Travelex Global Business Payments to Present at Canadian Banner Users Conference September 30
WASHINGTON-(Business Wire)-September 24, 2009 - Travelex Global Business Payments announced today that Senior Vice President of Global Product Management, Adam Tiberi, will present at the seventh annual Canadian Banner Users Conference (CBUC) at the University of Manitoba in Winnipeg on Wednesday, September 30, 2009. Mr. Tiberi’s session will focus on Travelex’s unique university solution, which allows for students to pay tuition in their local currency and universities to fully manage the reconciliation of their receipts. The session will commence at 10am ET and provide a full demonstration of this Travelex education solution for international payments and receivables.
“Worldwide business payments are Travelex’s area of focus and I am thrilled to have the opportunity to demonstrate how we can help develop a payment solution to suit a university’s needs,” said Tiberi. “Anywhere in the world, students, their parents or sponsors and universities have complete access to all stages of payment confirmation in real time. With our online system, there are no surprises.”
Over 500 universities and colleges use Travelex throughout Canada, United States, the United Kingdom and Australia. Travelex offers an integrated Banner solution that enables overseas students, their parents or sponsors to easily make tuition and accommodations payments. Instead of waiting for the new school year to begin, a university can collect payment online as soon as the student accepts its offer.
In addition, if businesses pay overseas or Canadian invoices through their Banner enterprise resource planning (ERP) platform - for accommodations, research, tutors, courses, student refunds, and student recruitment marketing - Travelex's process can save accounts payable (AP) departments countless hours in manual administration, resulting in simplified management of payments to the supplier base. This new payment service will focus on moving away from paying supplier invoices by check to low cost electronic payments.
CBUC is a customer-focused event that explores the ever-changing environments and challenges that institutions face. The conference offers speakers and sessions in a number of important areas including finance, information technology and advancement, student financial aid and accounts receivable, and enterprise and integration.
About Travelex
Travelex is a global foreign exchange specialist providing the payment and receipt of domestic and international funds for businesses of all sizes. For more than 30 years, Travelex has provided clients with sophisticated market knowledge, leading edge technologies and practical and innovative solutions tailored to individual requirements. The Travelex worldwide network handles one million beneficiaries on behalf of 38,000 businesses in 35 countries. For more information, visit www.travelexbusiness.com/na. In the United States, services will be provided by Travelex Global Business Payments, Inc. or Travelex Currency Services. In Canada, services will be provided by Travelex Canada Limited.
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