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STONEEAGLE.COM UNVEILS ACCOUNTING ADJUSTMENTS MODULE TO ENHANCE EXISTING DEALER SUMMARY REPORTING PERFORMANCE MANAGEMENT SYSTEM

Dallas, Texas -- August 19, 2003 – Stoneeagle.com, a leading provider of web based F&I income development solutions, has announced the release of the Accounting Adjustments module, which enables the automotive dealer to examine their financial position including any accounting journal entries or adjustments. The Accounting Adjustments module is an enhanced option designed to track Accounting Adjustments, Chargeback’s 0-90 and Chargeback’s 90+. The module is supplementary to the standard Dealer Summary Reporting subscription-based service offered by Stoneeagle.

As an optional feature of Stoneeagle’s standard online service, the Accounting Adjustments module utilizes accounting data that is retrieved on a nightly basis from the Dealer Management System. The criteria established by the Dealer is reflected in the Dealer Summary Reporting System, which is available 24 hours a day via a secure Internet connection.

“We’re excited to offer the Accounting Adjustments module as another important tool to help automotive dealers manage their information,” said Cindy Allen, Vice President of Stoneeagle.com. “The long term viability of any organization depends on its leaders and managers having the information necessary to understand what is happening today and position the organization for what is likely going to occur in the future. Armed with clear real-time information, management is in a position to make rapid and accurate decisions.”

Stoneeagle offers the Accounting Adjustments module as an enhanced option. The company’s standard subscription-based service provides F&I Dealer Summary Reporting to Financial Service Agencies and Automotive Dealers allowing them to drill into current numbers and affect operating income in the current month rather than waiting for results that are entered manually or in hand written logs.

About The StoneEagle Group
The StoneEagle Group provides software solutions and enterprise administration systems that power Insurance Carriers, Service Contract Administrators, Third Party Administrators and Aftermarket Providers. StoneEagle leverages technology to create safe and secure connection points between Administrators and their Automobile Dealer, Bank and Credit Union clients, resulting in a multi-function solution suite of applications. Headquartered in Richardson, Texas, StoneEagle personnel have been involved in providing software applications to the insurance and related industries since 1967. For additional information please contact Jason Gillette: phone: 972-934-1751 email: jgillette@stoneeagle.com or visit StoneEagle’s web site at www.stoneeagle.com.

 

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