De Lage Landen has gone live with Sword Apak’s wholesale finance system, WFS, in Spain. The latest country implementation follows De Lage Landen’s selection of Sword Apak to support its commercial finance technology operations throughout Europe.
De Lage Landen is an international provider of asset-based financing solutions. Sword Apak’s market leading software, WFS, is used to fully automate De Lage Landen’s stock funding operations across specialised industries, which include food and agriculture, office technology, construction and industrial, as well as healthcare and transportation.
Peter Johnstone, VP and general manager of commercial finance for Europe at De Lage Landen, said: “De Lage Landen takes pride in providing a tailored floorplanning and inventory finance service which supports our customers’ specific country requirements. Sword Apak has helped us to achieve this objective by rolling out its multi-national floorplanning system to selected countries, augmenting De Lage Landen’s European market presence in commercial finance.”
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.