STOCK TITAN

Tenet Adds Free Bookkeeping Automation Software for SMEs and Bookkeepers as Part of Cubeler Business Hub Offering

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Tenet Fintech Group has enhanced its Cubeler® Business Hub platform by introducing free bookkeeping automation software from Dext Software This offering is available to SME owners who register their businesses and bookkeepers who bring their SME clients to the platform. The initiative complements existing Business Hub services including networking, advertising, insights, and financing. The company aims to accelerate SME registrations through this offer, particularly to support the launch of its ie-Pulse macroeconomic index data plans before the end of 2024, with a focus on gathering sufficient SME data for sectors like retail.

Tenet Fintech Group ha migliorato la sua piattaforma Cubeler® Business Hub introducendo un software di automazione della contabilità gratuito di Dext Software. Questa offerta è disponibile per i proprietari di PMI che registrano le loro aziende e per i contabili che portano i loro clienti PMI sulla piattaforma. L'iniziativa si aggiunge ai servizi esistenti del Business Hub, inclusi networking, pubblicità, analisi e finanziamenti. L’azienda mira ad accelerare le registrazioni delle PMI attraverso questa offerta, in particolare per sostenere il lancio dei suoi piani di dati dell'indice macroeconomico ie-Pulse prima della fine del 2024, con un focus sull'acquisizione di dati sufficienti dalle PMI per settori come il retail.

Tenet Fintech Group ha mejorado su plataforma Cubeler® Business Hub introduciendo un software de automatización contable gratuito de Dext Software. Esta oferta está disponible para los propietarios de pymes que registren sus negocios y para los contadores que traen a sus clientes pymes a la plataforma. La iniciativa complementa los servicios existentes del Business Hub, que incluyen networking, publicidad, análisis y financiamiento. La empresa busca acelerar el registro de pymes a través de esta oferta, particularmente para apoyar el lanzamiento de sus planes de datos del índice macroeconómico ie-Pulse antes de finales de 2024, centrándose en recopilar suficientes datos de pymes para sectores como el retail.

테넷 핀테크 그룹은 Dext Software의 무료 회계 자동화 소프트웨어를 도입하여 Cubeler® 비즈니스 허브 플랫폼을 강화했습니다. 이 제공은 비즈니스를 등록한 중소기업 소유자와 중소기업 고객을 플랫폼으로 데려오는 회계사에게 제공됩니다. 이 이니셔티브는 네트워킹, 광고, 통찰력 및 자금 조달을 포함한 기존 비즈니스 허브 서비스를 보완합니다. 회사는 이 제안을 통해 중소기업 등록을 가속화하는 것을 목표로 합니다, 특히 2024년 말 이전에 ie-Pulse 거시경제 지수 데이터 계획의 출Launch을 지원하기 위해 소매업과 같은 부문에서 충분한 중소기업 데이터를 수집하는 데 중점을 두고 있습니다.

Tenet Fintech Group a amélioré sa plateforme Cubeler® Business Hub en introduisant un logiciel d'automatisation de la comptabilité gratuit de Dext Software. Cette offre est disponible pour les propriétaires de PME qui enregistrent leurs entreprises et pour les comptables qui amènent leurs clients PME sur la plateforme. L'initiative vient compléter les services existants du Business Hub, incluant le réseautage, la publicité, les analyses et le financement. L'entreprise vise à accélérer les enregistrements de PME grâce à cette offre, en particulier pour soutenir le lancement de ses plan de données de l'indice macroéconomique ie-Pulse avant la fin de 2024, en se concentrant sur la collecte de données suffisantes des PME pour des secteurs tels que le détail.

Tenet Fintech Group hat seine Cubeler® Business Hub-Plattform durch die Einführung einer kostenlosen Buchhaltungsautomatisierungssoftware von Dext Software verbessert. Dieses Angebot steht Eigentümern von KMUs zur Verfügung, die ihre Unternehmen registrieren, sowie Buchhaltern, die ihre KMU-Kunden auf die Plattform bringen. Die Initiative ergänzt die bestehenden Services des Business Hubs, einschließlich Networking, Werbung, Einblicke und Finanzierung. Das Unternehmen strebt an, die Registrierungen von KMUs zu beschleunigen durch dieses Angebot, insbesondere um den Start seiner ie-Pulse makroökonomischen Indexdatenpläne noch vor Ende 2024 zu unterstützen, mit dem Fokus, ausreichend Daten von KMUs für Sektoren wie den Einzelhandel zu erfassen.

Positive
  • Strategic addition of free bookkeeping software to attract more SME registrations
  • Preparation for commercialization of ie-Pulse macroeconomic index data plans
  • Partnership expansion with bookkeeping service providers
Negative
  • Indicates need for more SME data acquisition to make ie-Pulse indexes effective
  • Time pressure to gather sufficient sector-specific data before 2024 end

Toronto, Ontario--(Newsfile Corp. - December 2, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that is has added free bookkeeping automation software for bookkeepers and small and medium sized enterprises (SMEs) as part of its offering on the Cubeler® Business Hub platform.

In addition to benefiting from the networking, advertising, insights and financing services provided on the Business Hub, SME owners who register their businesses and bookkeeping service providers who cause their SME clients to register and share their data with the platform are now eligible to receive a license of Dext Software Ltd.'s bookkeeping automation platform. The Company believes that the new offer, prominently featured on the Cubeler.com website (https://www.cubeler.com/en-ca/cubeler-and-free-dext-access-offer), will allow it to work with both its existing and future bookkeeping service provider partners to speed up the registration of SMEs on the Business Hub over the last month of 2024.

"We've been working very hard, particularly since the addition of the Business Hub's new modules, both internally and with our external partners, on everything required to commercialize our first ie-Pulse macroeconomic index data plans prior to the end of 2024," commented Tenet CEO Johnson Joseph. "While the development of the ie-Pulse platform is expected to be ready for that to happen, we need to ensure that we have enough SME data in at least one industrial sector, such as retail for example, if the ie-Pulse Canadian Retail series of indexes are going to be effective in helping clients gauge the state of the Canadian retail industry. Based on the discussions we've had with our bookkeeping service provider partners, we believe the offer announced today will go a long way in helping us achieve that objective."

About Tenet Fintech Group Inc.:

Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: https://www.tenetfintech.com/.

For more information, please contact:

Tenet Fintech Group Inc.
Mayco Quiroz, Chief Operating Officer
514-340-7775 ext.: 510
investors@tenetfintech.com

CHF Capital Markets
Cathy Hume, CEO
416-868-1079 ext.: 251
cathy@chfir.com

Follow Tenet Fintech Group Inc. on social media:
X: @Tenet_Fintech
Facebook: @Tenet
LinkedIn: Tenet
YouTube: Tenet Fintech

Forward-Looking information

Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-Looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-Looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at www.sedarplus.ca, for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-Looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232113

FAQ

What new feature did Tenet Fintech (PKKFF) add to its Cubeler Business Hub in December 2024?

Tenet Fintech added free Dext Software 's bookkeeping automation software for SMEs and bookkeepers who register on the Cubeler Business Hub platform.

What is the purpose of Tenet Fintech's (PKKFF) free bookkeeping software offer?

The offer aims to accelerate SME registrations on the Business Hub and gather sufficient data for the launch of ie-Pulse macroeconomic index data plans before the end of 2024.

When does Tenet Fintech (PKKFF) plan to launch its ie-Pulse index data plans?

Tenet Fintech plans to commercialize its first ie-Pulse macroeconomic index data plans prior to the end of 2024.

TENET FINTECH GROUP INC

OTC:PKKFF

PKKFF Rankings

PKKFF Latest News

PKKFF Stock Data

14.75M
212.01M
9.73%
0.17%
0.5%
Software - Infrastructure
Technology
Link
United States of America
Toronto