Fifth Element streamlines its project business with the PlanMill PSA solution

Press release May 15, 2006 - Provider of user-friendly project business solutions that support real-time operation, PlanMill Ltd has delivered to Fifth Element Oy a browser-based PlanMill PSA (Professional Services Automation) solution for about 80 users. The new integrated PSA solution replaces several previously used individual systems for project management, worktime reporting and other reporting. With the real-time PSA system, Fifth Element streamlines its processes related to planning, monitoring and management of operative project business, worktime management of the project teams, invoicing, payroll computation, and reporting. Additionally, the solution supports uniform operating methods in a networked business environment.

According to the CEO of Fifth Element, Timo Teimonen, the company was looking for a user-friendly, centralized, scalable and cost-effective system for managing its demanding development, contract work and delivery projects. At the same time, the company wanted to make sure that the selected PSA system would be able to fulfill customer-specific business requirements of a networked business environment also in the future.

The integrated PSA solution of PlanMill stood out among the alternatives due to its modular nature and its user-friendly, browser-based approach. The decision was also supported by PlanMill's flexible and cost-effective implementation model, says Timo Teimonen.

- The cooperation we have started with the fast growing Fifth Element, further strengthens PlanMill's position as a specialized provider that has 100 percent focus on professional service and project business related solutions. Targeting in particular organizations producing software and professional services in the ICT field, we are one of the leading providers of PSA solutions in Finland, says Thomas Hood, the CEO of PlanMill Ltd

Additional information:
CEO Thomas Hood, PlanMill Oy
Tel. 040-558 5138 or thomas.hood@planmill.com

Sales Director Arto Saarinen, Fifth Element Oy
Tel. 040-706 4632 or arto.saarinen@fifthelement.fi

PlanMill in brief
PlanMill Ltd is a leading provider of user-friendly, real-time PSA (Professional Services Automation) solutions. Browser-based PSA solutions by PlanMill help to improve the control of customer relationships, projects and business processes, which in turn improves the customer companies' productivity and profitability. PlanMill solutions have been deployed to more than 60 leading service companies and IT and R&D divisions of companies in more than 10 countries. Its customers include Digita, Fifth Element, Ilmarinen, Mondi Packaging, Nordea, Raiffeisen Informatik, Sofia Digital, Tieto-X and UNIQA. The company has established an authorized dealer network to Austria, Switzerland, and Germany. PlanMill is a subsidiary of TJ Group Plc, which is listed in the Helsinki Exchanges. Additional information: www.planmill.com

Fifth Element in brief
Fifth Element Oy develops and delivers real-time and mobile business solutions based on SAP and JD2 products for its customers. Our customers are leading companies of the field in Finland and neighbouring areas. The operation of Fifth Element is based on advanced knowledge of the selected fields of technology (S60/Symbian, mobility, J2EE, and SAP) and know-how (SAP, location and geographic information) and full commitment to customer projects. The company has about 80 specialists, who work in Espoo, Tampere, Jyväskylä, and Riga. Additional information: www.fifthelement.fi

This is a translation of the original Finnish release. In case the translation differs in meaning from the Finnish version, the Finnish version takes precedence.

Distribution:
Main media

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