Page 8 of 1 Pages
SSECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )
CLARUS CORPORATION
FORMERLY: SQL FINANCIALS INTERNATIONAL INC.
(Name of Issuer)
Common StockCommon Stock
(Title of Class of Securities)
784638108
(CUSIP Number)
Check the following box if a fee is being paid
with this statement.
(Continued on following pages(s))
CUSIP NO. 784638108
13G
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NationsBank Corporation
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) X
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
North Carolina Corporation
5 SOLE VOTING POWER
393001
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 925201
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
925201
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES *
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.17
12 TYPE OF REPORTING PERSON *
HC
*SEE INSTRUCTION BEFORE FILLING OUT!
CUSIP NO. 784638108
13G
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NationsBanc Montgomery Securities LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) X
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Corporation
5 SOLE VOTING POWER
393001
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 925201
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
925201
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES *
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.17
12 TYPE OF REPORTING PERSON *
IA
CUSIP NO. 784638108
13G
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MS Spitfire LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) X
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
5 SOLE VOTING POWER
312,501
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 312,501
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
312,501
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES *
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.43%
12 TYPE OF REPORTING PERSON *
CO
CUSIP NO. 784638108
13G
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Spitfire Capital Partners LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) X
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
5 SOLE VOTING POWER
312,501
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 312,501
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
312,501
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES *
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.43%
12 TYPE OF REPORTING PERSON *
PN
SCHEDULE 13G
Item 1(a) Name of Issuer:
SQL Financials International Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
3950 Johns Creek Ct., Ste. 100
Suwanee, Georgia 30024
Item 2(a) Name of Person(s) Filing:
(a) NationsBank Corporation
(b) NationsBanc Montgomery Securities LLC
(c) MS Spitfire LLC
(d) Spitfire Capital Partners LP
Item 2(b) Address of Principal Business Office or, if none,
Residence:
(a) 101 South Tryon Street, NationsBank Plaza, Charlotte,
North Carolina 28255
(b) 600 Montgomery Street, San Francisco, California 94111
(c) 600 Montgomery Street, San Francisco, California 94111
(d) 600 Montgomery Street, San Francisco, California 94111
Item 2(c) Citizenship:
(a) North Carolina corporation
(b) Delaware corporation
(c) California corporation
(d) California partnership
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
784638108
Item 3 If this statement is filed pursuant to Rules 13d-1(b),
or 13d-2(b),
check whether the person filing is a:
(a) Broker or Dealer registered under Section 15
of the Act
(b) Bank as defined in Section 3(a)(6) of the Act
(c) Insurance Company as defined in Section
3(a)(19) of the Act
(d) Investment Company registered under Section 8
of the Investment
Company Act
(e) X Investment Advisor registered under Section
203 of the
Investment Advisors Act of 1940
(f) Employee Benefit Plan, Pension Fund which is
subject to the
provisions of the Employee Retirement Income Security
Act of
1974 or Endowment Fund; see Sub-section 240.13d-
1(b)(1)(ii)(F)
(g) X Parent Holding Company in accordance with Sub-
section
240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) X Group, in accordance with Sub-section 240.13d-
1(b)(1)(ii)(H)
The following entities are holding companies:
NationsBank Corporation
The following entities are banks:
The following entities are registered investment advisors:
NationsBanc Montgomery Securities LLC
Item 4 Ownership:
With respect to the beneficial ownership of the reporting
entity as of 8/31/98, see Items 5 through 11, inclusive, of
the respective cover pages of this Schedule 13G applicable to
such entity which are incorporated herein by reference.
Item 5 Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following
Item 6 Ownership of More Than Five Percent on Behalf of Another
Person:
To the extent that the reported shares are held in various
fiduciary accounts, dividends and the proceeds of such shares
are payable to other persons, including such accounts, the
beneficiaries or settlors thereof or a combination of such
persons. In certain instances, other persons (including
beneficiaries and settlors) may be deemed to have the power
to direct receipt of dividends or the proceeds of the sale of
shares reported herein. To the best of the undersigned's
knowledge and belief, no one other person has such an
economic interest relating to more than 5% of the class of
reported shares.
Item 7 Identification and Classification of the Subsidiary
Which Acquired
the Security Being Reported on By the Parent Holding
Company:
Pursuant to Rule 13d-1(b)(1)(ii)(G) of the Securities
Exchange Act of 1934, NationsBank Corporation is filing this
Schedule 13G as a parent holding company of the following:
a. NationsBanc Montgomery Securities LLC, a registered
investment advisor under the Investment Advisors Act of
1940.
b. MS Spitfire LLC a limited liability corporation a wholly
owned subsidiary of NB Montgomery Securities LLC.
c. Spitfire Capital Partners LP is a limited partnership a
wholly owned subsidiary of MS Spitfire LLC.
Item 8 Identification and Classification of Members of the
Group:
Except for the relationships referred to in Item 7 hereof,
the reporting entities do not affirm the existence of a
group. This Form is filed on behalf of each of the entities
listed in Item 2(a) hereof.
Item 9 Notice of Dissolution of Group:
Not Applicable
Item 10 Certification:
By signing below, I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired
and are held in the ordinary course of business and were not
acquired and
are not held for the purpose of nor with the effect of
changing or influencing the control of the issuer of such
securities and were not acquired and are not held in
connection with or as a participant in any transaction having
such purpose or effect.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
NATIONSBANK CORPORATION
NATIONSBANC MONTGOMERY SECURITIES
LLC
MS SPITFIRE LLC
SPITFIRE CAPITAL PARTNERS LP
Dat September 10, By:
e: 1998
Name: Satish Pattegar
Title: Senior Vice President
SQLFINAN.DOC MJC
