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Basware Enhances its E-invoicing Solution to Offer Compliance with Indian National Mandate

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Basware (Nasdaq: BAS1V) announced today the launch of an e-invoicing solution that provides compliance with Indias national e-invoicing mandate. Qualifying businesses will need to implement the technical capabilities to deliver invoices into the governments Invoice Registration Portal (IRP) and secure the required clearance. The Basware solution seamlessly enables compliance and offers customers the full range of its e-invoicing package benefits.

This mandate will bring about stronger compliance and is widely regarded as a strong step forward towards further establishing e-invoicing in India, and with international businesses that operate within the Indian market, said Sami Nikula, Director Network Solutions, Basware. Once more businesses implement e-invoicing solutions in India, they will soon realize the big advantages of e-invoicing: faster payments, less paper, a reduced carbon footprint, stronger compliance, less exception handling, faster processing times and higher invoice data quality. All of this helps to gain 100% cash flow visibility.

The new national ruling mandates that businesses with an annual revenue higher than 500 cr INR (~60 million Euros) must register their invoices electronically within the national IRP. Initially, this mandate is required for B2B invoices of high-revenue organizations. In the future, the mandate will progressively extend to B2B, B2G and B2C invoices and other business documents of smaller organizations. The solution that Basware provides for the start of the e-invoicing mandate covers the relevant business cases for Basware customers.

Many businesses operating in India face the mandate’s challenging short timeline and operational implications, commented Sami Nikula. A world-leading supplier of power solutions to marine and industrial applications, a Basware customer who operates in India, overcame those odds. With Basware, the organization has achieved compliance with the mandate on day one.

To learn more please visit Basware Network Ensures Compliance with India.

About Basware

Basware is the only procure-to-pay and e-invoicing solution provider that empowers businesses with 100% spend visibility through 100% supplier connectivity and 100% data capture. Our cloud-based technology enables organizations to fully manage their spend, mitigate financial risk and reduce the cost of operations via automation. With the worlds largest open business network and an open technology ecosystem, we are uniquely positioned to deliver the solution required for Visible Commerce, which provides customers with complete transparency into all the flows of money, goods, and services around the world. A global company, Basware has offices in 14 countries and is traded on the Helsinki exchange (BAS1V: HE).

Jeanne Bernish

[email protected]

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Orb Health Named as Marquee “Visionary Sponsor” at AllianceChicago and Health Choice Networks Annual Board of Directors Virtual Educational Conference November 4-12

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Orb Health announced today that it has been named a Marquee Visionary Sponsor of the AllianceChicago and Health Choice Networks Virtual Educational Conference, November 4th-12th. This announcement comes on the heels of Orb Health being named a Health Choice Network (HCN) partner for its Enterprise Virtual Care solution and services that run HCNs chronic care and patient administrative support services and will accelerate the expansion of services network wide. This further expansion of the partnership is driven by the significant results found in the independent Orb Health Patient Outcomes study on the Chronic Care Management (CCM) program at Community Health Centers of Pinellas (CHCP). It showed a 54% decrease in Emergency Department (ED) visits for Chronic Care patients with 6 or more chronic conditions within 9 months of implementation resulting in $6.22 million of projected annual Medicare savings per 1,000 patients.

Orb Healths partnership with HCN has driven significant outcomes for their patients and bottom line, said Bryan Krastins CEO, Orb Health, Were excited to exhibit this solution as part of this phenomenal show, giving us the opportunity to highlight the tremendous real-world results we are seeing in health systems, ACOs, Federally Qualified Health Centers, and Community Health Centers.

CHCP has not only realized significant decreases in ED visits and chronic patient related costs but also observed a 22% increase in outpatient appointments, with 100% schedule utilization within two weeks of implementation. Orb Health will be discussing its revolutionary program at the virtual conference, including speaking sessions entitled Enterprise Virtual Care: Bending the Cost Curve of Chronic Care and Beyond at 10am ET on November 10th and Enterprise Virtual Care: Closing the Care Gap at 10am ET on November 12th.

Registration for the event can be found here.

About Health Choice Network

Health Choice Network is a successful nation-wide collaboration among health centers, health center-controlled networks and partners. By providing key business services in financial, managed care and billing support, strategic initiatives and the latest in health information technology, participants can improve patient outcomes through increased efficiencies and more accessible care in underserved communities. With 63 safety-net organizations in nineteen states serving approximately 2.1 million patients, HCN is recognized as a leader in the integration of health information technology, among health centers and safety net providers. Please visit https://www.hcnetwork.org.

About Community Health Centers of Pinellas, Inc.

Community Health Centers of Pinellas, Inc., (CHCP) is a not-for-profit healthcare organization that has been providing affordable, quality primary healthcare services to the residents of Pinellas County since 1985; becoming a Federally Qualified Health Center in 1993. CHCP provides Family and Pediatric Medicine, Obstetrics and Gynecology Care, and Dental Care. CHCP has 11 healthcare facilities throughout Pinellas County and offers affordable healthcare; accepting most major insurances and offering a sliding fee discount program for eligible individuals. For more information, visit https://www.chcpinellas.org.

About Orb Health

Orb Health is based in Richardson, Texas and partners with leading Accountable Care Organizations (ACOs), healthcare systems, Federally Qualified Health Centers (FQHCs), Community Health Centers (RHCs), Revenue Cycle Management firms, insurance companies, and payors to improve patient outcomes and accelerate value-based profitability. Our industry-leading Enterprise Virtual Care„¢ solution enables providers to seamlessly increase care capacity for chronic care, patient support, and outbound campaigns that deliver reimbursable, collaborative, patient-centric care coordination as an extension of the practice without requiring additional staff, applications, or office space. All stakeholders in the patients outcome work as a cohesive unit through a holistic approach that drives significantly improved patient outcomes and satisfaction while increasing reimbursements and lowering the cost curve of chronic care and beyond.

Learn more at https://orbhealth.com/.

Media Contact:

Chad Jones, Orb Health

Chief Strategy Officer

[email protected] | 857-891-4283

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Skechers Pier to Pier Friendship Walk Raises Over $1.8 Million for Kids in Its First-ever Virtual Event

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The Skechers Pier to Pier Friendship Walk continued the Skechers Foundations decade-plus annual tradition of gathering to support children with special needs and education, through a virtual event viewed by many across the country. The October 25 event raised over $1.8 million in funds, tipping the total since the first Walk in 2009 to an impressive $15 million. Celebrity youth and students across Southern Californias beach cities joined together to host the event, taking viewers through their personal journey during these unprecedented times. A star-studded lineup rallied behind the kids and the cause, including performances with Americas Got Talent winner Kodi Lee and appearances with celebrities and sport legends such as Tony Romo, Brooke Burke, Sugar Ray Leonard, Matt Kuchar, Brooke Henderson, Howie Long, Denise Austin, and many more.

It feels so awesome to be back¦Heck, yeah! exclaimed Kodi Lee, headlining performer at the Skechers Pier to Pier Friendship Virtual Walk. Added Kodis mother, Tina Lee: Though were celebrating from home, this years Walk felt even more special than the last. A pandemic could not keep our community from joining together to raise funds for thousands of children and celebrating with Kodi. Everyones support for kids with special needs has touched our hearts, and Kodi loves how his performances bring joy to so many, especially in these uncertain times. Its an event well never forget.

Though 2020 has presented its fair share of obstacles, canceling our Walk was not an option, said Michael Greenberg, co-founder of the Skechers Pier to Pier Friendship Walk. This year, our typical 3.5-mile event was shared with communities across the South Bay and beyond “ and our celebration will continue to live online year-round for the world to watch and give. Thanks to our all-star roster of celebrities and athletes, the continued support of many of our regular sponsors, and the generosity of thousands of families, were able to make a difference when its needed most.

When COVID struck, we realized that offerings in the Friendship Foundation were going to drastically change, and our kids with special needs were going to be the most impacted by reduced or limited services, said Yossi Mintz, executive director of The Friendship Foundation. Many of these kids did not understand what was happening, or why their daily routines were halted overnight. Thanks to the support of the Skechers Foundation and funds raised by the Skechers Pier to Pier Friendship Walk, we were able to quickly adapt and create a roster of virtual programs for Friendship Foundation families to utilize and remain connected from home. These ambitious changes have helped many get through these unusual times.

Historically Californias largest event for children with special needs and education, the Skechers Pier to Pier Friendship Walk has raised more than $15 million to date for public schools, scholarships and the Friendship Foundation. More than 17,000 registrants participate in the event annually, many of whom have celebrated virtually from home and walked through their neighborhoods in tribute.

The Skechers Pier to Pier Friendship Walk thanks its headlining media sponsor NBC4, as well as more than 100 other companies who have supported our children including Gelsons, United Legwear & Apparel, The CET Foundation, Moose Toys, Kinecta Federal Credit Union, Petco Foundation, Steel Sports, Vertra, Chevron, McCarthy Construction, Dakine, Aptos Retail, CAA-GBG, Continental Development, Mattel, Marshalls, WSS, OMelveny, Halo Life, Ross Dress for Less, Off Broadway Shoe Warehouse, Suntech, Caskey & Caskey and Associates, Bank of America, Morgan Stanley and Stroyke Properties.

To watch the stream of this years Skechers Pier to Pier Friendship Walk virtual presentation and learn more about the event, please visit skechersfriendshipwalk.com or YouTube, and follow the Walk on Facebook, Instagram, and Twitter.

About Skechers Foundation

The Skechers Foundation was established to provide families around the world with the necessities and skills to succeed in life. In addition to organizing the Skechers Pier to Pier Friendship Walk, the Skechers Foundation funds tax-exempt, 501(c)(3) nonprofit organizations that provide education and job training, shoes, clothing, fitness and nutrition guidance to communities in need.

About Skechers USA, Inc.

Based in Manhattan Beach, California, Skechers (NYSE: SKX) designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Companys collections are available in the United States and over 170 countries and territories via department and specialty stores, and direct to consumers through 3,615 Company- and third-party-owned retail stores and e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, Twitter, and TikTok.

This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as believe, anticipate, expect, estimate, intend, plan, project, will be, will continue, will result, could, may, might, or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers annual report on Form 10-K for the year ended December 31, 2019 and its quarterly report on Form 10-Q for the three months ended June 30, 2020. More specifically, the COVID-19 pandemic has had and is currently having a significant impact on Skechers business, financial conditions, cash flow and results of operations. Forward-looking statements with respect to the COVID-19 pandemic include, without limitation, Skechers plans in response to this pandemic. At this time, there is significant uncertainty about the COVID-19 pandemic, including without limitation, (i) the duration and extent of the impact of the pandemic, (ii) governmental responses to the pandemic, including how such responses could impact Skechers business and operations, as well as the operations of its factories and other business partners, (iii) the effectiveness of Skechers actions taken in response to these risks, and (iv) Skechers ability to effectively and timely adjust its plans in response to the rapidly changing retail and economic environment. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.

Jennifer Clay

SKECHERS USA

[email protected]

(310) 937-1326

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Organic Pigments Market 2020-2024| Azo Pigments Segment to Witness Massive Growth | Technavio

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Scope of the report

This report provides a detailed analysis of the organic pigments market by type (azo, phthalocyanine, and others), application (printing inks, paints and coatings, plastics, and others), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the markets competitive landscape and offers information on several market vendors, including BASF SE, Clariant International Ltd., Dainichiseika Color & Chemicals Mfg. Co. Ltd., DCL Corp., DIC Corp., Ferro Corp., Heubach GmbH, LANXESS AG, Sensient Technologies Corp., and Sun Chemical Corp. Advancement in organic pigments is a key trend in the global organic pigments market which will lead to significant market growth. The growing health and safety concerns and the focus on reducing carbon footprint have increased the preference for bio-based pigments. This is encouraging vendors to offer innovative organic pigments made of renewable raw materials to gain an edge over competitors. All these factors are leading to a positive outlook for the organic pigments market.

To learn more about the global trends impacting the future of market research, download a free sample now

Organic Pigments Market: Segmentation by Geography

The market is segmented into five regions encompassing APAC, Europe, MEA, North America, and South America. APAC was the largest market for organic pigments in 2019, and the region is expected to offer several growth opportunities to market vendors during the forecast period. About 54% of the markets growth will originate from APAC during the forecast period. The growth in infrastructure development activities has increased the demand for paints and coatings in the region. Also, the rising demand for paints and coatings with functional benefits is fostering the growth of the organic pigments market in APAC. China and India are the key markets for organic pigments in APAC.

Organic Pigments Market: Segmentation by Solution

The organic pigments market is segmented into three segments based on type comprising of azo, phthalocyanine, and others. The azo segment emerged as the leading segment during 2019. Azo pigments are used to impart various colors such as red, yellow, and orange in paint and coating applications. With the growth in the global construction industry, the demand for these coatings has been increasing steadily over the years. These factors are creating significant growth potential in the segment.

Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Organic Pigments Market: Growth Drivers

Population growth and demand for urbanized areas will drive market growth. Improved living standards and the growing affinity toward urban lifestyle has increased the migration of individuals from rural to urban areas worldwide. Also, the growth in the global population has increased the demand for housing. These factors have significantly contributed to the growth of various industries such as automotive, construction, and other industries. Organic pigments are widely used in the construction and automotive industry for various painting and coating applications. Thus, the growing global population and the urban population will have a positive impact on the organic pigment market during the forecast period.

Organic Pigments Market: Market overview

The organic pigments market is fragmented with the presence of several domestic and international players. Hence, companies need to adopt advanced technologies and marketing strategies to remain competitive in the market. BASF SE, Clariant International Ltd., and Dainichiseika Color & Chemicals Mfg. Co. Ltd. are some of the major market participants. Though the accelerating growth momentum will offer immense growth opportunities, the high cost of organic pigments will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Market Sizing Methodology

Technavio uses a robust market sizing approach to estimate the total opportunity size for any market. Some of the examples of methodologies are shown for reference data is collected through both primary research (through industry interview with market participants and industry experts) as well as secondary research (through annual reports, press releases, company and industry presentations, industry associations, journals and in-house data repositories built over past 15 years)

Organic Pigments Market: Parent Market Overview

Technavio categorizes the global organic pigments market as a part of the global chemicals market. The parent global chemicals market covers companies engaged in the manufacture of various types of products under organic and inorganic chemicals. The global specialty chemicals market covers products and companies engaged in high value-added chemicals used in the manufacture of a wide variety of products, including, but not limited to, fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings.

Growth in the global specialty chemicals market will be driven by the shift toward the use of specialty adhesives and sealants.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

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Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions. Our focus is on emerging markets and technologies, providing insights not available anywhere else. We report on the latest innovations and trends in all the industries we cover. We also create value for our clients by offering a blend of off-the-shelf research reports and customized research, allowing you to get the information you need when you need it.

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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