SEB to implement virtual accounts solution with TietoEvry

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SEB will launch a new virtual account management solution in partnership with Nordic software company TietoEVRY. With the new service, the bank can offer its corporate customers virtual cash management services.

The new service will support multinational corporate customers of SEB that need a fast and reliable way to centralise collection of payments and rationalise bank account structure. By centralising collection of receivables, corporate treasurers will get better visibility of the liquidity position and with a highly-automated reconciliation process, the COBO (collections on behalf of) structure will provide faster access to cash.

In many large organisations, handling customer payments is

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Boeing scores first new 737 Max orders since November

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A Boeing 737 MAX sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington.

Matt Mills | Reuters

Boeing on Wednesday said it scored its first orders for its beleaguered 737 Max planes since November, selling two of them to a Polish charter airline with options to buy two more.

Enter Air, an all-Boeing airline, and Boeing also reached a settlement over the grounding of the 737 Max, which has been out of service worldwide since March 2019 after two crashes killed 346 people. The companies didn’t disclose the terms

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Enterprise Information & Inventory Quotes

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Business news,Business daily,Business ideas,Business insider,Business letter,Business line,Business plan,Business proposal,Business times,Business world,Online businessWhen selecting a enterprise thought, it is sensible to take a look at your strengths, ability set, and stuff you’re already passionate about. Ramit Sethi, enterprise coach and creator of the site , has a uniquely direct methodology of figuring out a enterprise thought’s viability with a requirement matrix ” damaged into four quadrants: High End (high price, few customers), Mass Market (low worth, many purchasers), Golden Goose (excessive price, many purchasers), and Labor of Love (low worth, few prospects).

If you want to entice cycling fanatics, you can provide year-spherical repair services. When you’re at it, you can even … Read More

Trump to sign executive order requiring U.S. to buy ‘essential’ drugs from American companies

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U.S. President Donald Trump addresses a coronavirus disease (COVID-19) pandemic briefing in the Brady Press Briefing Room of the White House in Washington, U.S., August 5, 2020.

Joshua Roberts | Reuters

President Donald Trump will sign an executive order requiring the U.S. government to buy “essential” drugs from American companies, White House trade advisor Peter Navarro announced Thursday.

The president is expected to sign the order during his trip in Ohio later Thursday, Navarro told reporters on a conference call. “If we’ve learned anything from the China virus pandemic, it is that we are dangerously over-dependent on foreign nations for

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