The Institute of Finance & Management (IOFM) Announces Payments Summit Conference Agenda

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Program will spotlight the latest innovations in lockbox operations and electronic payments

Payments Summit:

Payments Summit 2015 will be held in Chicago, June 17-19.

The Payments Summit is a great way for leaders in the payments and AR fields to get both a high level overview of the latest developments and in-depth training on the topics most relevant to their organization.

The Institute of Finance & Management (IOFM), the leading source of information, tools and resources for financial professionals, has released the agenda for its 2015 Payments Summit, which will take place June 17-19 at Fairmont Chicago Millennium Park. The agenda includes panels, roundtable discussions and case study presentations led by representatives of top organizations.

The Payments Summit is a networking and educational event designed to bring together mid- to senior-level professionals involved with payment processing operations, treasury and cash management, and accounts receivable for focused education and the peer-to-peer exchange of ideas and best practices.

The Summit will open on Wednesday, June 17, with an optional Accounts Receivable Certification Training program. This program will outline current best practices in various areas including order processing, credit management and billing. Registration for this supplementary educational event is available on the Payments Summit website.

The general program opens on Thursday morning with an expert panel titled The State of Payments. After the initial general session, the program will be divided into three concurrent tracks, giving attendees up to three choices for any time slot.

The State of Payments will be the first of eight panels schedule for the conference, most to be moderated by Mark Brousseau of Brousseau & Associates, a recognized leader in the payments and accounts receivable industry. Subsequent panels will cover topics including lessons learned in payments automation, trends in healthcare payments automation, innovative technology for lockbox growth, the future of remittance and lockbox automation, the changing role of banks in payments and receivables, what’s next in electronic payments, and the little-known pitfalls of outsourcing.

Other sessions will be delivered in case study or traditional presentation formats. Attendees will hear case studies from major companies like Consolidated Edison (ConEd), whose Director of Treasury Operations Frank D’Amadeo will share on Tuesday how the New York-based utility provider drastically improved its lockbox productivity without changing platforms. Other notable case studies will be presented by representatives from Iberia Bank, MetaSource, Boys Town, and Pinnacle Financial Partners.

Instructional presentations on the agenda will cover how healthcare providers can maximize back office efficiency and cash flow while overcoming automation challenges, what AR professionals should know about integrated receivables, trends in electronic payments and lockbox processing, steps you can take to prevent a credit card data breach, why Apple Pay is succeeding where others failed, and important policy updates from the Federal Reserve.

“With the rapid pace of change in payment processing and automation, businesses that are able to keep up with the trends and understand where they fit in will have an advantage in the coming years,” said Brian Cuthbert, Executive Director of IOFM. “The Payments Summit is a great way for leaders in the payments and AR fields to get both a high level overview of the latest developments and in-depth training on the topics most relevant to their organization — so they can not only know about the trends and opportunities out there, but also acquire the tools to apply them back at work.”

Networking opportunities are scheduled between presentations, during which the hundreds of expected attendees will have time to connect with their peers, enjoy refreshments, and learn about emerging systems and products from the wide range of vendors on site at the Exhibit Hall.

For general information on the conference, or to view the full agenda, visit the Payments Summit website at

About IOFM:
The Institute of Finance & Management (IOFM) is the leading source and largest provider of tools, resources, research, training, certification programs, and events in the rapidly evolving field of financial operations. IOFM runs three membership networks: The Accounts Payable Network (TAPN), The Accounts Receivable Network (TARN), and The Controller's Network (TCN). Membership helps professionals advance their careers and organizations improve their processes through access to proprietary information, best practices, and expert insights. IOFM is a business unit within Diversified Communications, a global organization operating on four continents and a major independent producer of events and media worldwide.

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