Accuity to Co-Present with Sysco on Expanding the Use of Electronic Payments at SAP Treasury Management Conference 2013

Accuity, the global standard for payment efficiency and compliance solutions, today announced its participation in the SAP Treasury Management Conference 2013 which will focus on the value of treasury applications from SAP.

As part of the event, Accuity’s Sarkis Akmakjian, Associate Director, Product Management – Payments and Maria G. Flores, Director, Treasury Operations at Sysco, the global leader in selling, marketing and distributing food products, will deliver the presentation “Expanding the Use of Electronic Payments: How Sysco Optimized the Use of ERP.”

As part of Sysco’s business transformation, the company embarked on a road to standardization with the help of Accuity. This included cleaning up existing bank data and loading Accuity’s Global Payment File into the SAP bank master to establish automated processes for monthly updates.

The advantages the Accuity bank data delivered to Sysco include:

• Reduced maintenance costs by global payment standards
• Relevant bank information
• Minimal manual intervention
• Payment process segregation of duties
• Standardized and uniform payment information
• Increased security and compliance

“Our success with Sysco is a testament to Accuity’s ability to provide the most reliable data, software and consulting solutions to meet our clients’ specific needs,” explains Akmakjian. “Our work with Sysco ensures their bank information is relevant and uniform across the board, delivers greater automation and better prepares the company to comply with SEPA requirements.”

The SAP Treasury Management Conference 2013 will address the complexities around managing cash capital and investments and the ways in which SAP treasury applications can support organizations across different business scenarios and industry sectors. The event will take place from October 14-16 in Chicago. The presentation by Accuity and Sysco will take place at noon on October 15th.

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