(11 October 2005 – Europe) Dutch giant ABN Amro has rolled out a new global internet platform for its corporate clients to help them better manage their working capital.Called Access Online, the new system will allow corporate customers to monitor all payments and daily transactions including FX transactions, deposits and cash management.
ABN Amro said it expected some 5000 international companies to start using the new platform within the next 18 months.
“As Access Online provides opportunities to lower costs and to improve margins, it gives companies a major competitive advantage,” the bank said.
“Large international corporations holding positions in different countries and in different currencies will benefit from its speed and ease of use.”