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International Accounts Payable Professionals Selects BancTec Executive Paul Diegelman for Strategic Advisory Council

Posted on: Monday, 14 September 2009, 09:00 CDT

DALLAS, Sept. 14 /PRNewswire/ -- Paul Diegelman, vice president of finance and accounting optimization for BancTec, has been asked by the International Accounts Payable Professionals (IAPP) to join its Strategic Advisory Council (SAC).

IAPP is a worldwide member organization of more than 6,000 accounts payable/accounts receivable (AP/AR) professionals. The IAPP's SAC represents a cross-section of leaders from shared services, AP and AR, and includes corporate controllers, directors, managers and other executives from some of the world's largest companies. The SAC helps set the strategic direction of IAPP and the AP/AR profession through recommendations and guidance sent to the organization's global board of directors. Because of its influence within IAPP, the SAC is also a key vehicle for developing the organization's future board leaders.

"I'm honored to be asked by the IAPP to serve in a role that will impact the organization as well as the accounts payable and accounts receivable professions," said Diegelman. "It's also a recognition of the capabilities that BancTec delivers to help large organizations improve processes and reduce the costs of their payables, receivables and working capital management functions. I look forward to joining IAPP's SAC and participating in my first planning session on September 16th."

About BancTec

BancTec helps clients around the world simplify the process of managing their information. Founded in 1972, the company provides a wide range of solutions for automating complex, high-volume and data-intensive business processes for clients in the financial services, healthcare, manufacturing, government, services and utilities industries. BancTec's offerings include business solutions, business process outsourcing, and infrastructure services. With headquarters in Dallas, BancTec serves clients in 50 countries. For more information on how BancTec can help you optimize information management, visit www.banctec.com or call 1-800-BANCTEC.

Forward-Looking Statements All statements in this press release that do not directly and exclusively relate to historical facts are "forward-looking statements" describing BancTec's objectives, targets, plans, strategies, costs, anticipated capital expenditures and expected cost savings. These statements represent BancTec's intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, many of which are outside the Company's control. These factors could cause actual results to differ materially from such forward-looking statements. For a written description of these factors, see the section titled "Risk Factors" in the Company's Registration Statement on Form S-1, as amended, initially filed with the Securities and Exchange Commission on August 8, 2007. The Company disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent events or otherwise except as required by law.

SOURCE BancTec

Source: PR Newswire

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