Most organizations have an AR or O2C department, but they often operate under the radar – especially if they are successful, because their processes are seamless
Portland, ME (PRWEB) January 18, 2016
The AR Network (TARN) announces its first annual AR & O2C Spotlight Awards. The awards are an expansion of the Institute of Finance and Management’s (IOFM) Spotlight Awards, developed to recognize noteworthy achievements and outstanding efforts in financial operations. The awards will be announced at the 2016 Accounts Receivable and Order-to-Cash Conference, taking place May 24-26 in Orlando, Florida.
A total of four awards are open for nomination until March 1, 2016: AR Manager of the Year; AR Department of the Year; O2C Manager of the Year; and O2C Department of the Year. Nominations may be submitted by any person who wishes to recognize an AR or Order-to-Cash leader believed to demonstrate outstanding and inspirational leadership, or an AR or Order-to-Cash Department that has gone above and beyond to improve processes and implement best practices.
“AR and O2C are the lifeline of any organization, yet often go under-recognized,” said Brian Cuthbert, Executive Director of IOFM. “Most organizations have an AR or O2C department, but they often operate under the radar – especially if they are successful, because their processes are seamless. What many of their coworkers do not realize is that an enormous amount of effort goes into keeping these processes so streamlined. It takes an innovative individual or group of minds to really make them work. It’s time for those individuals and departments to be recognized for their efforts,” he added.
Nomination guidelines define a qualifying AR or O2C Manager as one who demonstrates excellent leadership skills, makes significant positive changes to their department, and brings to life new technologies that incur significant operational savings. Likewise, a qualifying AR or O2C department demonstrates excellent customer service, successfully streamlines processes and new technologies, and has recently cut costs with better cash management and reduced DSO.
Winners and selected finalists will be recognized at an awards luncheon on Thursday, May 26, 2016, during the final day of IOFM’s AR & O2C Conference, May 24-26 at Disney’s Contemporary Resort, Lake Buena Vista, Florida. Qualifying managers and departments are encouraged to nominate themselves. Experts from The AR Network and IOFM will review submissions and select award winners. For more information, go to http://www.iofm.com/ar-conference/iofm-spotlight-awards/.
For more information about the 2016 Accounts Receivable & Order-to-Cash Conference, contact The AR Network at 207-842-5557 or go to http://www.iofm.com/ar-conference.
About The Accounts Receivable Network (TARN)
The AR Network (TARN) is the leading provider of training, education and certification programs specifically for Accounts Receivable, Order-to-Cash, Global and Shared Services professionals.
Membership to the AR Network (http://www.tarn.com) provides comprehensive tools and resources to financial operations professionals who manage or are deeply involved in the Accounts Receivable and Order-to-Cash process.
Topics include Accounts Receivable and Order-to-Cash Policies, Managing Customer Information, Process Automation Technologies, AR Compliance (Sales & Use Tax, Canadian Tax, Sarbanes-Oxley, Escheatment, Government Restriction Lists and Uniform Commercial Code), and Accounts Receivable and Order-to-Cash management issues.
A membership to The AR Network provides tangible ROI to any organization – saving your organization time and money.
Nearly 10,000 professionals have been certified as an Accredited Receivables Specialist or Manager (available in English, Simple Chinese and Spanish) through The AR Network and its parent company, the Institute of Finance & Management.
The AR Network also hosts the annual Accounts Receivable & Order-to-Cash conference, designed to facilitate education and peer networking.
The AR Network is produced by the Institute of Finance and Management (IOFM), which is the leading organization providing training, education and certification programs specifically for professionals in Accounts Payable, Procure-to-Pay, Accounts Receivable, and Order-to-Cash, as well as key tax and compliance resources for Global and Shared Services professionals, Controllers and their F&A teams. With a universe of over 100,000 financial operations professionals, IOFM is the trusted source of information in the rapidly evolving field of financial operations.