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Harte Gold Reports Q2 Production Increase Of 42% Over Q1 Ramp Up Continues To 800 TPD

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TORONTO, Aug. 14, 2019 (GLOBE NEWSWIRE) — HARTE GOLD CORP. (“Harte Gold” or the “Company”) (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to provide the following results for second quarter (“Q2 2019”) ended June 30, 2019.

Operations

  • Gold production increased 42% quarter over quarter to 7,754 ounces
    • 42,601 tonnes of ore were mined for the quarter, a 33% increase over Q1 2019.
    • Average head grade for mined ore was 6.01 g/t
  • The mill processed 53,216 tonnes of ore (591 tpd average), a 39% increase quarter over quarter
    • Average head grade processed was 4.89 g/t resulting from the blended grade of mine production and the lower grade surface stockpiles
    • Mill feed was supplied by 80% run of mine (“ROM”) ore and 20% surface stockpiles
    • Surface stockpiles are fully drawn at the end of July and 100% of mill feed will be ROM ore going forward
  • Net revenue was $11.8 million a 50% increase quarter over quarter
    • Attributable to increased gold production and higher gold prices
    • Average realized gold price for the quarter was US $1,305 per payable ounce
  • Mine EBITDA1 for Q2 2019 was $2.7 million, compared to a loss of ($2.5) million in Q1
    • Operating costs were stabilized in Q2, cost containment measures are taking effect
    • Cash costs2 were reduced 26% quarter over quarter, to US$1,070/oz
  • All in sustaining costs2 (“AISC”) reduced 33% to US$1,734/oz
    • Mine development costs, $4.3 million were consistent with Q1 and reflect the capital required for underground infrastructure necessary to support continued ramp-up of the mine
    • AISC will decline in H2 2019 as costs stabilize and ounces produced increase
  • Quarterly results compared to the Feasibility Study plan
    • Production tracked approximately 80% of the Feasibility Study plan for Q2 2019
    • Delays with completion of mine ventilation and start-up of the paste fill plant impacted stope availability for the quarter. Mine ventilation has since been resolved and the paste fill plant should be fully operational by the end of September.
    • The Company is currently operating from both the Sugar Zone north and south areas, which will provide sufficient underground material to achieve the 800 tonne per day production target by the end of Q4 2019

Operational Summary and Quarter-Over-Quarter Comparison

  Three months ended
June 30, 2019
Three months ended
March 31, 2019
Q2 vs. Q1
Increase / (Decrease)
       
Operating Data      
Ore mined (tonnes) 42,601   32,044   33 %
Ore processed (tonnes) 53,216   38,278   39 %
Average daily throughput (tpd) 591   425   39 %
Head grade (g/t) 4.89   4.86   1 %
Recovery (%) 93 % 92 % 1 %
Gold ounces produced 7,754   5,476   42 %
       
Mine Financial Data (000 $)      
Revenues 11,821   7,859   50 %
Mining cost (5,122 ) (4,459 ) 15 %
Processing cost (2,583 ) (2,686 ) (4 %)
Site G&A (3,354 ) (3,473 ) (3 %)
Inventory changes 1,968   277   610 %
Mine EBITDA1 2,730   (2,482 )  
Mine Development Costs (4,285 ) (4,517 ) (5 %)
Other Development Capital 0   (942 ) (100 %)
Exploration Costs (1,699 ) (2,048 ) (17 %)
Corporate Costs (886 ) (905 ) (2 %)
Net Cash Flow (4,141 ) (10,893 )  
       
Unit Input Costs (in dollars)      
Mining cost (per tonne ROM) 120   139   (14 %)
Processing cost (per tonne) 49   70   (31 %)
Site G&A (per tonne) 63   91   (31 %)
Cash Cost (US$ per oz)2 1,070   1,454   (26 %)
AISC (US$ per oz)2 1,734   2,606   (33 %)

1)  Mine EBITDA is a non-IFRS measure, refer to the Company’s “Non-IFRS Measures” and “Results of Operations” in the Company’s MD&A for a description and reconciliation to Net Income (Loss)
2)  Refer to the Company’s MD&A under “Non-IFRS Measures” for description of these measures


Corporate

  • Closed US$82.5 million financing package on June 14, 2019 and comprised of
    • US$52.5 million 6-year non-revolving term credit facility provided by BNP Paribas (“BNP”)
    • US$20.0 million 3-year revolving term credit facility provided by BNP
  • Entered into a hedge program in connection with the BNP financing, comprising approximately 79,000 ounces over the years 2020 through 2024, representing 24% of payable gold projected to be produced over this period, with a high of 32% in any year
  • Unrealized hedge gains (losses) are recognized in each accounting period and reversed when the hedge contracts mature in future periods
  • Repaid the US$20 million loan from ANR Investments B.V. (“Appian”) and the US$40 million loan from Sprott Private Resource Lending (Collector) LP plus accrued interest, prepayment penalties, production payment liability and other costs, totalling approximately US$70.7 million
  • Closed US$10 million equity subscription with Appian Natural Resources Fund (“Appian”)

Operational Outlook

  • Management expects mine performance to continue improving in the second half of 2019, supported by the following:
    • Ventilation constraints are resolved
    • Sufficient underground development is now completed to access both the Sugar Zone north and south areas
    • The number of available stopes was recently increased to three, with additional stope development ongoing
    • Operational team additions at the mine site include a mine superintendent, a health & safety coordinator and a senior environmental consultant
  • At a stable 800 tpd run-rate, cash costs are expected to reduce to US$551 per ounce (AISC of US$957 per ounce) for 2020 and US$580 per ounce (AISC of $891 per ounce) over life of mine

Financial Outlook

By Q4 2019 the Company expects to return to net positive free cash flow. The following table summarizes projected cash flows for Q4 2019, 12 months ended July 31, 2020 and 12 months ended December 31, 2020.

  • Quantities and dollars are based on the Feasibility Study, which used a gold price of US$1,300 per ounce and a Canadian dollar exchange rate of 0.77
  • The table illustrates the impact on cash flows using a gold price of US$1,400 per ounce and a Canadian dollar exchange rate of 0.75
  • Corporate overhead costs are based on 2019 budgeted amounts with an increase in 2020
  • Principal payments are based on the debt repayment schedules and interest calculated at a LIBOR base rate of 2.75% plus 2.875% to 3.875% premium

Financial Outlook Q4 2019 and 2020
 
  Q4 2019   Aug 1, 2019 to Jul 31, 2020   CY 2020
  Prior Gold $ Current Gold $   Prior Gold $ Current Gold $   Prior Gold $ Current Gold $
Gold price $ 1,300 $ 1,400   $ 1,300 $ 1,400   $ 1,300 $ 1,400
Payable ounces   13,156   13,156     54,482   54,482     63,902   63,902
Exchange rate   0.77   0.75     0.77   0.75     0.77   0.75
                 
Net revenues $ 21.1 $ 23.4   $ 87.4 $ 96.9   $ 102.5 $ 113.7
Operating expenses   11.4   11.4     45.9   45.9     48.1   48.6
Operating income   9.8   12.1     41.5   51.0     54.4   65.1
Development / CAPEX   6.2   6.2     27.6   27.6     25.2   25.2
Feasibility cash flow   3.5   5.8     13.9   23.4     29.2   39.9
Corporate overhead   0.7   0.7     3.6   3.6     4.3   4.3
Interest expense   1.6   1.6     6.2   6.3     5.8   5.9
Principal payments   0.0   0.0     4.1   4.2     8.2   8.5
Net Cash Flow $ 1.3 $ 3.5   $ 0.0 $ 9.3   $ 10.9 $ 21.3

As noted in the discussion on financial instruments, 20,316 ounces of the 2020 production are hedged at a maximum price of US$1,391

Near Mine Exploration Continues To Grow Sugar Zone South Area

Exploration along strike and to the south continues to intersect high grade mineralization. The Company has been successful in extending mineralization by 300 meters along strike and 200 meters down dip to the south of the Sugar Zone Mine. Drilling will continue in the area with the intention to expand the mineralized boundary.

Near Mine Drilling – Sugar Zone South Extension

Hole # From To Grade (g/t Au) Width (m)
SZ-19-265 638.85 640.75 8.62 1.90
SZ-19-266 491.32 493.00 21.07 1.68
SZ-19-267 405.23 408.54 3.92 3.31
SZ-19-269 463.41 465.00 7.00 1.59
SZ-19-271 394.4 396.08 27.60 1.68
SZ-19-273
   Including
412.00
412.81
413.41
413.00
6.06
27.80
1.41
0.30
SZ-19-274
   Including
358.70
350.45
360.75
360.75
6.30
42.00
2.05
0.30
SZ-19-276
   Including
487.09
488.00
489.11
489.11
23.59
42.32
2.02
1.11

(core intersection lengths approximate 80% true width, assay results are uncut, fire assay with metallic screen on samples >10 g/t)

Financial Instruments – Hedging

In connection with the BNP debt financing, the Company executed a gold hedge program for approximately 79,000 ounces, covering a period from January 2020 through June 2024. The hedge position was established using zero cost put/call collars on June 14, 2019 concurrent with the closing of the BNP loan facility. On that date, the gold price was US$1,351 and in the context of the market, put options were purchased to result in a floor price of US $1,300 on the hedged ounces. Such purchase price was funded by the sale of call options at prices varying between US $1,391 and $1,399 over the years.

In view of the gold price movement from US $1,351 on June 14th to US $1,409 on June 30th, the fair value of the hedge position resulted in a non-cash loss of $10.6 million as detailed in the financial statements. As each hedge position matures, any unrealized gains or losses will be realized and be offset by the opposite effect on the physical gold sales in each period.

The Company recognizes the mark-to-market adjustments in its statements of operations and comprehensive income or loss, however this is not a cash flow item and does not affect the day to day operations of the Sugar Zone Mine.

Liquidity and Capital Resources

Excluding debt, the Company had a working capital deficit of $7.5 million at June 30, 2019 compared to a deficit of $10.9 million at December 31, 2018. Although the current liquidity position and operations have improved, the Company expects to seek financing in addition to cash generated from operations in the future, either by way of equity, debt or drawn down under the standby commitment facility with Appian for up to an additional US$7.5 million in non-equity financing, available at the Company’s option and subject to conditions for drawdown. While the Company has been successful in raising funds to date, there can be no assurance that such funds will be available to the Company on terms that it finds acceptable.

On July 22, 2019, the Company entered into an underwriting agreement on a bought deal basis with Echelon Wealth Partners Inc. (“Echelon”) for 20,000,000 flow-through common shares at a price of $0.30 per common share for gross proceeds of $6,000,000. Echelon will receive a cash fee of 5% plus warrants to purchase up to 5% of the common shares sold, with each warrant exercisable at a price of $0.30 per common share for 18 months. The Company also granted Echelon an over-allotment option of up to 15% of the underwritten common shares, or up to 3,000,000 additional flow-through common shares.

Qualified Persons and NI 43-101 Disclosure

The company has implemented a quality assurance and control (“QA/QC”) program to ensure sampling and analysis of mine and exploration work is conducted in accordance with industry standards. Drill core is sawn in half with one half of the core shipped to Activation Laboratories located in Thunder Bay, ON, while the other half is retained at the Company’s core facilities in White River, ON, for future verification. Channel and Chip samples were sent to Wesdome Mines lab in Wawa, ON. Certified reference standards and blanks are inserted into the sample stream on a regular interval basis and monitored as part of the QA/QC program. Gold analysis is performed by fire assay using atomic absorption, gravimetric or pulp metallic finish.

Robert Kusins, P. Geo., Harte Gold’s Senior Mineral Resource geologist, is the Company’s Qualified Person and has prepared, supervised the preparation, or approved the scientific and technical disclosure in this news release.

About Harte Gold Corp.

Harte Gold is Ontario’s newest gold producer through its wholly owned Sugar Zone Mine in White River Ontario. Using a 3 g/t gold cut-off, the NI 43-101 compliant Mineral Resource Estimate dated February 19, 2019 contains an Indicated Mineral Resource of 4,243,000 tonnes grading 8.12 g/t Au with 1,108,000 ounces contained gold and an Inferred Mineral Resource of 2,954,000 tonnes, grading 5.88 g/t Au with 558,000 ounces contained gold.

A NI 43-101 compliant Feasibility Study was completed on the Sugar Zone Mine effective February 15, 2019 calculating total Reserves of 3,879,000 tonnes grading 7.1 g/t Au with 890,000 ounces of gold. Exploration continues on the Sugar Zone Property, which encompasses 79,335 hectares covering a significant greenstone belt.

For further information, please contact:
Stephen G. Roman
President and CEO
Tel: 416-368-0999
Email: sgr@hartegold.com
Shawn Howarth
Vice President, Corporate Development
Tel: 416-368-0999
E-mail: sh@hartegold.com

This news release includes “forward-looking statements”, within the meaning of applicable securities legislation, which are based on the opinions and estimates of Management and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “budget”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar words suggesting future outcomes or statements regarding an outlook. Such risks and uncertainties include, but are not limited to, risks associated with the mining industry, including operational risks in exploration, development and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections in relation to production, costs and expenses; the uncertainty surrounding the ability of the Company to obtain all permits, consents or authorizations required for its operations and activities; and health, safety and environmental risks, the risk of commodity price and foreign exchange rate fluctuations, the ability of Harte Gold to fund the capital and operating expenses necessary to achieve the business objectives of Harte Gold, the uncertainty associated with commercial negotiations and negotiating with foreign governments and risks associated with international business activities, as well as those risks described in public disclosure documents filed by the Company. Due to the risks, uncertainties and assumptions inherent in forward-looking statements, prospective investors in securities of the Company should not place undue reliance on these forward-looking statements. Statements in relation to “reserves” or “resources” are deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves or resources described may be profitably produced in the future.

Readers are cautioned that the foregoing list of risks, uncertainties and other factors are not exhaustive. The forward-looking statements contained in this document are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or in any other documents filed with Canadian securities regulatory authorities, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. The forward-looking statements are expressly qualified by this cautionary statement.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.


1 Mine EBITDA is a non-IFRS measure, refer to the Company’s “Non-IFRS Measures” and “Results of Operations” in the Company’s MD&A for a description and reconciliation to Net Income (Loss)
2 Refer to the Company’s MD&A under “Non-IFRS Measures” for description of these measures

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/815a218c-cf35-46af-97ef-5c29439138e0

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

IT

vSync Circuits Adds Verific’s Static Elaborator to Product Mix

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ALAMEDA, Calif., Dec. 03, 2019 (GLOBE NEWSWIRE) — Verific Design Automation today announced long-time customer vSync Circuits added Verific’s static elaboration to its product mix and introduced vLinter, early rule-based design analysis and verification software.

“Our relationship with Verific is one of great mutual admiration,” remarks Dr. Reuven Dobkin, chief executive officer and chief technology officer of vSync. “We respect Verific and value it as a trusted vendor with incomparable support and service.”

vLinter, static analysis-based verification used in early design stages, hunts design bugs due to bad coding practices, including unsynthesizable code, unintentional latches, undriven signals, race conditions, out-of-range indexing, incomplete case statements and simulation and synthesis mismatches. It supports both ASIC and FPGA design flows and allows easy and fast setup by directly loading project files from leading synthesis software.

“VSync takes a clever approach to functional verification using structural and formal verification, RTL and gate-level verification, automatic timing constraints generation and automatic bug fixing,” remarks Michiel Ligthart, Verific’s president and chief operating officer. “The result is a powerful methodology that works in either FPGA or ASIC verification and integration flows with Verific’s parser platforms serving as the front end.”

Verific’s SystemVerilog, VHDL and universal power format (UPF) Parser Platforms are in production and development flows at semiconductor companies worldwide, from emerging companies to established Fortune 500 vendors. Applications range from analysis, simulation, formal verification and synthesis to emulation and virtual prototyping, in-circuit debug and design for test. Verific distributes its Parser Platforms as C++ source code and compiles on all 32- and 64-bit Unix, Linux, Mac OS and Windows operating systems.

About vSync Circuits
vSync Circuits is an EDA and IP solutions company providing integration and verification solutions for ASIC and FPGA design and verification groups. It introduces a novel and unique technology for reliable multiple clock-domain design integration and verification comprised of a tool-based approach that bridges the design and verification worlds. vSync Circuits methodology is generic and is compatible with all different design flows.

About Verific Design Automation
Verific Design Automation is celebrating 20 years as the leading provider of SystemVerilog, Verilog, VHDL and UPF Parser Platforms that enable project groups to develop advanced electronic design automation (EDA) products quickly and cost effective worldwide. Verific, with offices in Alameda, Calif., and Kolkata, India, has shipped more than 60,000 copies of its software used worldwide by the EDA and semiconductor industry. Corporate headquarters is located at: 1516 Oak Street, Suite 115, Alameda, Calif. 94501. Telephone: (510) 522-1555.

Engage with Verific at:
Email: info@verific.com
Website: www.verific.com
LinkedIn: https://www.linkedin.com/company/verific-design-automation-inc/
Facebook: https://www.facebook.com/Verific-Design-Automation-100448363329771/

Verific Design Automation acknowledges trademarks or registered trademarks of other organizations for their respective products and services.

For more information, contact:
Nanette Collins
Public Relations for Verific
(617) 437-1822
nanette@nvc.com

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Rackspace Expands Professional and Managed Services to Accelerate Customer Cloud Adoption with Amazon Web Services

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SAN ANTONIO and LAS VEGAS, Dec. 03, 2019 (GLOBE NEWSWIRE) — Announced today from AWS re:Invent 2019, Rackspace accelerates its growth as a full stack service provider by expanding its portfolio of Rackspace Service Blocks™. This news expands Rackspace’s leadership in providing professional and managed services for Amazon Web Services (AWS).

With the expansion of the Service Blocks portfolio, Rackspace further empowers customers to keep pace with innovation and capitalize on new services and features like Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), and Serverless Computing.

“Our customers need deep AWS expertise that helps them develop, deploy, and integrate the latest applications, improve and secure their infrastructure, and ultimately make the most of what AWS has to offer so that they can move their businesses forward,” said Matt Stoyka, Chief Relationship Officer, Rackspace. “Our enhancement of Rackspace Service Blocks bridges the skills gap faced by customers who are quickly maturing on AWS.”

“For 15 years, we’ve trusted Rackspace to hear and understand our challenges, diagnose our problems, and quickly develop solutions that fit our evolving needs as a company,” said Bill Dalton, Vice President of Firefly Digital. “Today, bringing their expertise to manage our entire container services journey, Rackspace ensures we’re getting the most from AWS so we can focus on innovating and staying competitive.” 

Enhanced Portfolio for AWS Services: Rackspace Introduces Three New Rackspace Service Block Patterns

Rackspace Service Blocks is the modular cloud services portfolio comprised of discrete, customizable services provided on a flexible consumption model, which allows customers to only pay for the cloud services they need, optimizing IT economics. 

Today’s newly introduced Rackspace Service Block patterns are designed to streamline the adoption of AWS by consolidating broad expertise across infrastructure, applications, data, strategy and integration. This expertise is distilled into solution roadmaps designed to help customers deploy three key types of solutions:

  • Container Services Journey – A combination of Professional Services, Managed Cloud and Advanced Kubernetes Management Service Blocks, this offering helps customers outline their container strategy, build containerized applications and transition them into ongoing management.
  • Hybrid Transformation with VMware Cloud on AWS – A grouping of managed and professional services designed to provide customers with the tools and expertise needed to make a smooth transition to hybrid cloud with VMware Cloud on AWS.
  • Data Modernization – This configuration helps customers streamline analytics processes, uncover deficiencies within processes and derive meaning from data to enable better data-driven business decisions and serve their customers with accurate and timely data.

Learn more about Rackspace Service Blocks at rackspace.com/lp/new-aws-service-blocks. 

Visit Rackspace at Booth #1637 in the Venetian at AWS re:Invent 2019.

About Rackspace
At Rackspace, we accelerate the value of the cloud during every phase of digital transformation. Across applications, data, security, hybrid and multiple clouds worldwide, we provide cloud specialists with unbiased expertise, continuous modernization and Rackspace Service Blocks. We work with leading partners and alliances. As a recognized Gartner Magic Quadrant leader, we deliver Fanatical Experience™ across every interaction. Rackspace has been honored by Fortune, Forbes, Glassdoor and others as one of the best places to work.

Media Contact
Mikala Ferguson
mikala.ferguson@rackspace.com
210-550-6452

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New Research Finds Latest Accounting Regulations Are Significantly Driving Up Audit Costs

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LOS ANGELES, Dec. 03, 2019 (GLOBE NEWSWIRE) — FloQast, a provider of close management software created by accountants for accountants to close the books faster and more accurately, today announced the results of a just released survey entitled “The Ugliness of the Audit.” The study, based on feedback from more than 200 financial audit stakeholders, clearly demonstrates that audits are becoming significantly more costly and burdensome for companies of all sizes and the situation is not expected to improve in the next two years. It is important to note that these cost increases are driven primarily by changing accounting rules and regulations such as ASC 606.

“The audit is an essential part of the accounting process, but it is abundantly clear that the process has become overly taxing and expensive for companies of all sizes,” said Diane Hagglund, senior research analyst at Dimensional Research. “As audits become increasingly painful and burdensome, it is driving demand for innovative software solutions that help mitigate this pain by delivering a level of sanity into the process.”

Key findings in the report include:

  • Audit costs are rapidly growing – Audits are becoming increasingly expensive for organizations of all sizes, with over half of finance teams (53%) reporting substantial increases in audit costs in the past two years, driven primarily (64%) by new accounting regulations. The vast majority (81%) of companies that have adopted ASC 606 in their audit procedures report that it has negatively impacted their audit, increasing the cost and time to complete it and adding additional stress and frustration to the process. Ninety percent (90%) expect audit costs to further increase in the next two years and more than half (55%) of large companies (over 1,000 employees) have annual audit fees of more than $250,000.
  • Audits are lengthy and disruptive for finance teams The audit process places a big strain on finance and accounting departments with ninety-five percent (95%) stating they face challenges with their audits, including conflicts with other work (82%), the complexity of accounting rules (58%), and dealing with the stressful time that has a personal impact on their staff (50%). Most telling, 66% say that CFOs and controllers live with persistent fear that they may have missed something in their financials that will come under the scrutiny of the auditors.
  • Financial software improves the audit process – Close management software is providing improvements to the audit process for 91% of the finance teams that use it, and they are less likely to expect significant increases in the cost of their audit in the future. Eighty-nine percent (89%) of those surveyed indicated they would benefit from additional software capabilities, commonly found in close management, during their audit.

“This survey validates what we hear from our customers every day – the audit has become a black hole that sucks the money, time and morale from accounting teams every year,” said Mike Whitmire, CPA*, co-founder and CEO of FloQast. “FloQast’s goal is to provide controllers and CFOs with the financial software and tools that drive more efficient audits meaning less billable hours by auditors and a quicker return to focusing on what really matters, and that’s running the business.”

A complimentary copy of the report is available at www.floqast.com/auditsurvey.

Join Dimensional Research and FloQast for a live webinar on “The Ugliness of the Audit – and How to Avoid It” on December 11 at 11:00 am PT/2:00 pm ET during which they will walk through the survey results and share best practices for how to improve audit readiness. Register at www.floqast.com/auditsurveywebinar.

To learn about FloQast close management software and how it will help your accounting team to streamline your annual audit, visit www.floqast.com/audit.

Survey Methodology
The survey was conducted by Dimensional Research, on behalf of FloQast, in November 2019. A total of 203 accounting and finance professionals participated in the survey, all of whom were directly responsible for activities and outcomes of year-end financial audits. The purpose of the survey was to gauge finance and accounting professionals’ opinions of and experiences with the annual audit process, particularly in the light of the adoption of new accounting regulations such as ASC 606 and 842.

About Dimensional Research
Dimensional Research® provides practical market research to help technology companies make their customers more successful. Our researchers are experts in the way technology organizations operate to meet the needs of their business stakeholders. We partner with our clients to deliver actionable information that reduces risks, increases customer satisfaction, and improves business results. For more information, visit dimensionalresearch.com.

About FloQast
FloQast is close management software, created by accountants for accountants to close faster and more accurately. On average, accounting teams who rely on FloQast close three days faster. Seamlessly integrated with ERPs and leveraging existing checklists and Excel, FloQast provides a single place to manage the month-end close and gives everyone visibility. The cloud-based software is trusted by more than 750 accounting departments, including those at Lyft, Twilio, Zoom and The Golden State Warriors. To learn more, visit www.floqast.com and join the conversation on Twitter at @floqast.

*inactive

Rebecca Mettler
BOCA Communications for FloQast
floqast@bocacommunications.com
914-215-0113

 

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