July 31, 2024

Author

Alex Lazich
July 31, 2024

Alex’s Note

Heartbroken for George Russell and Mercedes at this last weekend’s grand prix - a close call in an exciting F1 season. Shoutout to all the Olympians, I’ve particularly enjoyed watching Kayaking Slalom.

Onto the ERP news.

Salesforce and Workday are teaming up to develop an AI employee service agent aimed at streamlining and enhancing various HR and administrative tasks. This new tool will automate mundane tasks, provide personalized support, and offer data-driven insights to improve employee efficiency.

Interesting Articles

When you don’t have the experienced workforce, you also don’t have the systems in place to help your companies and towns run. Rural towns in the U.S. are facing significant challenges as they experience aging populations, financial constraints, and a severe shortage of workers, which are straining local economies and services. Efforts to attract younger residents and improve infrastructure are crucial to revitalizing these communities and addressing the workforce gap.

Industry Movement

Sage has expanded its partnership with Stripe to enhance cash flow management and payment processing for small and medium-sized enterprises (SMEs). This integration will offer SMEs streamlined checkout and payment processing, multiple payment methods, and secure, contactless payment options, helping them manage their cash flow more efficiently.

Rillet has secured $13.5 million in Series A funding to transform accounting through its modern ERP solutions. This funding will help Rillet enhance its product offerings, focusing on integrating advanced features such as real-time contextual assistance and automating routine accounting tasks to improve efficiency for businesses.

Stripe has acquired payments processor Lemon Squeezy to enhance its merchant-of-record capabilities, which help businesses manage global sales tax for digital products. This acquisition aims to scale Stripe's services for software and SaaS companies, simplifying digital product sales and expanding their market reach.

Thought Pieces

ERP, EHR, and CRM systems in healthcare can revolutionize operations by integrating financial, clinical, and patient data. Despite challenges like staffing shortages and cybersecurity concerns, adopting these systems offers significant benefits, including streamlined processes, better patient outcomes, and enhanced productivity.

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-Alex