Paramount WorkPlace | Top 20 Procurement Solution Company - 2019
Paramount WorkPlace: Transforming Procurement through Digital Technology
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CIOREVIEW >> Procurement >> Paramount WorkPlace

Paramount WorkPlace has been recognized by CIOReview Magazine as the recipient of “Top 20 Procurement Solution Companies - 2019,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Salim Khalife, President & CEO.

Paramount WorkPlace
Transforming Procurement through Digital Technology

Paramount WorkPlace

Salim Khalife, President & CEO
Most organizations cite innovation, growth, cost reduction, and risk management as key objectives in their quest to stay competitive in the market. But meeting these objectives is easier said than done as driving innovation at scale in a cost-effective manner is one of the toughest challenges modern businesses face. However, a well-designed and operated procurement solution can pave the way to improved business productivity. Paramount Workplace—a dynamic software firm based in Walled Lake, MI—is on a mission to transform procurement and expense management by incorporating robust workflow automation and innovative capabilities powered by Artificial Intelligence (AI), Machine Learning (ML), and Optical Character Recognition (OCR).

As the procurement function expands its role and influence across various departments, it is imperative that procurement data not live in a silo of its own, but connects with vital business systems, including ERP. For that reason, Paramount WorkPlace offers procurement solutions that deliver out-of-the-box integration with Microsoft Dynamics GP, SL, NAV and AX, Sage ERP, Sage Intacct, Blackbaud Financial Edge NXT, Acumatica, SAP, NetSuite, and more recently to Microsoft Dynamics 365 Business Central, Sage ERP, Sage Intacct, Blackbaud Financial Edge NXT, Acumatica, SAP, and NetSuite. As a tightly integrated solution, Paramount WorkPlace supports in-depth, workflow-intensive capabilities that most ERP solutions fail to offer on their own.

Paramount WorkPlace’s procurement solutions are designed to lower costs, speed processing times, increase visibility, boost accuracy, and eliminate manual tasks associated with the procurement cycle. “We automate the entire requisition and procurement process with a Web-Based and Mobile solution that’s easy for employees to use, effective for managers, and powerful for accounting,” says Salim Khalife, the founder and CEO of Paramount WorkPlace.

Most organizations cite innovation, growth, cost reduction, and risk management as key objectives in their quest to stay competitive in the market. But meeting these objectives is easier said than done as driving innovation at scale in a cost-effective manner is one of the toughest challenges modern businesses face.

It is the solution’s flexibility that allows it to address the unique requirements of each client’s workflow, automating manual processes and saving businesses time and money

However, a well-designed and operated procurement solution can pave the way to improved business productivity. Paramount Workplace—a dynamic software firm based in Walled Lake, MI—is on a mission to transform procurement and expense management by incorporating robust workflow automation and innovative capabilities powered by Artificial Intelligence (AI), Machine Learning (ML), and Optical Character Recognition (OCR).

As the procurement function expands its role and influence across various departments, it is imperative that procurement data not live in a silo of its own, but connects with vital business systems, including ERP. For that reason, Paramount WorkPlace offers procurement solutions that deliver out-of-the-box integration with Microsoft Dynamics GP, SL, NAV and AX, Sage ERP, Sage Intacct, Blackbaud Financial Edge NXT, Acumatica, SAP, NetSuite, and more recently to Microsoft Dynamics 365 Business Central, Sage ERP, Sage Intacct, Blackbaud Financial Edge NXT, Acumatica, SAP, and NetSuite. As a tightly integrated solution, Paramount WorkPlace supports in-depth, workflow-intensive capabilities that most ERP solutions fail to offer on their own.

Paramount WorkPlace’s procurement solutions are designed to lower costs, speed processing times, increase visibility, boost accuracy, and eliminate manual tasks associated with the procurement cycle. “We automate the entire requisition and procurement process with a Web-Based and Mobile solution that’s easy for employees to use, effective for managers, and powerful for accounting,” says Salim Khalife, the founder and CEO of Paramount WorkPlace.

Top 20 Procurement Solution Companies - 2019

Company
Paramount WorkPlace

Headquarters
Walled Lake, MI

Management
Salim Khalife, President & CEO

Description
Paramount WorkPlace, a technology company with a mission to help the enterprises transform spend management and speed the organization's digital transformation. The company's relationship with its customer help to anticipate the expectation and then develop the features to address them, and launch before the enterprises even remind them. The company offers the business organization's with design, develop, sell, and support requisition, procurement, and expense web-based and mobile solutions for mid-market organizations. Paramount WorkPlace automates the entire procure-to-ERP cycle, manages the capital projects, control maverick spending, implement robust approval routing rules, enforce corporate travel policies, and streamline time & expense processing

Top 20 Procurement Solution Companies - 2019

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