Latest news with #Streamlined
Yahoo
5 days ago
- Business
- Yahoo
FP Alpha Unveils Estate Insights 2.0; Helping Financial Advisors Deliver Deeper, More Actionable Planning
NEW YORK, June 3, 2025 /PRNewswire/ -- FP Alpha, the premier AI-driven wealthtech platform for financial advisors, today announced the release of its enhanced Estate Insights 2.0, a groundbreaking advancement in estate planning technology designed to empower financial advisors with deeper, more actionable insights while streamlining the estate review process. This enhanced capability marks a significant evolution in how advisors approach estate planning. By harnessing advanced AI-powered data extraction, FP Alpha now delivers hundreds of data points—up from 30—directly from estate planning documents such as wills, trusts, and powers of attorney. Advisors can now perform a more thorough estate analysis, uncover key planning opportunities, and surface critical risks with greater accuracy and speed. "Estate planning is one of the most overlooked yet impactful components of financial planning," said Andrew Altfest, CFP®, Founder and CEO of FP Alpha. "With our enhanced Estate Insights feature, we're not just improving efficiency—we're equipping advisors to deliver a new level of value to their clients and redefine their role as proactive, holistic planners." FP Alpha's Estate Insights 2.0 provides many benefits to advisors and their clients including: AI-Driven Estate Document AnalysisAdvisors can now unlock hundreds of data points from client and co-client documents, categorized by person, document type, and insight category. Simplified, Streamlined WorkflowA redesigned questionnaire-driven experience enables advisors to select between Instant or In-Depth analyses, significantly reducing manual input and time spent on reviews. Smart Categorization of InsightsNew "Insight Tags" clearly label observations as: Enhanced Client EngagementInsights are presented in a visually intuitive, structured format that supports meaningful client conversations—strengthening trust and deepening relationships. These enhancements also provide advisors with a clearer view of the estate plan to better inform recommendations, and the faster, more intuitive experience accelerates the advisor's ability to identify opportunities. Ultimately, the personalized, easy-to-understand, insights lead to more confident, engaged clients. In addition to the clear benefits to the client, advisors and their firms also benefit. By surfacing estate gaps and collaborating with legal professionals, advisors can bring in more clients, generate more attorney referrals and connect with the Next Gen. With this release, FP Alpha is not only transforming estate planning within firms but also driving innovation across the financial services industry. Estate Insights 2.0 is enabling a more data-driven, scalable, and compliant approach to estate planning—bridging the gap between financial planning and legal considerations. "Advisors are looking for tools that help them deliver real value and stand out in a competitive landscape," said Rachel Schwab, Head of Product at FP Alpha. "This enhancement empowers them to do just that—while setting a new standard for estate planning excellence." About FP Alpha Founded by financial planner and industry leader, Andrew Altfest, CFP®, FP Alpha is an AI-driven tax, estate and insurance planning solution that helps advisors identify actionable recommendations to clients, in a scalable, intelligent, and cost-efficient manner. FP Alpha is designed to integrate seamlessly into the many stages of the financial planning process and is complementary to the advisor's current financial planning software, starting where they stop. By leveraging AI learning and subject matter experts across 16 financial planning disciplines, including tax, estate and insurance, this innovative platform allows advisors to uncover new planning opportunities and provide clients with more holistic advice. For more information, please visit: View original content to download multimedia: SOURCE FP Alpha 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
Business Journals
12-05-2025
- Business
- Business Journals
4 practical solutions to optimize the accounts receivable process for your construction business
The construction industry is facing tremendous pressure from all sides. Material and labor costs remain high. Staffing is in short supply. Interest rates make financing projects more expensive, and complex contract terms slow already lengthy payment cycles. For CFOs, the stakes are high. Managing accounts receivable (AR) can be an uphill battle. When things don't go well, late payments ripple through the business, delaying payments to subcontractors, pushing back timelines and damaging critical relationships with project partners. The good news? New tools make it possible for construction companies to transform their AR teams into an operational advantage. Streamlined workflows and improved forecasting saves the finance team valuable time to tackle strategic priorities. Here are four steps financial leaders can take to improve cash flow, maintain financial stability and position your construction firm for long-term success. 1. Automate credit management A strong credit policy is your organization's first layer of protection against financial risk. Unfortunately, the traditional manual processes for this are time-consuming and make it difficult to adapt to macroeconomic fluctuations. This can leave your business exposed to a higher credit risk than desired. Automation changes the game. Tools like the CommercePayments® Integrated Receivables Credit Cloud allow your AR team to automate credit applications — sending, tracking and managing applications in one place. The platform also allows you to review customers' credit periodically to ensure you don't take on more risk than is optimal. You'll make better credit decisions and keep up-to-date analytics at your fingertips. 2. Automate billing and invoicing Construction projects often involve multiple billing milestones, making manual invoicing cumbersome and error-prone. It also adds time to an already sluggish process. Missing just one milestone or making a single error can turn into a weeks-long payment delay. Here's the hard truth: Construction companies often wait over three months to collect payment on their invoices — more than double the recommended 45-day threshold for days of sales outstanding (DSO). Switching to an automated billing and invoicing system can completely transform this process. For example, the CommercePayments® Integrated Receivables Collections Cloud equips construction companies with software to allow customers to view and pay invoices through an online self-service channel. You can send invoices across multiple channels, including email, electronic data interchange, fax, mail or a payments portal. 3. Simplify the order-to-cash cycle The construction industry's process from delivering a service to collecting payments can be lengthy and complex. Most AR departments must manually match payments to remittance data, often posting files from multiple systems. This means long hours of tedious, low-level work. Simplifying and standardizing this cycle is key to faster payments. The CommercePayments® Integrated Receivables Cash Application Cloud allows suppliers to link multiple payment types — from varied payment channels, with payment remittance details from diverse sources — and apply the cash to open receivables in their enterprise resource planning (ERP) system. It uses artificial intelligence to consolidate communication and remittance details into one system and uses optical character recognition and automated matching to boost precision and productivity. 4. Proactively manage operations and optimize working capital Delays are always a risk in construction, and that carries over to AR. Late payments can set off an avalanche of problems, as tight cash flow turns into delays in paying subcontractors, stretching out project timelines and ruining important relationships. However, handling collections manually is inefficient. It takes time for your AR team to personally review aging reports and decide which accounts to call on and when. Automation is a great way to manage payments collection proactively. The CommercePayments® Collections Cloud automatically creates worklists for collections team members, directing them to the next best action. It also assists the team in writing correspondence and simplifies tracking call logs, buyer payment commitments and dispute management. Automation is the key By using technology to implement these strategies, your business will enjoy the benefits of a proactive approach to AR. You'll be able to align project timeliness and inventory cycles to your billing schedules and have processes in place to reduce gaps in cash flow and ensure projects stay on track. Real-time dashboards will allow you to monitor outstanding invoices, prioritize collections and forecast cash inflows, which is critical information for managing strategy. This also will free up valuable resources in your accounting department. Your team will spend less time on low-level tasks such as checking invoices, credit management and handling deductions. This will give them more time to handle high-value tasks, such as investigating exceptions, resolving discrepancies and strategically following up on collections. Pressures in the construction industry will not go away any time soon. Every team member needs to focus on the highest-level tasks possible — setting and executing your business strategy. An investment in AR automation today is an investment in your company's financial stability and long-term success. CommercePayments® solutions are provided by Commerce Bank. Automation can have unique effects for every business and transitioning from manual to automated accounts payable can play a vital role in turning your AP department into a profit center. and find the right automation solution for you.
Business Insider
22-04-2025
- Business
- Business Insider
COGNNA Unveils Nexus, Agentic AI Security Operations Platform
Breakthrough Release Delivers Intelligence-Led Agentic AI with Seamless Integrations for Optimized Security Automation RIYADH, SA / ACCESS Newswire / April 22, 2025 / COGNNA, a pioneering force in AI-driven cybersecurity, today launched COGNNA Nexus, a revolutionary Security Operations Center (SOC) platform designed to transform threat management. This significant release harnesses the power of advanced agentic AI to provide autonomous threat detection, analysis, and response, dramatically reducing alert fatigue, accelerating incident response, and enabling security teams to proactively combat evolving cyber threats with unparalleled efficiency. Today's Security Operations Centers (SOCs) face an unprecedented challenge: managing the sheer volume and complexity of cyber threats. Security teams are often overwhelmed by a deluge of alerts from disparate security tools, leading to alert fatigue and delayed responses to critical incidents. According to Microsoft, security analysts spend a significant portion of their time - nearly three hours daily - manually triaging security alerts, a large portion of which turn out to be false positives. This highlights the critical need for more efficient and intelligent threat management solutions. The COGNNA Nexus platform, showcased at RSA 2025, allows organizations to shift from reactive to proactive security measures by integrating deep telemetry, real-time detection, advanced threat hunting, autonomous investigation, proactive threat intelligence, and guided response into a single workflow. This comprehensive approach spans endpoint assets, identities, cloud services, and hybrid environments, providing security teams with complete context, reduced noise, and actionable clarity. By enabling security teams to focus on what matters, COGNNA Nexus helps organizations effectively combat increasingly sophisticated cyber threats. Enhanced Agentic AI: Advanced agentic AI capabilities, enabling the platform to autonomously detect, analyze, and respond to threats in real-time. This reduces reliance on manual intervention, dramatically accelerating incident response times. Unified Security Posture: Seamless integration with a broader ecosystem of security tools and platforms delivers comprehensive visibility and control across complex IT environments. This eliminates data silos and enhances threat correlation Advanced Predictive Threat Modeling: Leveraging advanced AI, the platform predicts potential threats before they materialize. This proactive approach allows organizations to anticipate and mitigate risks, strengthening their defenses against evolving cyberattacks Streamlined Security Operations: Automation of routine security tasks, such as threat triage and incident response, frees up security analysts to focus on higher-level strategic initiatives. Enhanced AI-Powered Agent: An AI Agent provides instant security insights and guidance, enabling security teams to quickly access critical information and make informed decisions. "COGNNA Nexus represents a major leap forward in AI-powered security operations, and we're excited to showcase this transformative technology to the US market at RSA," said Ibrahim Alshamrani, CEO & Cofounder of COGNNA. "By enhancing agentic AI and expanding integrations, we are empowering Security Operations Centers globally, to achieve unprecedented levels of security efficiency and effectiveness, addressing the evolving threat landscape with truly innovative cybersecurity solutions." Visit COGNNA at the 2025 RSA Conference COGNNA is thrilled to announce its participation in the upcoming RSA Conference, where Ibrahim Alshamrani, CEO & Cofounder and Ziyad Alshehri, CTO & Cofounder, will showcase the Nexus platform at the Saudi Arabia Pavilion in collaboration with the National Cybersecurity Authority (NCA), Booth 760 in the South Expo. This presents a unique opportunity for attendees to experience firsthand the transformative capabilities of Nexus and discover how it can revolutionize their Security Operations Centers (SOCs), providing a glimpse into the future of AI-driven security. About COGNNA: COGNNA is a leading innovator in AI-driven cybersecurity solutions. The company is dedicated to developing cutting-edge technologies that empower organizations to proactively defend against sophisticated cyber threats. COGNNA's solutions leverage advanced AI algorithms to automate security operations, enhance threat detection, and streamline incident response. Contact Information View the original press release on ACCESS Newswire
Associated Press
28-01-2025
- Associated Press
Bitwarden Secure Shell (SSH) Agent Enhances Secure Key Management Within Password Manager
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Jan 28, 2025-- Bitwarden, the trusted leader in password, secrets, and passkey management, today announced it has strengthened its Password Manager with secure shell management (SSH). This update centralizes cryptographic key management, enabling secure storage, import, and generation of SSH keys directly within the Bitwarden vault to enhance workflows for developers and IT professionals. Addressing SSH key management challenges SSH keys are essential for securing connections between devices and servers, enabling passwordless authentication for remote systems. Traditional SSH key workflows often require managing multiple keys across devices and manually configuring access, which can lead to inefficiencies and security risks. The update centralizes these workflows by encrypting and securely storing private keys, enabling seamless authentication for tasks such as server access, Git commits, and remote operations. Boosting productivity and elevating security The SSH agent streamlines secure authentication and simplifies SSH key processes for developers and IT professionals. The new capability will allow: Secure authentication: SSH keys are encrypted and stored in the vault within an SSH item type, accessible only after user authentication to protect critical operations like Git commits or server connections. Streamlined key management: Generate and manage Ed25519 and RSA keys within a centralized interface, reducing manual effort and speeding up team onboarding. Automated access: Keys load automatically as needed, eliminating repeated passphrase entry for tasks like signing commits or managing remote servers. Reducing risks of unused and unmanaged keys Unused and unmanaged keys pose significant security challenges, such as unauthorized access and increased vulnerability to breaches. Recent studies reveal that in large organizations, up to 90% of authorized SSH keys are inactive, with 10% granting privileged access. The SSH agent addresses these issues by centralizing key management, securing storage, and automating access. By automating key loading, the SSH agent simplifies operations and reinforces security measures, enabling developers, system administrators, and IT professionals to manage SSH keys efficiently across macOS, Windows, and Linux. To learn more about how Bitwarden secures and manages SSH keys, please visit: Bitwarden empowers enterprises and individuals to securely manage and share information online through trusted open-source security solutions. From Password Manager to Secrets Manager and Bitwarden delivers tools to enhance online security for users everywhere. Founded in 2016, Bitwarden serves tens of thousands of businesses and millions of users globally. The company is headquartered in Santa Barbara, California, learn more at SOURCE: Bitwarden Copyright Business Wire 2025. PUB: 01/28/2025 03:15 PM/DISC: 01/28/2025 03:17 PM
