Praxinet has been named a Microsoft Business Solutions Solution Developer. Praxinet will provide solutions that complement those of Microsoft Business Solutions, a leading provider of business applications designed to help small and mid- market businesses become more connected with customers, employees, partners and suppliers.

Praxinet's solutions will provide increased functionality and satisfaction to its and Microsoft Business Solutions' mutual customers. Specifically, its Employee Performance Appraisal System (EPAS) provides a powerful and agile capability to capture, evaluate and analyze employee performance information across the enterprise. This Web-based solution can be tailored to support any performance management approach. And by utilizing its powerful analysis and reporting capability, EPAS provides access to the full range of employee performance data needed to support policy formulation and management of employee retention, performance measures, corporate learning, compensation, incentives and other related areas.

EPAS leverages personnel and financial data from multiple Microsoft Business Solutions' applications and integrates with them to provide a seamless user experience. Praxinet has also developed solutions that address areas such as recruitment and selection, personnel cost allocation, expense reporting, e-procurement, time and attendance reporting and general workflow process automation.

Microsoft Business Solutions' products are designed to meet the broad spectrum of business application needs of small businesses to mid-size companies (also known as the mid-market), which generally consists of businesses with $1 million to $800 million (U.S) in annual revenues. The business solutions are fully and seamlessly integrated across the application areas of enterprise resource management (ERM), customer relationship management (CRM), supply chain management (SCM) and business intelligence.

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