For Immediate Release

Cforia Software Selected to Join CRF Platinum Sponsorship Program

Westlake Village, CA and Westminster, MD

December 14, 2012

Cforia Software, an industry leading provider in Order to Cash Automation software, was selected today as a member of CRF's Platinum Sponsorship
Program. Cforia's comprehensive software suite is currently used by over 200 large corporations globally to manage over $250 Billion in yearly A/R.
The complete receivable automation system offers a variety of solutions from credit and collections management to online payments and eBilling, to
help better manage your company's A/R activities. For almost 12 years, Cforia has been active in different educational forums and publications
provided by the Credit Research Foundation:

"CRF provides an excellent platform for its members to exchange ideas and information on the best technologies and practices in the areas of credit
management and accounts receivable. Cforia has a number of customers who currently benefit from the organization's resources and we are very
excited to expand our involvement with its members," said Chris Caparon, Chief Operating Officer at Cforia Software.

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 $250 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

The Credit Research Foundation is an international nonprofit, research and educational organization. For nearly 60 years they have worked to
advance the understanding, practice and development of technique and trends in business credit. The research, publications and performance
assessment studies provided by the organization impact hundreds of business credit and financial leaders each year in an effort to increase
understanding and expand the role of business credit. CRF serves a diverse membership of over 600 contributing members and is in contact with
more than 4,000 organizations annually to help promote the exchange of information and innovative ideas. Cforia Software is proud to sponsor CRF
as part of their Platinum Partnership Program and offer valuable contributions to the membership community.







                        
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