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The book-to-bill (B-to-B) ratio is the demand-to-supply ratio for orders on a firm's "book" to number of orders processed and billed. A simpler explanation is orders/orders filled (or billed).
If you just ordered a sweater from your favorite
online store, your purchase gets tacked onto the "book" side of the book-to-bill ratio. If you have the bill in your hands,
then your transaction is now added the second "b" of the ratio.
If the company has more orders than it can deliver,
the B-to-B ratio is greater than one. The higher this number is, the higher the backlog of orders that need to be filled/delivered.
If everything is just right and supply is keeping pace equal to demand, the ratio is equal to one. And if it¿s less than one, then the company is hoping orders get a kickstart in order to get some of the dusty inventory off the shelves.
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Tuesday, August 05, 2008
Banque Centrale Populaire Consolidates Activity Abroad With New Trade Finance Solutions From Misys
Comtex
LONDON, August 5, 2008 /PRNewswire-FirstCall via COMTEX/ ----Banque Centrale Populaire (BCP), one of the largest banks in Morocco, has strengthened its trade finance offer to corporates with the new trade finance solutions from Misys, the global application software and services company.
The extension of the longstanding partnership with Misys has allowed Banque Centrale Populaire to introduce the latest version of Misys Trade Innovation and benefit from the front-office award-winning solution Misys Trade Portal. The integrated solution allows the Bank to expand its foreign trade financing operations effectively and provide better products and services to its customers.
Through the deal, BCP enriches its offer by giving businesses access to a new range of services through Misys Trade Portal. In implementing the solution online, the bank enables importers and exporters to connect seamlessly with its platform, by providing better control and better visibility on international commercial transactions. In addition, it will consolidate back-office operations with the improved version of Misys Trade Innovation.
Olivier Berthier, Head of Product Management, Misys Trade Services, adds, "We are delighted to be able to extend our relationship with BCP in Morocco, which is building up its trade finance business to cater for increased volumes and demands from its customers. With our support the bank will be able to maintain its position at the front of the regional trade finance industry and expand rapidly into new markets."
Misys Trade Services provides more than 190 customers with solutions for all their trade finance needs, making it the world's best-selling trade finance system provider.
About Misys plc
Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions that deliver significant results to organisations in the financial services and healthcare industries. We maximise value for our customers by combining our deep knowledge of their business with our commitment to their success.
In banking and treasury & capital markets, Misys is a market leader, with over 1,200 customers, including all of the world's top 50 banks. In healthcare, Misys is a market leader, serving more than 110,000 physicians in 18,000 practice locations and 600 home care providers. Misys employs around 4,500 people who serve customers in more than 120 countries.
We aspire to be the world's best application software and services company, delivering results for the most important industries in the world.
Misys: experience, solutions, results Contact us today, visit: http://www.misys.com For further information please contact Edward Taylor Global Head of Public Relations Misys Banking +44(0)20-3320-5530 edward.taylor@misys.com Sebastian Mathews Financial Dynamics +44(0)207-269-7158 sebastian.mathews@fd.com
SOURCE Misys plc
Copyright (C) 2008 PR Newswire. All rights reserved
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