James W. Suttie, President and CEO of Selkirk Financial Technologies Inc., together with Walter Stark, Director of Cash Management at Humana Inc., one of the largest publicly traded health care companies, have been chosen to present at this year’s annual TEXPO Conference. Comments Humana’s Stark, ‘To ensure success, you not only need a superior treasury management system like Treasury Manager, you also need the experience, the technical knowledge and the dedication of professionals supporting it.’ ‘As Humana continues to grow, we estimate that with Treasury Manager in place, Humana will save $213,000 in FTE savings as well as $45,000 in efficiencies and $60,000 in additional interest income,’ explains Stark. ‘This total savings of $318,000 over three years works out to an internal rate of return of 25%.’
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.