Economic Pressures Contribute to 200% Growth of VCSonline SaaS Project Management Customers Ahead of VPMi Professional 4.0 Launch

In a troubled economy, organizations look for new technologies to improve productivity. These companies are increasingly turning to a VCSonline project management SaaS offering, VPMi Professional. VCSonline has reported a 200% increase in new customers this year and expects growth to continue with a new version which includes Microsoft Project integration, supply & demand resource forecasting, dashboards, earned value, and customer billing at a price well below similar competitive offerings.

St. Louis, MO, August 20, 2008 --(PR.com)-- VCSonline has reported a 200% growth this year in new customers of their online project management service, VPMi Professional. The popularity of the Software-as-a-Service (SaaS) project and team collaboration solution has been credited to associations looking to integrate customers, suppliers, and employees without the overhead of travel, meetings, and support staff. To further accelerate the adoption of the service, VCSonline has announced the immediate availability of VPMi Professional 4.0, which now includes: Microsoft Project 2007 integration, supply & demand resource forecasting, digital dashboards, earned value, customer billing, and Project Gantt reporting. VPMi Professional 4.0 is available via the internet and is accessed with a browser for a low monthly fee per user. Companies can begin using the software immediately with no servers to setup, software to install, or databases to program.

"With the new VPMi Professional 4.0 there is a virtual home and role based toolbox for everyone,” notes VCSonline co-founder Jeff Pupillo. “Never before have we seen a project management package offer so much with so little investment of time and money. The new version really opens up project management to the masses that previously was only available to the richest companies and only usable by certified professionals."

"For 10 years the VPMi Professional has always been a simple, sensible, and supportable alternative to our high-priced and cumbersome competitors," said VCSonline co-founder Nick Matteucci. "With this latest upgrade we streamlined collaboration between management, departments, customers, and suppliers. With budgets tight and energy costs spiraling, people are looking for new ways to improve productivity with reduced administration, travel costs, and fewer resources. When they see the new array of collaboration tools and reports we have assembled in a simple to use service, the response is overwhelming, even before they see how far we undercut our competitors. They say ‘customers vote with their feet’ and in our case the growth numbers really speak for themselves."

"SaaS adoption is highest in applications that support simplified, common business processes or large, distributed virtual workforce teams," said Sharon Mertz, research director at Gartner. "Ease of use, rapid deployment, limited upfront investment in capital and staffing, plus a reduction in software management responsibility all make SaaS a desirable alternative to many on-premises solutions, and they will continue to act as drivers of growth."
About VCSonline

VCSonline is a St. Louis-based corporation that has 10 years experience delivering simple, sensible, and supportable web-based project, resource, and portfolio management solutions that revolutionize client, team and executive communications. The company has seen a 200% increase in new company signups due to an impressive combination of low cost, ease of use, and excellent customer service. With VCSonline products and services, organizations can increase efficiency through the proven power of Software-as-a-Service (SaaS) at a low total cost of ownership.

About VPMi Professional

VPMi Professional 4.0 is a web-based project portfolio management solution allowing project centric organizations to collaborate with clients, suppliers, and staff in order to improve revenues, decrease expenses, and improve customer satisfaction. The latest version of the VPMi simplifies resource management, boosts decision making with dashboard reports, integrates with Microsoft Project 2007, and allows full project accounting including profit and loss reporting. These new features are on top of the existing leading project, timesheet, program, and document management capabilities.

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VCSonline.com
Greg Tilley
636-391-7087
www.vcsonline.com
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