RICHMOND, B.C., Canada, October 26, 2004

Progressive Solutions Inc. announced today the release of bisTrack Advanced Accounts Receivable. The availability of the new software package provides bisTrack customers two choices for managing accounts receivable (AR).

bisTrack’s Advanced Accounts Receivable, an optional module designed specifically for building materials dealers that provides powerful accounts receivable control within the easy-to-use bisTrack environment.

Great Plains® Accounts Receivable, using bisTrack’s AR interface to transfer invoice and customer information generated in bisTrack to Microsoft’s Great Plains Accounts Receivable.

Integrated Accounts Receivable offers key advantages
“We’re offering both an integrated suite and the interface to Great Plains because our customers come in all sizes and have a variety of needs,” explains Geoff Douglas, Progressive Solutions’ VP Sales & Marketing.

One of the key advantages of using bisTrack’s integrated Advanced Accounts Receivable software is that customer accounts and receivables are managed where the transactions take place. This gives better visibility into customer activity, better credit control, and more personalized customer relations. It also ties accounts receivables into bisTrack’s liens processing and job tracking capabilities, allowing dealers to track and view orders, deliveries, invoices, payments and liens notices for multiple customer jobs.

In addition, bisTrack’s Advanced Accounts Receivable includes many features that automate rule-based repetitive procedures such as collections, late payment management, and cash receipts processing. Geoff Douglas elaborates, “These powerful features speed a dealer’s credit control and AR processing tasks, saving staff countless hours and giving them tighter control over their customer transactions. Plus, bisTrack’s Advance Accounts Receivable offers the same easy-to-use environment as the rest of the bisTrack suite, making it incredibly easy to use.”

About bisTrack
bisTrack is business software developed specifically for building industry suppliers: building materials distributors and dealers, including those with branches, remanufacturing and extensive contractor lumberyards. bisTrack manages all buying, selling and tracking for a building materials and lumber supply business, simplifying the retail and back office tasks done every day.

About Progressive Solutions
Progressive Solutions Inc. is a leader in business software solutions for the forest products and building materials industries. Founded in 1989, the company is headquartered in Richmond, BC, with sales offices across the US, UK and Canada. Its products address the procurement, sales, inventory and logistics management needs of sawmills, panel mills, remanufacturers, wholesale/ distributors and building materials distributors/dealers with domestic and export markets.