May 09, 2008 09:04 ET

Is Outsourcing Really an Option for Accounts Payable?

NEW YORK, NY--(Marketwire - May 9, 2008) - Keynoting IOMA's Paper Free AP conference in Fort Lauderdale, Florida, June 3-5, is Sid Vasili, CEO of INVAPAY, and a noted expert in what it takes to outsource Accounts Payable. "Certainly outsourcing AP would have to be one of the core strategies to consider on the Paperless Continuum," said Mr. Vasili. "We believe that it is imperative for Accounts Payable Managers to understand the ins and outs of outsourcing in order to remain their organization's experts in evaluating alternative approaches to improving controls and efficiencies in AP."

Sooner or later most organization will at least consider the outsourcing option. Mr. Vasili's session is designed to prepare AP Managers and the Controllers for that time.

Asked for an advance look at his talking points for his conference opener, "Confessions of an Outsourcer," Mr. Vasili broke it down:

--  Why do big companies outsource AP functions? (A Case Study of a large
    Multinational company)
--  How can an outsourcer guarantee your next promotion?
--  How does an outsourcer develop the business case?
--  Automation vs. outsourcing -- How would Ben Franklin compare the
--  Iron clad truth -- when should you NOT outsource?
--  Transforming your department with a partner -- what are the inside
    tricks from the trade?
--  What are the Five critical questions you need to ask to evaluate
    outsourced services?

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