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Extend Accounting & Business Solutions Seals first Contempus Deal in the US

Silver Spring, MD, June 11, 2007 --  Extend Accounting & Business Solutions, best in practice provider of financial and accounting services, is pleased to announce North America’s first Contempus Master AP accounts payable automation deal with Property Resources Corporation (PRC). 

PRC, a premier property management company based out of White Plains, New York is a valued client-partner with Extend and is eager to enhance their business operations with the Extend AP solution. 

As Extend is a full service accounting outsourcing provider, PRC has trusted many of their back office accounting duties to Extend for the past five years.  After reviewing their current accounting operations, it was clear that the Contempus Master AP / Extend AP solution will greatly enhance PRC’s accounting functionality and business processes providing PRC with a true best in practice accounts payable solution.  By adding automation as well as the host of other benefits offered by the Contempus software solution, we are confident that PRC will realize the true benefits and value-add our solution offers within the first six months following implementation. “The success of our client’s business is important to us.  PRC is a valuable client-partner and we believe the Extend AP solution will not only make their business processes more seamless but will also free up PRC management allowing them to focus on more value-added business objectives”, Keri Bittner, Managing Director, Extend Accounting & Business Solutions. 

With the implementation schedule currently in the works, we are expecting the project launch to commence mid-June 2007 with a Go-Live date planned early in Q4’07.  “We trust Extend with our business.  They make my life a lot easier. I don't have to worry about accounting at all. I know it's going to be done right.  We are excited about the Extend AP product and are looking forward to the addition to our accounting portfolio”, David Gartenlaub, Executive Vice President, Property Resources Corporation.

Extend is very excited to be the first BancTec partner to acquire clientele in the US.  We extend our sincere thanks and gratitude to BancTec and Contempus for making all the resources available that aided in making this deal possible for Extend.  We are anticipating the launch of this project and are looking forward to many more successes in the near future with the Extend, BancTec and Contempus partnership.

For further information please contact:
Keri Bittner
Managing Director
Extend Accounting & Business Solutions
301-622-7990 x473

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