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Press Releases 2004
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Emagia Announces Strategic Alliance with Quote to Cash Process Consulting


Leading Management Consultancy Partners with Emagia to Deliver Value Around Cash Flow Processes and Working Capital Management


Santa Clara, Calif. May 17, 2004 - Emagia Corporation, the leading provider of Enterprise Cash Flow Management software solutions, announced today that Quote to Cash (Q2C) Process Consulting, a premier working capital management consulting firm, has joined the Emagia Alliance Program. In this capacity, Q2C and Emagia will jointly deliver value to customers using a combination of cash flow management best practices and leading edge technology. Q2C is an independent consulting firm that brings deep domain expertise in the quote-to-cash cycle and has successfully completed many business process improvement engagements for industry leading companies.

Together, Emagia and Q2C offer best of breed solutions and best practices focused on maximizing returns from cash flow and improving working capital management. The combination of Q2C's proficiency with helping companies implement world class business processes and Emagia's solutions around receivables management will deliver significant value to Fortune 2000 companies.

"Quote To Cash assists its clients with delivering high impact results in cash flow operations," said John LaRocca, a partner with Q2C. "We accomplish this by providing expertise on improving business processes, guiding corporate strategy on working capital management and helping companies gain maximum benefit from solutions like Emagia. We feel that Emagia offers timely and powerful capabilities that can greatly enhance cash flow processes in many industries."

"Emagia has always focused on improving working capital management for its customers," added Veena Gundavelli, Emagia's chief executive officer. "We continue our commitment to offering superior solutions that allow companies to streamline cash flow functions and reduce working capital expenses. With this objective in mind, we are excited to partner with working capital consulting firms like Quote To Cash."

About Emagia
Emagia Corporation is the leading provider of cash flow management software solutions that streamline and automate cash flow processes for medium-to-large enterprises. Emagia 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. Emagia products integrate with SAP, Oracle, BaaN, PeopleSoft and other back-office financial systems. For additional information, call 866-EMAGIA-1 or visit www.emagia.com


Contact Information
Media contact: Lou Mohanty, (408) 492-8886 or pr@emagia.com

About Q2C Quote To Cash Process Consulting (Q2C) delivers quality solutions that improve companies and financial institutions cash flow, operational efficiency, customer retention and satisfaction. Each Q2C partner or associate is a practitioner with over 25 years of global financial and credit process management experience in a variety of industries. As "senior credit experts" Q2C tackles credit, collections and accounts receivable performance issues from the eyes of an experienced practitioner. They review processes, procedures, reporting, deduction management and organizational alignment. Q2C helps evaluate alternatives in selecting state of the art system solutions. They are expert witness consultants in bankruptcy preference lawsuits. For additional information visit Q2C on the web at http://www.quotetocash.biz

Contact Information:
q2cinfo@quotetocash.biz


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