SOURCE: Aceva Technologies

June 01, 2005 09:00 ET

Aceva COO Sanjay Srivastava to Present at the 109th Annual NACM Credit Congress & Exposition in New Orleans

Sanjay Srivastava to Discuss Strategies for Dispute Prevention and Driving Maximum Value With Proactive Collections Management at NACM on June 15, 2005 at 8:30 a.m.

SAN MATEO, CA -- (MARKET WIRE) -- June 1, 2005 -- Aceva Technologies, Inc., a leading provider of enterprise software applications for revenue and receivables management, today announced that Sanjay Srivastava, COO, will present "Dispute Prevention: Driving Maximum Value with Proactive Collections Management" at this year's NACM Credit Congress and Exposition in New Orleans on Wednesday, June 15, at 8:30 a.m.

Sanjay's presentation at NACM will explore how the automation of collections functions has enabled dramatic improvements in cash flow optimization, quality process improvements, and employee productivity for many organizations. Key discussion points will include:

--  How complex business processes and information gaps can negatively
    impact revenue and receivables.
--  Methodologies and strategies needed to achieve world-class best
    practices around the quote-to-cash cycle.
--  Key practices for adopting a proactive approach to receivables
    management by identifying and preventing potential disputes upstream in the
    quote-to-cash cycle -- before the invoice is sent out -- and before they
    manifest into costly downstream collections and payment issues.
--  Innovative approaches employed by leading corporations in the
    manufacturing sector who are embracing best practices to significantly
    reduce DSO and identify areas of revenue leakage.
    
"While most cash flow improvements have traditionally been focused on the downstream collections process, the ability to apply proactive strategies focusing on preventing disputes can provide tremendous impact to the effectiveness of the collections team," stated Sanjay Srivastava, COO of Aceva. "I look forward to leveraging Aceva's vast experience with global organizations to provide insights to the NACM attendees on how dispute prevention strategies enable greater visibility and control throughout the entire quote-to-cash cycle and discussing how these approaches deliver an exponential effect on reducing DSO, preventing revenue leakage and improving the overall customer experience."

Editor's Note:

Sanjay Srivastava will be available for interviews during the NACM Credit Congress on Wednesday, June 15, in New Orleans. To schedule a 1:1 meeting, contact Jessica Johannes at 408-323-8888 or jessica@triercompany.com.

About Aceva

Aceva Technologies is a leading provider of enterprise application software solutions for revenue and receivables management. Aceva's solutions for credit management, order quality, dispute prevention, inventory transaction reconciliation, deductions management, EIPP, collections management, and cash forecasting directly address quote-to-cash process breakdowns, quality issues, and automation requirements. Aceva's products deliver end-to-end revenue and receivables visibility, continuous business policy monitoring, collections process automation and workflow, as well as comprehensive reporting and analytics. As a result, customers are able to optimize financial performance and working capital, improve operational excellence and customer satisfaction, and comply with internal controls and regulatory requirements.

Headquartered in San Mateo, California, Aceva's customers include Applied Materials, Honeywell, Network Appliance, Sherwin-Williams and Sun Microsystems. For more details, visit www.aceva.com, send email to info@aceva.com or telephone 1-650-227-5500.

Aceva is a trademark of Aceva Technologies, Inc. All other trademarks and company names mentioned are the property of their respective owners.

Contact Information