NetLedger Launches NetLedger 1 System(TM)

Web-Based Package Creates New Category of Integrated Small Business Management



Apr 20, 2001, 01:00 ET from NetLedger, Inc.

    SAN MATEO, Calif., April 20 /PRNewswire Interactive News Release/ --
 NetLedger, Inc., the leader in Web-based solutions that streamline small
 businesses and help them succeed, today announced the unveiling of
 NetLedger 1 System. Building on its dominance in online accounting, NetLedger
 is the first and only company in its category to deliver one complete,
 integrated small business system. Using NetLedger 1 System, small businesses
 can save time and money; access up-to-the-minute information to make better
 business decisions; and strengthen and extend business relationships using the
 Internet.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010420/SFF012LOGO )
     NetLedger 1 System gives small businesses the ability to manage all
 aspects of their company including accounting, payroll, bill pay, Web site
 & Web store, customer & supplier relationships, order processing, inventory,
 time & billing, expense reporting, and more. Built from the ground up as one
 integrated application, NetLedger 1 System allows information to flow
 instantly and automatically between all areas of the product.
 
     -- When an employee enters an expense report, it automatically flows to
        his or her supervisor for approval, and to accounting for processing.
        The process completely eliminates paper work and duplicate data entry.
     -- Products and services that a user sets up in accounting can be
        published to the user's Web site or Web store with a click of the
        mouse.
     -- If a customer registers for information on a NetLedger user's Web site,
        he or she automatically becomes a prospect in CRM for fast follow-up by
        the user's sales department.
     -- When a visitor places an order in a NetLedger user's Web store, it
        instantly creates a sales order and a packing slip so that it can be
        quickly shipped, and it also creates a customer record in CRM so that
        the user's sales and service teams have a complete transaction history
        for the customer.
 
     The challenges of running a business are the same whether one runs a big
 business or a small business. In both cases, multiple, incompatible
 applications can waste valuable time and money. Now NetLedger 1 System solves
 those problems for small businesses and gives them the tools to do what they
 enjoy doing - building a great business. For millions of small businesses
 NetLedger 1 System levels the playing field with big businesses like never
 before.
     "The idea of one application to run your entire business is not new," said
 Evan Goldberg, president and CEO of NetLedger, Inc. "But what is revolutionary
 is this power is now within reach of any small and mid-sized company with
 NetLedger 1 System. A smart business today understands that using many
 different applications that don't work well together only results in more
 headaches. NetLedger 1 System is the first and the only product specifically
 designed to solve this problem."
     "NetLedger 1 System will help small businesses better manage their
 internal operations, as well as more effectively market and sell their
 products and services," said Amy Levy, Industry Analyst at Summit Strategies,
 Inc., a Boston-based analyst firm. "By providing customers with a fully
 integrated application, NetLedger has proven that it both understands the
 needs of small businesses and that it can deliver highly relevant solutions to
 address those needs."
     NetLedger 1 System includes all of the following services for $99 per
 month. That is 76% off the price of the services purchased separately.
 
     -- NetLedger Accounting/5 users
     -- NetLedger Payroll/per company
     -- NetLedger Online Bill Pay/20 checks per month
     -- NetLedger Web store/Web site/per company
     -- NetLedger CRM/5 users
     -- NetLedger Employee Center/up to 25 employees
     -- Customer Support/Premium Support
 
     "I have been waiting for a system like NetLedger for a long time," said
 Arun Deva, president of CPAMoneyWatch.com, LLC, an Internet-based business
 service provider based in Bethesda, MD. "I have tremendous confidence in
 NetLedger 1 System and I believe that it is going to win a huge customer base.
 We have bought 10 packages of NetLedger 1 System."
     Users can run NetLedger 1 System on all major browsers and operating
 systems, with anytime, anywhere access.
 
     About NetLedger
     Founded in 1998, NetLedger, Inc. is the leader in Web-based solutions that
 streamline small businesses and help them succeed. NetLedger 1 System includes
 NetLedger Accounting, NetLedger Payroll, NetLedger Online Bill Pay, NetLedger
 Web store/Web site, NetLedger CRM, NetLedger Employee Center and NetLedger
 Premium Customer Support. NetLedger also provides enhanced, integrated
 solutions to small businesses through its strategic partnerships including
 Yahoo! Inc., Automatic Data Processing Inc., OfficeMax, OneCore.com,
 Stamps.com, New England Business Service, Paytrust, and Innovative Merchant
 Solutions. For more information about NetLedger visit the Web site at
 www.netledger.com or call 800-NetLedger. NetLedger has recently won PC
 Magazine Editors' Choice Award, PC World Best Bet and Ziff Davis Smart
 Business MVP 2001 Award, and ASPNews.com Top 20 ASPs Award.
 
     NOTE:  NetLedger is a trademark of NetLedger, Inc.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X62935147
 
 

SOURCE NetLedger, Inc.
    SAN MATEO, Calif., April 20 /PRNewswire Interactive News Release/ --
 NetLedger, Inc., the leader in Web-based solutions that streamline small
 businesses and help them succeed, today announced the unveiling of
 NetLedger 1 System. Building on its dominance in online accounting, NetLedger
 is the first and only company in its category to deliver one complete,
 integrated small business system. Using NetLedger 1 System, small businesses
 can save time and money; access up-to-the-minute information to make better
 business decisions; and strengthen and extend business relationships using the
 Internet.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010420/SFF012LOGO )
     NetLedger 1 System gives small businesses the ability to manage all
 aspects of their company including accounting, payroll, bill pay, Web site
 & Web store, customer & supplier relationships, order processing, inventory,
 time & billing, expense reporting, and more. Built from the ground up as one
 integrated application, NetLedger 1 System allows information to flow
 instantly and automatically between all areas of the product.
 
     -- When an employee enters an expense report, it automatically flows to
        his or her supervisor for approval, and to accounting for processing.
        The process completely eliminates paper work and duplicate data entry.
     -- Products and services that a user sets up in accounting can be
        published to the user's Web site or Web store with a click of the
        mouse.
     -- If a customer registers for information on a NetLedger user's Web site,
        he or she automatically becomes a prospect in CRM for fast follow-up by
        the user's sales department.
     -- When a visitor places an order in a NetLedger user's Web store, it
        instantly creates a sales order and a packing slip so that it can be
        quickly shipped, and it also creates a customer record in CRM so that
        the user's sales and service teams have a complete transaction history
        for the customer.
 
     The challenges of running a business are the same whether one runs a big
 business or a small business. In both cases, multiple, incompatible
 applications can waste valuable time and money. Now NetLedger 1 System solves
 those problems for small businesses and gives them the tools to do what they
 enjoy doing - building a great business. For millions of small businesses
 NetLedger 1 System levels the playing field with big businesses like never
 before.
     "The idea of one application to run your entire business is not new," said
 Evan Goldberg, president and CEO of NetLedger, Inc. "But what is revolutionary
 is this power is now within reach of any small and mid-sized company with
 NetLedger 1 System. A smart business today understands that using many
 different applications that don't work well together only results in more
 headaches. NetLedger 1 System is the first and the only product specifically
 designed to solve this problem."
     "NetLedger 1 System will help small businesses better manage their
 internal operations, as well as more effectively market and sell their
 products and services," said Amy Levy, Industry Analyst at Summit Strategies,
 Inc., a Boston-based analyst firm. "By providing customers with a fully
 integrated application, NetLedger has proven that it both understands the
 needs of small businesses and that it can deliver highly relevant solutions to
 address those needs."
     NetLedger 1 System includes all of the following services for $99 per
 month. That is 76% off the price of the services purchased separately.
 
     -- NetLedger Accounting/5 users
     -- NetLedger Payroll/per company
     -- NetLedger Online Bill Pay/20 checks per month
     -- NetLedger Web store/Web site/per company
     -- NetLedger CRM/5 users
     -- NetLedger Employee Center/up to 25 employees
     -- Customer Support/Premium Support
 
     "I have been waiting for a system like NetLedger for a long time," said
 Arun Deva, president of CPAMoneyWatch.com, LLC, an Internet-based business
 service provider based in Bethesda, MD. "I have tremendous confidence in
 NetLedger 1 System and I believe that it is going to win a huge customer base.
 We have bought 10 packages of NetLedger 1 System."
     Users can run NetLedger 1 System on all major browsers and operating
 systems, with anytime, anywhere access.
 
     About NetLedger
     Founded in 1998, NetLedger, Inc. is the leader in Web-based solutions that
 streamline small businesses and help them succeed. NetLedger 1 System includes
 NetLedger Accounting, NetLedger Payroll, NetLedger Online Bill Pay, NetLedger
 Web store/Web site, NetLedger CRM, NetLedger Employee Center and NetLedger
 Premium Customer Support. NetLedger also provides enhanced, integrated
 solutions to small businesses through its strategic partnerships including
 Yahoo! Inc., Automatic Data Processing Inc., OfficeMax, OneCore.com,
 Stamps.com, New England Business Service, Paytrust, and Innovative Merchant
 Solutions. For more information about NetLedger visit the Web site at
 www.netledger.com or call 800-NetLedger. NetLedger has recently won PC
 Magazine Editors' Choice Award, PC World Best Bet and Ziff Davis Smart
 Business MVP 2001 Award, and ASPNews.com Top 20 ASPs Award.
 
     NOTE:  NetLedger is a trademark of NetLedger, Inc.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X62935147
 
 SOURCE  NetLedger, Inc.