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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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2 years ago

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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 Yet, many food distributors still struggle with outdated, manual processes and limited resources that limit their ability to gain clear visibility into their financial operations.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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VITG Unveils Modern Managed Services and Managed Detection & Response as Part of a Broader AI and Cybersecurity Transformation across ANZ

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50 minutes ago

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September 6, 2026

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SYDNEY, Sept. 7, 2026 /PRNewswire/ — As organisations across Australia and New Zealand navigate the accelerating impact of artificial intelligence, increasingly sophisticated cyber threats, and growing governance requirements, Virtual IT Group   (VITG) has announced the launch of Modern Managed Services  (MMS)  and Managed Detection & Response  (MDR) , that are next-generation managed services and managed security offerings designed to help organisations remain secure, resilient and ready for what’s next.

Modern Managed Services delivers a Modern Defensible Architecture framework for managed IT operations, ensuring security controls, governance frameworks and operational best practices are embedded and continuously maintained. Complementing this, Managed Detection & Response provides organisations with 24×7 Security Operations Centre (SOC) capability, actively monitoring, investigating and responding to threats using advanced security analytics and response technologies.

Jeremy Nees , Chief Product Officer, VITG , said:

“Too often, organisations purchase managed services only to discover they do not have the standard level of security they need. As businesses adopt AI, the old-world IT solutions that Managed Service Providers (MSP) are selling are simply not going to cut it. We’ve baked common security requirements into the MMS service from day one, applying the key principles of Modern Defensible Architecture: Secure-by-Design, Defense in Depth, and Zero Trust.

MDR and ZDR   can be layered on top or are available independently if you have your own IT service or team. The push to adopt AI is leaving security gaps across the ANZ mid-market. Our goal is to provide customers with technology that is secure, resilient, and ready for what’s next.”

The launch marks VITG’s second major solution release of the year, following the introduction of its Zero Trust Consulting Practice  and Zero Trust Detection & Response  (ZDR)  offering earlier in 2026. It is also the Group’s first launch since acquiring cybersecurity outfit Security Centric , building on the addition of Auckland based The Instillery  in 2025 and further strengthening VITG’s capabilities across managed services, cloud, cybersecurity, data and AI. VITG is also advancing a dedicated Data & AI Practice and Momentum, a continuous improvement framework currently being piloted with customers ahead of a market launch later this year.

Since joining VITG  at the start of the year, Maurice McCarthy , Chief Executive Officer , is committed to moving at pace to meet the demand that has been created off the back of the market’s rapid adoption of AI.   

McCarthy said, “The traditional managed services model was built for a different era. Today’s organisations need partners that can help them unlock the value of data and AI while strengthening cybersecurity, managing risk, and continuously evolving their technology environment.

Through the acquisition of Security Centric and The Instillery we have brought together market-leading expertise across managed services, data and AI, and cybersecurity. This launch is the first of several innovations we will introduce as we help organisations accelerate transformation and realise greater value from AI.”

Sash Vasilevski , Chief Security Officer, VITG , said:

“The technology businesses are using to unlock the value of AI, integrate systems, and build strong data foundations, is rapidly introducing new risks and attack surfaces.

As business leaders accelerate their adoption of AI, the gap between the threats they face and the security capabilities they have in place is growing faster than many businesses realise.”

Modern Managed Services and Managed Detection & Response are available immediately.

For more information, visit:

Modern Managed Services (MMS)

Managed Detection & Response (MDR)

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SOURCE Virtual IT Group

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DUVA Introduces DUVA ONE at IFA 2026: Personalized Sleep Earbuds That Respond in Real Time

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5 hours ago

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September 6, 2026

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The Sleep System That Understands You Best.

BERLIN, Sept. 6, 2026 /PRNewswire/ — DUVA, created by Fitnexa, is introducing DUVA ONE at IFA Berlin 2026. This intelligent in-ear sleep system is designed to sense changes in the user and the bedroom, then personalize audio, noise control, and device behavior throughout the night.

Most sleep wearables explain what happened after users wake up. DUVA ONE is designed to help while the night is still happening. Its low-profile earbuds, environment-sensing charging case, and app work together to determine when and how to respond.

A user might start the night with a podcast over Bluetooth. After they fall asleep, DUVA ONE can introduce locally stored sleep audio and optimize power use. If a partner begins snoring or traffic grows louder, it can adjust ANC or add sound masking. In the morning, a private offline alarm wakes only the wearer, without requiring an active phone connection.

In-ear PPG and motion sensors estimate sleep stages and track heart rate, HRV, sleep position, and movement, while the case monitors noise, light, temperature, and humidity. The AI Agent interprets these signals alongside playback status and personal preferences to select an appropriate response. Users control sleep audio, playback duration, ANC strategy, and nighttime interventions in the DUVA App.

“Sleep does not happen in a static environment, so sleep technology should not remain static either,” said Diego, Founder of Fitnexa. “DUVA ONE is designed to respond while sleep is still happening.”

Key Highlights

Layered noise relief: Passive isolation, Hybrid ANC, and sleep audio provide noise reduction of up to 42 dB, with Transparency Mode and adaptive ANC calibration.Personalized AI sleep guidance: The AI analyzes the user’s real-time sleep state and generates personalized audio guidance to help them gradually fall asleep.Side-sleeping comfort: Each fitted earbud weighs approximately 3.3 grams and has an approximately 9.9 mm low-profile design. Two ear-tip shapes and multiple tip and stabilizing-wing sizes provide more than 40 fit configurations.All-night battery: Up to 16 hours in the most power-efficient configuration, including 13 hours of local audio with ANC off and 9.5 hours with ANC on. The USB-C and wireless charging case provides up to five additional recharges.Private offline alarm: Alarms gradually increase in volume and offer 5, 10, or 15-minute snooze options through the earbud controls.Privacy-first sensing: DUVA ONE does not record conversations, store ambient audio, or upload raw environmental audio. Users can disable individual sensors and delete historical data.

DUVA ONE is planned for release in October 2026 at a target retail price of US$349.99, with target markets including the United States, Canada, the United Kingdom, the European Union, and Australia.

Media Contact: essie@duva.com
Learn more: duva.com

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SOURCE DUVA

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China Xplained | The China Squeeze, or the China Opportunity?

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7 hours ago

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September 6, 2026

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GUANGZHOU, China, Sept. 6, 2026 /PRNewswire/ — This is a news report from South: 

Is China’s manufacturing rise squeezing out or creating opportunities for other economies?

Ahead of the 2026 APEC Economic Leaders’ Meeting in China this November, journalists and experts from around the world gathered in Guangdong for the Asia-Pacific Media Forum (APMF) 2026.

The forum opened in Shenzhen on September 5, bringing together more than 400 representatives from across the Asia-Pacific region, as well as from international organizations.

Before the opening of the forum, participants travelled across Guangdong to see China’s industries and development first-hand.

In this episode of China Xplained, we look at the numbers, supply chains, investment and voices from across the developing world—to ask a bigger question: Is China squeezing out room for other economies?

View original content to download multimedia:https://www.prnewswire.com/news-releases/china-xplained–the-china-squeeze-or-the-china-opportunity-302870814.html

SOURCE South

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