Demica has announced a strategic alliance with Advanced Data Exchange (ADX) to offer their respective solutions in supply chain financing and business-to-business integration services to customers across Europe and the US. The commercial alliance reflects a convergence between solutions that improve the financial relationships of trading partners – through invoice management and financing – and those that facilitate the electronic exchange of information in the supply chain. Demica and ADX will market each others’ solutions to their existing client base and also collaborate on joint supply chain management initiatives to leverage their combined knowledge, technical skills and experience.
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.