Requisition and spend management software publisher, Paramount WorkPlace, announces the successful deployment of its solution in manufacturing and nonprofit sectors.
Download Paramount WorkPlace is Successfully Driving the Procure-to-Pay and Expense Processes for Customers Spanning Diverse Industries Press Release
Detroit, MI – August 13, 2018 – Paramount WorkPlace, a leading software developer and provider of cloud-based and mobile spend management software solutions, today announced the successful deployment of its procurement software and expense solutions for organizations operating in two very different industries: the manufacturing and nonprofit sectors. The successes highlight the versatility of Paramount WorkPlace’s procurement and expense management solutions, and the company’s ability to flexibly configure its solution to meet diverse customer requirements. Minn-Dak Farmers Cooperative turns sugar beets into sugar. With more than 500 employees and a sprawling manufacturing plant, the company generates more than 10,000 requisitions each year. Prior to implementing Paramount WorkPlace, it took the company two full days to process a requisition. Thanks to the automated workflow and streamlined operating procedures that the Paramount WorkPlace requisition solution brings, the time to process a requisition has been reduced to less than half a day. The software integrates with Minn-Dak’s ERP, Microsoft Dynamics GP, to further speed and simplify the entire procure-to-pay cycle. John Weiser, IT Manager at Minn-Dak, said, “Honestly, I don’t know how we functioned before; it has completely streamlined our procurement cycle and brought us enormous efficiencies. Paramount WorkPlace continues to exceed my expectations. Our staff uses it, they love it, and it fits the way we do business.” Cornerstone Fellowship is vital, vibrant church with five locations throughout the East Bay area — and plans for at least another five. The organization does a superb job of connecting its congregations with the community, promoting opportunities to give, serve, and engage in a multitude of ways. As part of its ministry, staff and volunteers naturally incur expenses. Before implementing Paramount WorkPlace, employees and volunteers were often frustrated with the delays in processing expense reimbursements. It was a time-consuming, manual, and paper-based process. Since implementing the Paramount WorkPlace Expense Management solution, expenses can be submitted by mobile device, including an image of the expense receipt. The automated workflow ensures accurate expense report routing and integration with Microsoft Dynamics GP leads to quicker expense reimbursement. “Before Paramount WorkPlace, we needed one full-time and two part-time staff in our accounts payable department, Although we’ve added three additional campuses, we’ve been able to eliminate the need for the second part-time person,” said Tina Danskin, Senior Finance Assistant at Cornerstone Fellowship.Khensa Bangert, VP of Marketing & Business Development for Paramount WorkPlace. Salim Khalife, President and CEO of Paramount WorkPlace, said, “From requisition and procurement through expense management and AP automation, we provide solutions to simple and complex business challenges. It’s rewarding to hear of our many customers’ successes, and it inspires us to continue growing and further expanding the products’ functionality. We are extremely grateful to Minn-Dak and Cornerstone for sharing their stories with us.” About Paramount WorkPlaceParamount WorkPlace develops, sells, and supports advanced web-based and mobile requisition, procurement, and expense software solutions for mid-market and enterprise organizations. With over 131,000 worldwide users, Paramount WorkPlace cloud-based and on-premise solutions are trusted by global, national, and local brands for their powerful capabilities, intuitive features, and the option for a stand-alone and integrated extension of Microsoft Dynamics GP, AX, NAV, and SL; Sage ERP 100, 300, 500, Sage Intacct, Blackbaud Financial Edge and NXT, Acumatica, NetSuite, SAP, Oracle, and Epicor. Learn more at www.paramountworkplace.com