NASHVILLE and TORONTO, Oct. 1,
2018 /CNW/ - VersaPay Corporation (TSXV: VPY)
("VersaPay"), a leading provider of cloud-based invoice-to-cash
solutions including electronic invoice presentment and payment,
automated accounts receivable, cash application and collections
management, is pleased to announce that its chairman Art Mesher in an exclusive to Council of Supply
Chain Management Professionals (CSCMP), is publishing "3V's Part
Two, Darwin's Law and the X Factors". In addition to publishing the
paper Mr Mesher will be participating in a fireside chat during the
Edge 2018 Conference to discuss its contents.
"Art published the initial 3V's paper 20 years ago which became
an institutional framework for our industry. CSCMP recognized the
work as one of the most influential writings of the organization's
50 year history," commented Rick
Blasgen, President and CEO of CSCMP. "In an exclusive to
CSCMP Art has released 3V's Part Two and we are grateful for this
contribution."
"Today we have an 'X' exponential proliferation of the
microprocessors, an 'X' exponential rate of speed and ubiquity of
wireless networks along and an 'X' exponential increase of
connected devices. Today's 'always on and always connected' has
created a 'nowhere to run and nowhere to hide' environment," stated
Arthur Mesher, Chairman of VersaPay.
"This Big data, Machine learning, AI, IOT, Blockchain enabled
environment is creating an 'X' factorial increase in transparency
and speed that is redefining business relationships and supporting
systems. This collision, dubbed the 'X factors' is causing both
enormous disruption and opportunity, as old business models are
sunset and new business models dawn a new day. Using the 3V's
framework this session will identify the 'X factors' that will
impact those that thrive or die as the exponential rate of change
will have such velocity that the extinction threat of their
processes, systems and companies will be real."
About the Session and the 3V's Paper
The Fireside chat will be lead by renowned analyst Adrian Gonzalez. He will interview Arthur Mesher, Distinguished Service Award
Winner and author of The 3V's Part Two. Also participating in the
discussion is Phil Ruotolo, Director
of Merchandising Solutions Customization at Proctor and Gamble. The
session takes place Tuesday October 2,
2018 at 10:30 am at CSCMP's
Edge 2018 being held at The Gaylord Opryland Resort &
Convention Center in Nashville, Tennessee.
Using the 3V's framework the presentation will address the
following key questions:
- How will supply chain management impact corporate
performance?
- How will IT be used to enable and optimize supply chain
performance?
- How will the markets for systems and logistics services
evolve?
- How can users best implement process improvement and
technological initiatives to improve supply chain performance?
For more information or to download the paper visit
www.3vspart2.com
About CSCMP
Since 1963, the Council of Supply Chain Management
Professionals (CSCMP) has been the leading worldwide
professional association dedicated to education, research, and the
advancement of the supply chain management profession. With more
than 8,500 members globally, representing business, government, and
academia from 65 countries, CSCMP members are the leading
practitioners and authorities in the fields of logistics and supply
chain management. To learn more, visit cscmp.org. CSCMP
on social
media: Twitter, Facebook, LinkedIn and YouTube.
About VersaPay
VersaPay is a Fintech company and leading provider of
cloud-based invoice-to-cash solutions, enabling businesses to
provide a superior customer experience, get paid faster, streamline
financial operations, and dramatically reduce DSO and costs.
VersaPay ARC is the new standard in accounts receivable and
collections automation with a customer self-service environment to
view invoices online, collaborate on inquiries and disputes, and
facilitate secure online payments (EFT/ACH and credit card).
Businesses gain access to a suite of powerful tools that enable
efficient collections, cash application and real-time insight into
accounts receivable. VersaPay ARC automatically reconciles payments
and account information through integrations with a wide range of
ERPs and accounting software providers.
More information about VersaPay is available at www.versapay.com
or under the Company's profile on SEDAR at www.sedar.com.
Forward Looking and Other Cautionary Statements
This news release contains "forward-looking information" which
may include, but is not limited to, statements with respect to the
activities, events or developments that the Company expects or
anticipates will or may occur in the future. Such forward-looking
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actions, events or results "may," "could," "would," "might" or
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These forward-looking statements, and any assumptions upon which
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judgment regarding the direction of our business. Management
believes that these assumptions are reasonable. Forward-looking
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other factors which may cause the actual results, performance or
achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking information. Such factors include, among
others, risks related to the speculative nature of the Company's
business, the Company's formative stage of development and the
Company's financial position.
Forward-looking statements contained herein are made as of the
date of this news release and the Company disclaims any obligation
to update any forward-looking statements, whether as a result of
new information, future events or results, except as may be
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that forward-looking information will prove to be accurate, as
actual results and future events could differ materially from those
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SOURCE VersaPay Corporation