IOFM Announces Lifetime Excellence Award Recipient

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Tom Nichols, retired Accounts Payable leader and co-founder and first president of IAPP, to be recognized

The Lifetime Excellence Award will be presented to Tom Nichols at the Accounts Payable and Procure to Pay Conference & Expo in Walt Disney World, Florida on Wednesday, May 20th.

The Lifetime Excellence Award will be presented to Tom Nichols at the Accounts Payable and Procure to Pay Conference & Expo in Walt Disney World, Florida on Wednesday, May 20th.

Tom has been a selfless and powerful advocate of advancing the practice and perception of Accounts Payable for years.

The Institute of Finance & Management (IOFM) will honor Tom Nichols with a Lifetime Excellence Award during a ceremony on Wednesday, May 20th at its Accounts Payable & Procure to Pay Conference & Expo at Disney’s Yacht & Beach Club Resorts in Walt Disney World Resort, Florida.

Starting in 2016, the Lifetime Excellence Award will be renamed the Tom Nichols Excellence Award, and will be presented to a deserving recipient at IOFM’s Spring Accounts Payable & Procure to Pay Conference annually.

“We’re very pleased to honor Tom and give him the accolades he so rightfully deserves,” said Brian Cuthbert, Executive Director of IOFM. “Tom has been a selfless and powerful advocate of advancing the practice and perception of Accounts Payable for years.

“He was part of the core team that developed our AP certification program, now the largest and most well-respected Accounts Payable certification program in the world.”

Tom Nichols was co-founder and is past president of the International Accounts Payable Professionals Inc. (IAPP), and charter board member of The Accounts Payable Network. Tom is former director of financial operations for AT&T's corporate accounts payable and payroll management. Tom was with AT&T for 35 years and is highly experienced in financial operations, procurement, information technology, manufacturing and materials management. He pioneered the introduction of electronic invoicing and ordering for accounts payable and purchasing within AT&T.

“The award is very nice – but I was never a one-man show, I had plenty of help from those around me,” said Nichols. “I was pleased to be informed that many deserving people coming after me will be recognized for excellence, since this will now be awarded on an annual basis.”

About The AP Network
The AP Network is the largest global community for Accounts Payable, Procure-to-Pay and Financial Shared Services practitioners. TAPN advances the profession and supports its members’ success by sharing best practices, tools, and expertise and by fostering peer-to-peer engagement.

About the Institute of Finance and Management (IOFM)
The AP Network is one of three membership networks within the Institute of Finance and Management (IOFM). IOFM oversees five certification programs which have trained more than 15,000 financial operations professionals worldwide. IOFM’s three membership networks (The AP Network, The AR Network and The Controllers Network) feature industry research, benchmarking data, metrics, case studies, tools and other critical compliance resources. The Institute also produces on-demand e-learning resources and industry-leading conferences dedicated to AP, AR and Controllers. With growing certification and membership programs and a keen understanding of the issues and content critical to the profession, IOFM is the trusted source of information in the rapidly evolving field of financial operations.

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Lucy Sullivan

Brian Cuthbert
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