Latest news with #MicrosoftDynamics365BusinessCentral
Cision Canada
5 days ago
- Business
- Cision Canada
FISPAN Raises $30M Series B to Accelerate Embedded Banking Innovation for Mid-Market Businesses
Canapi Ventures leads investment round to accelerate FISPAN's growth VANCOUVER, BC, June 3, 2025 /CNW/ - FISPAN, the industry leader in embedded ERP banking solutions, announced today that it has closed $30 million USD in Series B funding led by fintech and enterprise software investment firm Canapi Ventures. This new capital will accelerate FISPAN's mission of seamlessly integrating banking services directly into businesses' enterprise resource planning (ERP) systems and accounting software. Bridging the Gap Between Banks and Businesses For many years banks have invested in host-to-host and API platforms, enabling large enterprises to reap the productivity benefits of connecting to their financial institutions directly. FISPAN packages those connectivity capabilities and enables banks to distribute their treasury products to mid-market and smaller businesses via an easy to install, out-of-the-box, in-ERP plugin. Trusted by the world's largest banks and nearly 5,000 businesses across North America, FISPAN enables banks to deliver modern, integrated client experiences by embedding key financial and banking capabilities directly into their existing ERP system or accounting software. For businesses, this means: Centralized Financial Workflows: Integrating financial transactions and operational workflows into a single system, eliminating inefficiencies and disconnected processes Automated Processes: Built-in automation streamlines routine tasks like payment initiation and approval processes – saving time and lowering costs Fewer Manual Errors: Direct ERP integrations minimize manual uploads and data entry, improving accuracy and minimizing operational risk Through seamless API integration with systems like Oracle NetSuite, Sage Intacct, and Microsoft Dynamics 365 Business Central, banks can offer contextual solutions that streamline payables, cash management, and reconciliation. "This Series B funding is a pivotal moment for FISPAN, empowering us to significantly scale our innovation and market reach," said Lisa Shields, CEO & Founder at FISPAN. "Canapi quickly distinguished themselves through their understanding of the embedded ERP banking landscape and our unique opportunity within it. With an LP network of over 75 financial institutions—and partners with banktech operating expertise — Canapi is a natural partner for our next chapter. We're excited to work with Canapi to help more treasury teams optimize their operations." Driving the Next Phase of FISPAN's Expansion In conjunction with the investment, Tom Davis from Canapi Ventures will join FISPAN's board of directors. This new capital will fuel several key growth opportunities: Accelerated Product Development: Deepen AI capabilities, expand ERP and accounting system integrations, and enhance platform capabilities to support full-stack treasury solutions Expanded Market Reach: Scale go-to-market efforts in key regions and significantly grow banking and channel partner networks Strategic Talent Acquisition: Expand FISPAN's world-class team with top-tier talent to accelerate product leadership and customer experience "FISPAN is at the forefront of a fundamental shift in how businesses interact with their banks," said Tom Davis, General Partner at Canapi. "Their proven ability to deliver highly sought-after embedded finance solutions positions them for tremendous growth. Our investment reflects our confidence in their visionary team and their capacity to build a leading platform that drives efficiency and value for both financial institutions and their corporate clients." About FISPAN FISPAN is a leading fintech company that seamlessly integrates banks with their clients' enterprise resource planning (ERP) and accounting systems. Founded in 2016, FISPAN provides innovative ERP banking solutions that eliminate the complexities and frustrations of traditional banking services. By embedding banking services directly into ERP and accounting software, FISPAN streamlines financial workflows, reduces costs, minimizes manual errors, and enhances efficiency for businesses of all sizes. For more information, head to the United States – Canapi brings unmatched sector experience and best-in-class knowledge, connections, and credibility to founders. For more information, visit
Yahoo
29-05-2025
- Business
- Yahoo
Bighorn Web Solutions Signs Magento Partnership with PSP Pharma to Drive eCommerce Expansion
Bighorn Web Solutions has signed a partnership with PSP Pharma to improve and grow their e-commerce platforms across Eastern Europe and Central Asia. Denver, Colorado--(Newsfile Corp. - May 29, 2025) - Bighorn Web Solutions, a leading enterprise-grade eCommerce agency, has signed a Magento eCommerce contract with PSP Pharma. Bighorn Web Solutions is responsible for the technical development of PSP Pharma's e-commerce systems, including and the PSP mobile application. The partnership is focused on improving platform performance, user experience, and operational efficiency to better serve PSP Pharma's growing customer base. CEO of Bighorn Web Solutions, Caleb Bradley, and Mamuka Bregvadze, administrative director of PSP Pharma To view an enhanced version of this graphic, please visit: PSP Pharma plans to expand its e-commerce platform across the region, with a focus on increasing access to health and self-care products in the Caucasus and Central Asia. This strategic move will enable the company to strengthen its presence and drive product sales throughout these markets. PSP has its eyes set on technology innovation and global growth. They're the first pharmaceutical company in Eastern Europe to fully implement Microsoft Dynamics 365 Business Central and LS Retail, setting a new benchmark for service quality, operational efficiency, and business process integration. The agreement with Bighorn Web Solutions positions PSP to lead the region in e-commerce excellence. "Partnering with PSP Pharma aligns strongly with Bighorn's global expertise and our commitment to empowering visionary companies. Signing this contract reinforces the mutual value we are creating and reflects our role as a trusted technology partner. As PSP expands into new regional markets, we are excited to deliver the solutions that support their growth and to play a key role in shaping the future of eCommerce in the pharmaceutical sector," said Caleb Bradley, CEO of Bighorn Web Solutions. To learn more about Bighorn Web Solutions and its enterprise eCommerce development services, please visit About Bighorn Web Solutions: Bighorn Web Solutions is a U.S.-based enterprise-grade e-commerce agency rooted in the Rocky Mountain region, comprised of senior-level engineers who are specialists, not generalists. With deep expertise in its respective niches, the agency understands the importance of staying ahead in an ever-evolving digital landscape. Media Contact: Caleb BradleyCEO, Bighorn Web To view the source version of this press release, please visit Sign in to access your portfolio
Cision Canada
23-05-2025
- Business
- Cision Canada
Innovia Consulting Acquires Lloyd Business IT Solutions NAV Operations, Expanding Its Microsoft Dynamics Presence In Canada
ONALASKA, Wis., May 23, 2025 /CNW/ -- Innovia Consulting, a leading Microsoft Dynamics 365 Business Central partner, is pleased to announce the merging of Lloyd Business IT Solutions, a respected provider of Microsoft Dynamics services based in Ontario, Canada into Innvoia Consulting North America operations. This change strengthens Innovia's position in the Microsoft Dynamics ecosystem and enhances its ability to deliver exceptional service and support to clients across Canada. Lloyd Business IT Solutions has built a strong reputation for delivering ERP solutions and outstanding customer service. Dan Kaltiainen, the founder and owner of Lloyd Business IT Solutions, will be joining the Innovia Consulting team. Daniel will continue to work closely with clients and contribute his deep industry knowledge and technical expertise to Innovia's growing team. "We are thrilled to welcome Daniel and the Lloyd Business IT Solutions team to the Innovia family," said Alan Wyne, CEO of Innovia Consulting. "Their commitment to excellence and customer success aligns perfectly with our values, and we look forward to achieving great things together." Both companies' clients can expect a seamless transition and continued dedication to high-quality service, innovation, and support.
Yahoo
23-05-2025
- Business
- Yahoo
Innovia Consulting Acquires Lloyd Business IT Solutions NAV Operations, Expanding Its Microsoft Dynamics Presence In Canada
ONALASKA, Wis., May 23, 2025 /CNW/ -- Innovia Consulting, a leading Microsoft Dynamics 365 Business Central partner, is pleased to announce the merging of Lloyd Business IT Solutions, a respected provider of Microsoft Dynamics services based in Ontario, Canada into Innvoia Consulting North America operations. This change strengthens Innovia's position in the Microsoft Dynamics ecosystem and enhances its ability to deliver exceptional service and support to clients across Canada. Lloyd Business IT Solutions has built a strong reputation for delivering ERP solutions and outstanding customer service. Dan Kaltiainen, the founder and owner of Lloyd Business IT Solutions, will be joining the Innovia Consulting team. Daniel will continue to work closely with clients and contribute his deep industry knowledge and technical expertise to Innovia's growing team. "We are thrilled to welcome Daniel and the Lloyd Business IT Solutions team to the Innovia family," said Alan Wyne, CEO of Innovia Consulting. "Their commitment to excellence and customer success aligns perfectly with our values, and we look forward to achieving great things together." Both companies' clients can expect a seamless transition and continued dedication to high-quality service, innovation, and support. For more information, please visit or contact Alan Wyne - awyne@ View original content to download multimedia: SOURCE Innovia Consulting View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time Business News
03-05-2025
- Business
- Time Business News
Scaling eCommerce: Why Shopify Integration with ERP is a Game-Changer
As eCommerce businesses expand, they often manage inventory, orders, finances, and customer data using several systems. This can be time-consuming and prone to errors. That's where ERP (Enterprise Resource Planning) integration comes in, providing a solution that can significantly improve how online retailers run their operations. Shopify integration in an ERP system connects your online store with your back-office processes, automatically syncing everything from inventory management to financial reporting. This integration eliminates the need for manual data entry, relieving you from the burden of managing multiple systems separately and reducing the chances of costly mistakes. Running a business can be challenging, so why not make things easier with Shopify integration? An ERP integration with Shopify connects your online store to an ERP system, helping streamline and automate essential business tasks like inventory management, order processing, financial tracking, and customer data management. With this integration, order details are automatically transferred to your ERP system when a customer purchases your Shopify store. This updates inventory levels, triggers fulfillment tasks, adjusts financial records, and updates customer information—all without you needing to enter anything manually. Instead of juggling multiple platforms, an integrated ERP system becomes the central hub where all your business data is synced in real time. Although Shopify integration has no built-in ERP system, it easily integrates with top ERP solutions like Oracle NetSuite, Microsoft Dynamics 365 Business Central, Brightpearl, and Finaloop. These integrations are key in simplifying eCommerce operations by automating repetitive tasks and providing a single source of truth for business data. They also streamline scaling, allowing businesses to handle higher order volumes, manage multiple sales channels, and make data-driven decisions without adding extra operational burden. ERP integration brings many benefits to your eCommerce business, from daily operational improvements to supporting smarter decision-making. Here are the key advantages of ERP integration: One of the biggest benefits of ERP integration is managing everything from one place. When a customer places an order, the ERP system automatically updates inventory levels, starts the order fulfillment process, and adjusts financial records. This centralization means you don't have to jump between different systems, so you always have accurate, up-to-date information across your business functions. By automating the data transfer between Shopify and your ERP, you significantly reduce the risk of human error that comes with manual data entry. Tasks that used to take hours, like reconciling inventory counts or updating order statuses, now happen automatically and accurately. This saves valuable time and prevents costly mistakes, like overselling, shipping delays, or discrepancies in accounting. ERP integration gives you immediate access to real-time data about your business. Whether checking inventory, tracking sales trends, or analyzing profit margins, the information is always up-to-date and easy to access. This visibility empowers you to make faster, more informed inventory purchasing, pricing, and resource allocation decisions. You can quickly identify trends, address potential issues before they escalate, and seize new opportunities as they arise. As your Shopify store grows, an integrated ERP system grows with you. It can handle increased order volumes and complex operations without hiring more staff or adding resources. The system can manage multiple sales channels, warehouses, and currencies while keeping things running smoothly. This scalability provides you with the confidence that your operations can handle busy periods or peak seasons without struggling to meet demand. ERP integration boosts customer satisfaction by improving the efficiency and accuracy of your operations. You can avoid overselling and give customers accurate delivery estimates with real-time inventory data. The system can also automate communications, providing customers with updates on order statuses, shipping progress, and restocks—keeping them informed and happy throughout their experience with your brand. Integrating an ERP system with Shopify integration involves several key steps, from assessing business needs and choosing the right ERP to syncing data and testing the connection. A well-structured integration plan helps avoid technical issues, boost efficiency, and maximize the benefits of ERP. Here's a step-by-step breakdown of how the process works: Before implementing integration, businesses should examine their current operations closely. Are inventory discrepancies causing stockouts or overstocking? Is manual order tracking slowing down fulfillment? Are financial reports delayed due to disconnected systems? Identifying these challenges helps define what you need from an ERP solution. Once the main pain points are clear, businesses should outline their goals for the integration—whether it's automating order processing, improving financial tracking, or scaling for future growth. Prioritizing these objectives helps select an ERP that aligns with long-term business strategy. Not all ERP systems are created equal. Small to mid-sized businesses may find cost-effective and flexible solutions like Odoo, Brightpearl, or Finaloop suitable. At the same time, larger enterprises might require a more robust option like NetSuite for scalability and advanced functionality. Another factor to consider is whether the ERP system has a built-in Shopify integration or requires third-party middleware. Some ERPs offer native Shopify connectors for a smoother setup, while others need additional software to link the platforms. Choosing the right approach from the start helps prevent unexpected technical challenges. A smooth integration starts with clean and organized data. Before connecting Shopify to an ERP, businesses should ensure accurate and current product listings, customer records, and order history. This helps prevent data inconsistencies during the transfer. Additionally, businesses must enable API access in Shopify's settings since most ERP systems use APIs to sync data. Creating backups of Shopify data is also a smart precaution to protect against any issues during the transition. There are three main ways to integrate Shopify with an ERP system: Direct API Integration: Enables real-time inventory, orders, and financial data syncing. This method is ideal for businesses that need instant updates but may require technical expertise. Middleware Solutions: This acts as a bridge between Shopify and ERP, translating data between the two. It is a good option if the ERP doesn't have a built-in Shopify connector or if custom modifications are needed. Custom Development: Tailor-made integrations for businesses with unique needs that standard solutions can't meet. To ensure effective communication between Shopify and the ERP system, businesses must map data fields such as product SKUs, customer details, pricing, and order statuses. Proper mapping prevents inconsistencies and ensures seamless updates between the two platforms. Once the mapping is complete, a data sync aligns all relevant information. This ensures that any updates in Shopify—like new orders or stock adjustments—are reflected in the ERP system. Thorough testing is essential before launching. Businesses should simulate different scenarios, such as processing orders, updating inventory, handling returns, and syncing financial transactions. This step also involves stress-testing the system to identify potential failure points and ensure smooth operations. Once testing is complete, the ERP integration goes live. However, continuous monitoring is crucial to ensure everything runs smoothly. Businesses should track data flow in real time and quickly address errors or discrepancies. Additionally, using ERP analytics tools helps measure the integration's effectiveness, allowing businesses to refine workflows and optimize operations over time. Integrating an ERP system with Shopify can transform the way eCommerce businesses operate. By consolidating essential functions like inventory management, order processing, and financial reporting into one unified system, companies can eliminate inefficiencies caused by disconnected platforms. Real-time data synchronization ensures accuracy and boosts overall operational efficiency. Of course, ERP integration comes with its challenges—technical setup, data migration, and upfront investment, but the long-term advantages make it worthwhile. A well-executed integration streamlines workflows and provides real-time insights for better decision-making, enables scalable automation to support growth, and enhances customer satisfaction by ensuring accurate inventory tracking and smooth order fulfillment. TIME BUSINESS NEWS
