GARDEN GROVE, Calif., Jan. 10, 2007 (PRIME NEWSWIRE) -- Vengroff, Williams & Associates (VWA), a leading provider of receivable management and business process outsourcing solutions with more than 3000 global customers, today announced that VWA's CEO, Mark Vengroff, has been named to Collection Advisor magazine's list of the Top 50 Most Influential Collection Professionals for the second consecutive year in a row.
Vengroff, well-recognized as a thought leader in the outsourcing industry, is responsible for VWA's considerable growth and expansion of offerings to include complete order to cash Business Process Outsourcing (BPO) and high volume deduction management solutions. Vengroff's analytical and engineering mind set has placed VWA into a role of advisor and solution provider to many CFO's within some of the world's largest corporations including Disney, Cisco, General Electric and Federal Express.
This is the second year the magazine bestowed an honor of this kind on members of the collections profession, and was a highlight of TECH '06, an educational forum for the collections profession sponsored by the magazine in December in Las Vegas.
"At VWA, we are extremely proud to be recognized for our innovative, market-leading solutions for the office of the CFO," said Mark Vengroff, chief executive officer of VWA. "A key aspect of our success over the course of the past 40+ years has been building a deep understanding of our customers' business needs combined with the current landscape of the operational environment in enterprise finance and layering on top of that what we foresee as the emerging requirements in the industry." He added, "We are honored that Collection Advisor magazine recognizes the value of our work."
"All 50 professionals represent the best of the best in the industry, and were chosen not only for their participation as leaders in the profession, but for their support of leading-edge technologies, collection methods and years of insight into what makes this industry a market leader," said Editor and Publisher T. Allen Rose. "On behalf of the magazine, we are very pleased to bestow this honor on these very worthy professionals."
Nominated by their peers, the 50 professionals are featured in the magazine's January/February 2007 issue, along with a companion story honoring the Top 100 Collection Technology Products for 2006.
About Vengroff, Williams & Associates, Inc.
Founded in 1963, and with $20 billion dollars under its management, Vengroff, Williams & Associates is a leading provider of receivables management business process outsourcing (BPO) solutions for Fortune 1000 companies such as General Electric, Ford Motor Company, Federal Express, Kodak, Microsoft, Yamaha and others. Applying state-of-the-art proprietary information systems, best practice work flow and people to realize cost reductions, operating efficiencies, and improved process design, VWA's approach enables clients to easily insource or outsource all or part of the quote-to-cash function. Solutions are customized to each client's requirements or expanded to incorporate specialized tools and SAS 70 compliant processes and procedures. Services include full order to cash processing, third party collections, EIPP systems, deduction management, dispute management, auto cash solutions, front-end risk mitigation, and tax resolution. To learn more about VWA, please visit www.vwainc.com or telephone (866) 393-4892.
About Collection Advisor magazine
Collection Advisor magazine is a national, bimonthly publication addressing collection management and technology in the profession. Each issue includes features and news about collection operations in companies and at agencies, reviews of software systems and collection tools, and opinion columns by many of the profession's most influential experts. It now is in its sixth year of publication.