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Praxinet Inc. Named a Microsoft Business Solutions Solution Developer

Praxinet named a Microsoft Business Solutions Solution Developer.

Praxinet announced today that it has been named a Microsoft Business Solutions Solution Developer. Praxinet will provide solutions that complement those of Microsoft® Business Solutions, a leading provider of business applications designed to help small and midmarket businesses become more connected with customers, employees, partners, and suppliers.

Praxinets solutions will provide increased functionality and satisfaction to its and Microsoft Business Solutions mutual customers. Specifically, its Employee Performance Appraisal System (EPAS) provides a powerful and agile capability to capture, evaluate, and analyze employee performance information across the enterprise. This web-based solution can be tailored to support any performance management approach. And by utilizing its powerful analysis and reporting capability, EPAS provides access to the full range of employee performance data needed to support policy formulation and management of employee retention, performance measures, corporate learning, compensation, incentives, and other related areas.

EPAS leverages personnel and financial data from multiple Microsoft Business Solutions applications and integrates with them to provide a seamless user experience. Praxinet has also developed solutions that address areas such as recruitment & selection, personnel cost allocation, expense reporting, e-procurement, time and attendance reporting, and general workflow process automation.

Were excited about our relationship with Microsoft Business Solutions and the possibilities it means for our mutual customers," said Bob Bedard, President & CEO of Praxinet Inc. Not only can we now offer the MBS products that are most relevant to our target clients, but MBS has recognized the value of our offerings and the role they can play in increasing the competitiveness of their product suite."

Microsoft Business Solutions products are designed to meet the broad spectrum of business application needs of small businesses to midsize companies (also known as the midmarket), which generally consists of businesses with $1 million to $800 million (U.S) in annual revenues. The business solutions are fully and seamlessly integrated across the application areas of enterprise resource management (ERM), customer relationship management (CRM), supply chain management (SCM), and business intelligence.

Praxinet Inc. provides enterprise performance management services and solutions. Praxinet leverages its core competencies in Strategic Consulting, Internet technologies, and Business Intelligence to enable its clients to manage and grow their business more efficiently and intelligently. Praxinet has designed and developed mission-critical solutions across multiple industries for major clients such as Pitney Bowes, GE, Citibank, Pfizer, Verizon, UPS, Tishman Speyer Properties, and Star Gas Partners. For detailed information about Praxinet, visit www.praxinet.com.

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All products mentioned in this release are trademarks or registered trademarks of their respective holders.

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William Maslyn
Praxinet Inc.
203-894-9000 x22
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