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- October 23rd, 2024
October 23rd, 2024
Alex Lazich
October 23, 2024
Alex’s Note
A shorter newsletter this week! Congrats to the Yankees and Dodgers - it will be an exciting world series. Ferrari seems to have begun a late season renaissance of race wins in F1. I hope everyone’s fantasy football teams are doing okay despite the injuries this past week to various key players.
Onto the ERP news.
Headlines & Trends
Stripe is in advanced talks to acquire the stablecoin platform Bridge, marking a significant step in its renewed focus on cryptocurrency services. This move aligns with Stripe's goal of expanding stablecoin payments, offering faster and lower-cost cross-border transactions for businesses.
Industry Movement
Microsoft announced that starting in November 2024, users will be able to create autonomous AI agents using Copilot Studio. These agents are designed to handle tasks like managing inventory and client communications with minimal human involvement, aiming to boost business productivity.
At TechEd 2024, SAP introduced collaborative AI agents designed to work across different business functions within its Joule copilot platform. These agents will automate complex processes across departments, potentially handling up to 80% of business tasks, offering solutions that reduce manual intervention in tasks like resolving payment disputes or identifying trends in data.
Thought Pieces
Acumatica has introduced a new version of its cloud ERP software tailored for professional services firms, addressing the unique needs of industries such as architecture, engineering, and IT. This Professional Services Edition offers enhanced project management, resource optimization, and financial controls to help firms improve efficiency and complete projects on time and within budget.
If you have any comments or feedback, just respond to this email! Thanks for reading,
-Alex