Bruce Blair Joins Creditek as Senior Vice President and Chief Information Officer.Business Editors PARSIPPANY, N.J.--(BUSINESS WIRE)--April 15, 2003 Creditek LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a leading provider of revenue cycle business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in (BPO BPO Business Process Outsourcing BPO Benevolent & Protective Order (of Elks of the USA) BPO Benzoyl Peroxide BPO Business Process Optimization BPO Broker Price Opinions BPO Buffalo Philharmonic Orchestra ), today announced the appointment of Bruce Blair Bruce Robert Blair (b. 27 December, 1957 in Mosgiel) is a New Zealand cricketer. He played 14 one-day internationals for New Zealand in the 1980's. to the position of Senior Vice President and Chief Information Officer. Mr. Blair will lead Creditek's technology team in managing all internal and external systems. This includes the development, launch, and implementation of advanced client business intelligence and reporting systems. "I am pleased to welcome Bruce to our executive team," commented Corey V. Torrence, Creditek President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , in making the announcement. "The addition of Bruce points to our continued commitment to leading the industry in technology systems. Our clients will benefit from his extensive experience in developing revolutionary systems that impact the bottom line." Most recently, Mr. Blair was the President of GovXcel, a leading application provider of software used by municipalities to automate back office functions. Previously, he served as Chief Information Officer and Senior Vice President of Operations at VerticalNet, a provider of collaborative supply chain software. In this role he managed overall operations for the company, including systems development, systems operation, and network services functions. Additionally, Bruce served as First Vice President at Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. . During his 20-year tenure at Merrill, he held executive level operational and systems positions, leading the systems development and infrastructure elements of the mutual fund business, including extremely high volume and mission critical systems. While there, he was heavily involved in Merrill's development of an industry-leading comprehensive end-user reporting tool, including all of the inherent security features. ABOUT CREDITEK CREDITEK LLC is one of the world's leading business process firms, specializing in invoice-to-cash cycle outsourcing for Fortune 1500-sized firms. Founded in 1982, Creditek has built its foundation and reputation on three primary factors: People, Processes, and Technology. Creditek has over 30 million hours of industry, practical, and technical experience that has directly influenced the development and retention of their over 100-strong client base. With over $10 billion in receivables under management, Creditek works with corporations to map key business performance indicators such as cash flow, days sales outstanding In accountancy, Days Sales Outstanding is a company's average collection period. A low figure indicates that the company collects its outstanding receivables quickly. Typically it is looked at either quarterly or yearly (90 or 365 days). (DSO See CSO. ), percent current receivables, dilution, and dilution recoveries against financial revenue processes to optimize corporate value-creation opportunities. The company has strong backing from both Parthenon Capital and General Atlantic Partners. Creditek has experts in each aspect of finance and accounting processes, as well as specific, industry knowledge and heavy client concentration in all significant industry sectors, including Media and Entertainment, Technology and Communication, Energy, Consumer Package Goods, Retail and Transportation, Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , Manufacturing, and Healthcare. For more information, visit www.creditek.com |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion