Elemica Speaking at IAPP Annual Forum on e-Procurement

Topic: Automating Procurement with P-Cards

Exton, PA – May 5, 2010 – Elemica, the industry-leading B2B supply chain network, announces that Gary Neights, Director B2B Integration Solutions, is speaking at the IAPP Annual Forum and Expo, FUSION 2010, in Grapevine, TX. Gary's topic, "Equal Treatment for Purchase Orders and P-Cards When Automating Procurement and Accounts Payable," overviews processes to establish with vendors to attain compliance and ensure security of data in accordance with the Payment Card Industry Data Security Standards (PCI DSS) and Fair and Accurate Credit Transactions Act (FACTA) requirements.

FUSION 2010 is a joint conference of the International Account Payable Professionals (IAPP), International Accounts Receivable Professionals (IARP), and The Association for Work Process Improvement (TAWPI) that targets finance professionals in accounts payable (AP), accounts receivable (AR), and procurement.

"Payment cards are a necessity for driving cash flow within an organization, and in addition they provide compelling visibility with a full audit trail, strong access control measures, and enhanced analytics," said Mike McGuigan, CEO of Elemica. "The support of P-Cards within the Elemica Order Management solution helps global clients gain efficiencies, reduce ordering and processing time, paperwork and costs."

Gary Neights will deliver his procure-to-pay discussion on Wednesday, May 12, 2010 from 11:00 AM to 12:00 PM and will summarize the key elements of PCI and FACTA compliance, describe how attaining compliance is beneficial, highlight the benefits of a P-card program, and how to easily onboard suppliers incorporating the appropriate rules, controls, and processes.

Elemica offers procurement solutions that replace complex, costly manual approaches with automated order management to simplify and error-proof the procure-to-pay cycle. When requisitioning, users select settlement type (P-Card or Purchase Order) from within their ERP system, eliminating the need to log into a 3rd party system.