System Sales Significantly Increased Revenues Of Weiland Financial Group

Despite the down economy Weiland Financial Group, Inc. (WFG), engaged in account analysis, reports system sales increase in 2008. System sales grew more than 50%. This increase reflects growth in all areas bank fee tracking (BRMEdge™), signatory management (BAWeb™), account

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Despite the down economy Weiland Financial Group, Inc. (WFG), engaged in account analysis, reports system sales increase in 2008.

System sales grew more than 50%. This increase reflects growth in all areas; bank fee tracking (BRMEdge™), signatory management (BAWeb™), account analysis billing for financial institutions (CAA™), and international bank fee billing (BXBTM).

In addition to the growth in system sales are increases in SaaS deployment, primarily due to lower total cost of entry and immediate access to software upgrades. The current economic trends have made both monitoring revenue leakage and finding new sources of revenue critical.

WFG continues to enhance their software offerings and responds to user needs, while other vendors are cutting back.

“Our systems provide the corporate governance, fee monitoring and increased revenue opportunities necessary for survival in this type of economy,” says Pat Weiland, CEO. “The economic environment has increased interest in both the corporate and banking treasury services.”

L.D.

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