News Column

Steve Rempel Named President and CEO of Balance Innovations

May 21 2013 12:00AM

Marketwire

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LENEXA, KS -- (Marketwired) -- 05/21/13 -- Balance Innovations has named Steve Rempel president and CEO. In this role, Rempel will lead the company as it further develops its core products and evolves to the next generation of cash office reconciliation solutions for the retail industry.

"Steve is intimately familiar with our product line and associates from his many years at Safeway," said Kurt Mueller, chairman of the Balance Innovations board of managers. "With his extensive experience and his strong relationships in the retail industry, we believe he is well-positioned to take Balance Innovations to the next level of growth."

With more than 35 years of experience in the retail industry, most recently as group vice president of application development for Safeway, Inc., Steve has a vast knowledge base across retail. He has a proven track record of creating, driving and delivering business value through innovative technology solutions to meet business needs in various domains. He has served on numerous boards and has been a featured speaker at industry events including National Retail Federation, the International Retail Users Group, and Teradata's PARTNERS conference.

"I've had a long-standing relationship with Balance Innovations, and I know the tremendous impact the technology has had on retailers' ability to streamline their stores and become more profitable," said Rempel. "One of our team's best attributes is the ability to listen to retailers and develop solutions that exceed their expectations. Our next generation of solutions will embrace mobile technology and address the needs of retailers of all sizes. I look forward to leading the company as we expand our business solutions."

About Balance Innovations
Balance Innovations is the leading developer of reconciliation and cash office management solutions for the retail industry. Our leading-edge, customizable solutions integrate seamlessly with existing POS technologies to simplify and improve retailers' cash office management operations. Balance Innovations' premier product, VeriBalance, is an easy-to-use software solution that is helping retailers across the United States and Canada increase profitability and improve operations by reducing labor, bank fees and shrink while standardizing and enforcing best practices and corporate policies. Other products include: vbEPIX™, an electronic check processing solution; vbForecast™, a cash forecasting product; vbScout™, a self-checkout management tool; and vbInSight™, a corporate reporting solution. Customers range from independent grocers to Fortune 50 retailers. For more information, visit: www.balanceinnovations.com



Contact:
Diane Collins
Director of Marketing
913-599-1177





Source: Marketwire


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