwheel. “We are excited to offer a new medium that will enable banks and fintechs to provide essential financial tools to consumers, while encouraging customer relationship growth. By creating products that have eliminated the friction of changing deposits direct, consumers can more easily use these services, and banks and fintechs can build longer-term customer relationships.”

Pinwheel’s revenue stream provides:

  • Accrued Earnings: This amount represents wages earned so far in the current pay period, backed by our real-time shift and payslip data provided by our industry-leading connectivity to over 1,600 payroll platforms and more than 40 T&A platforms.
  • Projected Earnings: Projected earnings at the end of the current pay period, with projected pay dates included. This amount is based on complete pay stub data and historical salary information.
  • Payment dates: we also provide end users’ expected payment dates

By removing the need to create and maintain these connections on a case-by-case basis, E.W.A. is fast becoming a mainstream alternative to payday loans or high-interest credit cards, contributing nearly 90% of people living in a constant state of financial stress. The launch of Earnings Stream will help usher in the next generation of financial products and as a result, amazing new consumer products will soon be available. To learn more, visit: https://www.pinwheelapi.com/products/earnings-stream

About Pinwheel: Pinwheel is the leading API in the income and employment market. With Pinwheel, fintechs and financial institutions are empowered to create the next generation of financial products that will help create a fairer financial system. Pinwheel provides access to consumer-authorized income and employment accounts and actionable insights that help them make sense of the data they need to tailor their tools and services to consumers. Pinwheel’s platform has enterprise-grade security protocols to power connections to over 1,600 platforms (covering 80% of US workers), over 40 time and attendance (T&A) platforms and more than 1.5 million employers. From this point of connectivity, major fintechs and financial institutions (such as Block, formerly Square) rely on us to power direct deposit switching, access to earned wages, income verification and employment, and create new innovative products. Pinwheel is also a Consumer Reporting Agency (CRA), making the company the only provider in the space to offer Fair Credit Reporting Act (FCRA) compliant earnings and employment data that lenders can actively use in decision making. Pinwheel is trusted and funded by $77 million by leading investors such as GGV, Coatue, First Round Capital, etc.


Disperse, which brings AI-powered data to construction projects, raises $16M – TechCrunch https://urabandai-ss.com/disperse-which-brings-ai-powered-data-to-construction-projects-raises-16m-techcrunch/ Sun, 25 Sep 2022 23:00:53 +0000 https://urabandai-ss.com/disperse-which-brings-ai-powered-data-to-construction-projects-raises-16m-techcrunch/

Disperse, a UK-based construction technology company that offers an artificial intelligence (AI)-powered platform to help project managers track work and capture construction site data, has raised $16 million in funding.

Founded in London in 2015, Disperse effectively creates a digital version of a complete construction site, including visual snapshots that track work progress to help all stakeholders, wherever they are based, keep track of things . For this, a person employed on the site (for example a project manager) walks around equipped with a standard 360° camera at regular intervals, and the resulting imagery is fed directly into the Disperse platform which processes the visuals. and applies computer vision techniques to figure out what’s going on.

For example, it can help show the status of a project at a given time and resolve conflicts if they arise to determine if a job was completed as it should have been. It also automatically highlights potential issues or bottlenecks while they can still be fixed.

Disperse in action

More broadly, Disperse combines drawings, blueprints, construction schedules and all the elements that go into a construction project to help those at the helm stay on top of everything digitally, reduce risk and make sure everyone is on the same page.


While the trillion-dollar construction industry is often frowned upon for its inefficiency, Disperse founder and CEO Felix Neufeld said it had nothing to do with attitudes, more than it it was about insufficient access to digital technology that can really change the needle.

“I actually view this perception or construction as ‘laggards’ as a misconception,” Neufeld told TechCrunch. “Having worked for years on projects and with companies in Europe and the United States, we can say forcefully that there is no attitude problem – but there is a serious technology problem. many companies and construction teams are willing to try new solutions despite false promises from tech companies, and have ended up with more burden from using technology than added value.

Indeed, Neufeld cited a panoply of technologies spanning workflow, robotics, and building information modeling (BIM) tools as examples where companies are investing in the next big thing, but ultimately going nowhere. .

“We see most of the technology on the sites quickly either becoming completely abandoned or becoming ‘zombie software’, i.e. initiatives are technically still active but only kept alive for perception or contractual obligations, without fulfilling their functional purpose,” says Neufeld.

Other notable space players include San Francisco-based OpenSpace, which recently raised $102 million in funding, and Israel’s Buildots, which closed a $60 million funding round. It is therefore clear that investors are still keen to support the next big players in the construction industry.

“I would say that the challenges of the pandemic have partly helped drive investment in this space, but also the productivity issue is still a huge elephant in the room in one of the biggest industries in the world,” Neufeld continued. . “Construction accounts for about 12% of total GDP and impacts almost every other industry that depends on it, but construction productivity has completely stagnated over the past 40 years. This is a huge problem to solve, and not easy.

To build

Since its previous fundraising of $15 million in 2019, a lot has changed at Disperse. Previously, the company had focused primarily on London, with big-name clients including construction giants Mace and Multiplex, although it had just launched in New York at that time. In the years since, Disperse has expanded into both markets, with projects currently underway in the Midlands and North of the UK, as well as on the water in Ireland. In the US, meanwhile, Disperse has expanded its work to New York and also has projects in Washington DC and Florida, with clients like Gilbane.

“So far the bulk of our business is still in the UK, where we work with a lot of the major contractors and developers, but given the momentum we have in the US and the size of the market, the US will likely overtake the UK next year,” Neufeld added.

From a product perspective, Disperse has also broadened its horizons beyond residential and commercial projects and now covers all kinds of building types.

“Essentially, if it’s a building, our system can handle it,” Neufeld said. “For example, we now serve a number of projects in healthcare, education, retail and manufacturing.”

With an additional $16 million in the bank, Neufeld also teased a major new product in the works, though he remained coy about the details.

“We can’t announce anything explicitly at this time, but we’ve deeply focused our product and engineering efforts over the past two years on proactive decision-making on construction sites, and the initial launch in sweetness went well,” he said.

Disperse’s latest round of funding was launched by 2150, with participation from Northzone and Kindred Capital.

WorldSBK https://urabandai-ss.com/worldsbk/ Sat, 24 Sep 2022 13:09:00 +0000 https://urabandai-ss.com/worldsbk/

Alvaro Bautista (Aruba.it Racing – Ducati) was able to extend his Championship lead after Race 1 at Circuit de Barcelona-Catalunya as the MOTUL FIM Superbike World Championship paddock gathered for the 2022 Catalunya round. Spaniard secured a convincing victory over eight seconds ahead of his rivals, extending his championship lead to 44 points over Toprak Razgatlioglu (Pata Yamaha with Brixx WorldSBK) after the defending champion finished in fifth place.

The day started with Bautista finishing fifth in the Tissot Superpole session and he lined up from the second row of the grid for Race 1. However, he got off to a flying start and was able to take the race lead at the turn. 1 and led every lap during the 20-lap race. He became the first rider to lead every lap from fifth or lower since Jonathan Rea (Kawasaki Racing Team WorldSBK) did so at Jerez from ninth in Race 2 in 2017.

Bautista’s pace was incredibly consistent throughout the race, running in the 1’41 or 1’42 bracket until lap 13 of 20 before dropping into the 1’43s. His only lap times slower than the 1’43 range came on laps 19 and 20, the latter including when he lifted the throttle to celebrate his home victory on the line; with a winning margin of more than eight seconds over Jonathan Rea (Kawasaki Racing Team WorldSBK) who finished second.

Speaking about his Race 1 and his management, Bautista said: “I’m really happy to have won Race 1 here, especially after Race 2 at Magny-Cours which I couldn’t finish. To finish the race in first position was very special, to do it in front of my friends, my family and my fans was very nice. Today, the key was tire consumption. I didn’t have a good Superpole but in the end I was able to get a good start, so I took the lead in turn 1. At that point, it was difficult because I didn’t want to push too much to do not use or stress the rear tire. At the same time, I have to close the door so as not to let the other runners pass. It was a difficult situation. I had some contact with other riders behind me. In the end, I was able to manage, and I can take some advantage after a few laps. I started to ride more comfortably, more relaxed, and I can find my rhythm.

Bautista will have the chance to seek more glory at home on Sunday with the Tissot Superpole Race and Race 2, each of which has its own strategy. The championship leader explained how his approach to the 10-lap Superpole Race will differ from that of Race 1 as well as the changes he and his team will be looking to implement on the Ducati Panigale V4 R machine.

Bautista explained: “It’s totally different. Today, it was important to manage tire consumption. Tomorrow, in the Superpole Race, it doesn’t matter. You have to go out and refuel until the last lap. Of course, there will be more battles. Now we have to work a bit on the electronics and on the bike, because I think that today, especially in Superpole, I’m missing some improvements in the electronics. Because we worked on the race pace we missed something for Superpole and tomorrow we have to make a small change to make the Superpole race faster and more competitive and use the tire more.

Watch more amazing action from Catalunya using the WorldSBK VideoPass!

Symrise Trusts Kyndryl’s Skills and Expertise for Digital Workplace Management https://urabandai-ss.com/symrise-trusts-kyndryls-skills-and-expertise-for-digital-workplace-management/ Thu, 22 Sep 2022 06:15:58 +0000 https://urabandai-ss.com/symrise-trusts-kyndryls-skills-and-expertise-for-digital-workplace-management/

HOLZMINDEN and KELSTERBACH, Germany, September 22, 2022 — Symrise AG, a leading producer of fragrances, flavors, foods, nutrition and cosmetic ingredients, has entrusted its strategic partner Kyndryl, the world’s largest provider of IT infrastructure services, with the modernization and standardization 13,000 of its digital workstations at more than 100 of its sites. worldwide. The work extends the companies’ Global Workplace Computing Services contract by three years.

Over the years, Symrise has experienced strong internal growth by diversifying its original core business. These changes, along with numerous business acquisitions, led to the decision to modernize the company’s IT infrastructure and the overall management of its office systems in an effort to improve productivity and employee satisfaction. They also position the company to achieve long-term goals, including its approach to sustainability, which is central to Symrise’s broader corporate strategy.

“We have relied on the expertise of IBM Managed Infrastructure Services since 2016,” says Stefan Tittel, CIO at Symrise AG, “and with the help of Kyndryl as a strategic partner, we manage approximately 13,000 digital workplaces in over a hundred locations around the world now.

Services provided by Kyndryl experts focus on optimizing and automating service-related processes, such as software and hardware provisioning. These changes allow Symrise employees to get support in five languages ​​from the Global Service Desk. It also provides access to Kyndryl’s Customer Innovation Center to streamline IT asset management, device lifecycle management, endpoint management, and office print services.

“Kyndryl supports us with teams of people specially familiar with our general terms and conditions of business. This helps us to continuously improve our internal processes and provide a reliable and modern digital workplace to our employees,” adds Paul Watzlawik, Director of IT Infrastructure and Service Management at Symrise.

“The service offering has been specifically tailored to Symrise’s needs and provides the best possible IT support to its staff. Workplace processes now use international standards worldwide, making it easier for employees to manage day-to-day processes,” says Markus Koerner, President of Kyndryl Germany.

About Symrise
Symrise is a global supplier of fragrances, flavors, food, nutritional and cosmetic ingredients. Its customers include manufacturers of perfumes, cosmetics, food and beverages, pharmaceuticals, and producers of nutritional supplements and pet food. Its revenue of €3.8 billion in fiscal year 2021 makes Symrise a leading global provider. Based in Holzminden, Germany, the group is represented by more than 100 locations in Europe, Africa, the Middle East, Asia, the United States and Latin America. Symrise works with its customers to develop new ideas and market-ready concepts for products that are an integral part of everyday life. Economic success and corporate responsibility are inextricably linked in this process. Symrise – always more inspiring… www.symrise.com

About Kyndryl
Kyndryl (NYSE: KD) is the world’s largest provider of IT infrastructure services, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex and critical information systems the world depends on every day. For more information, visit www.kyndryl.com.

DailyPay Announces Fee-Free Earned Salary Access Option https://urabandai-ss.com/dailypay-announces-fee-free-earned-salary-access-option/ Wed, 21 Sep 2022 13:00:00 +0000 https://urabandai-ss.com/dailypay-announces-fee-free-earned-salary-access-option/

NEW YORK, September 21, 2022 /PRNewswire/ — Continuing its mission to create a new financial system that works for everyone, DailyPay announces a new no-fee transfer option (1-3 business days). Millions of American workers nationwide will now have a no-cost transfer option so they can pay bills, spend, save, or invest at their own pace. This announcement comes after the recent introduction of DailyPay Friday by DailyPay™, a general purpose reloadable app and card that allows DailyPay users access to instant EWA for free if they upgrade their direct deposit to Friday.

In partnership with major U.S. employers, DailyPay works with businesses to bring financial tools to their workforce by providing employees, many of whom are often unbanked or underbanked, with access to Pay Balance, payment at demand and a much-needed financial lifeline and cash flow. the solution. This service has provided much-needed financial support to workers during the pandemic and may be particularly relevant in providing financial flexibility to so many struggling with high inflation. In fact, 75% of hourly workers have struggled to pay their expenses this year, according to a recent Harris Poll commissioned by DailyPay and Funding Our Future. DailyPay will be rolling out its new one to three business day fee-free transfer option to its user base over the coming weeks.

“It’s all about choice and access,” said Matthew Koko, Vice President, Public Policy, DailyPay. “Our users now have the option of paying a small ATM-like fee for an immediate transfer or a no-fee option for a transfer within one to three business days. We have also recently rolled out Friday, a new reloadable general purpose (GPR) prepaid card and app, which allow users to instantly receive transfers at no cost. These measures align with our mission to provide millions of Americans with access to their paychecks and the ability to take control of their finances on their own schedule.”

Using on-demand pay can provide workers with a more optimal way to make ends meet. A study by the Aite-Novarica Group commissioned by DailyPay shows that workers who previously depended on payday loans, overdraft fees, borrowing from friends and late fees can save several hundred dollars a year in reduced interest on loans, overdraft fees and late fees when using DailyPay.

The study also reveals that 95% of DailyPay users who previously relied on payday loans either stopped using payday loans or reduced their usage after DailyPay. Additionally, 97% of those who said they had overdrafted their bank account before using DailyPay said they rarely or never incurred overdraft fees (79%) or less overdraft fees (18%) after using DailyPay. Reducing the need to rely on payday loans, payday advances, or personal loans from family and friends allows workers to improve their credit, accumulate savings, and feel more financially capable and independent. New research in 2022 by the Mercator Advisory Group confirmed similar results on the financial well-being of workers.

About Daily Pay

DailyPay, Inc., powered by its cutting-edge technology platform, is on a mission to create a new financial system for everyone. DailyPay offers the industry-leading on-demand payment solution with modern, insight-driven compensation strategies that help leading U.S. employers activate their workforces and build stronger relationships with their employees so that they feel more engaged, work harder and stay longer. With its vast data network, proprietary funding model and connections to over 6,000 banking system endpoints, DailyPay ensures that money is always in the right place at the right time for employers, merchants and financial institutions. DailyPay is headquartered in New York Citywith operations based in Minneapolis and Belfast. For more information, visit www.dailypay.com/press.

Media Contacts
David Schwarz
E-mail: [email protected]

Gabriella Lourie
E-mail: [email protected]


Taulia and Standard Chartered Sign Memorandum of Understanding to Advance Working Capital Management Solutions and Strengthen Financial Supply Chains https://urabandai-ss.com/taulia-and-standard-chartered-sign-memorandum-of-understanding-to-advance-working-capital-management-solutions-and-strengthen-financial-supply-chains/ Wed, 21 Sep 2022 06:05:00 +0000 https://urabandai-ss.com/taulia-and-standard-chartered-sign-memorandum-of-understanding-to-advance-working-capital-management-solutions-and-strengthen-financial-supply-chains/

SAN FRANCISCO AND SINGAPORE–(BUSINESS WIRE)–Taulia, a leading provider of working capital solutions, and Standard Chartered have signed a memorandum of understanding to collaborate on a range of working capital financing solutions, with an initial focus on providing supply chain and dynamic discounting. This is the first memorandum of understanding that Taulia has signed with a banking institution, following the acquisition of Taulia by SAP.

As part of the agreement, both parties will seek to offer supply chain finance and dynamic discounting solutions, enabled by Taulia’s market-leading front-end platform and deeply integrated technology. Combined with the strength of Standard Chartered’s global presence, particularly in emerging markets, its trade finance expertise and deep client relationships, the collaboration will help clients build the resilience and sustainability of their chains. supply chain, allowing their suppliers to access working capital more efficiently. and profitably.

Through this collaboration, Standard Chartered and Taulia will join forces to extend the reach of their working capital financing solutions across existing and new customer networks, particularly multinational companies who need expertise and support for global and local levels. This will be further enhanced by the recent acquisition of Taulia by SAP, which will open up new opportunities in SAP’s growing ecosystem to deliver a differentiated experience for buyers and suppliers.

“We are proud to announce the signing of the Memorandum of Understanding with Standard Chartered and this marks another step in Taulia’s journey to grow our banking network and work closely with our partners to deliver working capital solutions to all of our customers,” said Thomas Mehlkopf, Head of Working Capital Management CoE at SAP and a member of Taulia’s management team. “We believe all CFOs should focus on their cash strategy to ensure growth in these turbulent times and our partnership with Standard Chartered will provide liquidity when and where it is needed, particularly in emerging markets.”

“Ensuring that our customers manage their working capital effectively is a critical priority to ensure the sustainable growth of their businesses, especially with the complexities and challenges of today’s supply chains,” said Kai Fehr. , Global Head of Trade and Working Capital, Standard Chartered. “We are delighted to work with Taulia to explore new and innovative ways to meet our clients’ working capital needs, as well as to extend the Bank’s leading expertise in sustainable commerce to their network of customers. ‘business. Taulia’s footprint also complements that of the Bank, providing us with greater opportunities to support Western companies in their supply chain flows to Asia, Africa and the Middle East.

— ENDS —

Note to Editors

About Taulia

Taulia is a fintech provider of working capital management solutions headquartered in San Francisco, California. Taulia helps companies access the value linked to their payables, receivables and inventories.

A network of over 2 million businesses use Taulia’s platform to determine when they want to pay and get paid. Taulia enables its customers to execute their working capital strategies, support their suppliers with prepayment, and help build sustainable supply chains.

Taulia processes more than $500 billion each year and is trusted by the world’s largest companies, including Airbus, AstraZeneca and Nissan.

In March 2022, Taulia joined SAP. Taulia operates as an independent company with its own brand within the SAP group. For more information, visit www.taulia.com.

Standard charter

We are a leading international banking group, present in 59 of the world’s most dynamic markets and serving clients in 83 others. Our goal is to drive commerce and prosperity through our unique diversity, and our heritage and values ​​are expressed in our brand promise, Here For Good.

Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.

For more stories and expert opinions, please visit Insights on sc.com. Follow Standard Chartered on TwitterLinkedIn and Facebook.

]]> University of Dayton Integrates Catholic Mission Through Ethical Procurement https://urabandai-ss.com/university-of-dayton-integrates-catholic-mission-through-ethical-procurement/ Tue, 20 Sep 2022 16:06:32 +0000 https://urabandai-ss.com/university-of-dayton-integrates-catholic-mission-through-ethical-procurement/

BY KELLY SWAN | August 9, 2022

In the summer of 2021, Julie Banks and Jennifer Napier, both of whom work for the University of Dayton, were invited to attend a workshop hosted by the Ignatian Solidarity Network (ISN)—Working Together: Building a Catholic University Culture of Ethical Consumption.

The workshop was the unofficial launch of a new initiative resulting from a partnership between ISN and Ethix Merch, a supplier of ethical promotional products, called the Catholic Ethical Purchasing Alliance (CEPA). The presence of Banks and Napier at the workshop created a rapid synergy between CEPA and the University of Daytonespecially around work ethically source promotional products and apparel for Catholic campus bookstores.

A display of sustainable and ethical products in the University of Dayton Bookstore, featuring UD brand shirts, hats, tote bags and beanies from COLLECTION, a member of the Carolina Textile District.

The University of Dayton has a long-standing commitment to ethical sourcing on campus, with sustainability being a priority since the 1970s. The school became the 38th U.S. Fair Trade Campus in 2016, and sustainable, fair trade and other ethically sourced products can be found on campus in the bookstore, copy center, cafes, dining halls and even includes a thrift store for UD clothing. The university has adopted this as part of its mission as a Catholic university in the Marianist tradition as a way to “promote liberty, equality, and the sanctity of life.”

Sara Harrison, another UD employee, is the school’s executive director of purchasing and fee-based services. Part of her role on campus is to track purchases for the common good, monitoring supplier diversity, sustainability, fair trade status, and human rights with respect to items purchased by the university. The fundamental question she is charged with asking, she explains, is “how much do we spend to support the things that are important to us” as a Catholic and Marianist university?

Jennifer Napier, who attended ISN’s Ethical Purchasing Workshop in 2021, is Senior Commodity Manager at the University of Dayton. His work at UD has always focused on ethical sourcing, including finding suppliers who do “more” but are not “certified”. This is where CEPA came in – UD is quite unique in that the campus bookstore is owned by the university itself, so its agility in adding new products is high. Napier was struck by CEPA’s work, particularly with ethical producers in the United States across Ethix Merch-including the Carolina Textile District—a member-led, member-driven network of values-aligned textile manufacturers in North and South Carolina with whom CEPA and Ethix have a strong relationship.

University of Dayton Integrates Catholic Mission Through Ethical Procurement

UD branded socks ethically made from recycled materials, from COLLECTION.

UD is very committed to telling the story of the products it buys, and CEPA’s work plays directly into that commitment. The Carolina Textile District, in particular, has a captivating story to tell— including the revitalization of a historic region of textile production, the cultivation and processing of local and sustainable cotton, and the ways in which a worker-owned factory business model can meet the needs of workers and their families.

CEPA’s products also touch on several priorities of UD’s purchasing program, namely personal care, but also a concept called the circular economy, part of the story that UD can tell about the products of his library. The circular economy model is essentially a zero-waste way of doing business – eliminating manufacturing waste and even creating new products from old ones, including recycling old socks into new university-branded socks.

The next step in UD’s CEPA commitment is to engage students in the work. When school resumes in the fall, the student government association will be called upon to provide input into product marketing and as student ambassadors, promoting CEPA’s products to their peers and enabling university staff to further train students in UD mission and Catholic social. teach…train individuals who challenge oppressive systems through their collective purchasing power.

]]> Financial insight with Mekupi Kambatuku – Improve your working capital position https://urabandai-ss.com/financial-insight-with-mekupi-kambatuku-improve-your-working-capital-position/ Tue, 20 Sep 2022 10:12:34 +0000 https://urabandai-ss.com/financial-insight-with-mekupi-kambatuku-improve-your-working-capital-position/

Based on last week’s article, here’s an overview of how you can improve your working capital and liquidity.

Working capital is the difference between current assets and current liabilities, which measure a company’s liquidity.

The liquidity of a company is calculated with the current ratio.

As a demonstration, a current ratio of 2:1 means the firm has $2N of current assets for every $1N of current liabilities.

This indicates a company’s ability to meet its short-term obligations.

Without working capital, farms may not be able to reinvest in their agricultural production or livestock growth.

Additionally, it means that farmers may not be able to pay their employees on time or reinvest in new reliable equipment.

In an agricultural industry, like any other, it takes money to make money.

Good working capital is what helps you weather economic storms.

Farm businesses without good working capital run the risk of having less cash available for day-to-day operations, insufficient crop inventory, fewer market livestock, fewer prepaid expenses, the likelihood of more bills unpaid debts and possibly more operating debts.

However, agripreneurs can improve their working capital in several ways:

Asset purchases

It is recommended to limit capital purchases unless extremely necessary during these downturns. It is also imperative that you look into underutilized or obsolete equipment that could be exchanged for cash to boost your cash flow.

Asset Management

Are your assets functioning at an optimal level? Are they fully productive? What opportunities lie in the optimal use of your assets? These are examinations that must be undertaken.

Debt restructuring

What is your debt structure? Do you need to review and restructure your debt?

Reduced operating costs

Again, what is your monthly farm operating expense setup? Are there any expenses that can be waived?

Ownership versus rental

There are options to free up working capital by reviewing rental agreements versus ownership.

Inventory management

Inventory, as part of current assets, has a huge impact on your working capital. Here you can review your inventory turnover and cost of ownership, depending on the type of farming.

Creating and tracking a budget

Be sure to create a budget specific to each farm business. This would allow an agripreneur to see the performance of each business unit after reviewing actual performance against forecasts.

Reduced monthly family expenses

The family’s monthly living expenses can also be reviewed to look at options to reduce and free up funds. To mention just a few points, other options may be available.

Thus, for agribusiness to thrive beyond survival, it is important to understand the importance of agricultural financial management concepts, such as working capital and liquidity to ensure the profitability and longevity of the business. ‘agro industry.

– admin@simpliadvisory.com