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IAPP and Convey Compliance Form Strategic Partnership to Deliver New Tax and Regulatory Education to Accounts Payable Marketplace

PLYMOUTH, Minn., May 10, 2010 /PRNewswire via COMTEX/ -- Convey Compliance, the market leader in web-based tax compliance and reporting, and International Accounts Payable Professionals (IAPP), internationally recognized as a guidance-setting association for the accounts payable (AP) profession, have joined forces to create greater access to tax and regulatory education. The partnership will include a new IAPP self-study program aimed at helping AP professionals navigate the increasingly complex tax and compliance environment and efficiently manage the 1099 reporting process.

"The tax and regulation environments are heating up," said Brian Provost, president and CEO of Convey Compliance Systems. "Increased scrutiny places more responsibility on business to understand the regulatory environment and ensure they are in compliance. Our partnership with IAPP will help ensure that AP professionals have access to the most current information on reporting regulations and compliance requirements." The IAPP/Convey partnership fills a distinct need among AP professionals.

According to IAPP, striking a partnership with Convey offers members a great new benefit. Convey had all the elements in place to provide timely tax education in a way that met member demand.

Thomas M Bohn, CAE, IAPP CEO and executive director said, "Our partnership with Convey is part of our commitment to members to provide the tools and resources they need to achieve top performance individually and as an AP organization. As a result of this partnership, IAPP will deliver dynamic tax and regulatory content through our social networking outlets, live webinars, self-study programs, and news portals." The IAPP self-study program offers the broadest possible access to information AP professionals need to do their job efficiently and effectively. Topics include 1099 reporting, AP best practices, TIN management and verification, B Notice response and resolution, 1042S reporting for non-US citizens, and more.

IAPP members participating in the self-study program will earn one Continuing Professional Education (CPE) credit for each hour of study. The program features seven segments, for a total of 10.5 hours of study and 10.5 CPE credits.

The program will be launched on July 1, 2010.

More Convey education offerings Convey's education programs are designed to help its clients stay in front of constantly changing tax laws and codes to create tax information reporting and 1099 processing solutions. Convey's solutions alleviate the pressure of maintaining systems and tax data for thousands of organizations each year.

Education is a cornerstone of Convey's business. It offers webinars presented by tax experts, trade show educational workshops led by Convey specialists and hosts the Convey C2 Summit, its annual conference (www.c2summit.convey.com).

Convey Compliance is registered with the National Association of State Boards of Accountancy (NASBA) and serves as a sponsor of continuing professional education on the National Registry of CPE Sponsors.

Convey's online resource centers The Convey Resource Center offers AP professionals tools and information to help them streamline the 1099 reporting process, while performing the function more efficiently and effectively.

Convey's 1099 news blog at www.1099news.com offers perspective and analysis on the most pressing issues facing AP professionals. Convey's white papers help accounting professionals gain a detailed understanding of the impact of federal and state corporate reporting and compliance issues. Industry links help customers cut through the clutter, gaining direct access to the most relevant information.

About Convey Compliance Systems: Convey Compliance Systems is one of the most trusted tax compliance and reporting businesses in the industry with over 2,000 clients and serving 10 of the top 20 fortune 500 companies, 13 of the top 15 commercial banks in the US and 9 of the top 20 health and life insurance companies.

About IAPP and IARP International Accounts Payable Professionals (IAPP) is internationally recognized as the trustworthy guidance-setting association for the accounts payable profession. Serving members throughout the world, IAPP is the AP professional's global voice, chief advocate, recognized authority, acknowledged leader, and principal educator on all AP operational, regulatory, leadership, tax, control, and fraud-related topics. Together, the IAPP and its sister organization, International Accounts Receivable Professionals (IARP), have more than 5,000 members in 70 chapters throughout the United States, Canada, and the United Kingdom, and provide training, conferences, knowledge sharing, certification, online resources, AP Matters and AR Matters magazines, and more.

For more information, visit www.TheIAPP.org and www.TheIARP.org.

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