LEICESTER, England, October 11 /PRNewswire/ --

- Spindle Professional Eases Cash Flow Worries

With losses as a result of the postal strike so far estimated to be
around GBP260 million, businesses are keen to know how they can beat the
strike and keep the cash coming in, despite the interruptions to the mail
service. Spindle Professional, created by Draycir, is an affordable and
easy-to-use software product that generates instant electronic invoicing and
statements, eliminating the need to physically mail them out, thereby beating
the postal strike.

BACS payment of invoices by customers, in receipt of electronic invoices,
enables a business to bypass the postal system entirely. It is therefore
possible for businesses to function as normal from a financial and cash flow
point of view, by using Spindle Professional in conjunction with electronic
banking (which is now available to even the smallest of businesses).

Even when the postal strike ends, it will cause massive backlogs of post,
which it is estimated could take weeks to sort out. Delayed invoices will
impact on payment and therefore cash flow; but Draycir has the answer to help
businesses beat the postal strike.

Spindle Professional has received validation from HM Revenue & Customs as
an accredited form of electronic VAT invoicing. The approval of HM Revenue &
Customs means many thousands of businesses can now stop posting out
unnecessary VAT invoices and simply e-mail or fax them using Spindle
Professional instead.

One company that is already reaping the benefits of using Spindle
Professional is Draycir business partner, Sicon. "We use the email that the
software generates, so we haven't faced any adverse financial consequences
due to the postal strike," says Jane Youngman of Sicon. "We also save on the
enormous cost of paper and postage, so all in all we are delighted with the
results of using Spindle Professional. A lot of our clients use Spindle
Professional for the same reasons."

Robert Ball, managing director of Draycir, said: "Spindle Professional
has superseded the need to post out VAT invoices, meaning that finance
departments can now protect themselves from the high cost and unreliability
of the postal system."

Visit http://www.draycir.com or call +44-(0)845-123-2941 for further
information.

Notes to Editors:

High resolution images available from BeyondPR

http://www.beyondpr.co.uk

With Spindle Professional's dynamic and flexible software you can
instantly and easily merge information from business applications to produce
documents that can be sent by email, fax, print and also archived. For a more
professional look, it allows you to add your company logo and branding to
documents such as letters, statements, invoices, remittances, delivery notes
and purchase orders. You can print directly onto plain paper, so there's no
need for expensive pre-printed stationery. It's also flexible, allowing you
to create and mail your customers with promotional offers and seasonal
messages.

Spindle Professional is compatible with a wide range of business
applications including Sage 50, Sage Line100, Sage MMS, Sage 200, Microsoft
Navision and Great Plains and many more. For further information on Draycir
products, visit http://www.draycir.com.

Case study contact:
    
    Jane Youngman, Sicon, tel +44-(0)845-1300188
    e-mail: jane@sicon.co.uk
    
    Press contact:
    
    BeyondPR
    direct line: +44-(0)114-275-6996
    mobile: +44-(0)7930-697773
    w: http://www.beyondpr.co.uk
    
    For more information about Spindle Professional,
    call +44-(0)845-123-2941.