Paramount Technologies Unveils SMB Project Accounting Solution



    
    WorkPlace Project Dramatically Extends Middle-Market Professional Services
    Billing and Budgeting Capabilities

    
    WALLED LAKE, Mich., Sept. 17 /CNW/ -- Paramount Technologies, the leading
provider of middle-market Employee Workforce Automation solutions, today
announced the introduction and immediate availability of WorkPlace Project. 
WorkPlace Project is a comprehensive project accounting solution fully
integrated with Paramount's eProcurement and Time & Expense solutions.
Professional Services Billing is facilitated, with employees and contractors
now able to track costs in requisition line items, and have specific purchases
charged to specific projects and even phases or activities.  Employee and
contractor time can similarly be tracked and applied at the project, phase or
activity level.  Budgetary oversight is enhanced, with the ability to set up a
budget at any level of a project, track and compare requisitions to that
budget and receive warning if over budget, and route for approval if the
budget is exceeded.
    "We've been a Paramount customer since 1999 and during that time we've
grown to operate in 41 countries," said David Munro, Senior Director, Finance
Technologies for PharmaNet Development Group, a contract research
organization.  "WorkPlace Project is very consistent with a professional
services environment that does detailed task billing.  As our business evolves
the system flexibly adapts, rather than us having to adapt to the system.  We
can configure rather than customize: the system changes and configures without
changes to the code.  Paramount understood and listened to our business
needs."
    "Mid-market project accounting professionals have been requesting
affordable, full-featured professional services billing capabilities," said
Salim Khalife, Chairman and CEO, Paramount Technologies.  "WorkPlace Project
is what they've been asking for."
    
    About Paramount Technologies
    
    Paramount Technologies is a global provider of web-enabled Employee
Workforce Automation solutions delivering reduced transaction costs and
enhanced process efficiencies to middle-market and enterprise organizations
through the automation of procurement, requisition, project, time and expense
transactions.
    Paramount offers platform-independent solutions as well as versions
designed specifically for and fully integrated with Microsoft Dynamics GP, SAP
Business One and Epicor.  A full range of professional services including
implementation, training and support are available to assist our customers in
achieving complete project success.
    Established in April 1995 and profitable every year since, Paramount is a
private company with headquarters in Walled Lake, MI and offices in Atlanta,
GA and Jacksonville, FL.
    All trademarks or registered trademarks are property of their respective
owners.




For further information:

For further information: Brinton Baker of Paramount Technologies, Inc.,
+1-248-960-0909, bbaker@paramounttechnologies.com Web Site:
http://www.paramounttechnologies.com

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PARAMOUNT TECHNOLOGIES

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