The Receivables Exchange Wins 2011 "Management Team of the Year" Award at the American Business (Stevie(R)) Awards
NEW ORLEANS, Jun 21, 2011 (BUSINESS WIRE) -- The Receivables Exchange, the real-time online marketplace for the sale and purchase of receivables, today announced that it won the 2011 "Management Team of the Year" award at the American Business Awards. The American Business Awards, also known as the Stevie(R) Awards, are a public recognition of the efforts, accomplishments, and positive contributions of companies and business people worldwide. The award was presented on Monday night at a gala at the Marriott Marquis Hotel in New York City. Other notable winners included American Express, Apple, Cisco Systems, and Hewlett-Packard.
More than 2,800 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration for Stevie Awards in more than 40 categories, including Most Innovative Company of the Year, Management Team of the Year, Best New Product or Service of the Year, Corporate Social Responsibility Program of the Year, and Executive of the Year. Winners were selected in each category by members of 10 specialized final judging committees. More than 150 executives participated in judging this year. In addition to winning "Management Team of the Year," the Receivables Exchange was a runner-up for two other Stevie Awards: The Exchange's Commercial Receivables Program and Invoice Import System were both finalists for "New Product or Service of the Year."
"The 'Management Team of the Year' award is a testament to the ongoing commitment, innovation and hard work of the entire Receivables Exchange team," said The Receivables Exchange's Co-Founders, Justin Brownhill and Nicolas Perkin. "Recognition from the nation's premier business awards program affirms the tremendous value our employees are contributing to make The Receivables Exchange the truly innovative working capital marketplace it has become."
About The Receivables Exchange
The Receivables Exchange ( www.receivablesXchange.com ) is a first-to-market, real-time online marketplace for working capital financing that provides a game-changing solution for both small and large U.S. companies. The Exchange connects a global network of accredited Buyers to businesses (Sellers) in search of flexible, affordable and continuous access to working capital. Buyers get direct access to a $17 trillion new investable asset which comprises the largest asset class in the U.S. credit markets. Sellers gain prompt and highly cost-effective access to the capital they need, without onerous constraints. Learn more about how companies are improving cash flow by financing accounts receivable at www.receivablesXchange.com .
About the Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.stevieawards.com .
SOURCE: The Receivables Exchange