Released: 1/5/2010

New Tool Provides Trend Analysis for the Ag Industry

Red Wing, MN – January 4, 2010 – Red Wing Software, Inc. announces the release of the CenterPoint Ratio Module for CenterPoint Accounting for Agriculture. The Ratio Module allows owners and managers the ability to track the overall financial condition of their operations over a period of time. The success, progress or even shortfalls of an operation can be pinpointed and addressed, so profits can be increased and negative trends reversed.

“We believe the additional trend analysis within CenterPoint Ratios will provide all users a tool to help manage and improve their operations,” said Ken Hilton, Red Wing Software President, “The powerful drill-down capabilities allow users to see the data behind the indicators and trend information can be graphed for any number of years in their database. The graphs can be viewed in various formats such as charts, tables and also 3-D graphics.”

Trend analysis has never been so easy! There is no additional setup required within CenterPoint to utilize the CenterPoint Ratios module; the data is pulled from categories already entered into the software. A wide variety of ag industry standard ratios are included to calculate the financial analysis patterns and the comparisons of benchmarks in an operation. Included are guidelines developed by the Ferguson Group for 33 ratios and indices, as well as the “Sweet Sixteen” ratios recommended by the Farm Financial Standards Council.

For more information about Red Wing Software, visit www.redwingsoftware.com, contact Red Wing Software at 800-732-9464 or e-mail info@redwingsoftware.com.

Red Wing Software, Inc. develops, integrates and supports the accounting and financial management needs of small- to mid-sized businesses, municipals, agribusinesses and producers across North America. For more information on Red Wing Software products, including TurningPoint Accounting, CenterPoint Accounting for Agriculture, CenterPoint Accounting, CenterPoint Fund, and CenterPoint Payroll, call 1-800-732-9464 or visit http://www.redwingsoftware.com/.

Cindy Bauer
Red Wing Software, Inc.
491 Highway 19, Red Wing, MN 55066
Phone: 800-732-9464
Fax: 651-388-7950
www.redwingsoftware.com
marketing@redwingsoftware.com