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Accenture Earns Top Position in 2019 HFS Top Ten Finance & Accounting Service Providers Report

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NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) has been positioned No.
1 in the annual HFS Top Ten Finance & Accounting (F&A) Service Providers
report
. In addition to earning first place overall, Accenture was
recognized in the top spot in the Ability to Execute and Innovation
Capabilities
categories by HFS.

For its 2019 report, HFS assessed and scored 17 service providers across
a defined series of criteria that included innovation, execution, and
client feedback. Specific factors within those categories that were
assessed include ability to scale, industrial and geographical presence,
vision and strategy, use of emerging technology, and investments and IP.

“Forward-thinking businesses today are looking to elevate finance from a
back office function into a strategic business partner that drives
profitable growth,” said Saurabh Gupta, chief strategy officer at HFS
Research. “With the introduction of SynOps, an innovative human-machine
operating engine that optimizes the synergy of data, applied
intelligence, digital technologies and talent, Accenture is well-placed
to help its clients transform their finance function from transactional
and reactive to proactive and strategic.”

In its report, HFS draws attention to the fact that Accenture has the
largest share of the F&A market and secured impressive double-digit
revenue growth in 2018. Other Accenture strengths highlighted in the
report include:

  • End-to-end offering – supported by scaled-up consulting,
    technology and execution capabilities across P2P, O2C, R2R, and FP&A,
    Accenture’s proposition is well-aligned to clients’ business
    objectives;
  • Go-to-market driven by Intelligent Operations – Accenture
    enables clients to shift from a transactional mindset to a
    technology-centric mindset. SynOps, Accenture’s new human-machine
    operating engine, is expected to create value and help transform
    business operations;
  • The Future of Finance narrative – Accenture is at the forefront
    of driving next-generation F&A outcomes, enabled by its investments in
    emerging technologies such as AI, blockchain, and quantum computing;
    and
  • Robust partner ecosystem – Accenture continues to build its
    strong ecosystem of partners with several new alliances in 2018.

“As businesses navigate an increasingly complex and disruptive business
environment, the transformation of their finance function is critical to
success,” said Manoj Shroff, finance and accounting business process
services lead for Accenture Operations. “Because finance has an
end-to-end view of the company, it is well-positioned to lead the
digital transformation. The challenge is having accessible data as well
as integrating the right intelligent technologies managed by the right
talent. This is really what sets Accenture apart – we focus on creating
an Intelligent Operating model that combines data, applied intelligence,
digital technologies and human ingenuity to help our clients deliver
breakthrough business outcomes. This latest report from HFS suggests we
are on the right track with this approach and in fact leading our
industry.”

About Accenture

Accenture is a leading global professional services company, providing a
broad range of services and solutions in strategy, consulting, digital,
technology and operations. Combining unmatched experience and
specialized skills across more than 40 industries and all business
functions — underpinned by the world’s largest delivery network —
Accenture works at the intersection of business and technology to help
clients improve their performance and create sustainable value for their
stakeholders. With approximately 477,000 people serving clients in more
than 120 countries, Accenture drives innovation to improve the way the
world works and lives. Visit us at www.accenture.com.

This document makes descriptive reference to trademarks that may be
owned by others. The use of such trademarks herein is not an assertion
of ownership of such trademarks by Accenture and is not intended to
represent or imply the existence of an association between Accenture and
the lawful owners of such trademarks.

Copyright © 2019 Accenture. All rights reserved. Accenture, its logo,
and High Performance Delivered are trademarks

Contacts

Mylissa Tsai
Accenture
+1 917 452 9729
mylissa.tsai@accenture.com

Cannabis

Sunniva Announces Closing Of Third Tranche Of Short Term Bridge Financing For Proceeds Of Cad $325,000

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Sunniva Inc. (“Sunniva”, the “Company”, “we”, “our” or “us”) (CSE:SNN) (OTCQB:SNNVF), a North American provider of cannabis products and services, is pleased to announce that it has closed the third tranche of the Company’s non-brokered private placement (the “Offering“), previously announced on August 1, 2019 of CAD $325,000 for a total of 325,000 units of the Company (“Units“). In aggregate the total gross proceeds raised by the Offering was CAD $7.57 million and 7.57 million Units issued. Each Unit consists of a principal amount of unsecured promissory notes of the Company (“Promissory Notes“) and common share purchase warrants of the Company (“Warrants“).

As previously disclosed, proceeds of the Offering will be used to provide short term working capital for operations in California, capital costs at the Sunniva California Campus and general corporate purposes.

The Units issued under the Offering have the following terms:

Promissory Notes  

     Maturity: 

6 months from the closing date.

     Interest Rate:

10% (annual rate).

Warrants 

     Number of Warrants:   

0.40 Warrants per Unit (each Warrant entitles the holder to acquire one common

share of the Company at the Warrant Exercise Price).

     Warrant Exercise Price:  

CAD $2.50 per Warrant.

     Warrant Term:         

24 months from closing.

A finder’s fee of 5% payable in cash will be paid to certain investment advisors for introducing certain purchasers of Units to the Company.

The Promissory Notes and Warrants have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Promissory Notes or Warrants in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

For more information please visit: www.sunniva.com.

To be added to the Sunniva email distribution list please register at www.sunniva.com/email-alerts.mailto:

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

 

SOURCE Sunniva Inc.

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Cannabis

INTERCURE: CANNDOC signs strategic distribution agreement with S.L.E. of TEVA Pharmaceuticals

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InterCure (TASE: INCR), announced that subsidiary Canndoc has entered into a strategic distribution agreement with Salomon, Levin, Elstein (S.L.E.,) which is owned by Teva Pharmaceuticals Industries (NYSE: and TASE: TEVA).

Under terms of the agreement, S.L.E. will distribute Canndoc’s GMP products to pharma clients, including hospitals, health maintenance organizations (HMOs) and all pharmacies in Israel, including pharmacy chains. In the future, as regulatory approvals allow, S.L.E. will provide logistics capability for exporting Canndoc’s products to countries that support regulations for the sale and distribution of cannabis products for medical use.

S.L.E. is one of Israel’s leading companies for providing health logistics services and distributes products from dozens of local and international companies. S.L.E. is licensed by the Israeli Ministry of Health, and also holds a GDP distribution license.

“Our agreement with S.L.E., Israel’s leading company in distributing medical products, creates a complete supporting platform for supplying Canndoc’s GMP products to any location in Israel and for countries with similar regulations,” said Canndoc’s Chairman Ehud BarakThrough its S.L.E. partnership, Canndoc has aligned itself with one of the most prominent pharmaceutical companies in the world, for the distribution of cannabis-based medical treatments to countries that recognize the value of these medicines for people in need.”

S.L.E. CEO Aviad Bossi adds, “The agreement brings together our well-established pharmaceutical distribution network with Canndoc’s high quality medical cannabis industry presence and market leadership. Beyond the operations in Israel, this agreement will provide Canndoc significant logistical capabilities that can support Canndoc’s exporting operations from Israel.”

The distribution agreement is set for a 3-year term and includes a mechanism for automatic extension periods of two years each.

Canndoc is one of the first licensed producers, with its GMP-approved medical cannabis Rx products being sold in pharmacies. The engagement in this distribution agreement will broaden Canndoc’s ability to distribute GMP products to its patients within the S.L.E. pharmacy network throughout Israel. In addition, S.L.E. will provide Canndoc significant logistical capabilities in the future supporting Canndoc’s ability to export its products to countries with consistent regulation for the sale and distribution of cannabis products for medical use.

 

SOURCE Canndoc

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Cannabis

Prairie Records Tops the Charts: Named Top Cannabis Retailer in Canada at Grow UP

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Westleaf Inc. (the “Company” or “Westleaf“) (TSX-V:WL) (OTCQB:WSLFF) is proud to announce its Prairie Records retail stores have been named top cannabis retailer in Canada at the GrowUP Conference & Expo. Singing a different tune in cannabis retail, the award win is a testament to how Prairie Records is offering Canadian’s a truly unprecedented purchasing experience.

“It is extremely gratifying to have Prairie Records be recognized at one of the industry’s largest events and to be able to stand out amongst a field of very worthy retail competitors,” says Adam Coates, Chief Commercial Officer at Westleaf and Retail Brand Strategist for Prairie Records. “We set out to make waves in a sea of sameness by creating an immersive experience like no other in the marketplace, and we are pleased and honoured to receive this, the first Grow UP Conference retail award.”

Ten companies were nominated in the Grow UP retail category at this year’s event, the first for the industry. Among the nominees were independent stores and well-known national chains. Prairie Records was recognized based on delivering an unparalleled consumer purchasing experience and creating a welcoming brand for cannabis consumers.

Westleaf has four Prairie Records stores open, three in the Saskatoon region and one in Calgary, which is hosting its grand opening tomorrow, September 14. The concept combines the tactile and immersive feel of a vinyl record store with a cannabis purchasing experience. Information about the cannabis strains and strengths are presented on album covers and the customer is enveloped in a warm and welcoming retail experience. The staff are well versed on the product offering and provide educational opportunities for both the experienced cannabis connoisseur as well as the novice consumer.

 

SOURCE Westleaf Inc.

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