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Accounts payable AP and payments firm AvidXchange has acquired AP software solutions platform Core Associates, to advance payments automation in the construction industry and mid-market businesses.We ;ve spent more than a decade committe
stanley uk d to helping our customers simplify the way they process invoices and payments, Core Associates Founder and CEO Frank Grenci said in a press release on Monday Jan. 4 .聽He added that joining AvidXchange gives Core the ability to extend the middle markets only complete purchase-to-pay experience, while also reducing the processing time from one month to only two or three days using a single solution.The acquisition of Core Associates positions AvidXchange as one of the leading AP automation platforms serving the mid-market construction industry. One of the few end-to-end, purchase-to-pay solutions, AvidXchange offers several automated tools, including Sage 300 CRE formerly Timberline , Sage 100 Contractor, Acumatica and Sage Intacct Construction. Core Associates, creator of TimberScan and other complementary AP tools, is used by over 30,000 businesses across the U.S.聽There is no better way to start 2021 than by welcoming Core Associates customers, partners and employees to AvidXchange, said Michael Praeger, CEO and Co-Founder of AvidXchange. With this acquisition, existi
stanley cup usa ng Core Associates users and new customers will benefit from the combination of TimberScan purpose
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Amid launches in Middle East, India and North Africa聽in recent times, Spotify Technology SA reached a milestone 100 million paid subscribers for the music streaming companys premium offering. The news sent the company shares rising 5 percent, Reuters reported.The number of paying or premium subscribers on the service had risen from 75 million the prior year. And analysts had forecasted 99 million paid subscribers for the service. It was also reported that North America contributed to a 30 percent share of total paid subscribers, while Europe clocked in at 4
stanley website 0 percent. Prior to the close of t
stanley termos he current quarter, the company forecasts it will have premium subscribers numbering roughly 107 million to 110 million.In March, Spotify indicated that it had had 217 million monthly active users MAUs . That marked an increase from 173 million in the same quarter the prior year. Analysts forecasted that the firm would have 218.6 million subscribers.In other recent Spotify news, it was reported earlier this month that Amazon is planning to launch a free ad-supported music service caused shares of Spotify to drop 4 percent on April 15. The eCommerce company would reportedly have a music service that is free via Echo speakers. As it stood at the time, the company had a Prime Music service that came with its Prime subscription service in addition to Amazon
stanley cup Music unlimited subscriptions.And, in March, Spotify Technology announced that it was acquiring storytelling-driven podcast studio
