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The Institute of Finance and Management (IOFM) Acquires The Accounts Payable Network (TAPN) and The Accounts Receivable Network (TARN)
  • USA - English


News provided by

Diversified Business Communications

Dec 09, 2013, 13:40 ET

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Institute of Finance & Management
Institute of Finance & Management

Portland, ME (PRWEB) December 09, 2013 -- The Institute of Finance & Management (IOFM), the fastest-growing provider of events, peer networks, training, certification, information tools and resources for financial-operations professionals announced today that it has acquired both The Accounts Payable Network (TAPN) and The Accounts Receivable Network (TARN) from Financial Operations Networks, LLC. IOFM is part of Diversified Communications, a family-owned international media company with a 64-year history.

This merger is really an example of 1+1=3. The combined organizations will translate to substantially more resources and benefits for our members.

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By combining the resources of IOFM, TAPN and TARN members will now have unprecedented access to tools, compliance information, benchmarks and metrics to help them be more successful in their field. "This merger is really an example of 1+1=3," says RD Whitney, Executive Director of IOFM. "The combined organizations will translate to substantially more resources and benefits for our members."

As a result of this acquisition, IOFM is the leading organization providing specific training and certification programs for Accounts Payable and Accounts Receivable Professionals and Controllers. "The newly combined certification and training programs create standards of excellence for aspiring and experienced financial-operations professionals," says Phil Binkow, founder of TAPN and TARN. "This acquisition helps professionals advance their careers, and helps their organizations improve financial-operations processes – a true win-win."

In addition to virtual education and training, IOFM hosts leading industry conferences dedicated to AP, AR and Controllers. The expanded organization will produce five events in 2014 to facilitate education and networking in financial operations including: Accounts Payable Expo East and West, the Controllers Conference & Expo, The AP & P2P Leadership Conference, and the Payments Summit, a new conference designed to help professionals maximize their organization's payments processes.

IOFM also hosts the exclusive Senior Accounts Payable Leadership Network, a peer-based network consisting of companies with $1 billion + in annual revenue, which provides insight, best practices and proprietary research through private, in-person meetings.

With a rapidly growing "must-have" membership, and a keen understanding of the issues and content of most importance to the profession, IOFM is the trusted source of information in the rapidly evolving field of financial operations.

About Diversified and IOFM: Diversified Communications, based in Portland, Maine, USA provides information and market access through face-to-face events, publications and online communities, products and services. Diversified serves a number of industries including business management. Diversified operates divisions in Australia, Hong Kong, India, the UK and Canada. For more information, visit: http://www.divcom.com

The Institute of Finance & Management (IOFM) is a business unit within Diversified Communications and is the leading source of events, peer networks, training, certification, information tools and resources for financial-operations professionals. For more information, visit: http://www.iofm.com

RD Whitney, Diversified Business Communications, +1 (207) 842-5601, [email protected]

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