Navistar International Corporation’s International Finance Group (International Finance) has entered into a long-term deal with JPMorgan Treasury Services, which will see International Finance employ JPMorgan’s electronic invoice presentment and payment services (EIPP) in the US. Using technology from BCE Emergis, JPMorgan will upgrade International Finance’s existing accounts receivable process, making their invoices available online. JPMorgan’s electronic invoicing process will allow International dealers and retail customers to pre-schedule payments online, a move which it hopes will allow them to better manage their trade credit.
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.