Dan Lensgraf Joins Paymetric as Chief Financial Officer.HOUSTON -- Paymetric, Inc., the leading provider of SAP-integrated payment card solutions, has named Dan Lensgraf to the position of Chief Financial Officer. In the newly created position, he will oversee Paymetric's accounting, administration, investor relations Investor relations The process by which the corporation communicates with its investors. and banking relations. Lensgraf comes to Paymetric from his role as Senior Vice President and CFO See Chief Financial Officer. for St. Louis-based Xspedius Communications, a leading facilities-based provider of integrated communications services. During his five years at Xspedius, Lensgraf oversaw the company's financial operations and played a key role in acquisition and capital formation activities that secured extensive telecommunications assets and a virtually debt-free balance sheet. From 1995 to 2000, he served as CFO of Atlanta-based Satellink Communications, Inc., where he organized 13 acquisition transactions and participated in numerous debt and equity fundraising transactions. Lensgraf earned an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Duke University and a BBA BBA abbr. Bachelor of Business Administration in Business Administration from the University of Oklahoma University of Oklahoma, abbreviated OU, is a coeducational public research university located in the U.S. state of Oklahoma. Founded in 1890, it existed in Oklahoma Territory near Indian Territory 17 years before the two became the state of Oklahoma. . "Dan Lensgraf has twice served as CFO of privately held companies as they achieved stellar growth in revenues and assets," said Steven Putney, 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. of Paymetric. "His experience will undoubtedly be an asset as Paymetric builds on its unique position as the only vendor offering SAP-integrated payment card solutions for both buy-side and sell-side transactions. We are delighted to welcome him to the Paymetric executive team." About Paymetric, Inc. Paymetric empowers organizations to leverage payment cards more effectively by integrating buying and selling functions directly into their ERP-enabled business operations. Paymetric solutions extend SAP capabilities to streamline procurement, sales and accounting operations. With Paymetric, customers can reduce their cost structure, mitigate risk, improve cash flow, and expand revenue opportunities. Paymetric is an award-winning SAP partner and certified SAP developer. SAP has accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. Paymetric's XiPay and MasterCard SmartLink solutions with SAP Certified Integration. Established in 1998 and headquartered in Houston, Paymetric is an Austin Ventures portfolio company. Additional information about Paymetric can be found on the company's web site, www.paymetric.com. |
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