New Payment Office Monitoring Service Tracks DoD Invoices

Fairfax County, Virginia (PRWEB) June 1, 2009

A new “payment office monitoring service” (POMS) tracks invoices, making billing and collections faster, better, and more reliable at a price 35% to 55% lower than comparable processes performed in-house by accounting staff.

Developed by the Accounts Receivable Management Corporation (armcor.com Ltd.), POMS for DFAS is for contractors that submit invoices to the Defense Finance and Accounting Service.

“I’ve been involved with the A/R side of the government contracting world for nearly twenty years, and I know that POMS will make contractors more efficient and profitable,” says John Fedewa, President. “POMS tracks more than 50 data points about each invoice, helping subscribers detect problems right away, before they become costly and disruptive.”

Offered with a no-obligation 40-day trial, POMS for DFAS provides subscribers with an e‑mail notification summary of all changes to submitted invoices 2, 3, or 5 times a week. Monthly, quarterly, and annual subscriptions are available.

After the free trial period, POMS for DFAS costs as little as 22 cents per day per invoice. Actual rates vary according to monitoring frequency and the quantity of invoices to be tracked, and discounts are given for longer subscription commitments.

“The bottom line is that tracking a typical Net 30 invoice with POMS for DFAS will cost an active biller between just $ 6.65 and $ 15.11,” says Fedewa. “That’s an expense that pays for itself many times over in saved staff time, reduced average days outstanding, and increased cash flow. With POMS for DFAS, you’ll never get blindsided by a collections crisis.”

According to Fedewa, POMS will offer additional enhancements and expanded capabilities in the future.

See payofficemonitor.com for more information.

About the Accounts Receivable Management Corporation:

The Accounts Receivable Management Corporation (armcor.com Ltd.) is a niche financial services company based in Greater Metropolitan Washington, DC. Founded in 1999, armcor.com is a provider of working capital sourcing, collections, A/R consulting, and specialized factoring services underwritten by private lenders securitized by government receivables. armcor.com currently offers POMS to prime contractors serving military agencies of the United States government CONUS, OCONUS, in theater, and throughout the world.

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The Collingwood Group Opens New Office in Manhattan


Washington, DC and New York, NY (PRWEB) May 18, 2011

The Collingwood Group today announced the opening of an office in New York City, New York. With its expanding New York client base, a dedicated New York office will enable The Collingwood Group to more effectively support the firms New York-based financial services clients. The new office, located at 245 Park Avenue, 24th Floor, New York, New York 10167, will be run by Managing Director Mark DeGennaro. The Collingwood Group headquarters will remain in Washington, D.C. at 1700 Pennsylvania Avenue, N.W.

Establishing this office represents a significant milestone for The Collingwood Group, said Joe Murin, Chairman. Collingwoods success in New York affirms the validity of the firms strategy that, especially during this period of market upheaval and unprecedented legislative and regulatory change, hedge funds, private equity groups and other large financial institutions would benefit from the unique Washington insight and guidance of a DC-based business advisory firm.

The Collingwood Group (http://www.collingwoodllc.com) is a Washington, DC-based business advisory firm focused on growing clients businesses, promoting revenue growth and increasing investment returns. The firm is led by Joe Murin, former President and CEO of Ginnie Mae, and Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner. Both played major roles in the federal governments efforts to address the nations financial crisis and restore stability and liquidity to financial markets. The firms expertise spans all aspects of Agency, non-Agency and FHA/VA housing financing programs; Ginnie Mae securitization activities; domestic and international secondary market activities and issues; primary and special servicing; full asset lifecycle vendor and talent management; and all elements of portfolio due diligence, acquisition, property management and asset disposition.

Contact:

Debbie Kaufmann The Collingwood Group

dkaufmann(at)collingwoodllc(dot)com

Phone – 202.626.9724

Mobile 301.252.3582

1700 Pennsylvania Avenue, N.W., Suite 200, Washington, D.C. 20006

202.540.9620 . http://www.collingwoodllc.com

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Janet Vaughan Robertson Joins Houston Office of Haynes and Boone, Brings Valued Experience to Public Law Practice Group


Houston, Texas (PRWEB) January 20, 2012

Janet Vaughan Robertson has joined the Houston office of Haynes and Boone, LLP as of counsel in the Public Law Practice Group.

As the size and complexity of public law projects and disputes continues to grow, we look to recruit experienced legal professionals with knowledge in both the public and private sector, said Partner Casey Wallace, chair of the Public Law Practice Group. Janet is just that, and we are excited to have her joining our team of talented lawyers.

In addition to serving as bond counsel, underwriter counsel, credit bank counsel, borrower counsel, and issuer counsel in connection with multi-million dollar municipal and conduit bond issues, Robertsons work in public finance includes providing taxable and tax-exempt financing for charter schools, hospitals, health care facilities, continuous care retirement communities, cultural facilities, various industrial development facilities, and other issuers located throughout Texas and the United States.

In addition, she has substantial experience in banking and lending, securities law, project finance, private placements, asset securitizations (including issuance of nonconsolidation and true sale opinions), all forms of secured transactions (real, personal and mixed collateral), mortgage warehouse lending, repurchase agreements, interest rate swaps and loan workouts.

Robertson received her bachelors degree with high honors from the University of Texas and juris doctorate from the University of Houston Law Center.

About Haynes and Boone

Haynes and Boone, LLP is an international corporate law firm with offices in Texas, New York, California, Washington, D.C., Mexico City and Moscow, providing a full spectrum of legal services. With more than 525 attorneys, Haynes and Boone is ranked among the largest law firms in the nation by The National Law Journal. The firm has been named one of the “Best Corporate Law Firms in America” (Corporate Board Member Magazine, 2001-2011) and recognized as a Top 20 Law Firm for culture and for diversity with respect to both women and minorities (Vault, 2012). For more information, visit http://www.haynesboone.com.

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Janet Vaughan Robertson Joins Houston Office of Haynes and Boone, Brings Valued Experience to Public Law Practice Group

Houston, Texas (PRWEB) January 23, 2012

Janet Vaughan Robertson has joined the Houston office of Haynes and Boone, LLP as of counsel in the Public Law Practice Group.

As the size and complexity of public law projects and disputes continues to grow, we look to recruit experienced legal professionals with knowledge in both the public and private sector, said Partner Casey Wallace, chair of the Public Law Practice Group. Janet is just that, and we are excited to have her joining our team of talented lawyers.

Haynes and Boone Mexico City Office Welcomes Jorge Labastida


Mexico City, Mexico (PRWEB) February 09, 2012

The Mexico City office of Haynes and Boone, LLP continues to grow with the addition of Jorge Labastida as a partner in the Finance Practice Group.

We are excited to have Jorge joining the firm as he will reinforce our already strong banking and finance practice in Mexico City, said Luis Moreno, administrative partner for the Mexico City office. He will also add expertise to our project finance and structured securities practices, enhancing the firms ability to compete for infrastructure projects and structured financing in Mexico.

Jorge will become a key member of the team that has been working in the Vitro Restructuring, the Chihuahua gas pipeline project, Rabobank projects, as well as certain securities transactions, among others.

Labastida focuses his practice on structured cross-border finance, project and real estate finance, including securitizations, multi-jurisdictional tax-advantaged structures and structured leasing. He also specializes in trustee and bondholder agent representation, and handles work relating to derivatives, treasury products, restructurings, workouts, M&A and private equity transactions.

Labastida is ranked among the top banking and finance and capital markets lawyers in Mexico by Chambers and Partners. He was the founding partner of the Banking and Finance Practice at Bufete Labastida, S.C., and was previously a partner in the Banking and Finance group at Jauregui, Navarrete y Nader, S.C.

He received his law degree from Instituto Tecnologico Autonomo de Mexico in 1990, with honors.

About Haynes and Boone

Haynes and Boone, LLP is an international corporate law firm with offices in Texas, New York, California, Washington, D.C., Mexico City and Moscow, providing a full spectrum of legal services. With more than 525 attorneys, Haynes and Boone is ranked among the largest law firms in the nation by The National Law Journal. The firm has been named one of the “Best Corporate Law Firms in America” (Corporate Board Member Magazine, 2001-2011) and recognized as a Top 20 Law Firm for culture and for diversity with respect to both women and minorities (Vault, 2012).

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(PRWEB) March thirteen, 2013

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