The Levantina de Granitos Group has signed a contract with XRT to install a new module for customer credit risk management and debt collection management. The module will supplement its existing XRT cash management, reconciliation and banking communication solutions. The XRT Cash Collection module of XRT Collection Management will enable the group to automate its debt collection process, accelerating payments and reducing the number of outstanding claims and unpaid items. Management of follow-up priorities is monitored by a self learning engine within the solution which, according to rules and criteria defined by the manager, can provide each member of the collections department team with a daily list of key actions to perform.
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.