Coca-Cola Beverages has just installed Quantum Treasury Management Solution at its Hammersmith headquarters. The new system provides treasury and cash management capabilities for its Treasury operations in London. The evaluation process undertaken by the company included an in-depth comparison of five major vendors in the market. Quantum from Global Information Solutions was selected as it was the only system able to meet at least 80% of the current and future requirements of the Company’s central Treasury department. Commenting on the selection process, Helen Wilkinson, Assistant Treasurer at Coca-Cola Beverages states: ‘Quantum was the most convincing solution, enabling us to automate most of our current processes, and provide the flexibility in business structures and transactions to meet our timetable for centralisation with our operations in Central and Eastern Europe’.
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.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.