Legal teams are moving invoice data beyond review and approval and using it to shape decisions, rate negotiations, benchmarking and risk analysis, said panelists at CLOC Global Institute in Chicago.

The former head of Toronto advertising agency Echo Advertising & Marketing Inc. told a Toronto court Thursday it was not uncommon for his firm to move large invoices for clients such as Livent Inc.

The Fibi acquisition is seen as a key element in the firm's plans to provide suppliers with access to accelerated invoice settlement on a transparent and simple to execute basis. The banking license ...