PR - VWA Recognized in the 2008 FAO Research Awards of Distinction

Vengroff, Williams & Associates, Inc. (VWA), a leading provider of receivables management and business process outsourcing solutions, today announced that it has been recognized among leading financial outsourcing service providers in the 2008 FAO Research Awards of Distinction for its engagement with D3Publishing of America.

"The engagements recognized for our best-in-class FAO awards demonstrate the maturation and increased sophistication of organizations that view FAO as a strategy to improve business operations," says Lisa Ross, CEO of FAO Research. "VWA and the other teams deemed worthy to be honored by our awards process reflect this vision in action and are among the most sophisticated users of financial outsourcing in existence today."

VWA’s contract with D3Publishing of America was distinguished by FAO Research after being judged within several quantifiable criteria (like size of contract, time into deployment, cost savings, etc.) as well as, but not limited to:

"We are pleased to have been nominated for the 2008 FAO Research Awards of Distinction and to help drive innovation in our market," said Mark Vengroff, CEO of Vengroff, Williams & Associates. "Having been in the financial outsourcing business for 45+ years, we have always prided ourselves on being on the cutting edge in terms of what we offer our clients. The fact that our engagement with D3Publishing of America has been honored with pushing the envelope validates our progressive approach to improving business operations."

The FAO Research report detailing engagements of the honorees and those of all nominated companies for the 2008 FAO Research Awards of Distinction is available by request on a complimentary basis at www.faoresearch.com.