Third Wave Business Systems Announces Project Accounting Suite Build 5.1 for SAP Business One

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Enables Professional Services Firms to Streamline Key Processes

PAS is an essential addition to a company’s Professional Services toolkit because of its tighter control of processes within SAP Business One and easy performance tracking.

Third Wave Business Systems, a leading SAP Business One implementation and development partner, today announced the latest release of the Project Accounting Suite (PAS) add-on for SAP Business One Versions 8.8x and 9.0. PAS is a full featured Professional Services Automation tool that enables professional service firms and other project oriented organizations to streamline business processes involved in the project lifecycle.

The latest version of PAS increases performance speed in key processes, such as project administration and projects tasks. New features and functionality have also been added, allowing users to utilize the Time & Expense Entry from SAP Business One Service Call or Activity screens, enter team time and expenses on PAS Web timesheets, and add the locality for expenses.

“PAS is an essential addition to a company’s Professional Services toolkit because of its tighter control of processes within SAP Business One and easy performance tracking. With the new performance enhancements, features and functionality, organizations are better able to proactively manage their business” said Korey Lind, Third Wave’s CEO.

Other key features of PAS include flexible project work breakdown structures to create simple and complex projects, detailed resource and rate assignment, analysis of resource utilization and productivity in real time, and full project accounting journals that automate the work-in-progress accounting process. It’s essential for project setup, labor and expense capture, cost and revenue allocation, project-based billing, revenue recognition, project reporting, and more.

To view a short demo of PAS, click here.

About Third Wave Business Solutions
Third Wave Business Systems specializes in the implementation of business management systems to provide clients with a competitive advantage in their industries. It is a leading developer of SAP Certified Integrations that extend the power of the SAP Business One platform. These solutions are being used worldwide by SAP Business One customers to streamline their operations and improve their return-on-investment. Third Wave Business Systems is recognized as a Microsoft Silver ERP and Development Partner, SAP Business One Gold Partner, and SAP Pinnacle Award recipient. It has been recognized by both Microsoft and SAP for high levels of customer satisfaction due to the high quality of their consulting staff. For more information, please visit the company’s web site at http://www.twbs.com/.

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Craig Abramson
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