BancTec, a provider of high-volume, document and payment processing services, has created an independent working capital management and finance transformation advisory service called BancTec Consulting Management Services (CMS).
The service will assist clients working to institute treasury, risk management and working capital management best practices.
Michael J. Alfonsi, a recognized industry expert in repositioning finance for decision support and leadership, will lead BancTec CMS. Alfonsi has more than 20 years of experience helping companies to improve their treasury, risk management and working capital management efforts. He joins BancTec after 8 years as managing director with AnalyticResults, LLC.
Prior to his advisory roles, Alfonsi held positions in corporate finance and in banking. He is currently the knowledge content director for the executive education programs in finance and treasury at the University of North Carolina at Chapel Hill/Kenan-Flagler Business School, the University of California at Berkeley/Haas Business School, and Penn State University/Great Valley. Alfonsi holds several professional certifications including certifications in workplace performance, risk management and treasury management.
“CMS is a logical extension of BancTec’s competencies in producing value-based, business process transformation solutions. With this offering we can be even more effective with clients in delivering additional finance and working capital management solutions,” says Jeff Brown, vice president for Business Process Outsourcing, BancTec, Americas.
“Michael’s deep financial expertise is an outstanding resource in helping our clients rapidly identify and deploy financial best practice, benchmarking, cost lean out and process transformation solutions that deliver returns in months, not years.”
L.D.