Software As A Service news and trends

Priority Says Businesses Seek Payments, Banking on Single Platform

May 09, 2024
Porch Reports Unique Data Improves Underwriting, Boosts Results
Earnings // May 08, 2024

Porch Group has found that unique data provided by its home services software and partnerships has enhanced its underwriting of homeowners insurance and boosted its results. During the first quarter, the company reduced its GAAP net loss to $13.4 million, down from $38.7 million in first quarter of...

BigCommerce Unveils Open Source Version of B2B Buyer Portal
eCommerce // May 07, 2024

BigCommerce has debuted an open-source version of its business-to-business (B2B) Buyer Portal platform. The new offering gives “enterprise manufacturers, distributors, wholesalers, developers and agency partners creative control to build and customize the optimal B2B buyer experience with speed, at scale and at a lower total cost,” the software-as-a-service (SaaS) company...

Spreedly Enables Mobile Wallet Transactions on Olo’s Hospitality Platform
ResTech // April 11, 2024

Olo has selected Spreedly to enable mobile wallet transactions for restaurants that use Olo’s software-as-a-service (SaaS) platform for the hospitality industry. Spreedly’s open payments platform will enable the two companies’ mutual customers to offer their guests mobile wallet and third-party checkout options, including PayPal and Venmo, the companies...

Porch Group Earnings Show Resilience for InsurTech Category
Insurance // March 07, 2024

InsureTech companies are showing financial resiliency. After a February that featured 40 funding deals in the category, Porch Group, a leader in the homeowners insurance and vertical software platform sector, reported a solid Q4. As announced after the bell on Thursday, March 7, Porch surpassed...

Interviews & Exclusives
Insurance Carriers Use Digital Payments and AI to Shorten End-to-End Claims Process

March 16, 2023
Like many industries, insurers are also being rocked by macro pressures. “What we’re seeing are resource challenges and supply chain issues across the insurance industry,” Kelli Svymbersky, VP of payments at software-as-a-service platform CCC Intelligent Solutions Inc. (CCC), told PYMNTS. And the insurers — in a bid to secure customer loyalty — want to get […]

Rokt CFO: Use Data and Better Tech to Move Fast With Certainty

January 27, 2023
CFO responsibilities are evolving alongside operational advancements and empowering today’s finance leaders to drive holistic growth. “A lot of what the CFO job at a fast-paced, high-growth company entails is...

B2B SaaS Platforms Use Customer Health Scores to Drive Profitable Growth

January 25, 2023
Software-as-a-Service firms promise to revolutionize B2B. Cloud-based software offerings and products can help enterprises modernize all manner of back-office functions, from accounting to customer relationship management. For the SaaS providers...

Coupa’s 77% Buyout Premium Reflects Demand for Spend Management Efficiencies

December 12, 2022
When Coupa confirmed it was being acquired for $8 billion, spend management industry took note. It wasn’t because it involved private equity firm Thoma Bravo, or that that deal was...

Quick Reads
Priority Says Businesses Seek Payments, Banking on Single Platform

May 09, 2024
Priority Technology Holdings is seeing widespread demand for its suite of services that include both software-as-a-service (SaaS) payments and banking. The company recorded strong performance in each of its three business segments, Tom Priore, chairman and CEO of Priority Technology Holdings, said Thursday (May 9) during the company’s quarterly earnings call. “Maintaining the momentum we established […]

Porch Reports Unique Data Improves Underwriting, Boosts Results

May 08, 2024
Porch Group has found that unique data provided by its home services software and partnerships has enhanced its underwriting of homeowners insurance and boosted its results. During the first quarter, the...

BigCommerce Unveils Open Source Version of B2B Buyer Portal

May 07, 2024
BigCommerce has debuted an open-source version of its business-to-business (B2B) Buyer Portal platform. The new offering gives “enterprise manufacturers, distributors, wholesalers, developers and agency partners creative control to build and customize...

Spreedly Enables Mobile Wallet Transactions on Olo’s Hospitality Platform

April 11, 2024
Olo has selected Spreedly to enable mobile wallet transactions for restaurants that use Olo’s software-as-a-service (SaaS) platform for the hospitality industry. Spreedly’s open payments platform will enable the two companies’ mutual customers to...