Oct. 5, 2011 – Lake Forest, Calif. – Two iPayables clients have been nominated for the IOFM’s AP Expo 2011 “Accounts Payable Department of the Year”.

“Our clients are innovative and care about the productivity and effectiveness of their payables departments.  We’re excited to see them recognized for their efforts.” said Ken Virgin, CEO of iPayables. Awards will be announced at IOFM’s 10th Anniversary Accounts Payable Conference & Expo held in Las Vegas October 19 through 21.

The Institute of Finance & Management has a long tradition of identifying and honoring the trendsetters, movers and shakers in the accounts payable profession,” said RD Whitney, chief operating officer of IOFM and partner at Greenhaven Partners. “This is a prestigious award, and we take the selection of the winner very seriously. This year’s AP Expo 2011 awards luncheon promises to recognize the very best in our field.”

About IOMA
IOMA’s Institute of Finance & Management (IOFM) produces the Accounts Payable Conference & Expo by drawing on more than two decades’ worth of experience. With highly regarded publications, webinars, training tools and seminars, conferences and more, IOFM is the leading resource for information and tools across its many areas of focus: Corporate Financial Management; Accounts Payable; Credit, Receivables & Collections; and Corporate Security & Safety.

Publishers of newsletters such as Controller’s Report and Managing Accounts Payables, IOFM is a teeming source year round of news, benchmarks, strategic thought and best practices for budgeting and cost control management research.

About iPayables
We’re experts in the automating of accounts payable departments while optimizing workflow and streamlining the invoicing / payables process. By using our advanced internet invoicing system (InvoiceWorks®), companies can process invoices electronically, make changes, and can track payments all while eliminating phone inquiries, data entry, filing and the scanning of documents.

The world’s largest airline, largest grocer, largest restaurant chain and other Fortune 100 companies use iPayables InvoiceWorks® because of its functionality, flexibility, and unmatched value. iPayables provides supplier tools for invoice web-entry, file upload, EDI, PO flip and paper invoice capture; which integrate seamlessly with our robust and dynamic workflow, purchase order matching, dispute resolution, payment and dynamic discounting capabilities. To learn more about iPayables log on to www.ipayables.com