It’s amazing how fast time flies, and that the new year is already in full swing. As we look back on 2002, we count our blessings. Our major accomplishment in 2002 was the release of our new windows version of fund accounting called Fund Accounting². Since its release, the conversion to this new system has been going very well. Nearly half of our fund accounting clients have converted already. We will continue to convert more clients at a mutually agreeable pace, so be sure to check our website for announcements of conversion workshops.

We have received many compliments on all the great new features that were added to FA². We’re glad to bring you those features – features that many of you have been requesting. To mention just a few:

• Active/inactive accounts

• Order from vendor A and pay vendor B

• “What if” calculations in Payroll

• Multiple methods of searching for employees or vendors

• Distribute direct deposit by amount or percent

• Powerful report writers to build your special reports

• Import from eRequisitions to create a detailed PO in FA²

• Much faster processing in general.

Now that we have completed the extensive development of FA², we can redirect our efforts to other exciting new enhancements, products and services. We are on the verge of releasing major upgrades to our Human Resources² and Remote software, and we are working hard on the new Fixed Assets. Stay tuned for more exciting products to be released in 2003!

Also, in order to serve you better, we have added several new staff members to our support, sales and administrative teams. You can learn more about these new team members elsewhere in this newsletter. If you have questions or comments, please do not hesitate to contact us. That’s why we’re here!
Thank you and have a great new year.

Roger B. Haack
President & CEO