SOURCE: Lavante

Lavante

December 09, 2009 14:05 ET

IAPP Announces Accounts Payables Recognition Week Winners

Lavante Sponsors Seventh Annual Contest

ORLANDO, FL--(Marketwire - December 9, 2009) - International Accounts Payable Professionals (IAPP) and Lavante today announced the winners of the 2009 IAPP Accounts Payable (AP) Recognition Week competition. Winners were selected from a record number of companies whose AP groups submitted entries for this year's contest.

IAPP's AP Recognition Week focuses attention on Accounts Payable professionals at companies across the United States and Canada. "As companies face budget cuts and downsizing, AP professionals are being forced to do more work with fewer resources," says IAPP executive director Tom Bohn. "This year's theme -- "Celebrating the Power of AP" -- tasked AP departments with illustrating, through essays, photos, and presentations, how they have been able to thrive in difficult times. This is a fun way to address a serious issue and it must have resonated because we received more submissions than ever this year."

This year's winners, Walmart, United Gas, and CEVA, will receive a free conference pass, courtesy of Lavante, to Fusion 2010. The submissions can be viewed on the IAPP web site.

"We are proud to sponsor IAPP's seventh annual AP Recognition Week," states Tom Flynn, vice president of Lavante. "This yearly competition always provides a great opportunity to shine a spotlight on the very deserving members of the AP community. We congratulate the winners."

The Winners

--  Walmart, the world's number one retailer, spent an entire week
    celebrating the power of Accounts Payable.  Their week of activities
    included staff members dressing up as superheroes as well as visiting local
    high schools to discuss the importance of the Accounts Payable role in a
    corporation.
    
--  Union Gas Limited, a Spectra Energy company and a distributor of
    natural gas to more than 1.3 million Canadian residents, dedicated their
    annual "Helping Hands in Action" event to AP Recognition week. This year
    the company made a cash donation, as well as sending members of the AP
    staff, to a local "Brain Injury Awareness" center.
    
--  CEVA Logistics, a global leader in logistics, scheduled a weeks' worth
    of activities to celebrate heroes in Accounts Payable.  Activities included
    a visit from real life local heroes -- members of the Houston Fire
    Department.
    

IAPP Fusion

Winners receive a free conference pass to IAPP Fusion, the AP industry's premier event, scheduled for May 9-13, 2010, at the Gaylord Texan Hotel and Resort in Dallas, Texas. Last year's event, held in Orlando, Florida, showcased over 115 workshops and 98 service provider solutions. The 2010 event is forecast to be double the size.

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About International Accounts Payable Professionals

International Accounts Payable Professionals (IAPP) is internationally recognized as the trustworthy guidance-setting association for the accounts payable profession. Serving members throughout the world, IAPP is the AP professional's global voice, chief advocate, recognized authority, acknowledged leader, and principal educator on all AP operational, regulatory, leadership, tax, control and fraud related topics. IAPP has over 70 chapters throughout the United States, Canada and the United Kingdom and provides training, conferences, knowledge sharing, AP certification, online resources, AP Matters magazine and more. IAPP has been holding the AP Recognition Week contest annually since 2003. For more information, visit www. iappnet.org.

About Lavante

Lavante is the leading provider of on-demand profit recovery audit software and services, and of vendor information management software solutions. Lavante helps Fortune 1000 companies enhance cash flow, productivity, compliance, and control. Lavante's innovative software automates the collection and analysis of information from a company's entire vendor community. The Strategic Recovery process combines this vendor knowledge and accounts receivable records with intelligent accounts payable audit algorithms to maximize cash recoveries. Lavante's SaaS-based software offerings provide on-demand, real-time visibility into the audit process and automate the updating and cleansing of vendor records. For more information, visit lavante.com. You can also follow us on twitter at twitter.com/lavanteinc.

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