DM2 SOFTWARE LAUNCHES ‘CREDITALERTS’ CREDIT-MANAGEMENT SOFTWARE

Automatically monitors customers’ credit status, and can prevent an order or delivery from being processed

VANCOUVER WA, November 12, 2003: DM2 Software has launched its CreditAlerts credit-management software that automatically monitors the credit status of a petroleum distributor’s customers and can delay or halt an order from or delivery to a credit risk until the credit issue is resolved. By identifying good and bad credit risks in the normal course of transaction processing, distributors can focus their efforts on handling credit exceptions rather than analyzing every transaction. It also requires petroleum distributors to resolve the credit issues immediately, rather than delaying them.

CreditAlerts works “behind the scenes” to introduce a set of credit checks into existing, routine order-processing functions. This ensures that the credit manager’s decisions are applied consistently throughout the company’s operational workflow (order entry, dispatch and delivery, and payment processing). It does not change operator workflow or require the distributor to retrain the office staff.

CreditAlerts uses standard e-mail protocols to offer both transaction-blocking (performed automatically by the software) and notification features. The system can prevent an order or delivery from being processed or send e-mail notification of a pending transaction to help enforce the company’s credit policies.

“The petroleum distributor’s ability to turn a profit—or even survive—can be a matter of his effectiveness at managing credit and collections,” said Carl Dalton, DM2’s vice president of sales. “CreditAlerts helps the distributor diminish the effects of slow payment, high receivables and the costs of debt collection.”

CreditAlerts has helped a large jobber reduce its receivables by $2 million, thereby saving more than $100,000 in cost of capital since it began using the product as a beta testing site.

For more information about DM2 Software’s CreditAlerts, contact DM2 Software at 800-866-5151, info@dm2.com.

ABOUT SAGE SOFTWARE
Sage Software offers leading business management products and services that give more than 2.3 million small and mid-sized customers in North America the insight for success throughout the lives of their businesses. Its parent company, The Sage Group plc (London: SGE.L), supports 4.3 million customers worldwide. For more than 25 years, Sage Software has delivered easy-to-use, scalable and customizable applications through its portfolio of leading brands, including Abra, ACCPAC, ACT!, BusinessVision, CPASoftware, FAS, MAS 90, MAS 200, MAS 500, MIP, Peachtree, SalesLogix, Timberline, among many others. For more information, please visit the Web site at http://www.sagesoftware.com/company/

ABOUT DM2 SOFTWARE
Founded in 1989, DM2 Software provides accounting, tax, automated fuel billing and other business management software for more than 300 petroleum, fuel oil, propane and lubricant distributors throughout the United States. DM2's petroleum industry-specific modules include Rack-plus Pricing, Excise Tax Reporting, CardLock Billing, Bill of Lading Processing, and Blending and Repackaging. The company is an authorized reseller of the MAS 90 and MAS 200 accounting software programs from BEST Software Inc., Irvine CA.

DM2's customers enjoy the power of Windows, choices of popular operating systems, and access to "best of breed" reporting tools like Crystal Reports. By focusing its extensive petroleum development knowledge around MAS 90 and MAS 200, DM2 gives its customers a strong petroleum-specific solution within a world-class accounting system.

For more information about DM2 Software and its products, contact:
DM2 Software, Inc.
7700 NE Greenwood Drive
Suite 200
Vancouver, WA 98662
800-866-5151
contactdm2@dm2.com