BancTec Appoints Paul Diegelman Vice President of Finance and ...

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BancTec Appoints Paul Diegelman Vice President of Finance andAccounting Business Process Outsourcing (BPO)
DALLAS, July 11 /PRNewswire/ -- BancTec, a global provider of advanced, high volume, document andpayment processing solutions and services, today announced theappointment of Paul E. Diegelman as divisional vice president of finance and accounting BPO,Americas. Mr. Diegelman will be responsible for developingBancTec's position as one of the leaders in the Procure-to-Pay(P2P) outsourcing market.
"Paul will be an outstanding addition to BancTec's finance andaccounting BPO practice," said Jeff Brown , vice president of BancTec's Business Process Outsourcing practicein the Americas. "He has a fantastic background helping clients ina number of industries improve their Order-to-Cash andProcure-to-Pay processes, and in helping them enhance theperformance of their accounting operations. We look forward to Pauljoining our BPO team."
Mr. Diegelman previously served as a business development executivewith Regulus Group, a leading provider of transformational andtransactional BPO services for the improvement of client revenuemanagement processes. Prior to that, he was a vice president withMellon Global Cash Management, delivering transactional outsourcingand technology-based treasury management services to Fortune 1000clients.
With his strong management and financial background, Mr. Diegelmanis a recognized speaker on business process improvement topics. Heis an instructor for the Cash Management Series at The Universityof North Carolina, Kenan Flagler School of Business, and is an instructor for the Berkeley TreasuryManagement Program at the University of California at Berkeley, Haas School of Business. Diegelman earned a bachelor of businessadministration from Loyola College in Maryland, and has been activein various industry groups, including the Association of FinancialProfessionals and the Petroleum Industry Data Exchange.
BancTec has built a global BPO practice with facilities throughoutNorth America and Europe. The company is recognized for itsexpertise in remittance processing, revenue cycle management, andtransactional content management, which help many of the world'slargest organizations improve internal business processes whilealso reducing costs.
About BancTec
BancTec helps clients around the world simplify the process ofmanaging their information. Founded in 1972, the company provides awide range of solutions for automating complex, high-volume anddata-intensive business processes for clients in the financialservices, healthcare, manufacturing, government, services andutilities industries. BancTec's offerings include businesssolutions, business process outsourcing, and infrastructureservices. With headquarters in Dallas, BancTec serves clients in 50countries. For more information on how BancTec can help youoptimize information management, visit http://www.banctec.com or call 1-800-BANCTEC.
Forward-Looking Statements
All statements in this press release that do not directly andexclusively relate to historical facts are "forward-lookingstatements" describing BancTec's objectives, targets, plans,strategies, costs, anticipated capital expenditures and expectedcost 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 theCompany's control. These factors could cause actual results todiffer materially from such forward-looking statements. For awritten description of these factors, see the section titled "RiskFactors" in the Company's Registration Statement on Form S-1, asamended, initially filed with the Securities and ExchangeCommission on August 8, 2007. The Company disclaims any intentionor obligation to update these forward-looking statements whether asa result of subsequent events or otherwise except as required bylaw.
SOURCE BancTec