Perceptive Software Named Leader in Number of Employees Certified through The Institute of Financial Operations

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Company sees certification as evidence of commitment to financial operations professions including accounts payable

With more than 40 candidates passing the certification exam in the fall window, Perceptive Software now employs more people with professional CAPP and CAPA designations from The Institute of Financial Operations than any other company or organization.

The software company, which has been part of Lexmark since being acquired in 2010, currently counts more than 80 employees who have passed the stringent exam to become designated as a Certified Accounts Payable Professional (CAPP) or Certified Accounts Payable Associate (CAPA).

“This achievement is especially remarkable because the typical pass rate for individuals taking the exam is about 65 percent,” said Ken Brown, CEO of the IFO. “Our experts, volunteers, and staff work hard to make sure the exam stays challenging year after year so it really means something when you pass it and get that professional designation. Those four letters after your name can open some doors.”

Most of the Perceptive Software certificants are sales professionals who work with solutions designed to make accounts payable operations more efficient.

“It’s important for us as a company to show our commitment to the people and companies we serve by thoroughly understanding the challenges they face in their work every day,” said Charles Kaplan, head of international marketing for Perceptive Software. “Studying the CAPP and CAPA materials helps us gain greater knowledge of the entire accounts payable process and the way AP teams use technology. That way we can better assist our customers by getting to the heart of what they need.”

A nonprofit membership association, the IFO serves as the premier source of education, certification, and networking for professionals in accounts payable, accounts receivable, and the related fields of information management and data capture. As many as 200 AP professionals sit for the exam for each of the annual testing windows, which are held in the spring and fall.

The CAPA is for specialists in AP or related fields who perform operational functions without supervisory responsibilities, and the CAPP is for professionals in AP or related fields who hold supervisory or managerial positions. Once certified, they can use the CAPP and CAPA designations after their names and are required to maintain their status by acquiring continuing education credits every two years.

For information about CAPP and CAPA certification, visit http://www.financialops.org/certification.

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