Marsh, the world’s largest insurance broker has initiated the use of an electronic catalogue procurement system to improve administrative business processes. The service, developed and managed by UK based Burns e-Commerce Solutions, enhances key trading relationships initially throughout all UK offices and subsequently globally. This connects directly with the Burns Business eXchange Supply Chain service, which allows suppliers to receive their orders and send back acknowledgements and invoices electronically over the Internet via EDI, XML and web browser technology.
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.