Settle, a cash flow management platform has introduced two new features: Landed Costs and Universal Catalog.These additions aim to improve the accuracy and efficiency of calculating landed costs, aligning with the company's goal of becoming the brand's primary finance and operations platform. The platform allows users to manage procurement, inventory, payments, and finance from a single interface.Landed Costs is designed to better calculate the total costs associated with products. Brands using Settle to issue purchase orders and process payments can now automatically obtain precise landed costs for each SKU. This feature simplifies the addition of expenses like shipping and tariffs, using methods based on quantity or value allocation. This automation reduces complex calculations and manual errors, improving cost accuracy. The Universal Catalog is a Product Information Management solution tailored for brands

Think of the consumer packaged goods industry, and you think of the monoliths. Procter Gamble, for example, has been around since 1837 and has 65 brands on its current roster. Colgate-Palmolive has been in business since 1806 and has 32 brands. What gets lost in the discussion are the startups and mid-sized companies that enter the business and sometimes exit. Each year, 30,000 new CPG brands launch, but only 15% of them get past the first few years of their existence, Alliance reported, citing figures from Nielsen

There’s no business like a B2B business. And successful business-to-business (B2B) strategies — and the companies deploying them — are characterized by agility, innovation, and a focus on delivering value to customers while embracing the power of technology and collaboration. After all, today’s technologies offer more opportunities to optimize processes, improve accuracy, and uncover insights than ever before, helping drive better decision-making and business performance