Called the One Electronic Billing Service and the One Electronic Invoicing Service, Bank One’s new services offer both B2B and B2C options. The One Electronic Billing Service enables commercial customers to present bills and other documents to consumers on-line through muti-channel distribution, receive payments electronically, decrease the cost of bill and payment processing, support web-based interactive customer service and distribute cross-sell marketing messages. The One Electronic Invoicing Service enables customers to present invoices on-line, reduce the float time between sale and payment and decrease the cost of the invoicing, payment processing and customer service delivery. In addition, it enables customers’ trading partners to view invoices over the internet, dispute entire invoices or sections, download invoice and disbursement information, and interact with their supplier’s customer service and accounts receivables departments.
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.