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Severa Announces New Add-on Features for its Award-Winning Project Manager

New add-on features include multi-currency support, document upload/linking, graphical timeline reports, and shared calendaring.

New York, NY, October 28, 2009 -- Severa Corporation (www.severa.com), a leader in professional services automation and project management tools, today announced a series of new add-on features for its award-winning Severa 3 application – a SaaS-based online tool for managing sales, customers, projects, work-time and billing for professional services.

Available since April, Severa 3 is used by more than 6,000 professionals representing 300 organizations from 90 countries. The largest users include advertising agencies, IT and business consulting firms, law firms, engineering houses and management consulting firms.

Shared Calendaring
Collaboration and activity management is improved via the use of a common, or universal calendar (complete with privacy settings); allows teams to assign tasks and sales activities.

Improved Document Management via Upload and Linking
Configured similar to a virtual file box, the improved document management feature allows media and document files to be uploaded and allocated to a specific task or project. Keyword searches on text-based files can be conducted.

Support for World Currencies
A must for global account management; supports unlimited number of multiple currencies; includes an automatic currency rate management system with a base currency reporting. For example, it can handle multicurrency pricelists and invoices, whether in Euro, British pound, Swedish Kroners, et. al.

Custom Timeline Snapshot:
Graphic display (similar to Gantt chart) of customized timeline reports detailing project work, tasks, revenue, billable hours, etc. Highly useful in viewing a snapshot of a project or case. A popular request from users and a differentiator that separates Severa from competitive products.

“These improvements in file handling, collaboration and calendaring are a direct result of listening foremost to what customers want in a project management/PSA system,” said Ville Kuusela, Severa Chief Operating Officer. “We view these upgrades as an organic, ongoing evolution of improvement; the end goal being to create the best PSA system on the Internet. Feature-rich, yes, but not at the expense of usability and simplicity. Our hope is that this showcases how Severa is on track to becoming the most trusted name in professional services automation."

Severa 3 features an intuitive user interface that requires a minimal learning curve. Its revolutionary one-click methodology allows single-click access to the most commonly used functions such as adding customers, entering work hours or running reports. This saves a lot of time since now employees can perform their daily routines with ease.

Since its inception, Severa has offered first user licenses free of charge. Discounts are available via volume licensing and prepay options. For more information visit www.severa.com.

About Severa:
Severa Corporation is a leading provider of SaaS-based professional services automation designed to take the pain out of project management for small- to medium-sized businesses. Severa 3 is offered as an online application for verticals such as advertising agencies, IT, consulting, law firms, engineering houses and architecture firms. Severa enables its customers to manage customers, projects, work time and billing more easily and efficiently with one system. Severa’s transparency into project data helps communicate business objectives, optimize resource allocation and reduce revenue leakage. Severa has received the Red Herring Global 2008 Winner Award. For more information on Severa Corporation visit www.severa.com.
                     
Severa Press Contacts:
(USA) Victor Cruz, President, MediaPR / vcruz@mediapr.net / Tel: +1 (401) 349-3369
(Finland) Karoliina Caforio, Communications Manager, Severa / pr@severa.com / +358 45 127 5352

All trademarks contained within this press release are the sole property of their respective owners and are hereby acknowledged.
 
Contact:
Victor Cruz, President
MediaPR
New York, NY
+1 (401) 349-3369
vcruz@mediapr.net
http://www.severa.com

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