Institute of Financial Operations Names 25 Most Influential People Setting Global Trends in Cash Management

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Public officials, banking executives, technology innovators, visionaries, academicians, and thought leaders whose work supports the professions of accounts payable, accounts receivable, and other financial operations were on the first-ever list released today during Fusion 2011, the annual conference and trade show of the Institute of Financial Operations at the Gaylord Palms Hotel & Convention Center near Orlando. The Institute created the recognition to honor people whose contributions have furthered the professions that fall under the umbrella of the association and its affiliate organizations: International Accounts Payable Professionals (IAPP), International Accounts Receivable Professionals (IARP), the National Association of Purchasing & Payables (NAPP), and The Association for Work Process Improvement (TAWPI).

These are the people who are driving our industry in the short term and medium term, and identifying leading-edge solutions our professionals need to put into action.

Public officials, banking executives, technology innovators, visionaries, academicians, and thought leaders made the first-ever list of the 25 Most Influential Financial Operations Professionals, released today during Fusion 2011, an annual conference and trade show at the Gaylord Palms Hotel & Convention Center near Orlando.

The Institute of Financial Operations created the recognition to honor people whose contributions have furthered the professions that fall under the umbrella of the association and its affiliate organizations: International Accounts Payable Professionals (IAPP), International Accounts Receivable Professionals (IARP), the National Association of Purchasing & Payables (NAPP), and The Association for Work Process Improvement (TAWPI).

The new Institute is the standard-setting body and primary resource for professionals in all disciplines of financial operations and at all levels, from the CFO through the ranks of accounts payable, accounts receivable, payments, document automation, and procure-to-pay.

“As our organization has moved into the broad spectrum of financial operations, it’s time to recognize leaders in our industry,” said Thomas M. Bohn, president and CEO of the Institute. “These are the people who are driving our industry in the short term and medium term, and identifying leading-edge solutions our professionals need to put into action.”

Those named as the 25 Most Influential were notified by e-mail this week. They were nominated for their current work as catalysts for broad change through challenging traditional business models, creating groundbreaking automated solutions, defining fundamental market shifts, achieving entrepreneurial success, and embracing the changes and technological promise of the emerging financial operations landscape.

The list, by category, includes:

Rulemaking Bodies / Regulators
o    Luc Meurant – SWIFT
o    Dick Durbin – U.S. Senator

Banks
o    Dan Marovitz – Deutsche Bank
o    Al Briand – Bank of New York Mellon
o    Jim Graham – PNC
o    Cindy Murray – Bank of America
o    Paul Simpson – Bank of America
o    Lew Fisher – JPMorgan
o    Steve Ellis – Wells Fargo / Bank of America

Technology Companies
o    Nadilee Russel – Intuit
o    Chaitanya M. Kamat – CEO of Oracle Financial Software Services
o    Jamie Nunez – 3i Infotech
o    Flint Lane – CEO, Billtrust
o    Reynolds Bish – CEO, Kofax
o    Gary Cawthorne – CEO, Wausau
o    Danne Buchanan – BankServ

End Users
o    Bernetta Williams – FedEx
o    Dennis Sweeney – General Electric
o    Larry Brang – Merck
o    Jayson Roy – Winn Dixie Stores, Inc

“Big Picture” Innovators
o    Steve Jobs – Apple
o    Scott Thompson, president – PayPal
o    William H. Glenn – President, Global Merchant Services - American Express

Academics
o    Tom Nist – Duquesne University

Thought Leaders
o    Romil Bahl - PRGX

The names will be published in the July-August 2011 issue of the Institute’s magazine, Financial Operations Matters. For additional information, visit http://www.FinancialOps.org.

About The Institute of Financial Operations

The Institute of Financial Operations is a membership association comprising four affiliates: International Accounts Payable Professionals (IAPP), International Accounts Receivable Professionals (IARP), the National Association of Purchasing & Payables (NAPP), and The Association for Work Process Improvement (TAWPI).

Based in Orlando, Fla., with offices in Boston, New York, and London, the Institute serves as a global voice, chief advocate, recognized authority, acknowledged leader, and principal educator for people in financial operations, with a particular focus on accounts payable, accounts receivable and payments, automation, data capture and document management, and procure-to-pay. Combined, the affiliates have more than 6,000 members.

Under the Institute, the affiliates share one board of directors, one staff, and a single portfolio of member benefits available to all, including Financial Operations Matters magazine and a new website scheduled to launch in late 2011. Each affiliate maintains its own brand, events, career resources, volunteer opportunities, online tools and other leading-edge resources, and educational offerings including e-learning and certification.

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