Equitant is to manage order-to-cash processes for automotive supplier Visteon Corporation’s North American and European operations. In a multi-year service agreement, Equitant will assume responsibility for Visteon’s back-office processes and technology. Commenting on the deal, Christine Ohar-Palo, Global Director of Order-to-Cash at Visteon, said: ‘Since becoming an independent company in 2000, Visteon has been pursuing the transition of certain systems and processes. This service agreement enables us to shift resources to focus on the company’s core business, while simultaneously driving performance improvements within operations.’
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.