ModernBill version 5 beta release features multiple currencies and gateways, enterprise level accounting solution and improved user dashboard.

Moderngigabyte, Inc., a billing solutions provider, today announced that it has released the initial Version 5 beta of its software.

The company says that the latest release offers new features and functionality, including multiple currencies and gateways, new enterprise level accounting solution, and an improved user dashboard. The new product's capabilities would allow companies to easily achieve their customer service, sales and collections business objectives, adds the company.

Moderngigabyte is releasing this initial beta to its existing customer base. It will be updating its beta on a weekly basis and has a published release date of March 1, 2006.

"One way customers are trying to extend their systems is through increased localization and personalization. As part of a greater sales presentation to the customer, ModernBill will try to fit in more seamlessly with existing content and local customs. Version 5 will have greater support for languages, currencies, tax systems, accounting rules and multiple gateways," said Jon McCarrick, VP of Sales and Marketing at ModernGigabyte.