Citibank has announced the launch of its new Electronic Billing service, which provides business-to-business electronic bill presentment and payment services over the Internet. It allows companies to transact electronically with their corporate clients, even if those clients are not EDI-enabled. The new offering facilitates web-based invoicing, payment, and presentment in a collaborative, real-time environment for all parties. The service accommodates corporate bill dispute resolution on-line by enabling the payer to review and, if necessary, make adjustments to the vendor’s on-line bill. It provides a secure, interactive system integrating invoice data to both the payer’s and biller’s accounting systems.
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.