Apr 08, 2009 08:30 ET

Prodagio Analytics for AP Provides Dynamic Linkage Between Liabilities and Cash

Imagitek, Ltd. Releases Real-Time Cash Management Dashboard for Accounts Payable

HOUSTON, TX–(Marketwire – April 8, 2009) – Imagitek, Ltd., developer of world-class Prodagio™ Software business applications for accounts payable, vendor self service, case management and contracts management, today announced the release of Prodagio Analytics for AP. This software application is designed to give companies a real-time linkage between pending liabilities and cash. With this information, financial executives can make dynamic decisions on how to best prioritize payments, manage strategic vendors and capture the most early payment discounts, and these decisions can be incorporated into their AP department’s workflow in real-time.

“In this economy, one of the few things companies can control is cash. Executives must be able to make strategic decisions on how to optimize spend based on current cash position. Until now, there has been no simple way to have essential information in real-time. Prodagio Analytics for AP brings real-time business intelligence to Accounts Payable,” said Mara Henderson, president, Imagitek, Ltd.

The new module provides a best practice set of standard views for financial executives like CFOs and Controllers. This release comes on the heels of Prodagio AP 4.4, which included a new scheduled invoice template and many improvements to its Prodagio Vendor Self Service. “The Prodagio AP platform provides a consolidated view of liabilities across all systems and organizations, regardless of locations, currencies or underlying ERP systems,” states Pete Stevens, director of Prodagio product marketing. “With our Analytics product and AP platform, financial executives can transform AP from just transaction savings into strategic cash tool.”

Prodagio Analytics for AP will be demonstrated in Orlando, Florida, at the International Account Payables Professionals conference, April 19-23, 2009.

About Imagitek, Ltd.

Imagitek, Ltd., an Altran company, is a provider of off-the-shelf business applications that work seamlessly with content management and ERP systems. Imagitek’s flagship Prodagio Software delivers best-in-class applications for accounts payable, case management, contracts management and vendor self service. Established in 1982, Altran is recognized as a global leader in innovation and consulting with annual revenues exceeding US $2.1 billion. For more information, visit http://www.prodagio.com/.