NASHVILLE, TN - May 13, 2010 - Capital Confirmation, Inc., the creator and leading provider of secure audit confirmation services, was named "Best in Business" in the 1 - 25 employee category by the Nashville Business Journal. The company was one of five organizations to win this award at a special event on April 22.
The annual Best in Business Awards recognizes businesses in the Middle-Tennessee area for their ability to find a niche, and to develop and execute a plan. Winners are selected based on revenue growth over the last three years, unique insight, business plan and execution, accomplishments, overcoming challenges and other criteria.
"It is a great honor to be recognized as Best in Business," said Chris Schellhorn, CEO of Capital Confirmation, Inc. "Watching an idea evolve into a successful online confirmation solution, which is now the preferred method auditors use to confirm client account balances, is exciting. Our success comes from the investors that believed in us, and the remarkable teamwork our employees exhibit every day."
Capital Confirmation's online confirmation solution Confirmation.com simplifies the manual tasks associated with paper- and mail-based audit confirmations. This paperless solution saves auditors valuable time, reduces errors and delivers quicker confirmation responses. For financial institutions and accounts payable departments that respond to confirmation requests, Confirmation.com streamlines confirmation workflow, enables better control of responses and archives responses electronically.
"Capital Confirmation's solution practically eliminates paper bank confirmations," said Brad Floyd, president and CEO of the Tennessee Society of CPAs. "Many of our members who utilize their service have reported excellent results and improved audit efficiencies."
"The electronic confirmation process cuts down on the time bankers spend completing the confirmation, the information is more reliable and the turnaround time to receive a completed confirmation is much quicker," said Todd Carter, senior vice president/financial advisor with Pinnacle Financial Partners. "Capital Confirmation earns 'glowing feedback' from CPA firms, banks and accountants."