Complimentary Webcast

Keep Vendors Happy & Reduce Fraud with Virtual Payments

Date: Tuesday, June 20, 2017
Time: 2pm ET | 11am PT
Cost: Complimentary

Sponsored by:


The claims process can often become a very time-consuming and costly one. Vendors often wait more than 90 days to get payment and fraudulent payments can not only extend this process, but cost everyone money. Virtual payments help you streamline the process, while giving you increased control and a new source of revenue for your company.

Join this complimentary webcast to understand how automating the process saves time and money, with fewer mistakes and better documentation. Smart companies can use virtual payments for everyone’s benefit (from vendor to policyholder), including to:

  • Control when and where payments are made, and prevent over payments
  • Configure an approval workflow to ensure purchasing compliance
  • Automate accounting reconciliation (true single-use, not rotating)
  • Reduce administration and overhead in accounts payable
  • Improve reporting and accounting with enhanced data capture


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Featured Speakers:

MarkMark Goettel
Manager, Virtual Payments Product
WEX Inc.

Mark is responsible for creating and executing the product roadmap to meet customer needs and drive WEX growth in the areas of insurance, media, aviation, and Accounts Payable. Mark manages WEX’s payment solutions, and their direction and deployment.  Mark has been at WEX for 15 years, with experience in market research, product management, and strategic planning.  Mark has a BA from the College of the Holy Cross, and an MBA from the University of California at Davis.

tobyTobin Lunsford
AVP of Material Damage
Infinity Property and Casualty Corporation

Tobin Lunsford is AVP of Material Damage at Infinity Property and Casualty Corporation, a position held since 2007. Mr. Lunsford was previously a Region Manager with Progressive Insurance handling Special Lines (marine, commercial auto, motorcycle, recreational vehicle, and auto). Mr. Lunsford currently oversees national operations for material damage claims handling including: Rental, Appraisals/Estimating (including staff, independent appraisals and shop generated appraisals), Reinspection/QC, MD Subrogation, Salvage, Continuing Education/Training (Infinity University), Customer Service Initiatives, tow programs,  Company Fleet, Mail Operations and MD Technology.   Mr. Lunsford currently sits on several industry advisory boards including the Property Casualty Insurer's (PCI) MD Subcommittee.

Mr. Lunsford received a BS in Business Management from Auburn University and Co-authored an invited process improvement essay for Property and Casualty Segment:  CMMI for Services V 1.3 (in conjunction with Software Engineering Institute / Carnegie Mellon). 



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