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Billing Management & Invoicing Management Functionality to reshape on demand hosted CRM software

Salesboom.com Billing Management & Invoicing Management Functionality to reshape on demand hosted CRM software

Friday, October 12, 2004—Halifax, NS Canada—Salesboom.com, industry leading provider of On demand hosted CRM software (Customer Relationship Management) / web-based SFA (Sales Force Automation) services today announced that its new Billing management & Invoice management Automation feature is scheduled to be deployed to its current customer base within the next week. The new feature, which was included in Salesboom's recent release of Salesboom.com Version 4.0, is touted by the company to be the biggest addition to its online web based CRM software / web-based SFA services yet. The new Billing management & Invoice management Automation feature will include tools to automate essential invoice functionality such as generating the invoice from the customer account information, keeping track of recurring billing cycles and terms, fully linking into the Salesboom Product Database, and even an automated system to send invoices to customers electronically.

The new feature, which is purported to replace traditional invoicing software, is available in Salesboom's low-cost On Demand hosted CRM software deployment model, making it accessible and affordable for Small business to utilize in conjunction with the traditional Salesboom.com On demand hosted CRM software / Web-based SFA Software services. Continuing its long standing "Zero Software" promise, Salesboom consistently deploys features which are more functional and applicable to its user base than any other comparable alternative available. There is no CRM comparison. In a truly on demand world, the Billing management & Invoice management Automation feature will be available and accessible any time, from anywhere a computer with the internet is available. Salesboom.com is also available in an Off-line small business CRM software edition format as well.

"Billing management & Invoice management Automation is another step in broadening the horizons of the On demand hosted CRM software / Web-based SFA Software market," Justin Webster, VP of business Development commented. "With this new feature, your traditional Small business can affordably replace their legacy invoicing software solution, and receive a fully integrated Billing management & Invoice management solution with our low-cost online web based CRM software / web-based SFA service. The value is incredible, and it continues Salesboom's goal of fully integrating front and back end solutions in one, all-inclusive package for an unbeatable price."

The Billing management & Invoice management Automation feature will include a wide array of tools and controls that one would typically look for in an integrated back-end solution, such as a traditional Enterprise Resource Planning (ERP Software) application. While Salesboom is still easily considered a mostly small business CRM software (Customer Relationship Management) / web-based SFA (Sales Force Automation) application, it doesn't appear to be stopping the addition of some key ERP Software features to the service. The Billing management & Invoice management Automation tool will give users sweeping controls to automate the entire invoice generation process, amongst other things. Universal tax rules can be setup to allow automatic tax calculation, with a fully customizable 'rules and exceptions' options menu to allow a truly global utilization. The Billing management & Invoice management Automation module ties in seamlessly with the Salesboom Small business CRM software product database, allowing Salesboom users to create real time sales software invoices with locked in Products, complete with their descriptions and prices. A discount system is also available, for an individual item on the invoice or across the invoice as a whole. Salesboom customers utilizing the Billing management & Invoice management tool will also be able to easily store pertinent information such as the billing cycle length, due date, payment terms, billing cycle terms and payment information. There is also the option of sending the invoice automatically via electronic mail, or generating a printable invoice to print and send a hard copy of. But best of all, the proper checks and balances are fully integrated, making Accountants' lives everywhere much easier. The invoicing system requires someone with proper permissions to "sign-off" on all pending invoices before they are sent out and activated in the Salesboom small business CRM infrastructure. Furthermore, all invoices (after being sent) are automatically archived in a 'read-only' format to preserve the legality of the electronic documents and avoid tampering.

By offering an extremely robust offering, which competes head to head in functionality with traditional invoicing software, Salesboom hopes to entice more of the Small business market by offering the more desirable back end functionality traditionally found in ERP Software related offerings, integrated fully into the already broad, highly valued online web based CRM software (Customer Relationship Management) / web-based SFA (Sales Force Automation) services. This gives the Small business a much higher value in the one service offering, while eliminating extra costs for some previously necessary back end software.

"We're extremely impressed with the Billing management & Invoice management Automation functionality," commented Rami Hamodah, President and Co-Founder of Salesboom. "But I think the biggest part of this is how much additional savings this means for the small business. We're effectively integrating traditionally back end ERP software into our online web based CRM software / web-based SFA application; and continuing down this road into the future is going to mean tremendous savings and huge ROI for our customers. Salesboom shouldn't be looked at as an expense - it's a small investment directly into the foundation of your small business, with huge returns."

Continuing with a push further into the ERP Software side of things, the Salesboom On demand hosted CRM software / Web-based SFA Software services will compete head to head with traditional ERP Software solutions such as offerings from SAP, PeopleSoft or Siebel. Features such as Inventory Management, or even a foray into basic Accounting features will be examined in the future. The Salesboom.com small business CRM software service is also showing a bright future, with a huge influx of new customers being seen migrating to the new Salesboom version 4.0 offering. This is likely attributed at least in part to the fact that the price point-of-entry is under $8.50 per user per month; which outclasses just about every other on demand hosted CRM software provider in the market by a large margin.

The Salesboom.com Billing management & Invoice management Automation tool will be deployed to all existing customers within the coming weeks. For more information, interested parties are requested to contact Salesboom directly at 1.855.229.2043 or via email at email: sales@salesboom.com More information is also available at the company's web site: www.salesboom.com

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About Salesboom.com

Salesboom.com is an online web based CRM software (Customer Relationship Management) and web-based SFA (Sales Force Automation) service provider that offers the small business the opportunity to tap into a software technology that is reserved for large corporations. Salesboom.com is an online web based CRM software service that meets the budgetary needs of the small business while delivering valuable online web based CRM software and web-based SFA software services, helping the small business compete head-on with larger competition employing traditional small business CRM software solutions. Salesboom.com's online web based CRM software includes Contact Management, Instant messaging Service Software (IM), Lead Management, Sales Account Management Software, Products, Contracts & Invoicing, File & Document Management, Forecasting, Customer Support, Email, and the latest advanced Small business CRM Reporting & Analytics tools. Our MS Outlook CRM software integration is second to none.

It is our position that the time has finally arrived for the small business to cash in on the ASP software (Application Service Provider) industry's promise of applications that are useful, aggressively priced, and accessible 24/7 from anywhere there's an Internet connection.

For additional information or a free CRM software trial, contact: Tel: 1.855.229.2043 (toll free in North America) or 902-446-7293, Fax: 902-446-4850 E-mail: sales@salesboom.com