Vengroff, Williams & Associates, Inc. (VWA), the global leader for credit to cash management solutions, today announced that is has launched a new consulting division. The new consulting division will focus mainly on evaluating companies credit to cash cycle and creating solutions to uncover cash flow within their accounts receivables department


“Because we work with over three thousand companies worldwide, like Cisco Systems, Microsoft, State Farm, Bank of America and NASDAQ, we have seen almost every type of situation. We are always looking for new and more effective methods to perfect the area of accounts receivables by incorporating best practices that have proven effective and then adopting them into a clients current processes and procedures,” said Mark Vengroff, chief executive officer. The division will provide a full range of services, for all accounts receivables management needs. From lease programs to third party inventory financing, VWA will develop policies and procedures for credit, collections and cash application and also provide guidance in obtaining temporary help, increasing A/R turnover, and improving collections and reconciliation backlog.


?The new division specializes in helping corporations create and maintain a competitive advantage,? said John Della Marco, chief operating officer. ?We help companies expand their position in the marketplace by becoming the most effective, customer focused company within their industry, by utilizing VWA?s consulting services to strengthen their business process foundation we help maximize the process integration, organizational structure and automation opportunities.?


About Vengroff Williams & Associates, Inc. Vengroff, Williams & Associates, Inc. is the worldwide leader and innovator for the receivables management industry. With more than 39 years of experience in asset management, the company is able to implement sophisticated strategies to meet customer needs. The company offers a myriad of services such as third party collections, subrogation, credit investigations, liquidations, factoring, billing, outsourcing and other financial services. To learn more, visit us at www.vwainc.com.



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