Computer Software (CS) Group has partnered with Bottomline Technologies to deliver BACSTEL-IP compliant solutions and services to UK-based organisations. CS Group provides accounting, distribution and payroll systems to businesses in a variety of industries including transportation and manufacturing. Under the partnership agreement, CS Group will integrate Bottomline’s BACTEL-IP service into its finance systems, enabling CS Group’s customers to comply with the new BACS electronic payments standard. “Our partnership with CS Group further extends our ability to provide BACSTEL-IP solutions and services to UK organisations regardless of size or industry,” said Tim Miller, vice president of EMEA Channel Alliances for Bottomline Technologies.
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.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.