New Release of Upland’s Tenrox Professional Services Automation Application Advances Financial Planning Capabilities

AUSTIN, Texas (January 5, 2015) – Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based Enterprise Work Management applications, today announced that new enhancements to its Tenrox professional services automation (PSA) and time and expense tracking application are now available. Already an industry-leading application, the Tenrox feature enhancements enable customers to better manage project financials with an enhanced user experience.

The latest release of Tenrox includes:

Financial Planner Module Enhancements
Project managers are able to more effectively forecast costs and revenues as they initiate and run projects, as well as monitor trends and projections, with the ability to define fiscal calendars, a new forecast rate engine, and enhancements to view options, forecasting and revenue recognition.

User Experience Enhancements
New additions include the ability to personalize interactions with profile pictures, user defined fields (UDF) inheritance, enhanced search capabilities on project screens, as well as improved invoice template options.

Infrastructure and Architecture Enhancements
Improvements to the Timesheet entry, security options, new expense module capabilities and resource planning updates, as well as new integrations and certifications.

Upland is also introducing its new Tenrox App Center where Tenrox customers can access applications that complement and sit on top of Tenrox to help improve their business productivity through integrations, reporting and data exchanges with third party systems.

The new Tenrox release is available directly from Upland and in Australasia through Upland’s partner, UXC Eclipse. More details can be found at Tenrox Fall 2014 Release.

About Upland Software
Upland (Nasdaq: UPLD) is a leading provider of cloud-based Enterprise Work Management software.  Our family of applications connects people through technology, automates the flow of work and brings visibility to all aspects of the organization. With more than 1,200 enterprise customers around the globe, and over 200,000 users, Upland helps teams in IT, marketing, finance, professional services and process excellence run their operations smoothly, adapt to change quickly and achieve better results every day. To learn more, visit www.uplandsoftware.com.

About Tenrox
The Tenrox workflow-driven, cloud application is designed to meet the challenges of managing globally dispersed services organizations and project workforces. It automates project initiation, resource management, time and expense, and reporting and analytics to enable customers to improve the management of billable projects from pipeline to close. Tenrox offers configurable cost and billing rules, including chargeback or invoicing, with certified integrations to all major CRM and accounting systems. Organizations worldwide, including Abbot Vascular, Autodesk, Estee Lauder, Eaton, General Electric and JDA Software, trust the Tenrox product to meet their requirements in the areas of Professional Services Automation (PSA) and time and expense tracking. Tenrox is part of the Upland Software family of cloud-based Enterprise Work Management applications. For more information, visit www.tenrox.com.

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