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J.P. Morgan, Marsh Risk Consulting, Trintech Group, BrightScope

By staff Writer | Updated on August 04, 2009

J.P. Morgan’s Total Settlement simplifies companies’ payment of supplier invoices and can help them advance toward complete automation of the order-to-pay process, the bank says. Automated Clearing House data on paper check, wire and commercial card payments are consolidated in a single file. A self-service Web portal that suppliers can use to access payment status information and remittance details is another feature. Total Settlement can help companies streamline their payment processing by connecting with the more than 75,000 companies that belong to the J.P. Morgan Business Settlement Network,

Marsh Risk Consulting, a subsidiary of insurance brokerage Marsh, is offering companies a way to assess the financial viability of their customers and suppliers by evaluating them on their net asset value. Businesses can select a range of financial measures on which to evaluate their customers or vendors, and they can combine this product with other services provided by Marsh, including supply chain diagnostics and risk transfer solutions.

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