Peachtree Refers Small Businesses to FTRANS Via New Analytics Software

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Wed May 27, 2009 10:00am EDT

New Business Analytics Program Powered by iLumen Offers FTRANS' Services to
Small Businesses Struggling with Access to Capital, Cash Management & High Day
Sales Outstanding

Co-Founder of Peachtree Software John B. Hayes Pioneers New Solution for SMBs
Needing Quick Access to Capital

ATLANTA, May 27 /PRNewswire/ -- FTRANS Corp., a leading provider of complete
accounts receivable outsourcing and credit management solutions, today
announced that its services will be recommended to small businesses within the
new Peachtree Business Analytics portal. Originally co-founded by FTRANS
chairman John B. Hayes, Peachtree has developed Business Analytics to allow
small businesses to monitor their company's health and performance, uncover
problems and expose opportunities in addition to analyzing their performance
against industry competition.  This software, scheduled for mass-market
release on June 1st, is developed in partnership with iLumen, a provider of
commercial portfolio management solutions.  

Under the arrangement, Peachtree Business Analytics, developed by iLumen, will
refer its small business customers that fall below the industry's average in
certain cash management metrics such as day sales outstanding (DSO) to FTRANS
for assistance in generating immediate capital and to professionally manage
their credit.  After qualifying for FTRANS' services, small businesses can
then outsource the management of their accounts receivable to FTRANS.  This
unfreezes the business's cash assets that are tied up in accounts receivables
within 3-4 days, allowing small businesses to quickly increase their cash on
hand - all while cutting cost on overhead and even increasing sales
opportunities.  

"Peachtree's Business Analytics software is a great tool for small businesses
to track their performance against industry competition," said John B. Hayes,
Founder & Chairman of FTRANS. "When I co-founded Peachtree Accounting in 1974,
our goal was to help small and medium sized business owners achieve superior
business results.  Today, the priority for FTRANS is no different. And our
relationship with Peachtree & iLumen allows us to accomplish these goals - by
helping small businesses access capital that is tied-up in their accounts
receivable."

Founded in 2004, FTRANS outsources a business' accounts receivable processes
to simplify the tasks involved with customer credit administration, reduce
risk, increase cash availability and facilitate growth. Through partnerships
with banks and other financial intermediaries, FTRANS enables financial
institutions to more efficiently lend against outsourced accounts receivables.

"FTRANS services are ideal for small business owners who require help
accessing assets tied up in accounts receivable," said Loren Eckert, Executive
Vice President of iLumen.  "We're excited about the value FTRANS can provide
to the millions of small business owners utilizing Peachtree's new Business
Analytics software." 

About FTRANS
FTRANS Corp., located in Atlanta, GA, provides innovative technology solutions
for businesses and financial institutions.  We provide a complete accounts
receivable and credit management solution which enables businesses to operate
more efficiently and with greater access to capital.  From payment matching
and account reconciliation to credit approvals, access to capital, and
collections - FTRANS has the tools businesses need to achieve superior
business results. We provide financial institutions with a program that
enables them to lend to small and medium sized businesses with accounts
receivable as professionally managed and transparent collateral for banks.


SOURCE  FTRANS Corp.

Evan Goldberg, Horn Group, +1-646-202-9768, egoldberg@horngroup.com, for
FTRANS Corp.
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