The document imaging and remittance management components of Third Millennium’s i.suite™ software solution, in conjunction with the Bank of America’s Image Lockbox, allow Baylor to operate its accounts receivable collection process in an industry unique paperless environment. With the integration of Bank of America’s Image Lockbox and Third Millennium’s i.suite applications, Baylor obtains more efficient access to remittances for faster cash posting and account resolution. The combined solution adds functionality to Baylor’s existing systems and increases the productivity and accuracy of their Centralized Business Office operations while yielding a high return on investment. The integrated lockbox solution improves cash flow and workflow by reducing the problems, delays and cost associated with paper.
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.