PNC Bank launch A/R Advantage, a multi-million-dollar treasury management initiative directed at the enhancement of a company’s ability to manage its working capital. ‘In the dynamics of today’s business world, corporations need high quality information more than ever before, and they need it fast. When it comes to business-to-business receivables management information, the faster the better,’ said Francine M. Miltenberger, PNC Bank Treasury Management executive vice president. ‘CFOs, treasurers and controllers are all challenged by a number of issues that impact working capital management. Corporations need ways to shorten information float, shave time off the receivables cycle, integrate traditional paper remittances with electronic formats, and enhance their client relationships at the same time. A/R Advantage is designed to help them address their particular issues. ‘
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.