Netveil Ltd.

CentralReports released
CentralReports is a new product targeted at assisting Banks, offshore and local, comply with the new EU reporting requirements. The product is the result of relentless efforts from our part, given the tight time schedule. The software incorporates its own data import wizard to allow import and advanced manipulation of data from various banking systems/database back ends. Among others, Oracle, MS SQL, Sybase, DB2, Informix and Firebird/Interbase are supported. ODBC and OLEDB are also supported, as well as direct import from Excel spreadsheets.
The system is capable of fully generating and validating the reports according to the specifications and directives set out by the Central Bank of Cyprus. The report validation rules can be easily customised and there is no need for software updates when the specifications change.
One of the most advanced features of CentralReports is the built-in custom Excel spreadsheet, a technology borrowed from our own Synergy Accounting/Banking Edition.
You can read more about CentralReports here.

Synergy Enterprise Accounting version 8.5 released
Less than six months after the release of version 8.0, we are pleased to announce the release of version 8.5. Among the new features and enhancements, there is now an automatic database schema update option. This way, Synergy updates its own database to the new schema, thus reducing the task of managing schema versions to the click of a button.
Other enhancements include an enhanced data backup capability which allows backups to be taken and stored on clients. The new backup capability goes as far as burning the backup on CD-ROM without the need of extra CD burning software or the built in capability of Windows XP.
A backup scheduler service can be run on the server or a client and take backups daily according to a user defined schedule.
A new feature has been implemented to allow the daily backups to be sent directly to a remote data centre for extra security and protection against hardware failures and natural catastrophies. Companies who do not wish to implement their own backup data centre may use our new service and store their backups on our own data centre servers.

Synergy to help Avtovazbank International Banking Unit
Synergy Accounting/Banking Edition is the new accounting software at the Avtovazbank International Banking Unit. After a long search for a new accounting software, Avtovazbank decided that Synergy meets all their needs for, in-house reporting, Central Bank reporting and for reporting to their Head Office.

Avtovazbank is one of the largest and oldest banks of the Russian Federation. The Avtovaz group, among other activities such as mining, are makers of the Lada motor vehicles.

Atlantic Insurance trusts Synergy
Atlantic Insurance have trusted Synergy Accounting after a many year reliance on a major international accounting package, possibly the most famous accounting package in Cyprus. After reviewing Synergy and comparing with their existing system, and of course, after comparing the prices for upgrading the old software with a new version, they came to the conclusion that Synergy was about half as expensive. Not only this but in terms of features, Synergy is much richer and of a much more modern design. The deployment of the Synergy Remote Client in the branch offices is another feature that the competition could not offer at the price. The excitement was obvious, and as the management at Atlantic put it "now we can provide a computer for every employee, it will at last increase productivity". Netveil has provided a comprehensive migration path from the old system. All data has been migrated to Synergy and the company's entire accounting history is now online on Synergy. At this time, approximately 50 users are using Synergy or the Remote Client. It is estimated that this number will soon increase.

May 18, 2005	CentralReports released CentralReports is a new product targeted at assisting Banks, offshore and local, comply with the new EU reporting requirements. The product is the result of relentless efforts from our part, given the tight time schedule. The software incorporates its own data import wizard to allow import and advanced manipulation of data from various banking systems/database back ends. Among others, Oracle, MS SQL, Sybase, DB2, Informix and Firebird/Interbase are supported. ODBC and OLEDB are also supported, as well as direct import from Excel spreadsheets. The system is capable of fully generating and validating the reports according to the specifications and directives set out by the Central Bank of Cyprus. The report validation rules can be easily customised and there is no need for software updates when the specifications change. One of the most advanced features of CentralReports is the built-in custom Excel spreadsheet, a technology borrowed from our own Synergy Accounting/Banking Edition. You can read more about CentralReports here.
January 31, 2005	Synergy Enterprise Accounting version 8.5 released Less than six months after the release of version 8.0, we are pleased to announce the release of version 8.5. Among the new features and enhancements, there is now an automatic database schema update option. This way, Synergy updates its own database to the new schema, thus reducing the task of managing schema versions to the click of a button. Other enhancements include an enhanced data backup capability which allows backups to be taken and stored on clients. The new backup capability goes as far as burning the backup on CD-ROM without the need of extra CD burning software or the built in capability of Windows XP. A backup scheduler service can be run on the server or a client and take backups daily according to a user defined schedule. A new feature has been implemented to allow the daily backups to be sent directly to a remote data centre for extra security and protection against hardware failures and natural catastrophies. Companies who do not wish to implement their own backup data centre may use our new service and store their backups on our own data centre servers.
August 17, 2004	Synergy Enterprise Accounting version 8.0 released Conforming to our policy of continuous improvement, Synergy Accounting 8.0 has been released today. The new release offers a lot of improvements that relate to the user interface and the overall speed of the product to mention just a few. It also features a brand new, completely redesigned from scratch, Security Manager. In Synergy terminology, the security manager is the module that lets system administrators define the access rights of all users. The new security manager is faster, more intuitive to use and allows more granularity in the definition of access policies. Now you can restrict access no t only to specific forms, but to parts of forms as well. For example, you could restrict access to the balances tab in the Ledger Accounts Form to users whom you don't wish to see the balances of accounts. In a planned sub-release, the security manager will be expanded to allow even further granularity. One of the planned features will be the restriction of access not only to specific functional areas, but also to specific group of records as well, for example General Ledger Accounts or Customers. Other improvement areas include the Filter dialog which is now much more powerful and allows the saving of custom filters in the database itself so that all users can use them. Customers who are eligible for the upgrade may upgrade using the built-in Auto Update feature.
June 27, 2004	Cygazette.com version 2.0 is here! After exactly one year of very successful operation, the cygazette.com site receives a major update. The new site got a major face lift and more functional features were added. Now, you can be notified by e-mail with the parts of the Cyprus Official Gazette that are of interest to you.
January 3, 2004	Synergy to help Avtovazbank International Banking Unit Synergy Accounting/Banking Edition is the new accounting software at the Avtovazbank International Banking Unit. After a long search for a new accounting software, Avtovazbank decided that Synergy meets all their needs for, in-house reporting, Central Bank reporting and for reporting to their Head Office. Avtovazbank is one of the largest and oldest banks of the Russian Federation. The Avtovaz group, among other activities such as mining, are makers of the Lada motor vehicles.
December 1, 2003	Atlantic Insurance trusts Synergy Atlantic Insurance have trusted Synergy Accounting after a many year reliance on a major international accounting package, possibly the most famous accounting package in Cyprus. After reviewing Synergy and comparing with their existing system, and of course, after comparing the prices for upgrading the old software with a new version, they came to the conclusion that Synergy was about half as expensive. Not only this but in terms of features, Synergy is much richer and of a much more modern design. The deployment of the Synergy Remote Client in the branch offices is another feature that the competition could not offer at the price. The excitement was obvious, and as the management at Atlantic put it "now we can provide a computer for every employee, it will at last increase productivity". Netveil has provided a comprehensive migration path from the old system. All data has been migrated to Synergy and the company's entire accounting history is now online on Synergy. At this time, approximately 50 users are using Synergy or the Remote Client. It is estimated that this number will soon increase.