XRT’s Enterprise Suite has been chosen by NACCO Materials Handling Group (NMHG) – a North American supplier of lift truck products – to automate and standardize its global treasury management processes. NMHG said it hoped the implementation would allow treasury management to focus on value-added analysis and advisory activities by reducing the time spent on manual and repetitive data entry processes. A key factor in NMHG’s choice was the software’s ability to help the organisation comply with the ever-increasing regulatory requirements of multiple countries, such as the Sarbanes-Oxley Act in the United States, according to Julie Boadway, lead treasury analyst for NMHG.
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.