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Clarence T. Schmitz Recognized as a Superstar by FAO Today Magazine.


LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  -- Outsource Partners International, Inc. (OPI (Open Prepress Interface) An extension to PostScript that provides color separations. It was developed by Aldus Corporation, which was later acquired by Adobe. ), a leading professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  firm dedicated entirely to finance and accounting outsourcing, announced today that Clarence T. Schmitz, Chairman and Chief Executive Officer, has been named a 2007 Superstar of the finance and accounting outsourcing industry by FAO FAO,
n See Food and Agriculture Organization.
 Today magazine. This marks the third consecutive year that Schmitz has been selected for this honor.

Schmitz is a visionary in the rapidly growing finance and accounting 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
) industry. In 2002, Schmitz brought together KPMG's national business process outsourcing group, and itAccounts, an innovative boutique accounting outsourcing firm, to form Outsource Partners International and assumed the role of Chairman and Chief Executive Officer. With a unique approach that allows for the outsourcing of such complex finance functions as regulatory reporting and risk management, OPI has grown to become one of the preeminent providers of finance and accounting outsourcing services throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe and India.

About the recognition, Clarence T. Schmitz noted, "I'm honored to be included among some of the most influential FAO pioneers. Of course the honor really belongs to the more than 1,400 associates of OPI who provide our clients each and every day with top quality service."

FAO Today magazine's list of FAO Superstars is published annually and names the industry's most influential service providers, buyers and advisor and opinion leaders of the finance and accounting business process outsourcing industry. Noted individuals have made sizeable contributions to the marketplace and are recognized for their leadership, innovation and proven track records.

2007 FAO Superstars first appeared in the January/February 2007 issue of FAO Today magazine and can be found online at http://www.faotoday.com/Magazine.asp?artID=1609.

About Outsource Partners International

Outsource Partners International, Inc. (OPI) is a leading professional services firm dedicated entirely to the provision of finance and accounting (F&A) outsourcing. OPI collaborates with each client to deliver customized business process outsourcing solutions that range from single service functions, such as accounts payable or accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying , to full-service finance and accounting, including general ledger General Ledger

A company's accounting records. This formal ledger contains all the financial accounts and statements of a business.

Notes:
The ledger uses two columns: one records debits, the other has offsetting credits.
 accounting, SEC financial reporting and risk management. OPI's client-partners benefit from improved financial operations including increased efficiency, flexibility, and transparency, while minimizing risks and costs.

OPI was built and is managed by experienced professional accountants, most of whom are former Big Four accounting firm partners and managers. This unique heritage underlies a strong spirit of partnership with its clients. Placing service and quality first has enabled OPI to build an impressive portfolio of satisfied clients who serve as real-world examples of the benefits of outsourcing.

OPI has more than 1,400 associates operating in its offices throughout the United States, Europe and India. For more information about OPI and its finance and accounting solutions, visit www.opiglobal.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 16, 2007
Words:461
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