Aceva to Discuss How Innovative CFOs are Optimizing Working Capital Initiatives to Increase Corporate Performance and Improve Shareholder Value at the 18th Annual Wisconsin Treasury Management Association Conference


ADVISORY, Sept. 12, 2006 (PRIMEZONE) --



 WHEN:   Monday, September 18th, 2006

 TIME:   9:35-10:35 a.m., CDT

 WHAT:   The 18th annual WTMA conference, hosted by the Wisconsin
         Treasury and Management Association, is the premier event to
         learn about best practices in the cash and treasury management
         profession.

         Aceva's Regional Director, Ben Beal, will present "Unlocking
         Working Capital: Moving from Reactive to Proactive 
         Management" aimed at helping executives elevate their cash 
         flow performance initiatives by focusing on the entire 
         quote-to-cash process as a way to unlock working capital. No 
         longer viewed as an accounting task, working capital is now 
         seen as a vehicle to dramatically increase corporate 
         performance and improve shareholder value.  Whereas cash flow 
         improvements traditionally have been focused on the 
         downstream collections process, the ability to impact working 
         capital throughout the entire quote-to-cash cycle has proven 
         to deliver an exponential effect on reducing days sales 
         outstanding (DSO), preventing revenue leakage and improving 
         the overall customer experience. The presentation will cover:

         -- How complex business processes and disparate technologies
            can negatively impact working capital

         -- Methodologies to achieve best practices around the
            quote-to-cash cycle in order to improve cash flow and
            operational excellence

         -- How to leverage technology solutions to drive down accounts
            receivable, including case studies illustrating successful
            approaches to collections management automation

 WHO:    Ben Beal, Regional Director, Aceva Technologies

 WHERE:  The 18th Annual 2006 WTMA Annual Conference at the Blue Harbor
         Resort & Conference Center located in Sheboygan, Wisconsin

 HOW:    To register for the upcoming event or for more information, go
         to: http://www.wi-tma.org/conference.html

            

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