Financial Accounting Software

Las Vegas, NV (PRWEB) January 29, 2008 — Knowledge Infusion, the recognized consulting authority on human resource and talent management technology solutions that drive human capital management business value, today at the Knowledge Infusion “I Am KI” Company Meeting, announced they have been cited by HR World as a Top 25 HR Influencer of 2007. The Center of Excellence was listed as a leading organization bringing content, collaboration, consulting, and community for the HCM industry. In addition Jason Corsello, Vice President of the Center of Excellence was called out for his Human Capitalist blog, providing knowledge, strategies, and in-depth analysis of current issues.

Formally launched in October of 2007, the Center of Excellence is now being accessed by executives and HR professionals in over 60 countries. The only service of its kind, the Center of Excellence allows organizations to sustain their competitive advantage through ongoing intelligence, best practices, and collaboration, all backed by real-world practices from consulting engagements with over 150 global organizations.

New research being released this quarter and available to premium members includes:
* Growing a Viable LMS Governance Model
* Lifting the Fog Around SaaS, Hosted & On Premise Human Capital Management Solutions
* Don’t Forget Talent Management Governance
* Transforming and Evolving Your Performance Management Process
* The Who, When, What, Where, How of Workforce Planning
* Building Bench Strength Through A Talent Pipeline

“The Center of Excellence was built for the entire HCM community and we are thrilled to see the value that it is already providing,” said Jason Corsello, Vice President of the Knowledge Infusion Center of Excellence. “We appreciate the recognition from HR World and look forward to continuing to build out the site with innovative content and opportunities for organizations to collaborate and help each other drive the strategic direction of HR.”

“Knowledge Infusion is proud to be recognized as an innovator in HR technology consulting,” said Jason Averbook, Knowledge Infusion Chief Executive Officer. “At the I Am KI meeting in Las Vegas, the Knowledge Infusion family is celebrating our growth and success from the past year and looking forward to helping the entire HCM community drive success through HR technology.”

Colorado Springs, CO (PRWEB) January 29, 2008 — The global investment advisory firm and ETF specialist, Chartwell Partners, has launched another global ETFfolio, the World Freedom ETFfolio, which is based on the Index of Economic Freedom published by the Heritage Foundation and the Wall Street Journal.

The index ranks countries based on a grading system that includes ten freedoms such as property rights protection, investment freedom, tax rates, government intervention in the economy, business freedom, freedom from corruption and monetary, fiscal and trade policy. The idea is not just to rank countries but to track movement both up and down and to highlight the proposition that freedom and prosperity are highly correlated.

The World Freedom ETFfolio will join the seven other folios that are available through Chartwell Partners and the Foliofn platform. These folios include the following:

Country Rotation ETFfolio
Global Sector Rotation ETFfolio
World Freedom ETFfolio
Asia Opportunity ETFfolio
Global Long/Short Strategy ETFfolio
Global Opportunity ETFfolio
Global Dividend/Income ETFfolio

In a recent interview, Chartwell Managing Director Carl Delfeld explained that he has followed the Index of Economic Freedom for five years and launched the new ETFfolio because he believes that long-term oriented investors will benefit from a portfolio weighted towards countries that have a high degree of economic freedom. He stated that the “evidence is clear that economic freedom and prosperity go hand in hand and over time should be reflected in stock market performance.”

For the 2008 Index of Economic Freedom, the top ranked countries are:

1 ) Hong Kong
2 ) Singapore
3) Ireland
4 ) Australia
5 ) United States
6 ) New Zealand
7 ) Canada
8 ) Chile
9 ) Switzerland
10 ) United Kingdom

Delfeld also mentioned that he is “very interested in countries that may be ranked rather low but show sharp or steady improvement in the annual rankings.” He noted that the four BRIC countries, which collectively were up 55% in 2007, ranked poorly in the index with Brazil at #101, India at #115, China at #126, and Russia at #134.

Louisville, KY (PRWEB) January 29, 2008 — The champagne has barely lost its chill from ringing in the New Year, but already small business owners are stressing over the looming tax season. But 2008 should be a year to celebrate for those who hate to do taxes and get overwhelmed by accounting and payroll headaches, thanks to newly revamped payroll software from ezPaycheck.

“We intentionally engineered this software for those end-users who are not professional accountants and payroll tax experts,” explains Dr. Mark Ge, President and Founder of ezPaycheck. “You don’t even need to have much knowledge of computers. We believe small business software should be simple - stupid simple - so that owners can focus their time and energy on running their businesses, not trying to figure out how to run payroll software.”

The affordable, super-simple, custom streamlined payroll and tax software - available at http://www.halfpricesoft.com/index.asp - was designed with direct input and guidance from those who use it “in the trenches” every day. The newly upgraded version of the already popular product was updated with new state and federal tax tables, plus other intelligent changes recommended by customers.

“We believe payroll and tax software should be designed for the non-technical people who are actual end-users,” explains Mark Ge, President and Founder of ezPaycheck. “We always keep in mind that our customers are small business owners, not computer whizzes or financial gurus. But that makes them the best possible people to listen to when designing payroll software, so we include them as members of our design team.”

2008 features based on recent customer feedback include fresh new report formats, label changes, and the elimination of minor report display and printout “bugs”. The software can be used to report employee wages and salaries to federal, state, and local agencies, with a duplicate copy for the employee. Users also now have the option of manually adding local tax information for jurisdictions such as California, where this is particularly important.

A sample company database eliminates the need for configuration of the software. You simply install it and it is automatically ready to print the first sample check, on either blank computer checks or preprinted checks. The payroll software automatically calculates Federal Withholding Tax, Social Security, Medicare Tax and Employer Unemployment Taxes, and includes built-in tax tables for all 50 states and the District of Columbia.

With ezPaycheck you can also simultaneously manage payrolls for multiple companies. Thanks to this multi-tasking feature, ezPaycheck software is even used by professional accountants to help process multiple client workloads at the same time. Best of all, the company offers a 30-day free trial. No registration is required and there is absolutely no obligation, giving business owners a good reason to continue celebrating all year long.

Toronto, ON (PRWEB) January 29, 2008 — PROPHIX Software, a leading provider of financial business intelligence and performance management solutions specializing in forecasting, corporate budgeting, strategic planning, consolidation, financial analysis and scorecarding, is proud to be showcasing their software at the ASMI Budgeting & Forecasting Masters 2008 in San Diego, California. The ASMI Budgeting & Forecasting Masters 2008, the American Strategic Management Institute’s national conference, takes place February 11-13, 2008 at the Crown Plaza San Diego.

The American Strategic Management Institute will bring together the nation’s leading experts at Budgeting and Forecasting Masters 2008 while featuring tools for deploying cutting edge budgets and methodologically-advanced forecasts that maximize overall success. PROPHIX will be discussing the virtues of its entire suite of financial performance management solutions, including PROPHIX for SQL Server™, PROPHIX Enterprise and PROPHIX Express, throughout the event.

PROPHIX is also proudly sponsoring an informative session entitled “Aligning Strategic Planning to Financial Modeling”, presented by Gary Schwertly, CFO of The Anthony Robbins Companies. During this session Gary will:

- Review a 10-step method that guarantees a successful strategic plan is conveyed and acted on
- Align the strategic plan to the financial plan, making it a living document
- Ensure forecasts are reflective of current conditions as market forces change and the strategic plan is effected

“The ASMI Budgeting & Forecasting Masters 2008 is an excellent opportunity for us to meet other budgeting and forecasting leaders and to share our expertise with those in need of enhanced budgeting and forecasting methods,” says Nicole Laplante, Marketing Manager at PROPHIX Software. “Organizations require the ability to manage complex financial functions. Some of these functions include consolidation, job costing, allocations and currency management. PROPHIX allows you to easily handle the many variables involved in performing these complex financial analyses.”

About PROPHIX Software
PROPHIX Software is a leader in delivering performance management solutions including budgeting, planning, forecasting, reporting, consolidation, personnel planning and other advanced financial functions. PROPHIX Software maintains an outstanding reputation with its customers by consistently delivering tangible value and exceptional ROI, with a lower total cost of ownership.

San Bruno, CA (PRWEB) January 29, 2008 — Nomis Solutions the leader in Profit-based Pricing for banking and finance, today announced its participation in the American Financial Services Association’s (AFSA) Vehicle Finance Conference and Exposition, held February 6-8 at the Palace Hotel in San Francisco. At the event, Nomis Solutions will be showcasing its award-winning Nomis Price Optimizer and participating in a roundtable discussion titled, “Using Innovative Strategies & Technologies to Fuel Growth,” which includes executives from AmeriCredit Corp., Toyota Financial Services and GMAC Financial Services.

“Nomis Solutions is proud to take a leadership role in this year’s AFSA Vehicle Finance Conference and we’re looking forward to demonstrating how auto finance executives can leverage pricing optimization technology to positively impact bottom line results by better executing their pricing strategies,” said Frank Rohde, chief marketing officer and vice president of product management at Nomis Solutions. “As auto finance executives enter a year marked by declining margins, increasing losses, and forecast volume drops, managing profitability through price optimization is becoming more and more important. In these tougher times, successful auto finance organizations are leveraging a price optimization platform flexible enough to forecast various economic scenarios, simulate various pricing scenarios, and deliver optimized rates that respond to market changes or competitive moves within their operational constraints.”

The roundtable discussion will focus on how vehicle finance companies can find opportunities for growth, better respond to changes in the market, and more effectively cater to their dealers and customers needs while differentiating themselves from the competition. This discussion will occur on Thursday, February 7, from 4:00 - 5:15 p.m. and will be moderated by Gregory Arroyo, executive editor for F&I Management and Technology Magazine. Mr. Rohde of Nomis Solutions will participate alongside Preston Miller, Co-COO of AmeriCredit Corp., Shaun Coyne, CIO of Toyota Financial Services and Donna V. Cheesebrough, VP & CIO NAO of GMAC Financial Services.

“As the auto finance market changes, companies must utilize advanced technology to better understand how to compete, manage their dealer and customer relationships, and deliver the right information at the right time,” said Mr. Arroyo. “This year’s conference is taking place as the auto finance industry is undergoing a tidal wave of change at every level. Our discussion will provide insight into what today’s market leaders are doing to address increased competitive pressure and greater regulatory demands while still managing to profitably grow their business.”

Another highlight of the three-day AFSA Vehicle Finance Conference includes the keynote presentation on Friday, February 8 by The Honorable John William Snow, Chairman of Cerberus Capital Management, L.P., and Former Secretary of the Treasury. Mr. Rohde, who will be introducing Mr. Snow, commented, “This year’s AFSA Vehicle Finance conference will bring industry leaders together to engage in dialogue about how to deal with the volatile vehicle lending environment and manage profitable growth. Mr. Snow’s presentation on the economic and competitive conditions will illuminate the need for the vehicle finance industry to embrace new strategies and technologies in order to survive and thrive in tomorrow’s marketplace.”

The Nomis Price Optimizer Suite™ moves banks and finance companies beyond risk-based pricing practices to a more advanced approach that enables pricing managers to better tailor rates to various segments and markets, to quantify and gain valuable insights about customer preferences and to transition to a more consistent, repeatable and efficient pricing process. Currently deployed at more than 10 banks and finance companies worldwide, such as Abbey, AmeriCredit, HBOS, and Washington Mutual Bank, the award-winning Nomis Price Optimizer optimizes more than $4 Billion in consumer lending each month.

Nomis Solutions plans to showcase the Nomis Price Optimizer 3.3 for Auto Finance at this year’s AFSA conference. To schedule a meeting at AFSA to learn more about how Nomis Solutions can help you price smarter to achieve your performance targets, contact 650-588-9800 x233.

About Nomis Solutions
Nomis Solutions is the recognized leader in Profit-based Pricing for banking and finance. Powered by price optimization technology, Profit-based pricing is an innovative approach that enables executives to strategically use pricing to achieve improved financial results, gain insight into customer preferences, and support compliance. The award-winning Nomis Price Optimizer™ Suite is a set of business solutions that combines pricing analytics, optimization, and execution into a comprehensive pricing strategy and process.

The suite includes specific solutions for auto finance, home equity lending, personal lending, mortgage, and deposits. Each solution delivers quick time-to-benefit, increases profits and market share by 10-20%, and provides valuable insights about how customer preferences impact product and portfolio performance, within a strong compliance framework. Select customers include Abbey, AmeriCredit, Ford Motor Credit Company, GE Money, HBOS plc, and WaMu. Headquartered in San Bruno, USA, Nomis Solutions has offices in Charlotte, NC and London, United Kingdom.

Bellevue, Wash. (PRWEB) February 4, 2008 — Guidant Financial Group, a leading provider of self-directed IRA services, announced today the top-five investments made by self-directed IRA holders in 2007. The list was derived by analyzing investments made by more than 600 investors with checkbook control of their IRAs in 2007. Self-directed IRAs are typically used for investments outside the stock market, such as real estate, but they can also be used to purchase traditional securities.

1. Real Estate
Though this grouping encompasses a lot of different types of real estate investments, it definitely stood out as the number one choice for self-directed investors in 2007. Within this category, the most popular real estate investment was residential rental properties. As home values across the nation stalled or dropped, investors moved their funds from appreciative properties to cash-flow investments. A close second to residential rentals were commercial rentals, followed by raw land, appreciative properties and foreign real estate.

2. Private Placement
Many successful companies are not publicly traded - creating additional opportunities for private investors. In 2007, Guidant consultants saw a large number of investors using their retirement funds to make equity investments in privately held companies.

3. Loans/Notes
Looking for a solid return on investment secured by an asset, many investors in 2007 turned to loans and notes. The most popular was the bridge loan, stemming from problems in the mortgage industry and borrowers looking for short-term capital to secure new long-term financing. Other loans/notes leading the pack were hard-money loans and first and second deeds of trust.

4. Tax Liens/Deeds
The perceived security of tax liens and deeds, along with their wide range of purchase prices, made them popular investment choices in 2007. “A lien or deed can be bought for as little as a few hundred dollars and are often secured by real estate,” says David Nilssen, CEO of Guidant Financial Group. “Tax liens can be a great purchase for investors who are just getting started.”

5. Securities
Although most retirement account holders choose a self-directed IRA in order to invest outside the stock market, many account holders tend to keep at least some of their money in the securities market. This helps diversify their portfolio and cushion any major shifts in their other investments. Stocks were clearly the most popular security investment; however, bonds, mutual funds, ForEx, and foreign currency CDs were also investments commonly pursued by self-directed investors.

“Despite the volatility of the real estate market, investments in that arena were still the most popular among our clients and those exploring our services,” says Nilssen. “Most people own a home or know someone who has invested successfully in real estate, so it is an obvious place to start when looking for alternatives to the securities market. Aside from the obvious ability to truly diversify retirement funds, one of the greatest benefits to holding self-directed IRAs is their flexibility, which allows investors to profit in virtually any market situation.”

About Guidant Financial Group

Guidant Financial Group is the premier provider of self-directed IRAs and business-funding solutions through IRAs and 401(k)s. Guidant’s services allow investors the freedom to make investments in real estate, franchises, businesses, tax liens and more by accessing their retirement accounts without penalty before retirement age.

Santa Ana, CA (PRWEB) February 4, 2008 — Westover Financial, Inc., middle-market equipment financing and leasing company, announced the formation of another, niche-specific, equipment financing division, Westover Hospitality Equipment Finance. This is another in a series of planned business unit additions for 2008. It stems directly from the success of Westover Medical Equipment Finance launched in August of 2007, to serve the medical, dental, hospital/medical center and other commercial medical customers. It will fill the pressing need for creative, structured and economical equipment financing and leasing solutions sought by the restaurant, hotel, motel and leisure industry.

This division will provide equipment financing and leasing solutions to many of the problems routinely encountered in the hospitality industry. It will provide access to different lenders on behalf of it’s clients and equipment vendors, to accommodate a variety of equipment financing or leasing scenarios unique to this particular industry. Many of which cannot be accommodated by conventional lenders such as banks.

“We are becoming a well defined niche-player in several industries,” said Steve Jones, President of Westover. “So once again, it makes sense for us to dedicate specialized resources to a specific market, since we believe that there is significant growth ahead. We also expect that the current liquidity issues facing banks and other traditional lenders may open up opportunities for us.”

In conjunction with this, a new company Web site, www.westoverhospitalityequipmentfinance.com, has been completed and is available for customers, hospitality equipment vendors and potential clients as well.

Westover Financial, Inc., headquartered in Santa Ana, CA, was founded in 1984 and has funded over $500,000,000. in equipment purchases for commercial entities. It serves the needs of customers and equipment vendors nationwide from the home office, as well as branch offices in San Francisco, Tampa, Austin and Los Angeles.

From it’s web site, www.westoverhospitalityequipmentfinance.com, they are offering a free “Hospitality Equipment Financing Newsletter” issued quarterly, and a free “Insider’s Checklist When Financing/Leasing Hospitality Equipment”. This helps owners and decision-makers save time and money when engaging in this process.

For more information contact Steve Jones at Westover Financial, Inc 400 N. Tustin Ave. #140 Santa Ana, CA 92705; or 800-982-5868 x104

New York, NY (PRWEB) February 19, 2008 — Financial solutions experts, eBusiness Lending, can analyze the most complex lending scenarios presented by clients with diverse funding requirements.

Today’s market presents potential borrowers with an array of financial choices. These choices are also coupled with a complex set of lending requirements, which sometimes lead borrowers down a financial path to a dead end.

Whether assessing a private equity strategy or a business line of credit, eBusiness Lending can help predetermine loan amounts and thus project loan approval by analyzing a borrower’s profile, risk, debt ration and UCC code.

Through its premier underwriting software, eBusiness Lending prepares 3 reference loan applications for $499, with required annual gross revenues, required personal income and required time in business to minimize the guesswork and credit inquiries for small business owners being approved. The analysis that eBusiness Lending uses to determine a borrower’s credit risks, minus the borrower’s business and personal credit report, are keys to a successful loan approval.

eBusiness Lending provides this valuable service through its website, http://www.ebizlines.com, so you can begin the process immediately. Borrowers simply login, complete the online application and submit it for review. The funding analysis process is completed within a few business days. “We arm borrowers with the knowledge they need to feel confident in the lending process,” said Anthony Norris, Senior Vice President of eBusiness Lending.

eBusiness Lending assists companies around the world with financial transactions; ranging from private equity funding and corporate leveraged buyouts, business lines of credit and start up funding for a variety of industries.

Mission Viejo, CA (PRWEB) February 20, 2008 — The new Economic Stimulus Plan signed last week by President Bush, could have the effect of lowering lease rates for corporate borrowers as leasing companies pass on the benefits to their customers.

A provision included in the stimulus plan was “Bonus Depreciation” a term used to describe accelerated depreciation of purchased equipment that exceeds $250,000. The main benefit of this provision is to give businesses an opportunity to accelerate the depreciation of a large purchase.

Normally, if a company acquired $1,000,000 in equipment, the company could claim depreciation in the first year of $200,000 (20% of $1 million). However with the new Bonus Depreciation, that same company could deduct $600,000 in the first year (a 50% Bonus depreciation of $500,000, plus $100,000 which is 20% of the $500,000). The remaining cost can be depreciated over the remaining recovery period.

In a research note to clients, The Optimus Group strongly recommended that Corporate Finance and Treasury departments consider how this new legislation could reduce their corporate borrowing rates as leasing companies may be inclined to pass on the economic benefit of accelerated depreciation on to its customers.

The Optimus Group (optimusgroup.com) is an independent financial advisory firm that negotiates with leasing companies and banks on its clients’ behalf. The Optimus Group is NOT a leasing company. In most cases, The Optimus Group, through its expertise in lease/loan contracts, would be able to reduce total lease expenses by at least 10% to 15%. A typical Optimus Group client invests over $5 million in new equipment annually and is the company CFO or Treasurer.

Pittsburgh (PRWEB) February 21, 2008 — Small business owners will be able to process their payroll from start to finish with a faster, more accurate and less expensive approach through an online payroll service now offered by PNC Bank.

Employee pay can be the single largest payment that a small business will make on a bi-weekly or monthly basis. With PNC Online Payroll, small business owners can enter payroll information, access detailed tax reports and calculate paychecks instantly to pay employees at any time and from any location where Internet access is available. It also simplifies payroll tax filing by automatically calculating all payroll taxes and sending users e-mail reminders when payroll tax filings are due, enabling easy electronic payment and filing. The service, provided by PayCycle®, allows most small business owners to run payroll in less than six minutes.

In addition, PNC Online Payroll is a complete solution that offers small businesses:
* Direct deposit at no additional charge
* Option to pay employees via paper checks
* Employment tax support
* Free W-2 processing
* Employee access to electronic pay stub information
* Detailed payroll reports
* Integration with popular business accounting software packages, such as QuickBooks, Quicken, Peachtree and Microsoft Money
“The adoption rate of online banking services is growing, and small businesses continue to look for ways to operate more efficiently - especially in managing their cash flow,” said Jeffrey Schmidt, who oversees PNC’s small business banking division. “The introduction of a faster, more convenient and cost-effective service to manage and execute the payroll process gives small business owners another innovative opportunity to automate their day-to-day back-office tasks so they can spend more time on building their business.”

PNC Online Payroll provides an affordable payroll solution to small business owners for $39.99 per month for up to five employees with an added $1.99 per month for each additional employee. Accessed through a protected online banking site, it is another example of PNC’s use of technological advances for customer solutions. In 2006, PNC launched a remote deposit service to simplify small business accounts receivables duties and to minimize branch visits.

With over 60,000 small businesses on the PayCycle service, PayCycle is America’s #1 online payroll service. PayCycle’s unique “Do-It-With-YouSM” (DIWYSM) technology platform guides customers through the entire payroll process from paychecks to W-2 forms. By integrating with leading small business accounting packages, PayCycle eliminates the hassle of data re-entry. PayCycle is committed to providing outstanding customer service and since its founding in 1999 has received numerous awards and was recently named a finalist for the 2007 American Business “Stevie” Award for “Most Innovative Company” and “Best Customer Service.”

PNC Bank is a member of The PNC Financial Services Group, Inc. (NYSE: PNC), which is one of the nation’s largest diversified financial services organizations providing consumer and business banking, including specialized services for small business owners, such as online payroll services; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services.