Paramount Technologies Announces WorkPlace 2014 Spend Management and Workflow Automation
Walled Lake, Michigan (PRWEB) June 30, 2014 -- Paramount Technologies announces the release of WorkPlace 2014. WorkPlace 2014 includes a wide range of enhancements to strengthen spend controls in Requisition, Procurement, AP Invoice Automation, Materials Management, Project Time, as well as Travel and Expense.
WorkPlace 2014 includes over 100 new features and improvements. Highlighted features below
• Strengthen requisition and travel expense controls
• Automate vendor invoice processing, and
• Integrate mobile solutions with project and cost systems.
“The WorkPlace 2014 feature set and depth of ERP integration creates a new level of enterprise procure-to-pay and expense management functionality” says Salim Khalife, President and CEO of Paramount Technologies. “WorkPlace uniquely provides mid-market affordability with best of class features typically reserved for enterprise-level organizations”.
AP Invoice Automation
WorkPlace provides a complete and integrated AP Invoice Automation solution to ensure consistent process controls and visibility to invoices across companies and locations. AP Invoice Automation streamlines PO and non-PO invoice transaction entry, approval workflows, reporting, and paperless document processing and storage.
Check Request is now available as a separate solution with a new entry screen tailored for ease of invoice entry. Scanned invoices initiate the Check Request entry from inline attachments with the simple click of a button.
Vendor Portal
The Vendor self-service portal is a secure website on the Microsoft Azure platform that allows your approved vendors to log into and enter invoices directly against Purchase Orders. Approved vendors may also respond to Requests for Quotation generated from the Requisition solution.
Vendor Portal reduces processing steps and eliminates delayed or lost invoices. WorkPlace Vendor Portal is a cloud-based solution that requires no on-premise hardware or software.
Requisition, Purchasing and Expense Questionnaires and Inline Attachments
WorkPlace 2014 extends the popular questionnaire and inline attachment feature from Expense into Requisition and Check Request. Questionnaires are user-defined to enforce corporate policies based on the type of purchase or expense. The Questionnaire is accessible from Requisition or Check Request Entry, Approval and Review. Inline attachments provide instant visibility to all details of the transaction within a single view.
Mobile Expense and Time Entry for Projects or Jobs
Expense and Time are now integrated with both WorkPlace Project and supported ERP Project and Job Cost systems. The WorkPlace Mobile Application for Expense and Time are available through Apple iTunes and Google Play for iOS and Android devices.
Google Map Integration
WorkPlace Travel and Expense now includes Google map integration for mileage reimbursements. Using a dedicated Travel Route page enforces corporate travel policy by providing a simple and accurate accounting of the user’s mileage driven. The selected routes and mileage are stored alongside the Travel and Expense transactions for audit compliance and workflow. Up to 25 waypoints are supported per travel route with support for personal travel and standard commute deductions based on user.
About Paramount Technologies
Paramount Technologies is a leading global provider of web-based / mobile spend management and workflow automation solutions for midmarket and enterprise organizations. Our WorkPlace solutions automate Requisition, Procurement, AP Invoice Automation, Materials Management, Project Time, as well as Travel and Expense transactions. The WorkPlace suite of products can be deployed on premise or in the cloud and is universally accessible from any browser-enabled device. WorkPlace 2014 integrates seamlessly with Microsoft Dynamics, Sage, Blackbaud and other financial systems. Established in 1995, Paramount is a private company headquartered in Walled Lake, MI with regional offices across the United States and Canada.
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Media Relations Contact:
Paramount Technologies, Inc.
1374 East West Maple Road, Walled Lake, MI 48390-3765 USA
marketing(at)paramounttechnologies(dot)com
Urs Bockli, Paramount Technologies, Inc., http://paramounttechnologies.com/, +1 (248) 560 0105, [email protected]
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