Customer Driven Innovation Highlighted in Latest Version of Upland’s Professional Services Automation Application (PSA)

 Upland’s Tenrox features new project status reporting module and simplified recurring billing processes

AUSTIN, Texas (July 15, 2015) – Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based Enterprise Work Management applications, today announced that the latest version of its Tenrox professional services automation (PSA) and time and expense tracking application is now available. This latest edition was fueled by customer driven innovation, which includes two new modules – Project Status Reporting and Product Central – to extend the already robust and comprehensive capabilities of Upland’s Tenrox.

“The latest enhancements to Upland’s Tenrox PSA application provide our customers with even greater flexibility and productivity,” said Kevin Sequeira, Upland Software’s general manager and director of product management for the Tenrox line of business. “This product release was centered on a customer driven innovation model that subsequently resulted in the strengthening of our customer engagement and application delivery processes.”
Tenrox’s new and enhanced capabilities include:

Project Status Reporting (PSR) Module: The new PSR module allows project and portfolio managers to easily track the status of their projects through configurable forms and key performance indicators (KPIs). Updates are time stamped and powerful analytics let users see how projects are trending in order to make more informed decisions.

Product Central Module: The new Product Central Module creates easy billing of recurring entries, allowing finance and billing teams to quickly invoice and recognize revenue. The ability to define billing rules and forecast the quantity of items to bill ensures there is no revenue leakage due to unbilled entries.

Analytics: The addition of a new visualization layer allows users to create visually appealing reports, and the addition of new views allows a more comprehensive dataset on which reports can be built.

The Financial Planner: Enhancements include a new forecast rate engine and additional configurable options on the user interface.

Integrations: Updated partner integrations include SAGE ERP 300 2014, Microsoft Dynamics GP 2015, Microsoft CRM Online 2015 and Microsoft Project 2013.

For more information on the latest version of Tenrox, attend the highlights webinar on July 20, 2015 or go to tenrox.com/en/solutions/Tenrox2015-R1.htm. Tenrox is available directly from Upland, and in Australasia and neighboring territories through UXC Eclipse.

About Upland Software
Upland (Nasdaq: UPLD) is a leading provider of cloud-based Enterprise Work Management software. Our family of applications connects people through technology, automates the flow of work and brings visibility to all aspects of the organization. With more than 1,600 customers around the globe, and over 225,000 users, Upland helps teams in IT, marketing, finance, professional services and process excellence run their operations smoothly, adapt to change quickly and achieve better results every day. To learn more, visit www.uplandsoftware.com.

About Tenrox
The Tenrox workflow-driven, cloud application is designed to meet the challenges of managing globally dispersed services organizations and project workforces. It automates project initiation, resource management, time and expense, and reporting and analytics to enable customers to improve the management of billable projects from pipeline to close. Tenrox offers configurable cost and billing rules, including chargeback or invoicing, with certified integrations to all major CRM and accounting systems. Organizations worldwide, including Abbot Vascular, Autodesk, Estee Lauder, Eaton, General Electric and JDA Software, trust the Tenrox product to meet their requirements in the areas of Professional Services Automation (PSA) and time and expense tracking. Tenrox is part of the Upland Software family of cloud-based enterprise work management applications. For more information, visit www.tenrox.com.

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Media Contact:
Karoline McLaughlin
media@uplandsoftware.com
512.960.1010