Serrala raises the bar for Accounts Receivable (AR) with the launch of its new Cash Application capabilities, now part of the Alevate AR cloud solution. Designed to eliminate the headaches of manual cash allocation, this fully ERP agnostic, AI powered solution gives finance teams a faster and smarter way to match payments and remittances, cutting days of work down to minutes. With this launch, Serrala offers a complete cloud-native AR solution for the realities of today’s finance teams: automation at scale, seamless integration with any ERP system, and real-time visibility into receivables. Early adopters are already seeing measurable impact: up to 85% straight-through processing rates, a 90% reduction in manual processing and up to 75% faster cash application cycle times. Companies also report up to 40% fewer full-time resources needed to manage cash allocation tasks, freeing teams to focus on becoming more strategic. Nils Strachanowski, VP Product Order to Cash at Serrala said, “Alevate AR, with its advanced cash application capabilities, removes ERP limitations and delivers full transparency and intelligent automation across the entire receivables process regardless of platform. This marks a significant leap toward fully connected, data-driven finance operations. The solution also streamlines deduction handling, reduces error rates and misapplied payments, and delivers real-time KPI dashboards for metrics like DSO and working capital, putting actionable insights directly in the hands of decision makers.
Levelpath’s AI agents unify model grounding, context management, orchestration and identify the relevant business context to solve real procurement challenges such as sourcing event creation, supplier onboarding, and risk assessments
AI-native procurement platform Levelpath announced $55+ million in Series B funding led by Battery Ventures, bringing the total raised to $100 million. At their core, Levelpath’s AI Agents are designed to act autonomously and proactively on behalf of users, solving real procurement challenges such as sourcing event creation, supplier onboarding, and risk assessments to drive exponential productivity. These AI Agents do not simply support rigid and fragile task automation; they deliver smarter workflows, faster deployment, and predictable outcomes from day one. With preconfigured agents available out of the box, teams can immediately benefit from enhanced decision-making and operational efficiency without the need for complex IT support. Powered by Hyperbridge, Levelpath’s AI-native architecture, these AI Agents unify model grounding, context management, and orchestration while ensuring secure, compliant data handling. By identifying the relevant business context, routing queries to the most suitable large language models, and tailoring outputs to specific organizational needs, Levelpath empowers procurement teams to achieve greater efficiency and impact, with fewer resources. This foundation enables organizations to benefit from rapid AI innovation without the need for constant due diligence on the models or integrations themselves.
Tailor offers a highly customizable option through a “headless” system that separates the back end (core) which manages key functions like inventory management and accounting from the front end (UI), allowing for independent development of the front end
ERP platform Tailor has raised $22 million in a Series A funding round. ERP systems typically come with a single interface that includes all the necessary functions, but this can be inflexible and restrict customization options. In contrast, a “headless” ERP system separates the front end (user interface) from the back end (ERP core), co-founder and CEO of Tailor, Yo Shibata, told. The back end manages key functions of the ERP system, like inventory management and accounting, allowing for independent selection or development of the front end. This setup lets Tailor’s system, Omakase, allow AI agents to securely access its ERP system via API to automate tasks such as summarizing customer histories or triggering workflows, he added. Shibata believes Tailor’s position as a “headless,” highly customizable option will give it a competitive advantage. Tailor’s product, available in the U.S. and Japan, originally targeted retail and e-commerce customers as these industries face specific challenges arising from dynamic supply chains, market expansion, and uncertain geopolitical factors, Shibata told TechCrunch. Omakase automates workflows and manages businesses’ operations like inventory, fulfillment, finance, purchasing, and omnichannel management.
Consortium launches a real-time, yield-bearing blockchain settlement network powered by a tokenized treasury fund to deliver scalable, and inclusive settlement for digital assets
Arca Labs, Tassat Group and tZERO Group announced the launch of Lynq, a real-time, yield-bearing settlement network powered by a tokenized treasury fund custodied at a special purpose broker-dealer. This announcement comes after more than a year of market engagement, platform development and the creation of the Arca Institutional U.S. Treasury Fund “TFND”, a tokenized treasury fund that issues shares as digital asset securities. Scheduled for go-live in Q2, 2025, Lynq was developed in collaboration with leading digital asset institutions to deliver an efficient, scalable, and inclusive settlement solution. Lynq’s launch partners, which include B2C2, Galaxy and Wintermute, will assist with counterparty onboarding to accelerate network adoption and drive initial liquidity. Additional partners include U.S. Bank, which will provide treasury management services to the Lynq ecosystem and serve as Lynq’s qualified cash custodian, and Avalanche, which will provide the open-source Layer 1 blockchain network on which TFND shares will be issued and rebalanced. Lynq operates within a legal framework that leverages tZERO’s Broker-Dealer and Special Purpose Broker-Dealer licenses as well as Arca’s Registered Investment Adviser and Delaware Trust. This innovative architecture, paired with Tassat’s widely adopted, real-time blockchain infrastructure, provides clients with segregated account security, transparent proof of reserves, and broad ecosystem connectivity, all on a familiar and trusted platform.
Invoice factoring platform for SMBs FundThrough acquires consumer brands-focused fintech Ampla to help more businesses solve their cash flow problem through digital-first ecosystem
FundThrough, the fintech invoice factoring platform for SMBs, announced its acquisition of Ampla, the provider of financial technology solutions for consumer brands offering working capital, business banking, corporate cards, and analytics. Ampla surpassed +$2B of loan originations and handled +$5T of transaction volume through its platform. This strategic acquisition strengthens FundThrough’s digital-first ecosystem, creating an unrivaled platform explicitly designed for small businesses that sell to larger companies and wait to get paid after invoicing. Steven Uster, FundThrough’s CEO said “Ampla’s technology significantly enhances FundThrough’s AI-powered model, enabling us to level the playing field further. With Ampla, we can scale faster, enhance our credit underwriting and monitoring processes, and help even more businesses solve their number one pain point, cash flow.” In addition to the acquisition, FundThrough also raised $25 million in its Series B round, led by existing investor Klister Credit Corp., an early and large investor in both Shopify and FundThrough. This strategic investment fuels aggressive expansion into key growth areas, including further acquisitions, investments in technology and AI, enhanced UX, and accelerated product innovation.
Emburse’s AI-powered app for enterprise expense management provides multilingual functionality and uses OCR transcription to accurately capture receipts, auto-populate expense details and streamline reporting
Emburse has launched a new travel and expense mobile app incorporating Emburse AI to make it easier for employees to submit expenses and for managers to approve them. The newly refreshed Emburse Enterprise app uses artificial intelligence to accurately capture receipts, autopopulate expense details, streamline expense reporting and accelerate reimbursement. “It delivers a smooth, intuitive experience that accelerates reimbursements and payments while helping enterprises track and control their spend,” Emburse Chief Product Officer Paul Nagy said. “Accuracy is significantly boosted across language, currency and handwritten values.” For business travelers, Emburse Enterprise provides multilingual functionality and AI-powered OCR transcription, smart receipt capture that eliminates the need for paper receipts and manual data entry, and a personalized dashboard that provides a clear starting point for the capture, review and submission of expenses. For managers, the mobile app supports both full and partial expense report approval, so approvers can take action on relevant line items without waiting for other approvers to handle the other line items. Where application, Emburse Enterprise can also enable approvals of pre-approvals, invoices and purchase orders.
FIS next-gen enterprise treasury platform runs on public cloud and enables harnessing data from multiple sources such as ERP systems and bank APIs, to enable cash-management analysis in real time
FIS has launched its next-generation enterprise treasury platform, Treasury and Risk Manager – Quantum Cloud Edition. This cloud-native solution can support increased workloads, larger transaction volumes, and increased enterprise connectivity, scaling these capabilities to provide CFOs and corporate treasurers with greater visibility of risks; improved data-driven decision-making; and faster, more efficient money movement. FIS is launching its enhanced solution as CFOs and corporate treasurers increasingly need to accelerate performance across their technology infrastructure. According to EY, 65% of businesses have made strategic investments in the cloud, but only 32% are achieving their goals for the technology, a dynamic that reinforces the importance of true scalability for more effective cloud-based ecosystems. By running on a public cloud, this solution not only features stronger data processing power and connectivity, but also can provide a new level of flexibility for quicker implementations, faster product upgrades and more seamless rollouts of new capabilities. In addition to leveraging the power of the public cloud, this version of FIS’ treasury and risk management solution offers a new Liquidity Hub module for harnessing data from multiple sources – such as enterprise resource planning systems and bank APIs – to enable cash-management analysis in real time.
Nuvo to extend B2B trade infrastructure- enabling companies to exchange critical trust signals, including verification status, creditworthiness, banking information, and trade history
Nuvo has raised $45 million to extend its B2B trade infrastructure into new verticals and deepen its reach in its core markets. Nuvo is building the infrastructure to transform how businesses connect, trade, and grow. By enabling companies to exchange verified profiles with potential partners, Nuvo provides instant access to critical trust signals, including verification status, creditworthiness, banking information, and trade history, allowing businesses to activate new partnerships quickly and confidently. With identity, connectivity, and trade data in one place, businesses can expand their customer and vendor networks more easily, scale faster with less risk, and unlock growth and resilience. The company’s infrastructure is used by more than 50,000 businesses to activate new partnerships with customers and vendors and manage their trade relationships. With the new funding, Nuvo will deepen its reach across core markets such as alcohol and beverage, building materials, chemicals, food service, distribution, and manufacturing, while extending into new verticals. As the network grows, modern payments infrastructure and AI systems will power the intelligent foundations needed to connect and coordinate trade between 50 million global businesses. “Continued innovation, growth and accessibility of goods in the global economy require a new kind of technology infrastructure, and that’s what we’re building at Nuvo,” Sid Malladi, co-founder and CEO of Nuvo, said.
Kojo procurement platform for construction launches AI tool suite to instantly compare pricing across multiple suppliers; forecast material cost changes and availability; identify cost-saving opportunities
Kojo, the construction procurement platform, launched a new suite of AI-powered tools designed to help contractors reduce the impact of rising material costs. As pricing volatility driven by global tariffs continue to put pressure on margins, Kojo’s latest innovation gives contractors a competitive edge by making sourcing faster, smarter, and more cost-effective. Kojo’s AI tools are integrated directly into the workflows that field and office teams already use, so adoption is seamless. With over 500 contractors managing billions of dollars in material spend through Kojo, the platform is quickly becoming the industry standard for intelligent procurement. The new AI tools help contractors: Instantly compare pricing across multiple suppliers; Forecast material cost changes and availability; Identify cost-saving opportunities to source from your own warehouse and bulk buys; and Automate purchasing recommendations based on historical data and supplier trends. “Contractors are navigating one of the most volatile materials markets in decades,” said Maria Davidson, CEO of Kojo. “Our AI suite is designed to take the guesswork out of procurement. It puts real-time intelligence in the hands of project teams so they can stay ahead of price spikes, supply issues, and project delays.”