AICC Partners With SFP To Save Members Money, Offer Benefits AICC, The Independent Packaging Association, has part- nered with Service First Processing (SFP) to create a new “members only program” with exclusive benefits designed to reduce credit card processing costs while improving service and support. In addition to lowering credit card processing fees, the program gives AICC participants a 10 percent rebate on the net processing revenue SFP gener- ates from their account. The AICC/ SFP program offers: • An annual 10 percent rebate on the net processing rev- enue SFP generates from their accounts. • Free loaner equipment. • Free enhanced online reporting. • A dedicated helpline for AICC members.
• 60-day trial period / 90-day pilot program for members new to credit card acceptance. The average savings for manufacturers and distributors is a 15 percent reduction in processing costs before annu- al rebates. Additionally, program participants have access to electronic payment tools such as: • Accounts Payable Automation: Manage all invoice pay- ments in an easier, more cost-effective way while re- ceiving rebates. • ACH Tools to facilitate quick ACH and E-Check Ser- vices to suit your organization’s needs. • Online Invoicing, to create custom invoices online. Visit www.sfprocessing.com/AICC . AICC To Host In-Person Seminar: Financial Essentials For Converters
AICC, The Independent Packaging Associa- tion is hosting an in-person seminar, Finan- cial Essentials for the Converter, on Thurs- day, June 2, in Aurora, Illinois. This seminar will help attendees keep pace with today’s financial realities in the corrugated industry. Topics will focus on issues that give senior management a better understanding of fi- nancial strategy. Seminar topics include: • Fundamentals of paper conversion and financial reporting • Basis weights, footage/tonnage conver- sion, evaluating price increases and de- creases • Enhancing reporting with performance measurements • Cost estimation versus variable profit pre- diction • Reconciling actual and estimated results • Creating cost centers and profit centers • Determining key metrics for cost centers • Developing methodology to facilitate profit center measurements • Performance measurement • Company measurements and overall KPIs • Plant measurements • Cost center measurements The seminar instructor is Mitch Klingher, a partner at the CPA firm of Klingher Nadler, LLP, in Fort Lee, New Jersey, where he heads up the firm’s tax and consulting departments. With over 30 years of accounting experi- ence, Klingher specializes in paper conver- sion and packaging businesses and has de- veloped industry-specific financial courses for owners, controllers and other managers. Visit www.AICCbox.org/Calendar for more information and to register.
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www.boardconvertingnews.com
May 23, 2022
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