ADVISORY, Oct. 10, 2006 (PRIMEZONE) --
The Business & Process Innovation Summit Hotel del Coronado Coronado, California Oct 16-19, 2006 http://www.delphigroup.com/events/bpis2006/index.htm Conference description: At The Business & Process Innovation Summit (BPIS2006), attendees are exposed to the entire gamut of issues and options available to build world class expertise and competitive stature in innovation. Presentation date: Tuesday, October 17, 2006 Presentation time: 2:45-3:30 p.m., PDT Topic: Transforming Corporate Finance into a Strategic Innovator Presentation Details: Corporate finance has historically been seen as a cost center -- heavily focused on process and compliance -- holding the role of risk mitigator or monitor, but rarely as innovator. Increasingly fast-paced competitive environments have demanded greater efficiencies with costs of financial transactions dropping from five cents to two cents. Meanwhile, Wall Street continues to drive rising expectations around balance sheet management. With over $100 trillion of accounts receivable on the books of the 1,000 largest U.S. companies, forward-thinking CFOs are quickly seeing cash flow performance as a huge opportunity for differentiation. One such company took a unique approach to unlocking working capital and optimizing cash flow performance. Drilling down on the root causes of their backlog of cash, working capital became one of the top 5 corporate initiatives at this leading manufacturer. In this presentation, find out: -- How companies are employing corporate performance management methodologies to increase financial performance across highly matrixed organizations. -- How such methodologies not only drive operational efficiencies, but also enable shared service models and offshoring. -- How a leading manufacturer unlocked $120 million off their balance sheets in 2 years, while reducing cost of operations by 60%. AFP Annual Conference Venetian Hotel Las Vegas, Nevada October 15-18, 2006 http://www.afponline.org/pub/conf/annual_conference.html Conference description: The AFP Annual Conference is the most comprehensive event in treasury and finance. Nearly 6,000 treasury and finance professionals come together each year to keep pace with industry changes, educate one another and discuss the issues that are impacting business performance. Presentation date: Wednesday, October 18, 2006 Presentation time: 9:00-10:30 a.m., PDT Topic: Financial Agility: How Agile is Your Organization? Co-Presenter: Chris Ungerer, Manager of Credit and Collections, Thermo Electron Corporation Presentation Details: Finance professionals operate within a dynamic business environment, whether it is a result of changing market requirements, regulatory issues or competitive pressures. How they are able to respond to these environmental changes determines their effectiveness and long-term viability. This presentation will discuss how the finance department can increase agility and position themselves to act pro-actively and respond quickly to environmental changes. Attendees will learn how to: -- Evaluate the agility of their organization. -- Understand the financial impact of creating a more agile organization. -- Determine the elements within the corporate infrastructure that are required to promote rapid response to environmental change.