Momentive Software Expands Association Management Software Portfolio with Acquisition of Cobalt
Software continues to play a vital role in helping mission-driven organizations operate more efficiently and achieve greater impact. By streamlining business processes, enhancing member engagement, managing certification workflows, and supporting successful fundraising events, technology empowers these organizations to focus more effectively on their core mission. Access to accurate and actionable data is also essential, providing the necessary insights to make informed decisions, evaluate mission effectiveness, and develop targeted initiatives that deliver measurable outcomes. With the right digital tools in place, nonprofits and associations are better equipped to create lasting, positive change within the communities they serve.
With this acquisition and the previous Blue Sky eLearn acquisition, Momentive Software continues on a fast track of innovation that is driven by the customer experience and integration via the Momentive Data Hub. The company's comprehensive solution suite encompasses end-to-end tools that address the unique challenges of mission-driven organizations. It includes software that improves efficiency, strengthens member and donor engagement, and offers access to data that tracks and reports on mission impact, ensuring that purpose-driven organizations can adapt and thrive in a rapidly changing environment. The acquisition of Cobalt expands Momentive's depth of AMS and certification offerings to help associations of any size successfully manage business processes, membership engagement, credentialing, events and their overall impact.
'Our focus is on how we can better support mission-driven organizations by simplifying the unique challenges they face, so they can concentrate on what matters most - advancing their mission and creating lasting impact,' said Mike Henricks, CEO of Momentive Software. 'Acquiring Cobalt underscores Momentive's dedication to making strategic technology investments that deliver greater value to our customers and partners. The Cobalt team is joining us at a great time in our journey, and I look forward to growing our team and continue delivering user-friendly solutions to help nonprofits and associations sustain mission growth. Our recent launch of Automated Payments for MIP Accounting and improved payment experience with Clover Go integration, coupled with these acquisitions forge the path in our ability to change the industry.'
Nearly 200 enterprise organizations leverage Cobalt's Engagement Dynamics AMS and certification offerings to enhance membership and credentialing management and donor engagement, automate and streamline business processes, drive revenue and attract funding for greater community impact. The acquisition advances Momentive's efforts to enhance its end-to-end solutions portfolio, offering customers a choice to meet their unique association management needs to maximize mission impact.
'It's exciting for us to be joining Momentive Software at a time when they are leading the way in innovation to meet the evolving needs of associations by supporting their ability to make a significant impact and drive meaningful change,' said Russell Inman, CEO of Cobalt. 'We share a customer first approach, and we look forward working together to create new possibilities for our customers and partners.'
Terms of the transaction were not disclosed. Sherrard Roe Voigt & Harbison, PLC (Nashville, Tennessee) acted as legal counsel to Momentive Software in the transaction.
About Momentive Software
Momentive Software amplifies the impact of over 30,000 purpose-driven organizations in over 30 countries. Mission–driven organizations and associations rely on the company's cloud-based software and services to solve their most critical challenges: engage the people they serve, simplify operations, and grow revenue. Built with reliability at the core and strategically focused on events, careers, fundraising, financials, and operations, our solutions suite is bound by a common purpose to serve the organizations that make our communities a better place to live. Learn more at momentivesoftware.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
National Post
5 minutes ago
- National Post
IFF Launches POWERFRESH® ACE 2000, a Bread Fresh-Keeping Solution That 'Aces' the Shelf-Life Test
Article content New enzyme solution delivers longer-lasting softness, operational efficiency and market-driven innovation tailored to U.S. bakery needs Article content NEW YORK — IFF (NYSE: IFF) — a global leader in flavors, fragrances, food ingredients, health and biosciences — announces the launch of POWERFRESH® ACE 2000 to the U.S. market. This next-generation fresh-keeping enzyme solution is designed to help industrial bakeries deliver bread with improved softness, resilience and cohesiveness throughout shelf life — meeting specific consumer demands while improving operational efficiency. Article content Article content 'Developed by IFF's biosciences experts, this advancement underscores our commitment to helping bakeries deliver exceptional value and maintain a competitive edge in the industry,' said Clementina Dellomonaco, senior vice president of food biosciences at IFF. 'Whenever we enhance the consumer experience, we help our customers build stronger brand equity, drive repeat purchases and unlock long-term growth.' As ingredient prices rise and consumer expectations for long-lasting freshness continue to grow, U.S. bakeries face unprecedented pressure to maintain product quality without increasing operational strain. A recent survey shows that 60% of U.S. consumers would buy bread marketed as 'fresher for longer,' and more than half expect at least four days of freshness at purchase. 1 POWERFRESH® ACE 2000 addresses these priorities by improving softness and resilience for up to 34 days, while reducing waste and inventory complexity. Article content In IFF-led trials, POWERFRESH® ACE 2000 demonstrated a strong performance across both white and whole-wheat bread applications. This enzyme consistently delivered superior resilience while maintaining structure and visual appeal, even at lower dosage levels compared to market alternatives, resulting in stable loaves with excellent texture and mouthfeel. Crucially, it preserved the soft, yet easy-to-butter texture that consumers prefer, even several days after purchase. Article content 'As a staple food, bread is a regular fixture in consumers' baskets — so expectations for quality are high and constant,' said Emily Wagener, industry leader for food and beverage enzymes for North America at IFF. 'At the same time, bakeries face challenges that require smarter solutions. POWERFRESH® ACE 2000 is bakers' ally to deliver high-quality products with the delicious texture and freshness consumers expect, every time.' Article content As the latest addition to IFF's established POWERFRESH® portfolio, this new solution offers a smarter path to consistent bread quality and efficiency — whether used in new formulations or to optimize existing ones. Improved product resilience enables industrial bakeries to extend distribution and better manage shelf-life targets. These operational gains also align with sustainability goals by reducing waste, minimizing returns and optimizing resources across the supply chain. Article content Learn more about POWERFRESH® ACE 2000 and IFF's innovative bakery enzyme portfolio here. Welcome to IFF At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in flavors, fragrances, food ingredients, health and biosciences, we deliver groundbreaking, sustainable innovations that elevate everyday products — advancing wellness, delighting the senses and enhancing the human experience. Learn more at LinkedIn, Instagram and Facebook. Article content Article content Article content Article content
Globe and Mail
5 minutes ago
- Globe and Mail
Google search AI summaries hurt news sites' traffic, publishers say
News publishers say the AI-generated summaries that now top many Google search results are cutting into their online traffic – and experts are still flagging concerns about the summaries' accuracy as they warn the internet itself is being reshaped. When Google rolled out its AI Overview feature last year, its mistakes – including one suggestion to use glue to make pizza toppings stick better – made headlines. One expert warns concerns about the accuracy of the feature's output won't necessarily go away as the technology improves. 'It's one of those very sweeping technological changes that has changed the way we . . . search, and therefore live our lives, without really much of a big public discussion,' said Jessica Johnson, a senior fellow at McGill University's Centre for Media, Technology and Democracy. 'As a journalist and as a researcher, I have concerns about the accuracy.' Google's unleashes 'A.I. Mode' in the next phase of its journey to change search engine While users have flagged mistakes in the AI-powered summaries, there is no academic research out there yet defining the extent of the problem. A report released by the BBC earlier this year examining AI chatbots from Google, Microsoft, OpenAI and Perplexity found 'significant inaccuracies' in their summaries of news stories, although it did not look at Google AI Overviews specifically. In small font at the bottom of its AI summaries, Google warns users that 'AI responses may include mistakes.' The company maintains the accuracy of the AI summaries is on par with other search features, like those that provide featured snippets. 'As people use AI Overviews, we see they're happier with their results, and they come to Google to even ask more of their questions,' a Google spokesperson said in a statement. 'The vast majority of AI Overviews are highly factual and we've continued to make improvements to both the helpfulness and quality of responses.' Chirag Shah, a professor at the University of Washington's information school specializing in AI and online search, said the error rate is due to how AI systems work. Generative AI doesn't understand concepts the way people do. Instead, it works by making predictions based on massive amounts of training data. Shah said that 'no checking' takes place after the systems retrieve the information from documents and before they generate the results. 'What if those documents are flawed?' he said. 'What if some of them have wrong information, outdated information, satire, sarcasm?' A human being would know that someone who suggests adding glue to a pizza is telling a joke, he said, but an artificial intelligence system would not. It's a 'fundamental problem' that can't be solved by 'more computation and more data and more time,' Shah said – and better technology could actually make the problem worse. 'If anything, I worry that they will get so good . . . people will get comfortable enough with them that we will just trust them beyond what their abilities are,' he said. He said online searches in general are changing in a fundamental way. As Google integrates AI into its popular search function, other AI companies' generative AI systems, such as OpenAI's ChatGPT, are acting as search engines themselves. Canadian CEOs are embracing generative AI's speed and efficiency. The impact on their employees is less certain Search engines were designed originally to help users find their way around the internet, Shah said, but now the goal of those who design online platforms and services is to get the user to stay in the same system. 'If that gets consolidated . . . that's essentially the end of the free web,' he said. 'I think this is a fundamental and a very significant shift in the way not just the search but the web, the internet operates. And that should concern us all.' A study by the Pew Research Center from earlier this year found users were less likely to click on a link when their search resulted in an AI summary. While users clicked on a link 15 per cent of the time in response to a traditional search result, they only clicked on a link eight per cent of the time if an AI summary was included. That's cause for alarm for news publishers, both in Canada and abroad. Paul Deegan is CEO of News Media Canada, which represents Canadian news publishers. He said the AI summaries are acting as a drag on news media outlets' online engagement. 'Zero clicks is zero revenue for the publisher,' Deegan said. Alfred Hermida, a professor at the University of British Columbia's journalism school, said Google used to be a major source of traffic for news outlets. 'People would search for something on the web, find a link to a news story and think, oh, that sounds interesting, I'll click and read it. Of course, if you have an AI summary, it's done that for you,' he explained. 'When you have most people who are casual news consumers . . . that AI summary may be enough.' Last month, a group of independent publishers submitted a complaint to the U.K.'s Competition and Markets Authority saying that AI overviews are causing them significant harm. Keldon Bester, executive director of the Canadian Anti-Monopoly Project, said there is a competition issue at play and there could 'potentially' be a case under Canadian law. He noted that Google has been hit with competition cases in the past, including one which saw the company lose an antitrust suit brought forward by the U.S. Department of Justice over its dominance in search. 'We have a single company which is and has been the front door to the internet,' Bester said. 'As we appear to move to this kind of narrowing approach, whether that's AI summaries or chatbot interactions, it really is in my mind just another iteration of those same concerns.' In a post last week, Google's head of search Liz Reid said 'organic click volume' from searches to websites has been 'relatively stable year-over-year.' Reid said that pattern contradicts 'third-party reports that inaccurately suggest dramatic declines in aggregate traffic – often based on flawed methodologies, isolated examples, or traffic changes that occurred prior to the roll out of AI features in Search.' She said Google cares 'passionately – perhaps more than any other company – about the health of the web ecosystem.' Clifton van der Linden, an associate professor and director of the Digital Society Lab at McMaster University, noted many AI summaries are accurate. 'I think the reason you're seeing these rapidly changing dynamics in referral traffic is in part because users do find these AI-generated summaries useful . . . but useful does not necessarily equate to credible, authoritative, or correct,' he said. He said that if users bypass a link to a news site due to an AI-generated summary, that 'compounds an existing problem' in Canadian media, which is dealing with a ban on news links on Facebook and Instagram. Justin Trudeau's Liberal government passed the Online News Act in 2023 to require Meta and Google to compensate news publishers for the use of their content. In response, Meta blocked news content from its platforms in Canada, while Google has started making payments under the legislation. The future of that legislation seems uncertain. Prime Minister Mark Carney indicated last week he is open to repealing it. Johnson said Canadian media has now experienced a 'one-two punch' – first from Meta pulling news links and now from the emergence of AI search engines. 'The point is, and other publishers have raised this, what's the point of me producing this work if no one's going to pay for it, and they might not even see it?'
National Post
5 minutes ago
- National Post
KUBRA Named One of Arizona's Most Admired Companies for 2025
Article content TEMPE, Ariz. — KUBRA, a leading provider of customer experience management solutions for some of the largest utility, government, and insurance entities, is thrilled to announce that it was selected as one of Arizona's Most Admired Companies in 2025. Article content This honor, presented in partnership with AZ Big Media and BestCompaniesAZ, recognizes companies that set the standard across five pillars of excellence: customer opinion, innovation, leadership excellence, corporate and social responsibility, and workplace culture. With a record number of nominations and a highly selective judging process, this recognition highlights KUBRA's continued leadership and impact in Arizona's business community. Article content 'Being recognized for the fifth consecutive year is not just an achievement, it's a reflection of our team's daily commitment,' said Rick Watkin, President and CEO of KUBRA. 'We remain focused on cultivating a culture of innovation, inclusion, and service, and we're honored that our efforts are being celebrated once again in Arizona.' Article content KUBRA's success is driven by its dynamic, employee-centered culture that encourages collaboration, technological advancement, and social responsibility. Rather than just a place to work, KUBRA fosters a purpose-driven community where individuals are empowered to make a meaningful impact. Article content For prospective employees seeking opportunities at KUBRA, visit our careers page to explore openings and discover how you can join a team that values innovation, diversity, and growth. Article content About KUBRA Article content KUBRA provides customer experience management solutions to some of the largest utility, government, and insurance entities across North America. Our extensive portfolio includes billing and payments, mapping, mobile apps, proactive communications, and artificial intelligence solutions for customers. With more than two billion customer interactions annually, KUBRA services reach over 40% of households in the U.S. and Canada. KUBRA is an operating subsidiary of the Hearst Corporation. Visit for more information. Article content About Most Admired Companies Article content Arizona's Most Admired Companies is a business awards program designed to recognize the contributions and impact all Arizona employers bring to the state. Based on five pillars, this is the most comprehensive and prestigious company-based business award program in Arizona. Article content About BestCompaniesAZ Article content Founded in 2002, BestCompaniesAZ pioneered the intersection of recruiting, human resources, marketing, and public relations — today known as Employer Branding or 'PR for HR.' BestCompaniesAZ has evolved into an exclusive, niche marketing and employer branding firm that specializes in helping award-winning companies amplify their employer brand, expand their network, improve their reach, and attract top talent on a regional and national level. Visit the KUBRA profile to learn To learn more, visit KUBRA's profile on BestCompaniesAZ. Article content Article content Article content Article content Contacts Article content Media: Article content Article content Article content Article content
