XRT has signed an agreement with the Henkel Group – manufacturers of global brands such as Persil, Schwarzkopf, Pritt and Loctite – that will incorporate XRT Business Exchange Platform (XBE) and XRT Globe$ into Henkel’s global, centralised treasury management function. Henkel will use XRT Globe$ to provide cash management capabilities to support its worldwide cash decision-making and liquidity planning, while XBE will provide the bank communication platform. Using XRT will facilitate secure payments and improve the quality and flow of essential financial data between Henkel’s central treasury function and its subsidiaries and banking partners as well as reducing the costs associated with these transactions.
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.