Avalara, a leader in compliance automation software, has launched Avalara Property Tax Managed Services (AvaMPT). This new AI-powered solution simplifies property tax compliance for enterprises by automating complex and time-consuming processes.
The launch responds to finance and tax professionals seeking relief from manual property tax management. Powered by Avalara’s proprietary Agentic AI Foundry, AvaMPT automates filings, improves accuracy, and provides real-time visibility into compliance status.
Carl Hoemke, VP & GM of Property Tax at Avalara, explained: “Property tax compliance has been cumbersome and manual. With AvaMPT, businesses can manage property tax more efficiently and redirect resources to strategic goals.”
How Avalara Property Tax Managed Services Work
AvaMPT uses prior-year filings and current data to deliver actionable compliance plans. Once data is validated, the system:
- Prepares and delivers signature-ready property tax returns.
- Automates tax payments through a partnership with Anybill.
- Conducts automated assessment reviews and simplifies appeals.
- Provides tailored asset classification for accurate compliance.
- Ensures visibility through secure reporting and real-time access.
Avalara’s AI-driven approach offers a scalable “software-as-a-service” model, adapting seamlessly to company staffing and operational changes.
Customer Impact and Benefits
Alexander Van Tuyn, Interim CFO of Intellirent, praised the platform: “We needed to file hundreds of returns annually. Avalara delivered speed, accuracy, and confidence.”
Key benefits of AvaMPT include:
- Automated Data Management: Eliminates manual entry for paper-heavy processes.
- Improved Compliance Accuracy: AI tools reduce errors, penalties, and overpayments.
- Staffing Relief: Automation handles compliance when teams face resource challenges.
With this service, Avalara delivers on its mission to transform compliance with AI-powered HR SaaS-like automation for property tax management.
Kevin Permenter, Senior Research Director at IDC, added: “Avalara’s automation and AI tools offer enterprises meaningful efficiency gains over legacy workflows.”
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News Source: Prnewswire.com
BlueSnap, the global payment orchestration platform, announced a strategic partnership with Commerce to launch the first AR automation and ERP-integrated portal. This solution is designed for BigCommerce B2B Edition, targeting manufacturers, distributors, and wholesalers.
BigCommerce B2B Edition now integrates directly with leading ERP systems, including NetSuite, Sage Intacct, Microsoft Dynamics Business Central, and QuickBooks. This integration enables bi-directional ERP connectivity, powerful AR automation, and unified customer experiences across ecommerce and financial platforms.
“BlueSnap’s AR automation fills a critical gap in B2B functionality,” said Lance Owide, GM of B2B at Commerce. “This solution reduces inefficiencies, lowers operational costs, and drives payment volume growth.”
One Connected Solution for AR, Payments & ERP
With this integration, BigCommerce B2B merchants can:
- Unify Ecommerce & ERP: Sync customer and invoice data in real time, reducing manual work and reconciliation errors.
- Streamline Buyer Experience: Allow buyers to view and pay orders and ERP invoices in a single branded portal.
- Automate AR Workflows: Enable autopay, early pay discounts, invoice reminders, and real-time receivable updates.
- Simplify Tech Stack: Eliminate third-party middleware, consolidate payment gateways, and reduce tech debt.
“BlueSnap provides a single solution for payments and AR, improving efficiency and enhancing the buyer experience,” said Henry Helgeson, CEO of BlueSnap. “This launch highlights the growing importance of ERP-led ecommerce and innovation in B2B commerce.”
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News Source: Businesswire.com
Worldpay and Trulioo Drive Trust in AI Commerce
Worldpay®, a global leader in payment technology, partnered with Trulioo, a digital identity platform, to strengthen AI-powered commerce. The collaboration introduces safeguards that ensure trust, consent, and accountability in digital payments. Consequently, the companies aim to make AI-driven transactions safer for merchants and consumers.
As AI agents increasingly shop for consumers, verifying identities and recording clear consent become vital. Therefore, the partnership focuses on preventing fraud and meeting regulatory requirements. Together, Worldpay and Trulioo will provide advanced solutions that help merchants, providers, and shoppers trust agent-based payments.
Cindy Turner, Chief Product Officer at Worldpay, stated, “Payments innovation must stay grounded in integrity. Partnering with Trulioo delivers the trust framework our ecosystem demands. Businesses and consumers can embrace AI commerce confidently, knowing transparency and safety guide every transaction.”
Know Your Agent Framework Enhances Security
Central to this partnership is the Know Your Agent (KYA) framework, powered by a Digital Agent Passport. This tamper-proof credential bundle verifies whether AI agents are legitimate, authorized, and acting with consent. Moreover, the framework establishes clear rules for validating developer identity, code integrity, and user consent.
Worldpay will enable merchants to use the KYA framework, validating consumer intent and authority before transactions proceed. This approach strengthens security while supporting sales growth. As a result, businesses can reduce unauthorized purchases without slowing trusted transactions.
Vicky Bindra, CEO of Trulioo, commented, “Agentic commerce has huge potential, but it must scale with trust. With Worldpay, we are creating a secure ecosystem where AI agents act transparently and consumers remain in control.”
Unlocking Safer Digital Commerce
The collaboration enables merchants to deliver new experiences such as smarter checkouts and real-time fraud detection. Instead of blocking all AI agents, the system applies smart controls. Verified agents gain access, unverified ones face checks, and malicious bots are blocked.
This layered approach reduces fraud, improves agent detection, and increases checkout conversion rates for merchants. Consumers benefit from knowing AI assistants act only with permission. Meanwhile, the broader commerce industry gains a shared trust infrastructure that supports innovation and aligns with evolving regulatory standards.
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News Source: Businesswire.com
BlueSnap, Commerce Unveil First AR Automation for BigCommerce B2B Edition
BlueSnap, a global payment orchestration platform for B2B and B2C businesses, has partnered with Commerce (Nasdaq: CMRC), the parent of BigCommerce. Together, they launched the first B2B payments and AR automation solution built for BigCommerce B2B Edition.
The BigCommerce B2B Edition now integrates with leading ERP systems such as NetSuite, Sage Intacct, Microsoft Dynamics Business Central, and QuickBooks. This integration includes advanced AR automation and bi-directional ERP connectivity via BlueSnap’s platform. As a result, merchants can streamline operations, improve payment processes, and create a unified customer experience.
Lance Owide, General Manager of B2B at Commerce, said the solution addresses a critical gap in functionality and buyer experience. “We’re eliminating inefficiencies, reducing costs, and driving higher payment volume potential,” Owide stated. “BlueSnap is transforming our platform and partner ecosystem.”
One Connected Solution for Payments, AR, and ERP
With this integration, BigCommerce B2B merchants can:
- Unify Ecommerce and ERP: Sync customer and invoice data instantly between BigCommerce and ERP systems, reducing manual work and reconciliation errors.
- Enhance the Buyer Experience: Allow buyers to view and pay both e-commerce orders and ERP invoices in one branded portal, supporting various payment methods.
- Automate AR Workflows: Enable autopay, early payment discounts, invoice reminders, and real-time updates to speed up receivables.
- Simplify the Tech Stack: Remove third-party middleware and consolidate payment gateways into one integrated solution.
Henry Helgeson, CEO of BlueSnap, emphasized the strategic value of this integration. “Merchants now have a single solution for payments and AR that drives efficiency and elevates the buyer journey,” he said. Helgeson noted the partnership reflects a growing demand for ERP-driven ecommerce innovation.
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News Source: Businesswire.com
PowerPay, a leading fintech platform for home improvement and patient financing, has announced a major PowerPay partnership with Synovus Bank and Nearwater Capital. This $300 million agreement aims to strengthen its capital base and accelerate growth in embedded finance solutions.
Expanding Capital Structure for Growth
Synovus Bank, a Georgia-based financial institution with $62 billion in assets under management, joins PowerPay’s committed warehouse lending syndicate. Nearwater Capital, a New York-based provider of asset-based financing solutions, will supply Risk Retention Financing to support the Company’s securitization program.
These strategic partners significantly expand PowerPay’s capital structure. The additional funding will help scale originations and serve over 12,000 contractors, merchants, and medical professionals nationwide.
PowerPay CEO and Founder Mike Petrakis said, “We are excited to welcome these respected institutions to our platform. These commitments validate our credit quality and operational strength. The extra capital supports our growth plans and enables us to meet rising demand for our point-of-sale financing solutions.”
AI-Driven Expansion in Embedded Finance
Leveraging PowerPay AI, the Company has secured three new national home improvement partnerships. These deals are projected to generate $800 million in additional annual originations. This growth will expand PowerPay’s market presence and reinforce its leadership in the embedded finance sector.
The PowerPay partnership marks another step in scaling one of the largest integrated consumer finance platforms in the United States. By combining strong capital support with AI-driven innovation, PowerPay is positioned for sustained industry leadership.
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News Source: Prnewswire.com
AI Squared has introduced Sparx, a plug-and-play platform that unifies sales, finance, and operations data in real time. This new solution aims to make production-ready AI accessible for small businesses, mid-market enterprises, and non-profits.
Sparx integrates seamlessly into existing business workflows without coding, infrastructure setup, or data science expertise. The platform delivers a unified, AI-powered view of key business data in under an hour, saving both time and resources.
Through 2026, 60 percent of AI projects may fail due to unprepared or fragmented data. Common issues stem from disconnected finance tools, CRMs, and HR systems. For mid-market teams without technical resources, most AI tools remain inaccessible, forcing reliance on slow manual reporting that delays decision-making.
“Until now, AI-powered insights required complex systems and specialist teams,” said Darren Kimura, CEO and President of AI Squared. “With Sparx, we removed that complexity. Businesses can see value within hours, not months. Sparx enables quick and affordable AI adoption, boosting operational efficiency and uncovering new opportunities.”
Making AI Integration Accessible
Sparx connects directly to existing systems, automatically syncing and cleaning data. Its intuitive interface lets users chat with their data in plain English, delivering actionable insights instantly without IT involvement. This real-time visibility helps teams identify trends, improve efficiency, and make confident decisions.
Steve Braaten, Chief Architect at Khasm Labs, said, “Like most SMEs, we faced high costs, complexity, and long timelines for deploying AI. Sparx solves this by providing fast, actionable insights without heavy lifting.”
The launch marks AI Squared’s ongoing commitment to delivering accessible AI solutions that drive measurable results for small and mid-sized businesses.
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News Source: Prnewswire.com
Northern Trust has secured a mandate to deliver asset servicing solutions for Gravis Advisory Limited’s (Gravis) open-ended investment company (OEIC) fund range in the United Kingdom.
The UK-based asset manager, Gravis, specializes in infrastructure, real estate, and private credit investments. As of 31 March 2025, it manages £2.3 billion (around US$3.1 billion) in assets. The firm focuses on unlocking sectors that are often difficult for investors to access while generating steady cash flows and long-term income.
Expanding Investments Across Key Sectors
Gravis has built on its investments in hospitals, schools, and student housing by expanding into renewable energy, logistics, and data centers. These areas continue to gain importance in the global investment landscape.
Morag Law, Head of Legal and Operations at Gravis, stated that Northern Trust’s strong UK presence, comprehensive services, and cultural alignment influenced the decision. She highlighted that the partnership streamlines OEIC fund services, improves industry expertise access, and supports their goal of delivering consistent returns.
Under the agreement, Northern Trust will provide fund administration, global custody, depositary, transfer agency, and outsourced trading via its Integrated Trading Solutions platform for Gravis’ five OEICs.
Laurence Everitt, Head of Global Fund Services, UK, at Northern Trust, said the firm is eager to support Gravis’ mission of helping investors access infrastructure and related asset classes. He added that Northern Trust’s services, ranging from trading optimization to post-trade reporting and investor servicing, enhance efficiency, oversight, and scalability.
Northern Trust delivers a full spectrum of solutions, including fund administration, global custody, investment operations outsourcing, and data management for global investment managers. These capabilities support complex strategies across diverse asset classes.
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News Source: Businesswire.com
Ceterus Introduces AI-Powered Financial Insights for Franchise Brands
Ceterus has announced the upcoming release of Ceterus Insights, an AI-powered platform designed for franchisors. The solution enhances centralized financial reporting, benchmarking, and compliance, enabling franchise brands to streamline data, boost efficiency, and improve financial transparency.
The Charleston-based company, known for its comprehensive bookkeeping and financial reporting solutions for franchisees, will fully launch Insights at the end of August 2025. The platform, currently in beta testing, empowers franchisors with advanced analytics, compliance tools, and performance oversight across their entire network.
Revolutionizing Franchise Financial Reporting
Ceterus Insights addresses a critical challenge in the franchise sector, managing and interpreting financial data from multiple units. Ensuring strict compliance with franchisor-approved Charts of Accounts simplifies reporting for franchisees and delivers accurate, consistent data for franchisors.
Key benefits of Ceterus Insights include:
- Centralized Financial Reporting: Standardizes financial reports from all franchisees in one system.
- Enhanced Compliance: Maintains adherence to franchisor-approved accounts, reducing reporting errors.
- Advanced Analytics & Visualization: Provides performance analysis across locations and timeframes.
- Performance Benchmarking: Creates financial benchmarks to compare franchisee performance by period or region.
- AI-Powered Insights: Identifies trends, offers recommendations, and improves compliance.
- Robust Data Export: Integrates financial data with operational metrics for holistic analysis.
“Ceterus solves key challenges in franchise bookkeeping,” said Bill Jones, CEO of Ceterus. “With Ceterus Insights, we become the only complete bookkeeping solution for the entire franchise market. We are excited to leverage AI to deliver actionable insights for both franchisees and franchisors.”
Ceterus Insights is set to reshape franchise financial management by improving efficiency, ensuring compliance, and driving profitability through data-driven decisions.
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News Source: Prweb.com
Maropost, the AI-powered platform unifying ecommerce, retail, marketing, and customer support, has appointed Gordana Redzovski as Managing Director and Vice President of Revenue for APAC.
With over 20 years of leadership in ecommerce, retail, and technology, Redzovski brings deep expertise to support APAC ecommerce growth. She has scaled teams of 100+, launched fintech solutions across five countries, and delivered double-digit growth for brands like Lightspeed Commerce, Rithum, and Deliveroo.
Ross Andrew Paquette, Founder and CEO of Maropost, praised the move. “Gordana is a commercial force,” he said. “Her experience in omnichannel retail and fintech will help us scale effectively across the APAC region.”
Driving Ecommerce Growth Across APAC
Previously, at Rithum, Redzovski led revenue growth in marketplaces and retail media across APAC. At Lightspeed, she introduced Lightspeed Payments to the Australian market and integrated Vend after its acquisition. During the pandemic, she also created new revenue streams.
Redzovski expressed her enthusiasm for the new role. “Maropost is solving real challenges for ecommerce businesses,” she said. “I look forward to expanding our value across APAC.”
Her appointment highlights Maropost’s firm investment in APAC ecommerce growth. It strengthens the company’s leadership presence and reinforces its commitment to a customer-first strategy in one of the world’s fastest-growing digital markets.
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News Source: Prnewswire.com
Developer’s Mortgage, a top mortgage lender, has partnered with Gateless to deploy Smart Underwrite across FHA and conforming loan processes. This integration aims to accelerate underwriting while improving transparency and efficiency for borrowers.
Smart Underwrite, developed by Gateless, uses automation and machine learning to validate borrower data instantly. It verifies income, clears underwriting conditions in real time, and significantly reduces manual intervention. As a result, lenders benefit from faster loan approvals and fewer delays.
“This partnership with Gateless boosts our efficiency,” said Taylor Stork, COO of Developer’s Mortgage. “Smart Underwrite lets us handle FHA and conforming loans faster, while focusing underwriters only where human oversight is essential.”
A New Benchmark for FHA and Conforming Loan Processing
Smart Underwrite addresses growing demands in the mortgage industry for automation without compromising reliability. By validating borrower data, employment history, and assets in real time, it reduces approval times and helps loans close sooner.
Mike Brown, CRO at Gateless, stated, “Developer’s Mortgage is setting a new standard. Smart Underwrite enables lenders to match industry leaders in performance and client experience.”
Better Experience for Borrowers
With Smart Underwrite, borrowers get instant updates and faster decisions on their loan status. The system also reduces manual errors, offering a smoother path to closing and greater trust in the lending process.
“Using Smart Underwrite ensures a faster and more transparent borrower journey,” added Stork. “We now give our clients more confidence and fewer delays.”
Inside Smart Underwrite’s Technology
The platform uses document recognition and expert systems to cross-check borrower information from verified sources. It automates critical validations, flags inconsistencies, and ensures high accuracy. This technology significantly improves underwriting speed and reliability.
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News Source: Globenewswire.com
Treez Introduces Wallet Loyalty Platform to Boost Customer Retention
Treez, a leading enterprise commerce platform processing over $5 billion in annual transactions, has launched Treez Loyalty, a digital wallet loyalty platform. Developed with StickyCards, this platform eliminates SMS delivery challenges and mobile app adoption hurdles. Now, cannabis retailers can use this innovative tool to boost customer retention through cost-effective, direct engagement.
Customer Loyalty Takes Priority
Retailers face intense pressure to retain their customers. Due to high acquisition costs and limited advertising options, loyalty becomes a core strategy. Moreover, strict cannabis marketing regulations push retailers to seek direct and affordable methods for customer engagement.
“Cannabis retailers struggle with outdated engagement tools,” said John Yang, CEO and Co-Founder of Treez. “Treez Loyalty offers enterprise-grade marketing through a simple digital wallet experience. It helps retailers grow and compete more effectively.”
Next-Gen Loyalty with Smart Features
Treez Loyalty integrates seamlessly with Apple Wallet, Google Wallet, and a Progressive Web App. The platform includes:
- Guaranteed Message Delivery: Push notifications bypass SMS restrictions and spam filters.
- AI-Powered Personalization: Intelligent segmentation and campaign tools enhance customer lifetime value.
- Instant Access: Customers can add loyalty cards via QR code without downloading an app.
- Unified Integration: Fully connected with SellTreez POS and Treez Ecommerce for real-time tracking across all channels.
Strong ROI for Retailers
Pilot results already show significant benefits:
- Marketing communication costs reduced by 60–90% compared to traditional SMS.
- Over 90% opt-in rates via Apple and Google Wallet, compared to 25% with app notifications.
- 3.5 times more impressions than email campaigns.
- Immediate revenue uplift through AI-timed campaigns and tailored content.
Expanding the Treez Ecosystem
This new launch strengthens Treez’s position as the go-to enterprise solution for cannabis retailers.
Treez continues to enhance its product suite:
- SellTreez POS: A high-performance POS with 99.99% uptime and multi-state compliance.
- Treez Ecommerce: A native cannabis ecommerce solution with SEO-friendly storefronts and synchronized promotions.
- TreezPay: A robust payment platform supporting multiple providers, unified reconciliation, and instant approval via OneApp.
- Retail Analytics: A mobile-first dashboard with KPIs and exclusive metrics like “Sellable Velocity” for actionable business intelligence.
Together, these tools deliver an end-to-end solution for high-volume cannabis operations.
Product Rollout
Treez Loyalty will roll out to select enterprise retailers this quarter. It will be available both independently and as part of the broader Treez retail suite.
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News Source: Businesswire.com
Mumtalakat Invests in Global Platform to Strengthen BlueFive Capital
BlueFive Capital announced that Mumtalakat, Bahrain’s sovereign wealth fund, has taken a stake in its global investment platform. This move highlights Mumtalakat’s continued focus on empowering emerging financial leaders.
The investment follows BlueFive Capital’s recent completion of its Founding Shareholders Circle. As a result, Mumtalakat joins over 25 leading investors from the GCC and international markets. This partnership gives BlueFive Capital the institutional support needed to scale further across global markets.
Since its founding in 2024, BlueFive Capital has expanded rapidly. The firm now manages over $2.6 billion in assets. Headquartered in Manama, the company also maintains strategic offices in London, Abu Dhabi, and Beijing.
Private equity expert Hazem Ben-Gacem founded the firm. BlueFive is chaired by Sheikh Mohamed Isa Al Khalifa, the former CEO of Bahrain’s national pension fund.
In his remarks, Sheikh Mohamed Isa Al Khalifa stated, “Bringing Mumtalakat on board as a key shareholder marks a significant milestone for us. It reinforces the strength of our platform and our vision. This partnership adds stability as we pursue aggressive global growth, while staying grounded in Bahrain’s robust financial environment.”
With Mumtalakat’s stake in BlueFive Capital’s global investment platform, the firm stands well-positioned to shape the future of institutional finance. The strategic move supports both long-term scalability and sustainable financial development.
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News Source: Businesswire.com