The Weiland Financial Group’s (WFG) BRMEdge outsourced solution has been chosen as the bank-fee monitoring system for the United States Postal Service (USPS). The solution is required to track bank fees from approximately 37,000 postal installations and many bank accounts across the US. In fiscal year 2006, USPS paid approximately US$30m to process cash and checks. The solution will be implemented, managed, and maintained by WFG. Billing errors are identified for field deposits, payroll-controlled disbursement, and lockbox. Using the solution, USPS financial analysts across the US can download user-friendly reports with information organized around USPS’s structure, as well as the bank, account, and service level. Reports are available online and come in several common formats.
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.