Software provides electronic document management.

Press Release Summary:



CNG-Books v2.5 enables small and medium sized businesses to file and integrate unlimited amount of business documents to QuickBooks transactions. It ties transaction-specific documents to previously entered transactions, and general documents to vendor or customer. Businesses can input data and file vendor bills, customer payments, and credit card statements into CNG-Books as scanned or faxed images. CNG-Books synchronizes information from QuickBooks using pull-down menus.



Original Press Release:


Cabinet NG Announces CNG-Books 2.5


New CNG-Books offering gives SMB accounting departments using QuickBooks an even more economical way to streamline accounting department document management

Huntsville, Ala., July 19, 2005 - Cabinet NG, Inc. today announced CNG-Books 2.5, the company's latest release of its comprehensive electronic document management software for Intuit (Nasdaq:INTU) QuickBooks 2005. With CNG-Books 2.5, small and medium sized businesses (SMBs) can file and integrate an unlimited amount of business documents to QuickBooks transactions. CNG-Books 2.5 also provides filing capability with or without the use of Cabinet NG's comprehensive document management product, CNG 5.0. As a result, any SMB can enjoy the benefits of using the most advanced electronic document management solution for QuickBooks that easily migrates to CNG 5.0's expansive functionality when required.

CNG-Books works by uniting QuickBooks records (i.e. transactions, vendors, customers) to the supportive business documents, making filing, locating and sharing pertinent information simple and secure. Using CNG-Books, QuickBooks data entry and document filing is performed as a single streamlined and accurate electronic process that saves businesses time and money by cutting paper and reducing errors common to manual processes.

"This is the most comprehensive document management solution we have found that integrates with QuickBooks. It is the only front end data entry solution that seamlessly integrates by recording the transaction in QuickBooks and filing the electronic document as a single process," said Bonnie J Nagayama, CPA - consultant, author, and professional speaker on QuickBooks Accounting Software.

CNG-Books 2.5 further streamlines SMBs document management by tying transaction-specific documents to previously entered transactions, and general documents to a vendor or customer. This results in time saved and better accuracy because all transaction data and associated documentation about a customer or vendor is on-demand, at the user's fingertips. SMBs can input data and file vendor bills, customer payments, and credit card statements into CNG-Books as scanned or faxed images. CNG-Books synchronizes information quickly from QuickBooks, using familiar pull-down menus. With the click of a button, data is correctly entered into QuickBooks and the image is filed. To complete the ease-of-use and effectiveness of CNG-2.5, CNG-Books automatically creates a folder if one does not exist, using the customer/vendor/credit card information obtained from QuickBooks.

"With CNG-Books, our accounting department has become far more productive and effective," said John Triantafelow, founder and president of financial services firm, Triantafelow & Associates. "CNG-Books has streamlined the overall accounting processes and our staff appreciates its simplicity and ease of use. We receive mountains of investment statements every day, and linking them to the correct QuickBooks record for immediate reference is a major benefit. The added efficiency of Cabinet NG enables us to invest our staff's time on building the client's portfolio and not filing paper."

"CNG-2.5 is another milestone in our quest to provide businesses with the most user friendly and feature-rich document management software. By creating a stand-alone version of CNG-Books, we make it even easier for customers to streamline the document management of accounting functions," said Andrew Bailey, president of Cabinet NG. "CNG-Books continues to innovate and deliver efficiencies by combining QuickBooks data entry with the document filing process, making finding and organizing documents a painless and single-step procedure."

CNG-Books pricing corresponds with QuickBooks tiered user groupings: $495 (single user), $995 (5 users), $1,995 (10 users).

More product details can be viewed at:
http://marketplace.quickbooks.com/AppCard/appinfo.asp?AppID=2581&QID=5146960&CatID=210

About Cabinet NG

Cabinet NG solves the "paper cuts profit" problem for small and medium sized businesses (SMBs). Cabinet NG's user-friendly document management software streamlines and automates business processes, delivering gains in office productivity and bottom-line savings. By creating secure electronic file cabinets, Cabinet NG's products turn existing labor-intensive, error-prone, paper-based processes into efficient business workflows. Cabinet NG integrates with SMB's business applications creating a central repository of business information that powers more effective business processes. The company's integrated solution for Intuit's QuickBooks automates accounting activities by merging document filing and data entry into a single process. Cabinet NG is privately held and headquartered near Huntsville, Alabama. For more information, visit www.cabinetng.com.

Intuit, and QuickBooks among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Other trademarks and registered trademarks are the property of their respective owners.

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