Input/Output, a technology-focused seismic solutions provider for the global oil and gas industry, has selected SunGard’s AvantGard receivables management solution for its new shared services centre. “We are migrating from a decentralized credit and collections operation to a shared services centre environment,” said Dave Maxey, Input/Output’s treasurer and vice president of Tax. “AvantGard provides a centralized repository of data and a systematic approach, which will help us to more effectively manage and consolidate our credit exposure and more easily track and report on our outstanding receivables.”
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.