Anybill Confirms Key Contract with the American Occupational Therapy Association

Innovative AP Solutions Firm Secures Significant New Contract

BETHESDA, Maryland // July 7, 2002 // Anybill, Inc., the innovative leader in accounts payable services to not-for-profit organizations, is pleased to announce that the American Occupational Therapy Association has adopted the Anybill platform to automate and improve the efficiency of invoice approval and payment processing. The American Occupational Therapy Association has adopted the Anybill software package because it provides significant features and functionality that have been refined over many years, based on the company's longstanding AP expertise in serving the unique needs of associations, foundations, trade councils, and other organizations. "Anybill is pleased to begin providing accounts payable solutions to the American Occupational Therapy Association. We realized years ago that while corporations profit from the benefits of outsourcing their finance and accounting functions, not-for-profit organizations were not being served by the outsource providers. We saw an opportunity to share a competitive advantage with organizations by providing them access to all of the functionality of large company accounts payable solutions at a smaller price point," said Matt Voorhees, Anybill CEO and founder.

The Anybill solution enables clients to automate their accounts payable process in a manner that guarantees efficiency and secures smooth technical implementation, transparency with internal accounting managers, and total compliance with financial controls and accounting standards. The Anybill software is an advanced workflow, decision-making, and management platform that allows clients to view all relevant AP-related data, take action on it, and communicate with others. Through the Anybill platform, invoices are directed to our system, entered into our proprietary web-based software, and then presented to clients for review, approval, vendor monitoring, and cash-dispersal management. Anybill then renders payments and updates transaction information on the client's AP or ERP system. Transactions and related AP data remain securely recorded in the Anybill system for review at any time. Anybill is SAS-70 Level II certified and consistently maintains a superior level of AP Best Practices.

About Anybill
Anybill provides invoice and payment processing services to some of the world's largest corporations and organizations, including Marriott International, DaimlerChrysler, the American Diabetes Association, and dozens of others. Anybill maintains a broad range of strategic partnerships with local and national CPA firms such as BDO Seidman, Raffa & Associates, Halt Buzas & Powell and two of the Big 4. Headquartered in Bethesda, Maryland, Anybill has been a leader in providing innovative, effective accounts payable services since 1997. For more information about how Anybill services can reduce your risks, drive down your costs, and streamline your accounts payable approval process, visit www.anybill.com.