Archive for the ‘Finance Market’ Category

Kent Reed Attends Murphy Business & Financial Corporation’s Annual Educational Conference and Business Broker Certification Through IBBA

July 25th, 2011

Kent Reed Attends Murphy Business & Financial Corporation’s Annual Educational Conference and Business Broker Certification Through IBBA











Murphy Business & Financial Corp Educational Conference in St. Petersburg Florida


Atlanta, GA (PRWEB) May 26, 2011

Business Brokers from Atlanta, Georgia and all across the country arrived last week in St. Petersburg, Florida to attend advanced continuing educational classes offered by the International Business Brokers Association (IBBA). The event was hosted by Murphy Business & Financial Corporation and is part of their annual conference for its members.

The IBBA educational classes included “Managing the Due Diligence Process”, “Understanding Financials” and “Understanding Tax Returns”.

Atlanta Business Broker Kent Reed attended all of the advanced level classes as well as the Murphy Business & Financial Corporation Educational Conference that included guest speakers from around the world. The 5 day event was attended by hundreds of Business Brokers and it part of Murphy Business & Financial Corporation’s commitment to educating and retaining the best business brokers in North America.

Kent Reed is President of the North Atlanta office of Murphy Business & Financial Corporation. Murphy Business and Financial Corp is one of the largest and most successful business brokerage firms in North America with business brokers conveniently located throughout the United States and Canada. MBFC specializes in businesses for sale, franchises, business valuations, and commercial real estate.

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Trintech Enables BrightHouse to Achieve Process Efficiency by Implementing Unity ReconNET

July 24th, 2011

Trintech Enables BrightHouse to Achieve Process Efficiency by Implementing Unity ReconNET











Trintech’s Unity ReconNET


London, UK / Dallas, TX / Dublin, Ireland (PRWEB) July 18, 2011

Trintech, a leading global provider of integrated software solutions for the Last Mile of Finance, is pleased to announce that BrightHouse has selected Trintech’s ReconNET solution to improve its operational reconciliation process efficiency. ReconNET is a component of Trintech’s Unity platform, a suite of modular software that empowers companies to automate their Last Mile of Finance to increase efficiency, improve visibility, shorten cycle times, lower costs, and reduce risk.

“ReconNET allows BrightHouse to manage the reconciliations for the high volumes of transactions that we have coming from over 230 stores throughout the UK that need to be reconciled with our GL system” said Karen Maher, Cash & Treasury Manager, BrightHouse. “At BrightHouse we offer customers a variety of payment methods to suit their needs. This results in complex reconciliations and we required a robust, easy to administer solution that could scale to match our ambitious growth plans for this year.”

BrightHouse selected Trintech’s Unity ReconNET solution to manage complex reconciliations and to improve efficiencies through automation. The Unity ReconNET solution enables the company to:


    Deliver very high match rates
    Enable finance to control all the administration and rules of the solution
    Remove significant levels of manual work from the daily reconciliations
    Allocate cash faster
    Provide real-time visibility of reconciled and unreconciled items across multiple data sources
    Facilitate easier compliance with the internal policies and procedures for cash management
    Detect, flag and resolve issues and exceptions early in the process using rules based workflow
    Detect potential fraud as well as training gaps quickly
    Create capacity in the finance team so that they can focus on the high value exception tasks

“BrightHouse joins Trintech’s growing client base proving the power of Trintech’s technology to deliver ROI and efficiencies for core finance processes that are not supported by most GL and ERP solutions today. The adoption of the solution turns an inefficient manual exercise into an automated, daily, controlled and enhanced process” said Tony Bethell, Trintech Vice President, EMEA.

BrightHouse is the leading UK rent-to-own company, who provides quality branded household goods to customers on affordable weekly payments through over 230 retail stores nationwide. The BrightHouse proposition allows customers access to the goods they need to furnish their homes – with no deposit, weekly payments and peace of mind, through complete servicing and right of return.For more on BrightHouse, go to: http://www.brighthousegroup.co.uk.

About Trintech:

Trintech is the leading global provider of integrated software solutions for the Last Mile of Finance. From the time a transaction occurs to the time financial statements are issued, Trintech’s innovative Unity Suite automates data collection, account reconciliation, financial close management, financial reporting, XBRL, and financial control testing. As a result, our 600 clients and 100,000 users worldwide benefit from an enterprise wide view into critical financial processes, and are able to increase efficiency, improve visibility, shorten cycle times, lower costs, and reduce risk.

Trintech clients include 50% of the Fortune 50 and nearly 25% of the Fortune 500 representing retailers, manufacturers, financial institutions and healthcare providers globally. Trintech clients include Intel, Google, Microsoft, RR Donnelley, Regis Corporation, Walmart, O2, Blackstone, BAE Systems, Skype, HSBC and Toyota Financial Services.

For more information on how Trintech can help you transform your Last Mile of Finance, please contact us online at http://www.trintech.com. Follow Trintech on Twitter: @TrintechInc

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







Fitch Downgrades Lynwood Public Financing Authority CA’s Lease Revs to ‘BBB+’; Outlook Stable

July 19th, 2011

Fitch Downgrades Lynwood Public Financing Authority CA’s Lease Revs to ‘BBB+’; Outlook Stable
SAN FRANCISCO–(BUSINESS WIRE)–In the process of routine surveillance, Fitch Ratings has downgraded Lynwood Public Finance Authority, California’s bonds as follows: –$ 5.7 million lease revenue refunding bonds (public capital improvement project), series 2003A to ‘BBB+’ from ‘A’;–$ 9 million lease revenue bonds (civic center improvement project), series 2010A to ‘BBB+’ from ‘A’. Additionally …
Read more on Business Wire

Gordhan: 4 years for tax take to recover
It will take three to four years for South Africa’s tax revenue to recover from the impact of a 2009 recession, Finance Minister Pravin Gordhan said on Tuesday.
Read more on Pretoria News

Brokers bullish on BTL

July 18th, 2011

Brokers bullish on BTL
Half of mortgage intermediaries reported that buy-to-let applications increased during the second quarter, research by Paragon Mortgages has revealed.
Read more on Mortgage Introducer

Merkel calls for European ratings agency
German chancellor Angela Merkel called Sunday for the creation of a European ratings agency, on the back of recent discontent over the downgrading of some EU economies.
Read more on AFP via Yahoo! News

Lastest Financial News

July 17th, 2011

Pa. offers M more in college student aid
Tuition may be on the rise, but Pennsylvania’s college students will soon receive additional help, thanks to $ 50 million that the Pennsylvania Higher Education Assistance Agency gave to supplement the state’s grant program.
Read more on Middletown Times Herald-Record

POST COVERAGE Foreclosure crisis
POST COVERAGE Foreclosure crisis
Read more on The Palm Beach Post

Fransciscan Hospital CEO fired
Boston’s Franciscan Hospital for Children has fired CEO Paul DellaRocco after 18 years for what its board called…
Read more on Boston Herald

Lastest Financial News

July 13th, 2011

Price rises on the way at Telecom Plus
LONDON (SHARECAST) – Utility services provider Telecom Plus has seen an organic growth spurt at the start of its financial year, but warned that it will soon have to fall in line with its competitors and hike prices.
Read more on ShareCast

Rubicon Technology, Inc. to Announce Second Quarter 2011 Earnings Results on August 4th, 2011
BENSENVILLE, Ill.–(BUSINESS WIRE)–Rubicon Technology, Inc. (Nasdaq:RBCN), a leading provider of sapphire substrates and products to the LED, Semiconductor, and Optical industries, will report financial results for the second quarter ended June 30, 2011 on Thursday, August 4th, 2011 after the market closes. In conjunction with the release, management will host a conference call at 4:00 p.m. CDT …
Read more on Business Wire

Lastest Financial News

July 12th, 2011

405 Project Contractor Has Incentive
The contractor responsible for tearing down the Sepulveda Pass bridge during Carmageddon will have a lot of financial incentive to finish the project on schedule, officials said.
Read more on NBC San Diego

As state eyes takeover, 5 reasons North Las Vegas is in financial trouble
Last week, state officials said they might have to take control of North Las Vegas’ finances. City officials acknowledged that if things continue the way they are, the city won’t be able to make payroll starting in October.
Read more on Las Vegas Sun

China to punish local officials for excessive debts: report

July 11th, 2011

China to punish local officials for excessive debts: report
BEIJING (Reuters) – China will link local officials’ performance appraisals to the level of debt held by local governments, state media reported Monday, an apparent move to cap borrowing and address worries that possible defaults could damage China’s economy.
Read more on Reuters via Yahoo! News

Asia Doubles Silicon Factories, Pursues Gain Through Glut as Prices Dive
Asia’s largest makers of silicon for solar panels are almost doubling their factory size this year just as surplus production sends prices tumbling for the main raw material for the $ 35 billion industry.
Read more on Bloomberg

Personal finance

July 9th, 2011

Personal finance
Facebook users who chat with friends and family on a keyboard will now get a lot more one-on-one face time.
Read more on The Salt Lake Tribune

MEMBER CENTER:
Arlington, VA – The Retail Industry Leaders Association (RILA) applauded Congressional action yesterday by the House Ways and Means Committee and Senate Finance Committee to approve the pending trade agreements with Colombia, Panama, and South Korea in mock markups of the draft implementing bills.
Read more on Journal of Commerce Online

Greek fiscal survival vital for euro zone: Finance Minister
ATHENS (Reuters) – Greece will stave off default not only for its own sake but because its survival is vital for the euro zone and the global economy, Greek Finance Minister Evangelos Venizelos told Reuters on Monday.
Read more on Reuters via Yahoo! News

Lastest Finance News

July 6th, 2011

Uganda: Study On Investments Launched
A study, which will assess the actual value of investments in the country and the jobs created, has been launched. Maria Kiwanuka, the finance, planning and economic development minister, kick-started “The Investors’ Survey 2011″ on Monday in Kampala.
Read more on AllAfrica.com

Old Money
In Boston, candidates for City Council have been filing monthly or bi-weekly campaign-finance reports since January, showing in great detail how much money they raised from whom and how it was spent. The data provide insight into the political game and ca
Read more on Baltimore City Paper

Obituaries today: Robert L. Bennett, 57, excelled at golf, tennis and paddleball
Robert L. Bennett , 57, of Mechanicsburg, Pa., passed away unexpectedly on Sunday, July 3, 2011 at home. He was the son of the late Allan and Ruth Fulton Bennett and the husband of Valeria L. Bennett. Bennett was a graduate of Fairleigh Dickinson University with a degree in finance.
Read more on The Patriot-News