Projectmates Releases Version 10.0 with Enhanced Financial Reporting Capabilities and Improved Performance and Profitability

DALLAS, Dec. 17, 2009 — Systemates, Inc. released its latest version of their Construction Management Software, Projectmates V10.0, that comes with a fully loaded financial module and an effective project progression tracker tool — Earned Value Management. With a cache of offerings concentrated in the financial module, this new version is set to “wow” users, especially those with a soft spot for financial reporting. Projectmates makeover includes enhanced navigational tools, redesigned dashboards in portfolio management and a better-ordered and tabbed budget that facilitates an enhanced user experience and better visibility over budget. Like its predecessors, V10.0 is a product of company initiative for continuous improvement and valuable customer feedback, and provides many upgrades for customers to enjoy in 2010.

Customers have already begun to rave about the layout, ease-of-use and monitoring capabilities of the software. “Our customers play a vital role in our growth and we incorporate a lot of their ideas and needs when we develop our new releases,” says Hemant Bhave, Vice President of Systemates, adding that the new Earned Value Analysis tool in V10.0 helps project managers avert problems ahead of time, rather than letting the problem snowball into an unmanageable issue. With large government contracts now requiring the use of Earned Value Management to compare expected against actual at given checkpoints, Systemates takes lead in offering this important tool to its users in Projectmates V10.0.

The major upgrades that Projectmates users can look forward to in Version 10.0 are:

  • Revamped Budget Tracking Management — Easy grouping and ordered tabs allow for effortless navigation, and editing only requires half the number of clicks now.
  • New Earned Value Analysis — Additional financial tool to calculate cost against schedule, aids in tracking project progress.
  • Improved Portfolio Management — One portfolio can arrange unlimited reports to share with other team members.
  • New Issue Tracking (Risk Management) — Tag and track all issues and contingencies so nothing falls through the cracks.

About Systemates

Founded in 1997 and located in downtown Dallas, Systemates, Inc. provides a Web-based Project Lifecycle Management (PLM) system for use by Healthcare, Education, Government and Retail construction industries. With clients located throughout North America and across the globe, more than 25,000 users representing hundreds of companies use Projectmates on an enterprise level. To learn more about Projectmates log on to http://www.projectmates.com.

Contact:

Shree Adarsh
Phone: 214-217-4100

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