Cash flow stories

Cognizant raises margin guidance after first-quarter bookings surged 21% and it struck seven large deals, including one mega contract, as revenue grew.

xReality Group's US defence push lifts annual recurring revenue 67% to GBP £5.6 million as quarterly cashflow turns positive at GBP £1.3 million.

Sage acquires Doyen AI and adds new Intacct, HCM and developer tools as it pushes AI deeper into finance software workflows.

Sage expands AWS partnership to speed AI finance tools for SMBs, with new marketplace offerings, cloud migration and developer support.

Finologee teams with Gresham to embed Control into Banking Orchestrator, automating depositary reconciliation for insurers, fund managers and asset servicers.

Monk lands USD $25 million to expand software that spots invoice errors, portal rejections and missed contacts before finance teams chase payment.

Zelle and Truist begin a controlled test of recurring credit card bill payments, aiming to give consumers clearer confirmation and reduce late-fee uncertainty.

GE Vernova reports stronger first-quarter orders, profit and cash generation, with Power and Electrification driving a bigger backlog and improved outlook.

KnowBe4 teams with Flywire to streamline international billing, accepting 140 currencies as it cuts manual reconciliation and boosts cash flow.

Tech Mahindra lifts FY26 revenue and EBIT, while record dividend, strong deal wins and 10th straight quarter of margin expansion signal turnaround gains.

Cerillion's first-half trading was boosted by a GBP £42.5 million Omantel deal, sending new orders higher and setting up a stronger second half.

VAST Data's latest funding round highlights booming demand for AI infrastructure, with backers betting on its data platform and global expansion plans.

Pinewood boosts annual revenue and EBITDA as testing begins at Lithia's US dealerships, with cash rising and medium-term growth targets intact.

Xero rolls out AI-powered business health scorecards as 4.6 million subscribers gain deeper KPI tracking, cash flow forecasts and sharing tools.

Intuit's QuickBooks is under pressure as AI start-ups push automated bookkeeping, forcing accounting software to prove it can do more than digitise ledgers.

Xero unveils AI-native finance platform and JAX assistant to cut admin for small firms, with accountants and bookkeepers also in line for gains.

Elite rolls out AI-powered Validate checks to catch questionable legal billing before invoices go out, aiming to cut write-offs and speed payment.

Backbase and Ninth Wave have teamed up to let banks plug corporate clients' ERP and accounting systems straight into account data and payments.

Xero's Anthropic tie-up deepens finance software AI split as groups weigh integrated platforms against agent tools that work across multiple systems.

US finance chiefs warn cloud bills are climbing as AI spending competes for budgets, with most seeing waste and tighter control demands.