Solomon IV and Stevens Group EIS MGA Insurance for Solomon with the power of Microsoft SQL 7.0 revolutionized Venture's operation. This combination gave Venture Programs the ability to handle the growing transaction count and the EIS MGA Insurance Module enabled them to accomplish unlimited distributions to multiple agents, carriers, TPA's (third party applications), tax agencies along with a variety of pay-when-paid scenarios. The bi-directional use of AP and AR for receiving and paying carriers and agents and the ability to generate customer statements from AP, and create an endless variety of custom reports gave Venture additional needed capabilities.

Stevens Group developed 61 custom programs using VB Tools, 41 modifications to Solomon reports to customize for the insurance industry and 57 new custom reports. The ability to create custom reports as needed is key to successfully managing general agent's (MGA) business structure. FRx and multi-company gave them the ability to effortlessly produce world-class financials, generate consolidated AP/AR aging reports, and Installment forecasting,

Due to their extraordinary growth of 40% over the prior year, a fast paced implementation and integration by Stevens Group of Solomon Financials, Stevens Group EIS MGA Insurance Modules and Venture's CRM software provided Venture Programs a total business solution.

Tina Land, CFO at Venture Programs, "The new system and integration went very quickly and smoothly. We were very pleased with the technical expertise and support we received and continue to receive from Stevens Group."

EIS MGA Insurance for Solomon by Stevens Group is a full-featured module designed for transparent integration with Solomon IV designed and built specifically for the Insurance Managing General Agent. It provides all the features needed to manage the flow of paperwork for the specialized MGA operation. Steven's EIS MGA module seamlessly integrates with Solomon IV General Ledger, Accounts Receivable, Accounts Payable, Cash Manager, System Manager and Crystal Reports.

Technology: Visual Basic 6.0, Microsoft NT 4.0, Microsoft SQL Server 7.0, and Crystal Reports 7.0.

Features and Benefits:

1. Multiple levels of cost and profitability analysis
2. Unlimited Distributions to multiple payees
3. Bi-directional use of AP and AR
4. Flexible GL posting searches by Client Carrier, Underwriter, Agent,
   or Finance Company
5. Automatic blocking of agent payable for no payment remitted
6. Statement and invoice billing for client, carrier and agent
7. Full line of business and SIC coding
8. Automatic renewal posting
9. Powerful report library for in-depth analysis
10. Integration with Microsoft OLAP Cubes for data analysis
11. Convenient easy integration to legacy system with Visual Basic
12. Pre-defined and custom web pages for client and agent access

The Data: 3,000 Policies and 3,000 monthly policy invoices that created 3,000 AR's, 4,000 AP's and 23,500 GL lines for a total of 37,500 transaction lines.
How long? 7:15 minutes. That means 86 transaction lines per second. Speed and efficiency non-stop!