Emerson Electric, a manufacturing and technology company, has completed the implementation of eTC, the treasury management system (TMS) from City Financials.
Jay Hesse of Emerson said: “We completed the implementation on time and are very pleased with the result. Using eTC, we will manage both treasury and accounting for all of our international treasury activity, including investments, intercompany loans, cash pools and foreign exchange trading.”
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.