Omaha, NE, October 26, 2001 - Profitstar, Inc., a leading financial management solutions company, today announced the release of 2001b, an enhancement to the PROFITabilityTM version of the Suite model.The new version allows greater flexibility in setup of rules and methods that are entity specific.The Profitstar Suite provides a comprehensive financial management model that helps users make better decisions and build bottom lines through powerful,but simple software applications.
Numerous features have been added to the PROFITability Suite version, including the ability to allocate different organization units in ways specific to each organization as well as the ability to setup different rules and methodologies that are also specific to each financial institution and its needs.These enhancements and others add more functionality and ease of use to the Suite model.2001 Version b in PROFITability also allows Funds Transfer pricing on a more precise level by assigning margins to an individual record versus weight average grouping.This particular feature will save users time in setup and provide greater flexibility in the model.
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