Finance Articles

Khameleon Software Announces New Project Accounting Software for SMBs Delivering Project-Based Services

Tampa, FL (PRWEB) November 5, 2007 -- Khameleon Software, a leader in project accounting software business applications for small and mid-size businesses (SMBs) announced the release of Khameleon 7.0, the only fully integrated web-based project management and accounting software designed for organizations that implement projects to deliver their products or services.

Khameleon 7.0 delivers 15 role-based workbenches giving users from project managers and accountants to the CEO and CFO their own personalized dashboards. The workbenches give SMBs the project accounting software tools they need at each level. Whether they are in sales, project management, purchasing, accounting, order fulfillment, or shipping, Khameleon 7.0's integrated project business logic keeps project teams informed and on track.

Khameleon 7.0 also streamlines applications, cutting out steps and automating others, bringing process efficiency gains. Khameleon applications include project management, project accounting, contract management, product distribution, revenue recognition, service desk, professional services automation, and financial management.

"The management dashboards give insights into sales, operational efficiency, costs, and profitability. Khameleon project accounting software applications have always had great business logic. Now we have advanced technology driving it" said Khameleon's President, Douglas Angelone.

A key to the power of the Khameleon 7.0 release is its use of Oracle's 10g platform. Built entirely on this industry-leading Oracle technology, Khameleon 7.0 is deployable across multiple sites and remote locations. The combination of Khameleon's unique and comprehensive project delivery business logic and Oracle's 10g technology stack offers the best off-the-shelf business system available to companies that manage projects as a fundamental part of their business value.

"By using this technology, we've given our customers tremendous scalability and Web-access that until now only Fortune 500 companies could afford. And I'm proud of that because Khameleon 7.0 delivers it all in a single affordable project accounting software solution," adds Angelone.

Khameleon also announced a new hosting service designed specifically for businesses with as few as five or more back office users and twenty or more project and/or account mangers.

Khameleon's project management software and hosted services are available immediately.

About Khameleon Software: Khameleon Software provides fully integrated, web-based business applications to small and mid-size businesses (SMBs) that implement projects to deliver their products or services. Role-based workbenches keep people throughout the organization on the same page as they manage daily operations. Robust project accounting and embedded analytic tools provide performance insights for everyone, from sales and project managers to the CEO and CFO, supporting the strategic decisions that drive profitability and growth.

www.khameleonsoftware.com

Trademarks

Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Copyright © 2007, Khameleon. All rights reserved.

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