Brentwood, Tenn. – May 16, 2014

Comdata Inc., a leading provider of electronic payment solutions, will join IQ BackOffice to host a financial leadership event featuring guest speakers, Bob Dowe, Toyota Racing Development’s vice president and chief financial officer, and Effendy Lim, SBE Entertainment Group’s certified treasury professional. 

Comdata Joins IQ BackOffice to Host Financial Leadership Luncheon

May 16,2014

Brentwood, Tenn. – May 16, 2014

Comdata Inc., a leading provider of electronic payment solutions, will join IQ BackOffice to host a financial leadership event featuring guest speakers, Bob Dowe, Toyota Racing Development’s vice president and chief financial officer, and Effendy Lim, SBE Entertainment Group’s certified treasury professional.

The luncheon takes place on Tuesday, May 20 from 11:30 a.m. to 1:30 p.m. in the Founder’s Room at Walt Disney Concert Hall. This luncheon is part of an event series that brings financial industry leaders together to explore payment optimization strategies. Those interested in attending may register until Monday, May 19.

By teaming with IQ BackOffice for this luncheon, Bob Sneed, senior vice president of Comdata, described the beneficial value of this collaboration and what attendees can expect during the session.

“By collaborating with IQ BackOffice, we are able to provide financial leaders and members of the business community with thought leadership and a better understanding on how to drive cost savings,” Sneed said. “Our goal is to help attendees learn the value of payment optimization so that they are able to utilize these strategies to drive margin improvement and streamline their business processes.”

During the luncheon, both Bob Dowe and Effendy Lim will outline how they leverage electronic payments within their organization. They will also highlight how electronic payments have helped drive their supplier discount opportunities, maximize their overall procurement process and streamline their internal processes.

Comdata began its Financial Leadership Luncheon series last year in Dallas and hosted its most recent luncheon session in Philadelphia last month. Comdata is scheduled to host its Financial Leadership Luncheon series in at least seven other cities this year, which include Houston, Cincinnati, Chicago, San Francisco, Phoenix and Minneapolis.

Registration for this event will close on Monday, May 19.

About IQ BackOffice

IQ BackOffice is a global leader in business process outsourcing, delivering customized solutions for its clients and boasting 99.97% quality and up to 68% cost savings. By reengineering existing processes such as accounts payable, accounts receivable, payroll and human resources, IQ BackOffice reduces costs, enables better decision-making and creates stronger financial controls. Clients range from mid-sized to multi-billion dollar private and public companies, across industries such as restaurant and hospitality, real estate and property management, manufacturing and distribution, telecommunications, utilities, energy, financial services, professional services and others. IQ BackOffice is majority-owned by LiveIt Investments Limited, the holding company for Ayala Corporation's investments in the business process outsourcing sector. Ayala was established in 1834 and is one of the leading conglomerates in the Philippines. For more information about IQ BackOffice's wide range of services, please visit http://www.iqbackoffice.com/.

About Comdata Inc.

Comdata Inc. is a leading provider of innovative payment and operating technology that drives actionable insights from spending data, builds enhanced controls and positively impacts its clients’ bottom lines. Comdata is part of one of the largest payment companies in the world and is the second largest commercial issuer of MasterCard in North America. Our 5,300 employees partner with companies in 53 countries to manage more than 1.9 billion fleet, corporate purchasing, payroll and healthcare transactions annually.