For Immediate Release

Cforia attending Credit & Accounts Receivable Open Forum & Expo

JW Marriott, Chicago, IL

August 13-15, 2012

Occupying legendary Chicago architect Daniel Burnham’s historic Continental & Commercial National Bank Building in Chicago’s bustling financial
district, CRF is excited to bring the August 2012 Credit and AR Open Forum to the new JW Marriott Chicago which now occupies the first 12 floors of
this circa 1914 landmark after a $350 million renovation.

Forum sessions includes:
  • Economic Update - Federal Reserve Bank of Chicago
  • Case Study - Developing an Electronic Platform for Storing and Retrieving Decisioning Data
  • Achieving the Perfect Order (Vendor Compliance)
  • Sustainable Working Capital
  • 503b9 an update of the legal, financial, historical impact to the credit exposure and how an organization may want to account via the reserve
    formula
  • Automating the Receivable Management Process

EXPO Tuesday the 14th at Lunch and Evening Networking Reception

About Cforia  www.cforia.com

Cforia Software, Inc. (Cash Flow Optimized, Real-Time Information Access) was founded in 2001 by technology veterans with extensive experience in
ERP Applications like SAP, Oracle, PeopleSoft and JD Edwards. Cforia's focus is driving Permanent Cost Reductions in Accounts Receivables by
raising productivity and improving key A/R metrics such as DSO (Days Sales Outstanding).

Today, Cforia is a global company that provides industry leading A/R Automation that is used by large corporations to manage over $186 Billion in
open A/R. Some of our largest customers include Textron, Thermo Fisher Scientific, Citizen Watch and NAPA Auto Parts. Cforia's rapid growth is
driven by superior technology that includes real-time data integration across disparate ERP systems, order management, separate clean and dirty
receivables tracking, plus handles multi-currency, multi-languages and multi-business units.

Our comprehensive software suite maximizes A/R performance through an integrated platform that includes OCR Auto Cash Application, Credit
Collections and Deductions Management Workbench, Electronic Billing and Online Payments, and A/R Collaboration Portal.  Cforia in-house project
resources typically implement the entire platform in one to three months.

Cforia's A/R Automation empowers Finance Departments to manage their own electronic dunning correspondence, reports and credit and collections
business logic without having to rely upon overburdened IT staff or outside consultants.

About CRF  www.crfonline.org/aboutcrf/experience.asp

For over 60 years, the Credit Research Foundation has emphasized the role of education and research activities to aid business credit, accounts
receivable and customer financial managers. CRF is the foremost non-profit, member-supported, education, and research organization dedicated to
the credit and financial management community. Membership in the Foundation can help credit professionals maintain the competitive edge required
in a modern business environment through timely publications, detailed surveys and national Forums on relevant issues confronting the B2B credit
community. Additionally, association with CRF will benefits its members and their companies by providing the opportunity to network on a personal
level with credit executives from a variety of businesses. CRF operates as a clearinghouse of leading edge information and contacts not available
from any other organization.

The Foundation is open to all individuals and businesses that have a vested interest in the credit, A/R (accounts receivable) and customer financial
relationships.


                                  
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