IOFM Announces Inaugural Payments

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Payments in Transition to cover best practices in payments processing and clearing

The Institute of Finance & Management (IOFM), the leading source of information tools and resources for financial professionals, today announced that the organization will hold a payments summit, September 25-27, at the Paris Las Vegas Hotel & Casino. The event will cover best practices for payments distribution, processing and clearing.

IOFM’s Payments in Transition will examine the opportunities, challenges and business drivers for emerging payments automation technologies and processes. Through interactive panel discussions, end-user case study presentations, and visionary keynote addresses, attendees will learn best practices for remittance and lockbox processing, Automated Clearing House, remote payments capture, integrated receivables, mobile payments, cards, exceptions management, and outsourcing.

Payments in Transition is especially designed for mid- to senior-level managers and strategists involved with payment processing operations, treasury and cash management, accounts receivable or accounts payable. Attendees and presenters will include representatives from prominent corporate and government billers, financial institutions, third-party processors, and technology providers.

Mark Brousseau, president of Brousseau & Associates will serve as executive director of the event.

“Payments in Transition fills a gap in the market for a forum to discuss best practices for managing the increasingly complex mix of payment instruments and channels,” said IOFM CEO RD Whitney. “The event will provide payments strategists and operations managers with actionable ideas for selecting, deploying and managing emerging payments solutions in a hybrid environment. Payments in Transition also is a strong complement to our fast-growing accounts payable events.”

“The migration from paper to electronic payment instruments and channels creates new opportunities for reducing costs, improving efficiency, and enhancing service,” Brousseau stated. “But it also introduces new operations and systems challenges, as well as the potential for more fraud and risk.”

Sessions will help attendees maximize their organization’s payments infrastructure and processes, regardless of their size, vertical industry or progress in migrating from paper to electronic.

About IOFM

The Institute of Finance & Management (IOFM) is the leading source of events, peer networks, training/certification, information tools and resources for Controllers, Accounts Payable, Payments and Corporate Foundation professionals.

IOFM runs the Senior Accounts Payable Leadership Network and the Corporate Foundation Executive Leadership Network - two peer-based networks providing insight, best practices and proprietary research through private, in-person meetings.

IOFM also hosts the largest dedicated Accounts Payable events in the country, including the Accounts Payable Conference & Expo (@AP_Expo) taking place in the Spring (4/10-4/12 in Washington, D.C.) and Fall (10/21-10/23 in Las Vegas) bringing together over 650 AP professionals combined. IOFM also hosts the Payments in Transition Summit, September 25-27 in Las Vegas and is launching the Controllers Conference & Expo in Q1 of 2014.

With a rapidly growing membership, and a keen understanding of the issues and content of the most importance to finance professionals, IOFM is your partner to help improve your departments’ performance, and advance your career. For more information, visit or e-mail RD.Whitney(at)IOFM(dot)com.

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Brian Cuthbert
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