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Walled Lake, Michigan, January 7, 2010 ― Paramount Technologies, the leading global
provider of web-based procurement, project, time and expense solutions for the midmarket,
announced today the release and worldwide availability of WorkPlace 10.8. This major
release enhances configurability and third-party interfaces to improve workflow efficiency
and inventory control. All four of the company’s solutions – WorkPlace
eProcurement, WorkPlace Project Accounting, WorkPlace Time and WorkPlace Expense –
are enhanced in WorkPlace 10.8.
WorkPlace 10.8 introduces the following new capabilities:
- Inventory Replenishment ― Examine stock levels and requirements for an inventory item and automatically generate a requisition identifying recommended order quantities
- PO Change Order ― Cancel purchase orders for items not yet received
- Materials Management Interface ― Interface with Binary Stream’s Materials Management module
- Landed Cost Support ― Calculate Landed cost for purchase receipts created from WorkPlace Receiving and add to the Dynamics GP Receipt
- Mobile ― View, approve and disapprove requisitions from your mobile device
- Credit Card Import ― Allow an administrator to import corporate credit card transactions and create user-specific expense reports to be reconciled and submitted for approval
- Sales Order Fulfillment ― Generate sales orders from fully approved requisitions to use the power of Dynamics GP Sales Order to fulfill items from inventory
“In this economic climate businesses need value to follow quickly after any
expenditure,” said Salim Khalife, President and CEO, Paramount Technologies. “WorkPlace 10.8
makes internal workflow processes more efficient, improves employee productivity, reduces time
and errors and saves money.”
The Paramount Technologies WorkPlace Suite includes WorkPlace eProcurement, WorkPlace
Project, WorkPlace Time and WorkPlace Expense. WorkPlace eProcurement automates and accelerates
traditionally inefficient paper-based requisition processes, reducing direct and indirect purchasing costs,
reducing requisition-to-order costs and cycle time, increasing control over business transactions and
streamlining employee requisition management. WorkPlace solutions are universally accessible from any
browser-enabled device; they host on a Windows server and need no client application software. WorkPlace
solutions easily integrate with Microsoft Dynamics, Sage MAS 500 ERP, Sage Accpac ERP and other financial systems.
About Paramount Technologies
Paramount Technologies is the leading global provider of web-based Employee Workforce
Automation solutions delivering reduced transaction costs and enhanced process efficiencies to midmarket
and enterprise organizations through the automation of procurement, requisition, project, time and expense
transactions. Established in 1995, Paramount is a private company headquartered in Walled Lake, MI with
offices in Atlanta, GA and Jacksonville, FL.
All trademarks or registered trademarks are property of their respective owners.
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Media Contact:
Brinton E. Baker
Paramount Technologies, Inc.
800.725.4408 Ext. 32
bbaker@paramounttechnologies.com
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