INTUIT QUICKBOOKS LAUNCHES QUICKBOOKS ONLINE ACCOUNTANT IN MORE THAN 170 COUNTRIES AROUND THE WORLD, INCLUDING SINGAPORE

In a world first, the launch of the cloud-based financial management software is free to accounting professionals around the globe

SINGAPORE, May 9 (Bernama-BUSINESS WIRE) -- Intuit QuickBooks today announces global free access to QuickBooks Online Accountant (QBOA), enabling accounting professionals in 170 countries to move to the cloud faster, scale their practices and bring more value to their clients and the wider economy.

Accounting professionals make a huge contribution to the economy at a local, regional and global level, working as trusted business partners to the SMB community, which represents 90% of businesses and accounts for 70% of employment globally¹.

But their impact could be even bigger, as QuickBooks research suggests accountants are now busier than ever. Four out of 10 (43%) report they have more than 40 clients – and 86% are looking to technology to help them be more efficient and better meet client needs.

QBOA addresses this by enabling accountants to manage their practice workflow, client interactions and billing all in one place. Developed with a select group of accountants globally over the past 12 months, QBOA is a refined suite of benefits to help professional accountants move to the cloud faster and drive greater efficiency and scalability of their firms.

Access to real time insights from anywhere in the world puts professional accountants at the heart of driving informed business decisions that could positively increase small business survival rates – currently, only 51.6% of U.S. small businesses survive beyond the first five years².

Intuit serves more than 100 million customers worldwide and is one of the biggest software companies in the world, with Intuit QuickBooks now the first provider in the market to deliver at this scale for the accounting profession.

Lars Leber, Vice President of Intuit QuickBooks Australia, said: “QuickBooks Online Account has already proven to be an invaluable resource for the Singaporean business market³. As one of the top destinations in the world for setting up a business, Singapore is well known for its ease of conducting business – from streamlined processes to obtain permits, to a robust economy and lack of corruption. With an ideal environment to establish a business, it is then down to the resources at hand to make that business successful, and QBOA is exactly the tool for this. Having seen the benefits of the platform within Singapore, the knock-on effect of the global rollout will be significant – for accounts and the small businesses they support.”

Global trends and technological advancements are transforming the world of work and reshaping the future of the accountancy profession, increasingly shifting demand towards more strategic and analytical roles⁴. Accountants will be key to helping fuel local business and economic prosperity.

Lily Tan, TNB Global, Singapore, added: “QuickBooks Online Accountant has been a game-changer. It has helped drive greater efficiency in our practice by allowing us to access our clients’ books at any time, anywhere and streamlined our productivity and outputs with accountant-only tools. The certification training and product support help to make QuickBooks Online Accountant simple to use, helping me become a better advisor to my clients.”

QuickBooks Online Accountant benefits professional accountants anywhere in the world – through the following set of features:

• Singular login and dashboard view of real-time and historic client data, current projects and deadlines;
• Automated transactions and specific rules classifying data, minimizing manual data entries and reducing risk of errors;
• Options to use workflows to send reminders to the right people at the right time and automate common tasks –invaluable for bookkeepers in busiest periods of the year;
• Integrated apps providing functionality that spans reporting, inventory management, expense management, payroll, eCommerce;
• Predictive AI-based ability to estimate income tax/VAT contributions, support self-assessment filings with automated breakdown of earnings and tax-deductible expense.

Assisted QuickBooks Online Accountant onboarding for accountant professionals and bookkeepers is free, via a Zoom session, and is focused on new clients who are new to QuickBooks, as well as any existing clients that aren’t actively using QuickBooks. It’s a hands-on, “Do-It-With-Me” session.

To celebrate the launch of the QBOA global edition, limited time only pricing bundles have also been announced. To help accountants get their small business clients started on QuickBooks online, for just the next three months, the one-dollar subscription deal will be active. One dollar (or country currency equivalent), per month, per file. The deal is available in all countries, to further support digital expansion for all accountants.

Local developers can now publish apps as part of the QuickBooks Global App Store – to include payroll, payments, inventory and purpose-built applications for specific regions – to integrate with QuickBooks. For more information and information on how to access the free QuickBooks Online Accountant platform please visit here.

- ENDS -

About Intuit

Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With more than 100 million customers worldwide using TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit, our products and services, and find us on social.

¹ World Economic Forum White Paper “Future Readiness of SMEs: Mobilizing the SME Sector to Drive Widespread Sustainability and Prosperity” published 30 November 2021: https://www.weforum.org/whitepapers/future-readiness-of-smes-mobilizing-the-sme-sector-to-drive-widespread-sustainability-and-prosperity
² The US Bureau of Labor Statistics, 1994-2022: https://www.bls.gov/bdm/us_age_naics_00_table7.txt
³ The World Bank “Ease of Doing Business” Report, 2020
⁴ ACCA (the Association of Chartered Certified Accountants) “Future ready: accountancy careers in the 2020s” report. Link: https://www.accaglobal.com/content/dam/ACCA_Global/professional-insights/FutureReady2020s/JamieLyon.FutureCareersAccoutancy2020s.summary.pdf
 

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PAYMENTS NETWORK MALAYSIA HOSTS INAUGURAL PAYNET DIGITAL PAYMENTS WEEK 2023

• PDPW 2023 focuses on latest insights and global megatrends impacting the digital payments landscape
• Includes a digital payments industry summit, 4 speed pitches preceded by global payments megatrend sessions, a 24-hour hackathon and an academics’ brownbag session
• Aimed at converging the nation’s digital payments ecosystem with global international scene. Speakers line-up include senior regulator, international experts, incumbent banks, digital banks, e-wallets, TPAs, fintechs, digital start-ups and academics
 

KUALA LUMPUR, May 8 (Bernama) -- Payments Network Malaysia Sdn Bhd (‘PayNet’) unveiled part of the speakers’ line-up for the inaugural PayNet Digital Payments Week 2023 (PDPW 2023), happening between 24-29 May 2023. This digital payment industry event is expected to provide latest insights, global megatrends and innovations within and outside the country.  
 
“We are excited to host PDPW 2023, the first ever national event bringing together payment-focused experts, investors, startups, and academia from across the country to talk about the future of digital payments in Malaysia,” said Farhan Ahmad, Group CEO of PayNet. “With our central role as the shared national payments infrastructure, I’m delighted that we can be the catalyst to kick-start this important dialog,” he added.
 
Taking place in the beautiful AICB campus in Kuala Lumpur, the week-long event offers a different spin from usual conference formats. The event kicks off on May 24^th with 3 days of candid discussions and case studies that will provide a 360-degree view on payments innovation in Malaysia. This will be followed by a 24-hour hackathon with up to 50 teams as well a full day session to aid the academic fraternity fold digital payments awareness in academia.
 
PDPW 2023 is designed to be an intimate event where attendees will hear from senior leadership from BNM, state government, large banks, digital banks, e-wallets, accelerators, private and public venture capitalists, Fintech Association of Malaysia and Malaysian Business Angel Network, in addition to PayNet leadership. It promises to be an incredible forum for anyone interested in Malaysia’s digital future.
 
Day 1 of the event kicks off on May 24th with an Everything Payments Summit comprising a fireside chat and 3 panel sessions on shaping the future of digital payments, 2 success stories on public sector modernization through digitalization, and positioning Malaysia as the hub for digital payments innovations.  
 
PDPW 2023 then pivots to Payments Innovation Showcases over the next 2 days, setting the context with a special session on digital payments megatrends by a leading global technology provider followed by an international panel comprising digital payments experts from BigTechs, blockchain and digital ID spaces. The event will segue to 4 Speed Pitching sessions where 15 start-ups and fintechs will take centre stage with their ‘asks’. The Showcase days will cap-off with a funders’ session where angel investors, accelerators, and venture capitalists (private and public) share their tips on securing funding and other support.  
 
The weekend will see a 24-hour hackathon with up to 50 teams competing to solve 1 of 4 ‘Challenges’ to win a share of the RM50,000 cash prizes and a chance to get hired by PayNet. Finally, a brownbag session aimed at aiding the academic fraternity develop suitable curriculum to produce workforce-ready graduate talents for the digital payments industry will be held at PayNet’s partner university campus, Asia Pacific University. Insights will be shared with the academic fraternity on the needs of the digital payments startups space and contemporary issues on cybersecurity and resilience in digital payments.
 
Designed for optimizing networking, collaboration, investment, funding, and other opportunities, those attending can expect to benefit not only from the enriching contents but also from interactions with those attending.  
 
For more information and to register, visit PayNet Digital Payments Week 2023 | 24-29 May 2023 (paynetweek.com).  #PDPW2023. Spaces will fill up fast.
 
About Paynet
 
PayNet is Malaysia's premier payments network and central infrastructure for financial markets. We innovate, build and operate world-class payment systems and financial market infrastructures that safely, reliably and efficiently enable the functioning and development of Malaysia's financial system as well as the economy as a whole. Bank Negara Malaysia (BNM) is PayNet's single largest shareholder, with eleven Malaysian's Banks as joint shareholders.
 
For more information, please visit www.paynet.my

Source: Payments Network Malaysia Sdn Bhd (PayNet) 

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George Clinical Chosen As CRO For Hummingbird Bioscience's Phase 1 Oncology Trials

KUALA LUMPUR, May 5 (Bernama) -- George Clinical has initiated preparations in Australia for two oncology Phase 1b trials that will examine a Hummingbird Bioscience precision therapy programme targeting HER3, a potent driver of tumour growth and resistance against cancer drugs, in biomarker-selected patient populations, including lung cancer.

According to a statement, George Clinical is providing its full-service clinical research organisation (CRO) expertise for the Hummingbird Bioscience-sponsored trials.

Hummingbird Bioscience, a data-driven precision biotherapeutics company discovering and developing biologic medicines for hard-to-treat diseases, is bringing its clinical-stage anti-HER3 drug known as HMBD-001 into molecular-matched patient trials in Australia for the first time.

Early phase clinical trials are primarily designed to evaluate the safety and tolerability of a new therapy as well as to identify a suitable dose for further evaluation.

However, historically any preliminary efficacy data generated has been considered only as suggestive and requires further exploration in larger later phase trials.

As molecular-based therapies have evolved, it is common to see significant antitumour activity when targeted agents are tested on molecularly selected populations in early drug development.

Signaling pathways and molecular networks are known for their critical roles in driving and controlling cellular processes and are therefore linked to the onset of cancer, as well as its potential treatment.

The development of agents targeting these pathways and networks is a key piece in the ongoing advancement of molecular-matched therapy and its advancement to provide better patient outcomes.

Coupled with its experience in conducting over 300 oncology studies globally, as well as its established robust network of practicing medical oncologists with expertise across a range of tumour types and the latest immunotherapies, George Clinical has a deep and well-regarded history in the conduct of early phase studies.

Using the combination of scientific leadership and local knowledge, the oncology trials conducted by George Clinical maintain their focus on the trials’ scientific objective while maximising trial conduct expertise to enable the best result possible.

-- BERNAMA

HITACHI ENERGY TO SUPPLY HVDC, ADVANCED TECHNOLOGIES FOR WIND ENERGY PROJECT

KUALA LUMPUR, May 5 (Bernama) -- Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has been selected by Pattern Energy to supply its high-voltage direct current (HVDC) and other advanced technologies for the SunZia Transmission Project.

It will connect the 3,500-megawatt (MW) SunZia Wind project in New Mexico to the power grid in Arizona and Southern California, which will be among the world’s largest transmission links delivering renewable energy.

Hitachi Energy’s HVDC Light technology will efficiently transfer and integrate huge volumes of wind power over more than 885 kilometres into the regional power grid.

According to a statement, this will significantly increase the availability of sustainable energy for homes and businesses throughout the region.

When complete, SunZia Wind will have a total power capacity of 3,500 MW, enough clean, renewable electricity to provide power to approximately three million Americans.

“We are proud to be advancing a sustainable energy future for all in the southwestern United States, enabling Pattern Energy to integrate emission-free electricity into the regional grid serving Arizona and Southern California.

“Our market-leading HVDC technologies combined with our execution expertise makes us the partner of choice to help the US achieve its carbon-neutral targets by efficiently and reliably maximising its renewable energy resources,” said Hitachi Energy’s Grid Integration business Managing Director, Niklas Persson.

Meanwhile, Pattern Energy Chief Executive Officer, Hunter Armistead said: “The use of HVDC technology will enhance power grid reliability and resilience and play a vital role in delivering clean energy and deploying a sustainable energy system in the US.”

The SunZia Transmission project is a 3,000 MW HVDC link between Corona, New Mexico and Pinal County, Arizona. Hitachi Energy has already started work on designing and engineering the two HVDC Light converter stations, one at either end of the link.

Hitachi Energy has partnered with Quanta Services Inc (Quanta) to provide a turnkey project solution for the SunZia project, including managing the HVDC construction and building installation at the associated project sites.

-- BERNAMA

KENVUE TO BEGIN TRADING ON THE NEW YORK STOCK EXCHANGE

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SKILLMAN, N.J., May 5 (Bernama-BUSINESS WIRE) -- Kenvue Inc. (NYSE: KVUE) (“Kenvue”), the world’s largest pure-play consumer health company by revenue, will begin trading today on the New York Stock Exchange under the ticker symbol “KVUE” in connection with its initial public offering (“IPO”). Chief Executive Officer (“CEO”) and Director, Thibaut Mongon, and members of the Kenvue Leadership Team will celebrate by ringing the Opening Bell.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230504005659/en/

 

“Helping consumers realize the extraordinary power of everyday care is at the heart of who we are and what we do," said Thibaut Mongon, CEO, Kenvue. "As a global leader at the intersection of healthcare and consumer goods, our carefully curated portfolio of science-backed, iconic brands has been trusted by consumers and recommended by healthcare professionals for generations. We are ready to bring a new view of care to the world.”

This press release is neither an offer to sell nor a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

About Kenvue

Kenvue is the world’s largest pure-play consumer health company by revenue. Built on more than a century of heritage and propelled forward by science, our iconic brands — including AVEENO^®, BAND-AID^® Brand Adhesive Bandages, JOHNSON’S^®, LISTERINE^®, NEUTROGENA^®, TYLENOL^® and ZYRTEC^® — are recommended by health care professionals and can be trusted by consumers who use our products to improve their daily lives. Our team members share a digital-first mindset, with an approach to innovation grounded in deep human insights and work every day to earn a place for our products in consumers’ hearts and homes. At Kenvue, we believe everyday care can not only make people well; it can make them whole.

Cautions Concerning Forward-Looking Statements

This release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of Kenvue. Risks and uncertainties include, but are not limited to: the satisfaction of customary closing conditions relating to the IPO; capital market risks; and the impact of general economic or industry conditions. For a further list and descriptions of the risks, uncertainties and other factors that affect Kenvue’s business, please review its filings with the Securities and Exchange Commission. Any forward-looking statement made in this press release speaks only as of the date of this press release. Kenvue does not undertake to update any forward-looking statement as a result of new information or future events or developments.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20230504005659/en/

Contact

Investor Relations:
Tina Romani
Kenvue_IR@kenvue.com

Media Relations:
Melissa Witt
media@kenvue.com

Source : Kenvue Inc.

AI-MEDIA LAUNCHES NEW, IMPROVED VERSION OF LIVE AUTOMATIC CAPTIONING SOLUTION

KUALA LUMPUR, May 5 (Bernama) -- Ai-Media, the global leader in professional captioning solutions, has launched LEXI 3.0, the new and improved version of its flagship live automatic captioning solution.

With cutting-edge enhancements and new features, LEXI 3.0 is the world’s most accurate and advanced automatic captioning solution, delivering results that rival human captions at a fraction of the cost.

In a statement, Ai-Media said independent audits confirmed that LEXI 3.0 consistently delivers results with 35 per cent fewer recognition, formatting and punctuation errors than the previous version.

“We are seeing accelerating adoption of automatic captioning driven by a significant increase in quality, reduction in latency, and release of new AI features that previously required manual intervention, such as speaker changes and placement of captions to not obscure important visuals.

“LEXI 3.0 is available immediately for existing Ai-Media customers at no additional cost and is delivered with any iCap Encoder (hardware, Alta, and Falcon) connected to Ai-Media’s iCap Cloud Network,” said its Co-Founder and Chief Executive Officer, Tony Abrahams.

Critically, LEXI 3.0 introduces new automated features, including speaker identification and artificial intelligence (AI)-powered caption placement to avoid on-screen interference.

LEXI 3.0 is an affordable on-demand solution perfect for live captioning a wide range of content types, from linear television broadcast, over-the-top (OTT), Live Sports and live streams, to meetings, events and lectures, among others.

-- BERNAMA

GRADIANT ADVANCES SUSTAINABILITY IN MINING THROUGH PARTNERSHIPS WITH SLB, RIO TINTO AND AN AUSTRALIAN GLOBAL MINING COMPANY

BOSTON, May 3 (Bernama-BUSINESS WIRE) -- Gradiant, a global solutions provider and developer for advanced water and wastewater treatment, has announced partnerships with SLB (formerly Schlumberger), Rio Tinto, and an Australian global mining company to improve productivity and sustainability in the mining industry with a focus on reducing carbon and water footprints. The projects are in the United States and Western Australia for resource recovery of critical minerals and industrial process water.

Gradiant’s collaborations with SLB and the Australian global mining company target the recovery of valuable metals such as lithium, nickel, and cobalt, which are essential metals in producing batteries for electric cars, smartphones, and computers. The mining of these materials is highly complex and water intensive. Moreover, with increased market demand and environmental regulations, businesses must identify cost-effective and sustainable technologies. Gradiant’s technologies enable sustainable, efficient, and economical water governance through end-to-end customized solutions.

Gradiant’s work with SLB integrates Gradiant’s technologies to concentrate lithium solution with SLB’s direct lithium extraction (DLE) and production technology process—allowing reduced time-to-market and environmental footprint for lithium extraction. The solution enhances the impact of the sustainable lithium extraction process by enabling high levels of lithium concentration in a fraction of the time required by conventional methods while reducing carbon emissions, energy consumption, and capital costs compared to thermal-based methods.

For Rio Tinto, Gradiant will deliver a new facility in Western Australia to replace aging facilities by employing the company’s proprietary RO Infinity membrane technologies and SmartOps Digital AI into existing mining operations. Gradiant has introduced two chemical-free technologies into operations to minimize chemical consumption and waste discharge.

Lastly, Gradiant’s RO Infinity and SmartOps technologies will concentrate complex wastewater from nickel and cobalt production at a new facility in Western Australia for a global mining company, resulting in up to 75% cost savings with lower carbon and water footprints compared to conventional technologies.

“Mining is a uniquely complex industrial sector with challenges of remote locations, large volumes of waste, wide fluctuations in water quality, and the high-value end-product that demands relentless design and operations efficiencies,” said Prakash Govindan, COO of Gradiant. “The real opportunity for water technology in the mining industry is resource recovery in wastewater coupled with machine learning AI. We are excited to work with the world’s leading mining operators to enter a new era of sustainable resource recovery. This is made possible by Gradiant’s deep understanding of the complex chemistry that underlies the production processes, which is then operationalized by machine learning digital technology.”

Gradiant designs, builds, and operates complete, end-to-end water and digital solutions, pioneering advanced technologies across the world’s essential industries. The technologies reduce freshwater usage, reclaim valuable resources, and renew water to its freshwater state.

About Gradiant

Gradiant is a different kind of water company, deploying a full technology stack of creative solutions to help the world’s leading industries achieve sustainable operations through responsible water use. The company offers the design, build, and operation of end-to-end water and digital solutions across industries, including microelectronics, pharmaceuticals, food & beverage, lithium and critical minerals, and renewable energy. Gradiant’s innovative solutions reduce water used and wastewater generated, reclaim valuable resources, and renew wastewater into freshwater. The Boston-headquartered company was founded at MIT and has over 900 employees worldwide. Learn more at gradiant.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230502005274/en/

Contact

Corporate Contact:
Felix Wang
Gradiant, VP of Marketing
fwang@gradiant.com 

Source : Gradiant