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GrubMarket Introduces the GrubAssist AI Cash Flow Analyst to Revolutionize Financial Operations for Food Wholesalers and Distributors

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SAN FRANCISCO, Oct. 22, 2024 /PRNewswire/ — GrubMarket, the AI-powered technology enabler and digital transformer of the American food supply chain industry, as well as one of the largest private food eCommerce companies globally, today announced the launch of the GrubAssist AI Cash Flow Analyst. As part of GrubMarket’s groundbreaking GrubAssist AI suite, this new module provides food wholesalers and distributors with a comprehensive solution for managing their cash flow operations, delivering real-time, actionable insights that enable businesses to strategically manage their accounts receivable (AR), accounts payable (AP), collections and payments operations.

In today’s rapidly evolving food industry, tight financial management is critical for maintaining a healthy business and fueling growth. Yet, many food distributors still struggle with outdated, manual processes and limited resources that limit their ability to gain clear visibility into their financial operations. These limitations often lead to inefficient decision-making, delayed payments, and the inability to anticipate cash flow shortages, all of which can significantly disrupt operations and hinder growth.

Introducing the GrubAssist AI Cash Flow Analyst: A Game-Changing Solution

The GrubAssist AI Cash Flow Analyst was developed to address these challenges by offering business leaders, accounting staff, and operations employees a simple, powerful tool that consolidates cash flow analysis into an intuitive AI-powered user experience. Leveraging cutting-edge generative AI and predictive analytics, the Cash Flow Analyst enables users to forecast future cash positions, analyze historical trends, and get real-time visibility into their AR/AP operations—all through simple natural language queries.

Key Features of the GrubAssist AI Cash Flow Analyst:

Accurate AI-powered Cash Flow Projections: The GrubAssist AI Cash Flow Analyst uses advanced AI and custom weights and biases to generate cash flow forecasts based on historical data, seasonal trends, growth trajectories, and a variety of other key inputs. Businesses can ask about daily cash inflows and outflows or simply, “What is my expected cash balance for next Friday?” and receive an accurate prediction, allowing them to make proactive financial decisions.Real-Time Visibility into AR/AP Operations: Users can instantly access vital financial data by asking the analyst questions. For example, “Which customers are past due on payments?” will provide a detailed list of customers and outstanding invoices, allowing businesses to take immediate action.Customer and Vendor Performance Insights: The tool offers deep insights into customer payment behaviors and vendor relationships. By asking questions like, “How much do I owe Vendor X, and what is the aging of my bills?” users can easily track outstanding liabilities and adjust payment schedules accordingly.Streamlined Financial Analysis with Custom Queries: The GrubAssist AI Cash Flow Analyst simplifies complex financial analysis by offering both default prompts and customizable queries. From understanding projected cash receipts to reviewing historical payment patterns, businesses can leverage this flexible tool for their specific needs, eliminating time spent generating and manipulating reports to find critical information.Seamless ERP and Accounting System Integration: The GrubAssist AI Cash Flow Analyst integrates with leading ERP systems and accounting software, including Famous and WholesaleWare, making it an essential tool for any business using these platforms. The tool also supports additional integrations with other produce ERP systems and accounting software like PICS, Thyme, Granite State Software, and QuickBooks, enabling seamless data flow and real-time updates.User-Friendly and Mobile-Optimized Interface: Designed with usability in mind, the tool offers an intuitive interface that is accessible both on desktop and on mobile devices and tablets with native iOS and Android apps. With 100% hands-free access through voice mode, users can manage their cash flow while on the go, improving efficiency and decision-making.

Transforming Financial Management in the Food Industry

By collapsing the traditionally cumbersome process of cash flow analysis into simple, conversational prompts, the GrubAssist AI Cash Flow Analyst offers unprecedented efficiency to food wholesalers and distributors managing their cash inflows and outflows. Instead of relying on static reports and manual analysis, businesses can access real-time insights on cash positions, expected payments, and upcoming expenses instantly.

Additionally, the tool’s “Favorites” feature allows users to save key prompts for frequent use, making it easy to run daily or weekly financial checks. The sharing functionality further enhances organizational alignment, enabling employees across the business to access the latest financial data in real-time.

Unlike traditional ERP systems and accounting tools that offer a limited set of canned reports, the GrubAssist AI Cash Flow Analyst provides a dynamic, adaptable solution. The tool is fully customizable, offering businesses the flexibility to generate unique reports based on their specific needs without any setup time. Its natural language processing capabilities ensure that any user can access powerful financial insights and generate custom reports, regardless of technical capability, making this a valuable asset for teams across all levels of the organization.

“At GrubMarket, we are committed to empowering food supply chain businesses with the tools they need to thrive in an increasingly complex market,” says Mike Xu, CEO of GrubMarket. “The GrubAssist AI Cash Flow Analyst represents a major leap forward in how food supply chain businesses manage their financial operations. The GrubAssist AI Cash Flow Analyst allows businesses to make smarter, faster financial decisions by providing accurate insights into their cash flows. This tool eliminates the inefficiencies of existing manual processes, giving businesses the control they need to stay financially healthy. Whether you’re looking at next week’s cash flow or analyzing your customer’s payment history, GrubAssist AI empowers your team to stay ahead of financial challenges.”

The Cash Flow Analyst is now available as part of the GrubAssist AI product suite. As with all of GrubMarket’s software products, this new module is secure, reliable, and fully compatible with existing systems, ensuring a smooth and seamless user experience. To explore the capabilities of the GrubAssist AI Cash Flow Analyst, visit www.grubmarket.ai.

About GrubMarket

GrubMarket is the AI-powered technology enabler and digital transformer of the American food supply chain industry, as well as one of the largest private food eCommerce companies globally. As the enterprise AI solutions provider for the American food supply chain, a first mover in the tech-enabled B2B food eCommerce space, and a pioneer offering cutting-edge, AI-powered software-as-a-service solutions, GrubMarket uses technology to fundamentally transform the American and global food supply chain. GrubMarket has also been named to the prestigious CNBC Disruptor 50 list for two consecutive years. GrubMarket operates in all 50 U.S. States and has a global presence in Argentina, Canada, Chile, Colombia, Egypt, India, Mexico, South Africa, and Spain, with plans to expand further across the U.S., Canada, South America, Europe, Africa, and other parts of the world.

For Media Inquiries:

GrubMarket Media Team
media@grubmarket.com
(415) 986-0523

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SOURCE GrubMarket

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Southwire Shares Fourth Annual Inclusion Report, Showcasing Inclusion in Action

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CARROLLTON, Ga., Sept. 8, 2026 /PRNewswire/ — Our Future Is Powered by Inclusion.

At Southwire, inclusion is more than a commitment. It is one of our core values and a key part of how we build worth for our team members, customers, communities and shareholders.

We’re proud to share our 2025 Inclusion Report, highlighting the progress we’ve made in advancing an inclusive culture and strengthening our impact across six key focus areas: People Leaders, Inclusive Workforce, Employee Resource Groups, Reputation and Community, Equity and Governance, and Value and Supply Chain.

Last year, our Inclusion Employee Net Promoter Score (eNPS) reached 70, an increase of 17 points since 2021. We also invested $1 million in inclusion-focused initiatives, contributed more than 4,800 volunteer hours in support of nonprofit organizations, and spent $890 million with small and certified-owned suppliers.

From bringing together more than 2,000 team members at Include Summit to earning recognition as one of the World’s Most Ethical Companies® and one of America’s Greatest Workplaces for Inclusion, we continue to create opportunities for people to contribute, grow and lead.

As we look ahead, our focus remains clear: embedding inclusion into how we lead, operate and grow. When every team member is empowered to contribute, we create stronger ideas, better decisions and greater value for all our stakeholders.

We invite you to explore the full Inclusion Report to learn more about the people, programs and partnerships helping power our future.

Please also visit our social media channels and Inclusion website to help us share our story.

Together, we will continue Building Worth for generations to come.

For more Southwire news, visit www.southwire.com/newsroom.

About Southwire
Southwire Company, LLC is North America’s leading wire and cable company. The $9.7B organization is made up of more than 9,000 team members across the globe who unite as ONE Southwire each and every day to serve each other, their customers and their communities. Southwire and its subsidiaries provide solutions including building wire and cable, metal-clad cable, utility products, portable and electronic cord products and OEM wire products. In addition, Southwire offers electrical products, engineered solutions and a variety of field support services. For more on Southwire’s products and solutions, its community involvement and its vision of sustainability, visit www.southwire.com.

© 2026 Southwire Company, LLC. All Rights Reserved.

Contact: Ashley Bush
Senior Director, Communications
Phone: (678) 684-7634
ashley.bush@southwire.com

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ZAGENO Earns Frost & Sullivan’s 2026 North American Life Sciences E‑Commerce Company of the Year Recognition

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Honored for transforming life sciences procurement through digital innovation, automation, and a customer-first platform

SAN ANTONIO, Sept. 8, 2026 /PRNewswire/ — Frost & Sullivan has recognized ZAGENO with its 2026 North America Life Sciences E-Commerce Company of the Year Recognition for helping transform life sciences e-commerce beyond traditional online purchasing into a unified procurement orchestration platform. By serving as a single entry point into scientific procurement, ZAGENO enables scientists, procurement teams, suppliers, and enterprise systems to operate within one connected workflow—reducing procurement friction while improving governance, visibility, and operational efficiency across research organizations.

As life sciences organizations embrace increasingly digital, automated, and globally distributed research operations, procurement has become a strategic function requiring greater visibility, governance, and integration. Rather than navigating fragmented supplier portals, distributor systems, and punch-out catalogs, organizations increasingly need a single platform that orchestrates the entire procurement lifecycle. ZAGENO delivers that capability by unifying sourcing, ordering, approvals, supplier management, spend visibility, tracking, and payment into one governed workflow.

Founded in 2015 and headquartered in Cambridge, Massachusetts, ZAGENO has built one of the industry’s largest procurement ecosystems, providing access to more than 50 million laboratory products from over 5,000 suppliers. Serving as a single entry point into scientific procurement, the platform centralizes sourcing, ordering, approvals, tracking, and payment while integrating directly with Enterprise Resource Planning (ERP), Procure-to-Pay (P2P), and accounting platforms such as SAP, Coupa, and Oracle NetSuite. Researchers can search by product name, Chemical Abstracts Service (CAS) number, or chemical structure, compare pricing, availability, and delivery timelines in real time, and consolidate purchases from multiple suppliers into a single purchase order and invoice. At the same time, procurement teams maintain governance, supplier oversight, and spend visibility through configurable approval workflows operating seamlessly in the background.

“ZAGENO continues to redefine digital procurement by extending life sciences e-commerce beyond an online marketplace into a procurement orchestration platform,” said Ana Dominguez, Best Practices Research Analyst at Frost & Sullivan. “Its ability to unify supplier networks, enterprise systems, governance, and intelligent automation within a single workflow helps reduce procurement friction while enabling researchers and procurement teams to operate more efficiently. Investments such as the company’s expanded engineering hub in Bangalore have further accelerated innovation and enabled faster delivery of customer-driven enhancements aligned with evolving research needs.”

The platform reduces longstanding procurement inefficiencies by orchestrating suppliers, enterprise systems, and purchasing workflows through a single interface. Scientists save an average of 6.5 hours per week sourcing and ordering laboratory materials, while procurement teams benefit from configurable approval workflows, supplier governance, real-time spend visibility, automated three-way matching, and streamlined reconciliation that can reduce invoice processing time by as much as 40%. Together, these capabilities improve compliance, increase operational efficiency, and enable researchers to spend more time focused on scientific discovery.

ZAGENO continues to advance AI-powered capabilities that improve search precision, surface supplier and fulfillment insights, automate repetitive procurement tasks, and support smarter purchasing decisions across the procurement lifecycle. Combined with one of the industry’s largest supplier ecosystems, deep enterprise integrations, and a customer-driven innovation model, these capabilities position ZAGENO as a trusted procurement infrastructure partner helping life sciences organizations navigate increasingly complex research environments.

“We’re honored to receive this recognition from Frost & Sullivan. As research organizations become more connected and more complex, procurement has evolved far beyond purchasing. Our vision has always been to simplify that complexity by bringing scientists, procurement teams, suppliers, and enterprise systems together through a single procurement orchestration platform. We’re proud to see that vision recognized, and even more excited about what’s ahead for our customers,” said Florian Wegener, CEO & Co-Founder, at ZAGENO.

Each year, Frost & Sullivan honors one company with its Company of the Year Recognition, awarded to organizations that demonstrate exceptional growth, innovation, and customer value. The selection process includes rigorous research, competitive benchmarking, and in-depth industry analysis.
Frost & Sullivan’s Best Practices Awards recognize companies worldwide for excellence in leadership, technology innovation, customer service, and strategic execution—highlighting those that are shaping the future of their industries.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Lindsey Whitaker
P: +91- 9953764546
E: Lindsey.Whitaker@frost.com

About ZAGENO

ZAGENO is the procurement orchestration platform for life sciences, connecting scientists, procurement teams, suppliers, and enterprise systems through a single, governed workflow. With access to more than 50 million laboratory products from over 5,000 suppliers, ZAGENO helps research organizations simplify procurement and accelerate discovery. Talk to the ZAGENO team to learn more: https://go.zageno.com/request-a-demo.

Contact:
Ivana Visnjic-Lynch
P: +1 508 524 5206
E: ivana.visnjic-lynch@zageno.com

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SOURCE Frost & Sullivan

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Shutterstock Appoints Three Accomplished Business Leaders to Board of Directors

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Timothy Adams, Matthew Salzberg, and Michael Thompson bring extensive financial, operational, investment, and technology expertise to Shutterstock’s Board

NEW YORK, Sept. 8, 2026 /PRNewswire/ — Shutterstock, Inc. (NYSE: SSTK), a family of brands delivering scalable creative and GenAI solutions to help customers fuel great work, today announced the appointment of Timothy Adams, Matthew Salzberg, and Michael Thompson to its Board of Directors.

The appointments add three accomplished executives and investors with deep experience across technology and emerging markets, investment and capital allocation, building and scaling businesses, and public-company finance and governance. Their collective expertise further strengthens the Board as Shutterstock remains focused on creating long-term value for the Company and its shareholders.

“The caliber of leaders joining our Board speaks to both the strength of Shutterstock and the opportunity ahead,” said Jon Oringer, Executive Chairman of the Board at Shutterstock. “Tim, Matt, and Michael have each built impressive careers leading, investing in and advising companies through periods of growth and transformation. They bring deep financial, operational, governance, and technology expertise, along with the independent perspective that comes from having successfully navigated complex business environments. We are thrilled they have chosen to bring that experience to Shutterstock.”

Timothy Adams is a seasoned financial executive and board director with more than 20 years of leadership experience across public and private technology companies. He currently serves as Chief Financial Officer of Validity Inc. and previously served as Chief Financial Officer of Rapid7, Inc., and BitSight Technologies, Inc. Adams also served on the Board of Directors of Model N, where he chaired the Audit Committee. Throughout his career, he has led and advised on IPOs, M&A transactions, capital raises, and strategic financings, bringing extensive experience in public-company governance, financial discipline, and investor relations. He holds a B.S. in Accounting from Murray State University, and an M.B.A. from Boston University.

Matthew Salzberg is a CEO, investor, and founder with extensive experience building, scaling, and transforming technology-enabled businesses. He is co-founder and Chairman of Unlimited, an alternative investment manager, and co-founder of Embark Veterinary and Coldcart. Salzberg founded Blue Apron in 2011 and served as CEO for its first six years, growing the company from an idea into a nationally recognized consumer brand with approximately $910 million in annual revenue and more than 5,000 employees. He led Blue Apron’s 2017 initial public offering and later served as Chairman of its Board. Salzberg also founded venture capital firm Material, and previously served as CEO of Ambr Group. He holds an A.B. in Economics, summa cum laude, from Harvard College, and an M.B.A. from Harvard Business School.

Michael Thompson has served as Managing Partner of Reinvent Capital, a private investment fund focused on technology companies, since 2017. Previously, he founded and served as Managing Partner of BHR Capital, a New York-based hedge fund. Thompson has invested in and advised numerous innovative technology companies throughout his career, with particular experience across aerospace, advanced energy, emerging technologies, and AI applications in the physical world. He currently serves on the Boards of Directors of Joby Aviation, Oklo Inc. and American Banknote Corporation, and is an advisor to Xona Space Systems. Thompson holds a Bachelor of Business Administration in International Finance from the Honors Program at the University of Georgia.

About Shutterstock
Shutterstock is in the business of turning ideas into impact. Powered by a global network of millions of creators and our cutting-edge technology, we provide businesses, creatives, and brand leaders with the essential, universal ingredients to make their work more effective. Shutterstock offers access to one of the world’s largest and most diverse collections of high-quality licensable assets, specialized training datasets, evaluation tools, and end-to-end strategic partnerships for the full model training lifecycle, as well as advertising and distribution solutions, exclusive editorial content, and full-service studio production—delivering unparalleled resources to fuel great work.

Discover our impact at www.shutterstock.com and connect with us on LinkedIn, Instagram, X, Facebook and YouTube.

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SOURCE Shutterstock, Inc.

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