23 June 2003 | Robin Parker
Card billing and service ledger applications are now a feature of software developed by financial software specialist Cedar following its merger with e-procurement specialist Arelon.
The first offering from the new company, CedAr, is a revamped version of Cedar's flagship e5 financial management suite.
Cedar and Arelon merged in February, and boast a combined customer base of 500 UK organisations.
e5 Release 5 contains a card billing solution based on an earlier model built exclusively for airline corporate cards. The extended version also offers support for store and fuel cards.
A new service ledger module facilitates the handling of invoices based on both historical consumption and use and predicted future usage, to enable organisations to analyse and spread regular service bills over time.
Cedar has also upgraded the e-procurement module with a request-for-quote function and an improved messaging system in which users can send and receive all messages in web-based XML language.