Press Releases

Hard Dollar Helps Enterprise Customers Maximize Profitability With First Fully Integrated Project Lifecycle Solution

Hard Dollar’s New Solution Provides As-built Visibility in Real-Time to Dynamically Manage Resources, Cost, Schedules and Cash Flow Across Multiple Projects

Tempe, Ariz. – April 10, 2006 – Hard Dollar Corporation, a leading provider of integrated project lifecycle management solutions, today introduced the first product on the market to offer project-driven enterprise companies a way to manage critical information across multiple projects. Hard Dollar’s new solution addresses current business issues by allowing customers complete visibility and control over their entire project portfolio through the real-time interaction of resources, cost, schedules and cash flow.

“The project driven enterprise currently faces a unique challenge in optimizing company growth. In order to capitalize on the influx of project work available in the marketplace, companies must find a way to manage this growth within the present constraints of cash flow, time, personnel and other resources,” said Alistair Johnson-Clague, president and chief executive officer, Hard Dollar. “Our solution gives enterprise companies a holistic approach for managing the interaction of these resources to maximize their business potential.”

Customers faced with resource constraints in addition to a growing project portfolio have a limited amount of time to reflect on the productivity of current project management processes. Hard Dollar’s new offering will give customers the ability to analyze how resources interact across multiple projects and they effect the business at any stage throughout the project lifecycle. Additionally, it allows users to extract data from previous projects in order to make more prudent recommendations for current and future projects.

“Before Hard Dollar’s solution, enterprise companies had no other choice than to adapt disconnected point solutions to manage the varying levels of a project. Hard Dollar offers one holistic solution bringing together a complete scenario to solve business problems at the granular level,” said Dan Browning, chief technology officer, Hard Dollar. “Hard Dollar’s solution closes the loop, reduces systems and integration issues all while providing greater visibility across the business.”

REAL TIME INFORMATION The newest Hard Dollar solution is the only product available to enterprise customers that provides simultaneous user access so all changes made to existing projects occur in real time, without having to refresh the current view. This type of functionality enables personnel out in the field and those working from a desktop to input and synchronize information via wireless Internet connection or handheld device. Enhanced native Wide Area Network (WAN) support makes integration touch points stronger, allowing fast and more efficient field data collection. Users can sync data when using Windows compatible handheld devices, including PDAs, tablets and compatible Smart Phones (among others) for real time reporting regardless of location.

CROSS PROJECT TRACKING Users have the ability to look across all live projects at once for a complete understanding of resource availability while jobs are in progress. Additionally, the upcoming enterprise release from Hard Dollar is the only solution on the market today that has the ability to compare historical data between current and past projects for improved decision making and planning. By using a single system, customers will be able to confidently assign labor, equipment and other resources, avoiding conflicts and shortages based on the success and failure rates of past job assignments.

EASE OF INTEGRATION The new enterprise product from Hard Dollar is a single solution that seamlessly integrates with all existing systems, eliminating the need for multiple point solutions for managing the various levels of a project. The system also enables easier integrations with other systems through Microsoft SQL Server support along with industry standard methods such as XML and Web services with direct or ODBC access to data sharing.

REPORTING & DASHBOARD Through a dynamic open architecture, the Hard Dollar enterprise solution enables users to access reports and dashboards via a Web browser. Individual users can define their own dashboards displaying information important to their job function, including single or cross-project reports, graphs and gauges to flag critical situations and measure goal attainment.

The Hard Dollar Enterprise solution is currently in beta testing with several high profile customers and will be available to the public in Summer 2006.

About Hard Dollar Corporation
Founded in 1989, Hard Dollar Corporation is the world’s leading provider of integrated project lifecycle management solutions. The company’s patented technology is the only functional, single-view solution on the market that offers real-time, multi-user collaboration through the managed interaction of resources, cost, schedule* and cash flow throughout the entire life of the project. The comprehensive software is designed specifically to manage the rigorous and ever-changing demands of enterprise scale projects to maximize profits.

Hard Dollar systems are deployed today by thousands of users to manage billions of dollars worth of projects every month spanning multiple industries. For more information on the company or its products, visit http://www.harddollar.com/.

*Two-way, dynamic integration with Primavera supports Primavera Engineering & Construction version 5.0 (SQL-server based), and requires the purchase of the Primavera integration module from Hard Dollar.

*Two-way, dynamic integration with Microsoft Project supports Microsoft Project Professional version 2002+ and requires the purchase of the Schedule module from Hard Dollar.

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