Business Financials is a modern business system, providing an interface, which is intuitive for users who work with Microsoft Office or similar suites of software. The system is fully scalable and is proven to satisfy the wide demands of medium sized organizations and large international corporations alike.

The system includes embedded document imaging and workflow tools in order to improve the efficiency of business processing. Productivity is further enhanced through e-mail capabilities as well as the ability to integrate with other core business and desktop applications. Appropriate data entry and information delivery may be accessed via a Web browser and a variety of e-Commerce applications can also be integrated.

Agilon's Business Financials has all the features you would expect from a modern fully integrated financials application including general ledger, accounts payable, accounts receivable, together with comprehensive budgeting, fixed asset and cash management features.

Key areas of functionality include multi-company, multi-currency and multi-lingual capabilities, powerful scheduling and automation features and the distribution of vital business information on an as-needed basis.

What this will do for your business:

• Reduce clerical time through full integration, external transaction import routines and speedy keyboard entry of transactions across standardized entry screens, enabling staff to focus on more value added tasks.
• Dramatically reduce reporting time to management and investors through automation of period-end tasks.
• Provide speedy and effective answers to queries through quick and easy access to information on-line.
• Allow managers to concentrate on running the business more effectively as less staff time is required in producing standard management reports.

Wrapping around the core functionality of Agilon's Business Financials are the system elements: AGRESSO Web Services; AGRESSO eCommerce and AGRESSO Mobile Services. These Internet and e-business enabling tools allow data to be registered, archived, read and distributed in the simplest and most effective way possible.

AGRESSO Web Services give the user the opportunity to use the Internet to pull customers, suppliers, employees and management into the organization's common digital business processes. This happens via a user-friendly gateway with a personalized portal available to every user no matter where in the world they happen to be, using a standard browser with no separate installation required. Of particular benefit is the self service functionality this offers, through which significant amounts of time are saved and accuracy improved through the ability of users to enter, share or authorize data directly into the system when it best suits them. Self service transactions take place in a secure environment that uses some of the most sophisticated data security technology available.

AGRESSO eCommerce Services facilitate the electronic exchange of documents and transactions between customers, suppliers and business partners in a cost-effective, safe and swift manner. Agresso is an active supporter of the BASDA eBIS-XML initiative.

General Ledger Overview

The General Ledger is an information store for data integrated with all other Agresso applications. The General Ledger brings together your organizations' actuals and budgets, simultaneously holding statutory information, management information and adjustments.

The General Ledger includes fast and efficient data entry, through its user-friendly design, user-defined transaction templates, automatic code completion, automatic reversing, and accrual capabilities, among many other features.

Key features include:

• Flexible and powerful reporting structure
• Excellent multi-currency capabilities
• Accounting triggers automate month end
• Full integration with all other AGRESSO modules
• Consolidation
• Allocations
• Multiple budgets

Accounts Payable is fully integrated with General Ledger, Purchasing, Inventory Management Contract Accounting as well as Project and Payroll. It supports user-defined payment terms. Accounts Payable provides the vital information about your vendors and their accounts in one vendor master file.

The precise make up of each vendor account, including the amounts owed and how long debts have been outstanding is instantly available. In addition to this standard vendor information, Accounts Payable can be tailored to track the specific information your organization needs. Workflow in Accounts Payable allows you to scan invoices centrally and then electronically distribute them for approval.

Benefits:

• Integration of modules eliminates the need for re-keying data, saving time and eliminating errors
• Standardization of transaction entry screens reduces training requirements
• Wealth of functionality beyond the basic utilities expected of an Accounts Payable system provides support for a variety of business practices and legal requirements in different countries, improving accuracy, saving time and increasing productivity
• Enables visibility over creditors for planning and optimized cash flow and liquidity, as well as maintaining good relationships with suppliers
• Centralization of functionality leads to decreased document circulation time and enables responsibility to be delegated to relevant personnel, irrespective of location · Process automation and easy access to shared documents simplify approval decision making
• Improved archive management permits better use of space and storage cost savings
• Tight financial control as invoices and other documents are distributed according to sophisticated, yet comprehensive, rules

The Accounts Receivable application covers both the cash collection functionality and the provision of supporting non-financial customer information. It is fully integrated with General Ledger, Fixed Assets, Project Invoicing and Free Text Invoicing. Accounts Receivable has automated procedures for producing reminder letters and charging interest on late payments so you can recover receivables before they are bad debts. Any interest charged is automatically posted to the General Ledger.

Benefits:

• A variety of credit control tools enable effective monitoring and recovery of debts
• Visibility over debtors in order to plan and optimize cash flow and liquidity
• Integration of modules eliminates the need for re-keying data
• Standardization of transaction entry screens reduces the training requirement

Bank Reconciliation Overview

Bank Reconciliation contains routines for both manual and automatic bank reconciliation in the General Ledger against bank statements. You can reconcile at any time. Reconciliations have a full audit trail. You can inquire about previous reconciliations, reprint the reports at any time and have the ability to correct historic items. Bank Reconciliation can handle multi-company, multi-bank, multi-statement and multi-currency.

Throw those spreadsheets away. This newly developed module allows you to easily track investment activity down to the fund level and is fully integrated with the General Ledger. Investing/Divesting (purchase/sale) is automatically calculated per participating fund, based on available cash and payout to be re-invested.

Distribution of payout, earnings, realized and unrealized gains/losses, etc. is calculated and distributed down to the fund level, based on the fund's level of participation. All activity, per investment and fund is recorded and can be viewed at any time.

Control settings allow you to define the rules regarding how and when payout is to be distributed and which funds should receive the payout. Control settings also allow you to specify automatic sale of units should participating funds go into deficit. There are also settings that allow you to define a minimum initial buy in level per investment or fund.

AGRESSO Business World is a fully integrated and innovative financial system used by over 2,300 organizations worldwide. Agresso's North American offices are in Victoria, British Columbia; Dallas, Texas; and Los Angeles, California. Agresso is a wholly owned subsidiary of Unit 4 Agresso. Headquartered in the Netherlands, Unit 4 Agresso is listed on the Dutch Stock Exchange and employs about 2,000 professionals and staff worldwide. Unit 4 Agresso is a leading international producer of business software for service companies and organizations and supplier of security software reaching US $443 million in revenues in 2005. In November 2005, Agresso was awarded its largest contract in its history by the UK Department for International Development for the delivery and implementation of a new software system with a value of over $20 million.