Demand is growing in the corporate world for faster and more standardised banking formats - leading to the increasing popularity of Cash Management (camt).
The system designed to pay suppliers earlier and charge buyers later has met with plenty of cynicism, especially from smaller businesses. But could they be on to a winner?
Research by the software and technology company Sungard has found that business process outsourcing, accelerated migration to the cloud and third party managed services are key global trends for the financial services industry over the next 12-18 months.
New research from leading specialist in audit, tax and advisory services, Mazars, has revealed big differences in working capital policies and procedures in different parts of Europe, with UK and Irish SMEs being more likely to use trade credit than their other European counterparts.