Tenet to Add Support for New Accounting Software Packages to Business Hub
Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) has announced plans to expand the compatibility of its Cubeler Business Hub by adding support for at least three new accounting software packages. The platform currently supports the top three accounting software packages used by Canadian small businesses, which represent approximately 70% market share according to Codat
With Statistics Canada reporting that 97.8% of Canada's 1.23M businesses are small businesses, Tenet aims to remove entry barriers for SMEs by supporting additional accounting software packages, particularly those used by medium-sized businesses and specific industries. This expansion also aligns with the recent launch of Tenet's ie-Pulse macroeconomic data platform, potentially accelerating the introduction of new indexes, including coverage of the manufacturing sector.
Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) ha annunciato piani per espandere la compatibilità del suo Cubeler Business Hub aggiungendo supporto per almeno tre nuovi pacchetti software di contabilità. Attualmente, la piattaforma supporta i tre principali pacchetti software di contabilità utilizzati dalle piccole imprese canadesi, che rappresentano circa il 70% della quota di mercato secondo Codat.
Con Statistiche Canada che riporta che il 97,8% delle 1,23 milioni di imprese in Canada sono piccole imprese, Tenet mira a rimuovere le barriere all'ingresso per le PMI supportando ulteriori pacchetti software di contabilità, in particolare quelli utilizzati dalle imprese di medie dimensioni e da industrie specifiche. Questa espansione è anche in linea con il recente lancio della piattaforma di dati macroeconomici ie-Pulse di Tenet, che potrebbe accelerare l'introduzione di nuovi indici, inclusa la copertura del settore manifatturiero.
Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) ha anunciado planes para expandir la compatibilidad de su Cubeler Business Hub añadiendo soporte para al menos tres nuevos paquetes de software contable. Actualmente, la plataforma soporta los tres principales paquetes de software contable utilizados por pequeñas empresas canadienses, que representan aproximadamente el 70% de la cuota de mercado según Codat.
Con Estadísticas Canadá informando que el 97.8% de las 1.23 millones de empresas en Canadá son pequeñas empresas, Tenet tiene como objetivo eliminar las barreras de entrada para las pymes al apoyar paquetes de software contable adicionales, particularmente aquellos utilizados por empresas medianas y sectores específicos. Esta expansión también se alinea con el reciente lanzamiento de la plataforma de datos macroeconómicos ie-Pulse de Tenet, lo que podría acelerar la introducción de nuevos índices, incluida la cobertura del sector manufacturero.
테넷 핀테크 그룹 (CSE: PKK) (OTCQB: PKKFF)는 큐벨러 비즈니스 허브의 호환성을 확장하기 위해 최소 세 가지 새로운 회계 소프트웨어 패키지에 대한 지원을 추가할 계획을 발표했습니다. 현재 이 플랫폼은 캐나다의 중소기업이 사용하는 상위 세 가지 회계 소프트웨어 패키지를 지원하며, 이는 Codat에 따르면 약 70%의 시장 점유율을 차지합니다.
캐나다 통계청이 보고한 바에 따르면 캐나다의 123만 개 기업 중 97.8%가 중소기업인 만큼, 테넷은 중간 규모 기업 및 특정 산업에서 사용되는 추가 회계 소프트웨어 패키지를 지원함으로써 중소기업의 진입 장벽을 제거하는 것을 목표로 하고 있습니다. 이러한 확장은 또한 테넷의 ie-Pulse 거시경제 데이터 플랫폼의 최근 출시와 일치하며, 이는 제조업 부문을 포함한 새로운 지수의 도입을 가속화할 수 있습니다.
Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) a annoncé des projets d'expansion de la compatibilité de son Cubeler Business Hub en ajoutant le support d'au moins trois nouveaux logiciels de comptabilité. La plateforme prend actuellement en charge les trois principaux logiciels de comptabilité utilisés par les petites entreprises canadiennes, qui représentent environ 70 % de la part de marché selon Codat.
Avec Statistique Canada rapportant que 97,8 % des 1,23 million d'entreprises au Canada sont des petites entreprises, Tenet vise à supprimer les barrières à l'entrée pour les PME en soutenant des logiciels de comptabilité supplémentaires, en particulier ceux utilisés par les entreprises de taille intermédiaire et dans des secteurs spécifiques. Cette expansion s'aligne également avec le récent lancement de la plateforme de données macroéconomiques ie-Pulse de Tenet, ce qui pourrait accélérer l'introduction de nouveaux indices, y compris la couverture du secteur manufacturier.
Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) hat Pläne angekündigt, die Kompatibilität seines Cubeler Business Hub zu erweitern, indem Unterstützung für mindestens drei neue Buchhaltungssoftware-Pakete hinzugefügt wird. Die Plattform unterstützt derzeit die drei wichtigsten Buchhaltungssoftware-Pakete, die von kanadischen Kleinunternehmen verwendet werden, die laut Codat etwa 70% des Marktanteils ausmachen.
Da Statistik Kanada berichtet, dass 97,8% der 1,23 Millionen Unternehmen in Kanada kleine Unternehmen sind, zielt Tenet darauf ab, Eintrittsbarrieren für KMU abzubauen, indem zusätzliche Buchhaltungssoftware-Pakete unterstützt werden, insbesondere solche, die von mittelgroßen Unternehmen und bestimmten Branchen verwendet werden. Diese Erweiterung steht auch im Einklang mit dem kürzlichen Start von Tenets ie-Pulse makroökonomischen Datenplattform, die die Einführung neuer Indizes, einschließlich der Abdeckung des Fertigungssektors, beschleunigen könnte.
- Current platform supports 70% of small business market share
- Access to 1.23M potential business customers in Canada
- Platform expansion to include medium-sized businesses
- Strategic alignment with ie-Pulse platform development
- current software compatibility
- Missing 30% of small business market share
Toronto, Ontario--(Newsfile Corp. - March 7, 2025) - 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 it will be adding support for at least three new accounting software packages to the Business Hub.
The Company's Business Hub currently supports the top three accounting software packages used by small businesses in Canada, combining for a market share of almost
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
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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.
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FAQ
How many accounting software packages does Tenet's Business Hub currently support for PKKFF?
What is the market size potential for Tenet's Business Hub in Canada as of March 2025?
Why is PKKFF expanding its accounting software support in 2025?
What is the connection between PKKFF's accounting software expansion and ie-Pulse platform?
