Local presence key as SCF enters complex countries

SCF can provide essential finance for supporting the growth of companies in “complex countries”, argue panellists at SCF Forum Europe. Chantal Joosse, business development director, strategic partnerships – Stenn International, Steven van der Hooft, CEO – Capital Chains, Avarina Miller, director, working capital solutions – Demica and Alejandra Alcalde, head of SCF global sales, BBVA all agreed that while entering developing markets or complex countries can be challenging, there are some exciti

Moody's raises questions about SCF disclosure

Greater clarity from regulators and increased disclosure by companies is needed in order to prevent misuse of SCF by firms such as UK construction firm Carillion, insists the associate managing director at Moody’s, William Coley, speaking at the SCF Forum Europe. The treatment of reverse factoring on balance sheets has been contentious and there have been fears that the product could be abused by unscrupulous firms. Coley says that this is an issue of mismanagement, rather than a problem with t

Organisations are still falling short on staff mental health

Despite progress on policies, a poll reveals businesses still have a long way to go to improve the mental health and well-being of their employees. Conversations around mental health provisions are more common than ever before. We’re increasingly told that stigma surrounding illness is breaking down and everyone from company CEOs, celebrities and even royalty have gone on record to speak of their personal issues—something that would have been unthinkable even a decade ago.

Daimler Trucks partners with blockchain firm Filament

Daimler Trucks North America (DTNA) has announced a partnership with Filament, a blockchain-based tech provider for the Internet of Things (IoT). The partnership is centered on the desire to develop a peer-to-peer platform which allows DTNA to use blockchain technology to improve its remanufactured components service. This part of the business involves rebuilding truck components from a combination of reused, repaired and new components. It allows for the repair of worn out or obsolete parts. T
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