Aventail Corporation Chooses Paramount Technologies' B2B-Workplace Web Solution.Business Editors, High Tech Writers FARMINGTON HILLS Far·ming·ton Hills A city of southeast Michigan, an industrial suburb of Detroit. Population: 81,400. , Mich.--(BUSINESS WIRE)--Sept. 19, 2000 Leading Managed Extranet Service Provider Acquires new Online Procurement System to Help Save Time, Money and Resources Paramount Technologies, Inc., the proven provider of mid-market business buying solutions, today announced that Aventail Corporation, a recognized leader in building and managing business partner networks, has chosen Paramount's B2B-WorkPlace(TM) Web-enabled software to manage company-wide procurement. B2B-WorkPlace will help Aventail manage production and non-production spending, including project time and expenses, with a single employee-driven application. "We were looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a requisitioning tool that was user-friendly and could easily integrate with our existing core operational systems," said Eirik Olsen, director of operations for Aventail, which is based in Seattle, Washington The reason for its protection is listed on the protection policy page. . "We believe that B2B-WorkPlace is our most realistic solution for automating our entire procurement system. We purchased the Internet version so employees can initiate and approve purchases online, making the process more efficient." Aventail will use Paramount's Web-based B2B-BuySite module to order supplies and equipment, and to procure consultant and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. . Employees will requisition items or services, and the system will route these requests to managers, making the approval process faster and easier. Managers can compare purchases with current budget needs and future budgeting plans. "Aventail's aggressive growth strategy and pioneering the Aventail.Net(TM) managed service makes them a perfect example of the dynamic, fast-growing companies we serve," said Salim Khalife, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Paramount Technologies. "Paramount's B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business WorkPlace provides the mid-market with sophisticated Internet-based workforce automation solutions that help to streamline procurement, and to promote growth and profitability. B2B-WorkPlace also includes B2B-ProjectSite(TM), Paramount's employee and project management suite. The B2B-TimeSite(TM) and B2B-ExpenseSite(TM) modules let managers gain control of project-related costs by streamlining collection of labor and related cost data. Managers can use these modules to monitor employee efficiency, project status, resource allocation resource allocation Managed care The constellation of activities and decisions which form the basis for prioritizing health care needs and constraint analysis. About Aventail Corporation Aventail is a leading provider of Internet-based business partner networks. The company serves more than 300 corporations, including half of the Fortune 10. Enterprises such as Aetna, Deloitte Consulting, Eastman Kodak, IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. , Kraft, and Rolls Royce rely on Aventail to provide the infrastructure for scalable business-to-business collaboration for business partners and employees. Aventail has received industry praise from Arthur Andersen, Computerworld, Giga Information Group, Infoworld, International Data Corporation, Network Computing, and Open System Advisors. Information on Aventail can be found at www.aventail.com. About Paramount Technologies, Inc. Based in Farmington Hills, Mich., Paramount Technologies is a leading provider of Web-enabled B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. solutions that help small to mid-sized organizations optimize their investment in conventional enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) systems. The company has more than 50 distributors and 200 customers with approximately 11,000 users worldwide. For more information about Paramount, go to www.paramountusa.com or call 248-539-9494. Paramount Technologies, B2B-WorkPlace, B2B-BuySite, B2B-ProjectSite, B2B-TimeSite, and B2B-ExpenseSite are servicemarks of Paramount Technologies, Inc. Aventail and Aventail.Net, and their respective logos are trademarks, service marks or registered trademarks of Aventail Corporation. All other brands and product names contained in this release may be trademarks or registered trademarks of their respective holders. |
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