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Emagia Announces Release of Cash Inflow Manager Version 4

Introducing a powerful combination of business intelligence and process automation for managing receivables Santa Clara, Calif. November 4, 2003 - Emagia Corporation, the leading cash flow management solution provider, today announced the availability of Emagia Cash Inflow Manager Version 4, the latest version of its receivables management solution. Cash Inflow Manager was previously known as Emagia Collaborative Finance Suite. Emagia Cash Inflow Manager 4 is the first in the industry to offer an integrated receivables management solution that brings together business intelligence and process automation for the entire financial value chain around receivables. This product is the first to deliver a cash flow analytics dashboard to executives in finance, credit and collections while delivering significant productivity improvement tools for credit and collections staff. Cash Inflow Manager 4 offers extended functionality in the areas of collections management, cash forecasting, receivables, deductions management and electronic invoicing and payment.

Cash Inflow Manager 4 enables companies to gain key insight into receivables management, increase productivity and dramatically improve cash flow predictability. The highlights of Emagia Cash Inflow Manager 4 include:

• Cash Flow Analytics Module: Rich, multi-dimensional analytics and performance trends reporting capabilities. This new module delivers powerful Key Performance Indicators that allow close monitoring of invoice-to-cash processes. It offers CFOs, treasurers, controllers, finance, credit and collections managers the ability to make insightful and timely business decisions.
• Multi-ERP Consolidation Platform: Consolidation of receivables information from multiple, disparate ERP systems into a single instance of Emagia's software through a multi-enterprise application integration bus. This provides robust infrastructure for running geographically dispersed credit and collections groups from a single enterprise server. Companies with global operations and shared service centers gain significant efficiencies with Cash Inflow Manager 4.
• Credit/Debit Matching: The deductions management module has been enhanced to include full and partial matching of credits and debits. Ideally suited for retail suppliers, consumer packaged goods companies and other manufacturers, this functionality provides a significant leap in productivity for credit and collection departments.
• Additional feature enhancements include extended functionality for cash forecasting, strategy-driven collections, collector's workbench, deductions management and Emagia's dynamic reporting engine.

"Emagia has always focused on delivering leading-edge functionality that can bring tremendous cash flow advantage to its customers, " said Veena Gundavelli, Emagia's chief strategy officer. "As companies become increasingly focused on predicting future cash flow performance and lowering risk for their shareholders, Cash Inflow Manager 4 delivers dramatically improved visibility into cash flow trends and increased cash conversion efficiency." Several companies including Medtronic, a global leader in medical technology, have embraced Emagia Cash Inflow Manager 4 to realize dramatic improvements in cash flow. The release of Emagia Cash Inflow Manager 4 marks Emagia's continued leadership position as a provider of cash flow management solutions. Emagia's solutions deliver significant results to the bottom line by improving cash flow processes and optimizing working capital. Emagia's customers include Fortune 2000 companies: Solectron, Network Associates, Celestica, Atofina Chemicals, Syngenta, Xilinx and Volt Information Services.

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About Emagia
Emagia Corporation is a privately held company that provides cash flow management software solutions that streamline and automate cash flow processes for medium-to-large enterprises. Emagia's solutions allow companies to realize significant benefits including maximizing cash conversion efficiency, facilitating strong internal controls for financial reporting and improved returns from cash flow management. Headquartered in Santa Clara, California, Emagia's products integrate with SAP, Oracle, BaaN, PeopleSoft, other leading back-office financial systems as well as many legacy systems.


Contact Information
Media contact: Lou Mohanty, Emagia Corporation, (408) 492-8886
Julie O'Grady, Emagia Corporation, (415) 269-1663 or pr@emagia.com
For general information, call 866-EMAGIA-1.

Emagia is a registered trademark of Emagia Corporation.