Fetching from the wire…
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Markets2026-09-23 · source-backed
The Financial Data Platform stores each full business event with its source document and metadata, treating debits and credits as one projection of that record, where a conventional general ledger compresses everything into journal entries. The hundreds of NetSuite customers already on Numeric can adopt it one module at a time while it keeps posting back to NetSuite. Hollowed out, not ripped out.
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The partner at a $15.5B AUM firm argues the CFO stack has room against NetSuite, Sage, SAP, Workday, ADP and UKG where on-premise incumbents have aged out. His limit on AI is blunt: "you can't rely on AI for that" when a number has to be exactly right, so he sees AI making fin...
TechCrunch's follow-up details the deal mechanics: led by ICONIQ with Sequoia reinvesting and a16z on the cap table, unplanned and inbound. Rillet rebuilt the general ledger rather than layering automation on an existing ERP, and has about 600 customers, most migrating off Ora...
Announced July 30, Gemini 3.1 Flash-Lite and 3.5 Flash join Cohere and Meta options, with Oracle explicitly framing model selection as per-scenario price-performance. The incumbent ERP vendor is conceding the model layer entirely and defending the data and workflow layer. That...
ERPBench evaluates six screenshot-only computer-use agents against a live reproducible ERP system, scoring against ground-truth database values rather than screen state. Strong general GUI performance does not transfer. The agents reach the right form and save it; the stored r...
This is the most consequential architecture decision in enterprise software since cloud versus on-prem, and it happened quietly across three vendor announcements. PYMNTS connected the dots first. SAP blocks. Its API Policy v4/2026, published in late April, prohibits using SAP...
arXiv 2608.00765 compresses retrieved docs into query-conditioned visual representations, sidestepping the trade-off where hard compression is query-aware but weak and soft compression is strong but needs costly offline encoding. Beats both baselines across varying retrieval d...
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