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Wellesley, MA - July 20, 2009 - THINKstrategies, Inc., the leading strategic consulting company focused on the business implications of the on-demand services market, announced today that e-Builder has been named the latest winner of the Best of SaaS Showplace (BoSS) Awards program, which is aimed at promoting the measurable business benefits being delivered by today's Software-as-a-Service (SaaS) solutions.
The BoSS Awards program was announced in January 2009 as the latest initiative by THINKstrategies to bring attention to SaaS and cloud computing companies which are producing tangible business benefits for specific user organizations. These benefits include increased sales, lower costs, higher customer satisfaction, faster operations, and greater profitability.
e-Builder provides a web-based, fully integrated capital program and project management software suite for organizations managing facility planning, construction, and operations. North America's leading facility owners use e-Builder to improve project execution, resulting in increased productivity and quality, reduced cost, and faster project delivery. The system is modular in nature and can be deployed in phases. The primary modules include: Cost, Schedule, Business Process, Document Management, Reports, and Dashboards.
An example of the business value of the e-Builder Enterprise solution is at Memorial Hermann, one of the largest healthcare systems in Houston with 11 hospitals, numerous specialty and outpatient centers, and 19,000 employees serving over 1 million patients each year. Memorial Hermann is currently executing a $500 million capital program. The size and complexity of this construction effort created a lack of project cost visibility which resulted in project cost overruns. In addition, complex approval processes (e.g., vendor payment approval) affected productivity and contributed to the cost overruns (e.g., late fee payments). As a result of using e-Builder, the potential for cost overruns is greatly reduced. In addition, the use of e-Builder to automate certain construction processes has improved productivity and reduced project costs. For example, the vendor payment approval process has been reduced from 2 weeks to 2 days on average, which has improved vendor relations and eliminated late fees.
As a result of these measurable business benefits, E-Builder Enterprise has been named the latest BoSS Award winner. A full description of the company's winning BoSS Award submission can be found at http://www.saas-showplace.com/awardSummary.php?key=1190.
"We are pleased to have the SaaS Showplace recognize the business benefits our SaaS-based capital program and project management suite delivers to our customers," saidJonathan N. Antevy, Founder and CEO of e-Builder.
"In today's difficult economic climate it is imperative for organizations to tightly manage and control their capital projects," stated Jeffrey M. Kaplan, the founder of the SaaS Showplace and Managing Director of THINKstrategies, the strategic consulting firm which conceived and administers the Showplace. "The e-Builder Enterprise SaaS solution enables businesses to automate the capital and construction management process so they can satisfy their internal financial requirements and external vendor relationships."
Previous winners of the BoSS Awards can be found on,
http://www.saas-showplace.com/registerforbossaward.html.
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