November 11, 2009

New Unanet Software Release Helps Optimize Staffing for
Project-Based Organizations

Small, Medium and Large Enterprises Can Automate Resource Management Processes for Increased Profitability, Reduced Risk and Improved Project Delivery

Sterling, VA, November 11, 2009 – Unanet Technologies, a developer of services automation software that helps project-based organizations manage people and projects for improved profitability, has released Version 9.3 of its market leading project portfolio management and tracking system.

Unanet’s web-based solution for project and resource management is available both On Demand (Software as a Service) and Enterprise (installed on customer premise).
The latest Unanet release delivers significant enhancements for organizations looking to improve the effectiveness and efficiency of their people across a portfolio of projects. New resource requesting functionality supports a formal process and collaboration between project and functional managers to help ensure timely project staffing and optimize resource utilization. Additional support is offered for matrix organizations to provide the control they need in managing the planning and commitment of their people to projects.

The release includes many other new features to help organizations improve resource efficiency and align forecasted demand with commitments and capacity. Planning and reporting can now also reflect an organization’s custom accounting calendar periods such as the Fiscal Year 4-4-5, so that project reporting and financial reporting are aligned. Resources can be planned in hours or Full Time Equivalents (FTE), and can be planned against task schedules, or in spreadsheet-like periodic grids. This flexible and powerful support for the different ways in which organizations perform resource management allow easy transition from planning and reporting in disparate spreadsheets into a single integrated web-based system. One customer using Unanet for resource management in their engineering organization reported a 7% improvement in utilization in the first year, reflecting savings in excess of $2M.

Unanet’s powerful project reporting capabilities which include calculation of direct and indirect project costs to provide managers with visibility of true project margin was further enhanced, and now allows unparalleled flexibility to summarize revenue and profitability from a portfolio of Time & Materials and Cost Plus Fee projects on a single report.
Lastly, the robust Unanet timesheet, relied on daily by organizations with more than ten thousand staff, allows tracking of the location of work performed in accordance with company or project-specific rules.

Fran Craig, Unanet President and CEO commented “This latest major release of Unanet software reflects our continued commitment to innovation in delivering solutions for project-based organizations. More than 650 customers are realizing the benefits of Unanet software to increase management insight, automate and streamline processes, reduce costs, and thereby improve profitability.”

About Unanet Technologies

Unanet provides superior Services Automation software which maximizes staff utilization, reduces administrative costs by 90%, improves invoicing by 10X, and supports forward decision-making for improved profitability. Unanet’s 600 customers include government contractors, consulting/services organizations, internal IT (Information Technology), and high-technology product companies. Unanet's suite includes resource management, opportunity/project management, timesheets, expense reports and collaboration with real time information and analytics, easy to use interfaces, and outstanding support. Unanet is available either as an Enterprise license (self-hosted software), or the On Demand License (hosted Software as a Service (SaaS)). http://www.unanet.com.