David Zwick

The right metrics measure performance AND help create value. As Michele Hammann CPA PFS CVA shared on the Best Metrics podcast, understanding your business's value starts with identifying the right operational KPIs and connecting them to your financial metrics. When you measure what matters, you gain clearer insight into where your business is headed. Listen to the full conversation to learn how the right metrics can help drive better decisions and long-term value: https://bit.ly/4g8doy4 #SSC #BusinessValuation #KPIs

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Shared by Shelly TranscendAP Secures Venture Funding to Grow AI-Driven AP Automation Software: TranscendAP said Thursday (Oct. 30) that it secured venture funding to accelerate the growth of its artificial intelligence-driven accounts payable automation software. The firm’s funding round was led by Rittenhouse Ventures and Tech Council Ventures, the company said in a press release. It did not disclose the amount of funding. Its platform helps enterprise AP teams reduce manual processing, improve visibility and lower invoice processing costs by delivering intelligent data capture, workflow automation and exception handling capabilities, according to the release. The platform was launched in 2018 and is now used by enterprise organizations in a range of sectors, including healthcare, higher education and manufacturing, per the release. “AP automation has moved from being a back-office necessity to a true strategic advantage,” TranscendAP Co-founder and CEO Jeff Weinstein said in the release. “Securing this venture funding is a major milestone for us, empowering our team to accelerate AI innovation, expand our platform and continue transforming how organizations across industries manage their accounts payable.” David Nevas, general partner at Rittenhouse Ventures, said in the release that 90% of the market lacks effective AP automation and that TranscendAP’s platform delivers benefits like a 70% reduction in per-invoice costs. “We believe the time to strike this market is now, and TranscendAP is perfectly positioned to capture significant share in the mid-market segment,” Nevas said. Steve Socolof, managing partner at Tech Council Ventures, said in the release that Weinstein and his team have a proven ability to “deliver real enterprise value through innovation.” “We’re confident TranscendAP has the right leadership and technology to redefine AP automation for a broad range of organizations,” Socolof said. TranscendAP began operating as a newly formed company in May 2024 after having been a business unit of Optima Global Solutions since 2018. It was launched to focus on delivering AI-powered AP automation solutions to growing enterprises. The PYMNTS Intelligence and Edenred Pay collaboration “From Back Office to Strategic Powerhouse: AP’s Transformation in 2025” said that 98% of firms still struggle with manual payment processes and that firms that have implemented AI into their AP operations reported significant financial gains. For all PYMNTS AI coverage, subscribe to the daily AI Newsletter. window.pymntsAllowedArticleCount = 3; window.pymntsPostID = 3187939; The post TranscendAP Secures Venture Funding to Grow AI-Driven AP Automation Software appeared first on PYMNTS.com. DM for more details #AI #Automation #AccountsPayable #VentureFunding #Fintech

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A financial model is only as strong as the assumptions behind it, and those assumptions start with your unit economics. The third installment of our four-part series from Juan Arana, CPA breaks down the fundamentals every SaaS and technology company should understand, including customer acquisition cost, lifetime value, retention, and pricing. Read Part 3: https://hubs.li/Q04CntzV0

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What We Do -The Route One Way We serve three kinds of partners - all looking for the same thing: stability and scalability. 1. Founders & Operators – Fractional CFO and FP&A guidance that converts data into direction. 2. Growing Companies – Outsourced accounting that scales with your team and volume. 3. CPA & CFO Firms – White-label support that extends capacity without adding overhead. Add forensic cleanups, turnaround expertise, and audit-readiness -and you get a financial foundation that doesn’t just survive growth, it enables it. At Route One, stability creates trust - scalability creates freedom. #RouteOne #ForensicAccounting #FinancialCleanup #TurnaroundSpecialist #AuditReadiness #ComplianceSupport #Founders 

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The CFO role is no longer confined to reporting or stewardship. As Joel Campbell shares in Forbes, today’s “CFO Plus” helps shape company direction by guiding decisions around growth strategy, M&A and ownership structure. Finance is firmly at the strategy table. https://lnkd.in/ec_6jKFM

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How do you build a company over decades? On the latest episode of CFO THOUGHT LEADER, Magna CFO Phil Fracassa shares how disciplined capital allocation, reinvesting in the business and a focus on execution have helped fuel Magna's growth over the years. Listen to the full episode here: https://bit.ly/4hKMJtQ #ForwardForAll

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Maridea Launches Tax Unit With Strategic Accounting Firm Acquisition FASB expanded hedge accounting rules, making it easier for companies to qualify hedges and reduce earnings volatility. Here’s a breakdown of what changed and how it affects accountants.#Accounting #CPA https://lnkd.in/g7g6F2Eg

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Every decision counts in the first 100 days as a new CFO. This is the window for a CFO to position finance at the center of strategic decision-making. In a Forbes Q&A, Bryan Graiff (Griff) outlines how new CFOs can gain early momentum by building trust across leadership, shifting from backward-looking reporting to forward-looking strategy and optimizing the systems and tools that power the business. He calls out the growing role of AI and why CFOs are uniquely positioned to lead adoption from the top and drive real impact. Dive into the full interview: https://ow.ly/a4a950YhnOl

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