Treasury Tools

Approva, a Reston, Va.-based software vendor, has launched Approva One, a continuous controls monitoring suite. The company says the solution can help companies lower their audit expenses and cut operational costs, and cites the fact that Approva One involves just one platform that can monitor controls involving the finance, audit and IT units.

Bank of America Merrill Lynch and IdenTrust say they will work together to provide an electronic bank account management (eBam) system for B of A's corporate customers. The bank says IdenTrust's Trust Prime eBam system will let companies open, close or modify accounts online, which it said should cut costs and increase transparency.


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