The Institute of Financial Operations Welcomes Direct Commerce as a 2014 Silver Partner

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Membership organization adds preferred P2P vendor for the Fortune 1000 to its list of valued partners.

Direct Commerce has a reputation for deploying reliable, intuitive solutions on time that yield a rapid ROI — all of which are important to The Institute of Financial Operations' member population.

The Institute of Financial Operations is proud to announce that Direct Commerce, a provider of configurable procure-to-pay solutions, has established a silver partnership for 2014. Direct Commerce products include eInvoicing, workflow, discount management, and dispute resolution among its broad offering.

The Institute offers partnerships to sponsors that are committed to the membership association’s core financial operations disciplines, which include accounts payable, accounts receivable, information management, and data capture.

“We are excited to add Direct Commerce to our impressive roster of partners,” said Michael Mallon, chairman of the IFO Board of Directors. “The company has a reputation for deploying reliable, intuitive solutions on time that yield a rapid ROI — all of which are important to The Institute’s member population.”

Since coming on to the market in 2000, Direct Commerce has been able to build successful relationships with some of the biggest names in business and industry. In addition to a full suite of secure, Web-hosted procure-to-pay technology solutions, the company also offers comprehensive project implementation, supplier enablement, customer care, and technical support services.

“Direct Commerce's mission is to provide easy-to-use tools that transform financial transactions from paper-based processes to a fully electronic interchange,” states Bruce Hanavan, founder and president. “Our superior product functionality, rapid go-live process, and friendly post-sales support make us the first choice for Fortune 1000 clients worldwide.”

About The Institute of Financial Operations

The Institute of Financial Operations is a membership-based professional association serving the entire financial operations ecosystem, with a particular focus on the accounts payable and accounts receivable disciplines and the related fields of information management and data capture. The Institute grew out of the merger of four associations: International Accounts Payable Professionals (IAPP), International Accounts Receivable Professionals (IARP), the National Association of Purchasing and Payables (NAPP), and The Association for Work Process Improvement (TAWPI).

Based in Orlando, Fla., with affiliates in the U.S., Canada, and the UK, The Institute serves as a global voice, chief advocate, recognized authority, acknowledged leader, and principal educator for people in financial operations. The Institute has a community of nearly 70,000, which includes 9,000 members and customers, and an additional 61,000 financial operations professionals.

The Institute's members have access to benefits and leading-edge resources such as the award-winning Financial Ops magazine, a dynamic content-rich website, educational and networking events, online educational offerings, certification and certificate programs, career resources, and volunteer opportunities.

About Direct Commerce

Direct Commerce (DCI) offers procure-to-pay product solutions that include electronic invoicing, discount management, dispute resolution, workflow, and more over a secure Web-hosted supplier portal. Direct Commerce solutions are easy-to-use, configurable, and deliver bottom-line savings. Founded in 2000 and a leader in the procure-to-pay automation solutions, Direct Commerce supports thousands of suppliers submitting hundreds of thousands of electronic invoices adding up to billions of dollars per year in transaction volume. For more information, visit

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