Pyramus Consulting announces the release of IFRS On Demand
Solution enables engagement delivery and project management for IFRS conversion initiatives

Princeton, New Jersey – July 22, 2008

Pyramus Consulting, a leading project management consultancy, today announced the release of IFRS On Demand, the industry’s first on demand solution to enable engagement delivery and project management for IFRS conversion initiatives. The solution is designed to meet a growing demand from global companies transitioning from Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRS).
 
IFRS On Demand™ automates the business processes associated with the conversion from GAAP to IFRS. The solution embeds a structured project management discipline to bring governance, visibility and control to the IFRS conversion process. Assessments, gaps, schedules and documents are managed in a Web-based repository to facilitate collaboration in a secure global environment.

The solution is preconfigured with the Pyramus IFRS conversion methodology or can be easily adapted to support other IFRS methodologies. This Software-as-a-Service (SaaS) offering is powered through the Project InVision On Demand platform, from Project InVision International (PII), a leading on-demand software vendor, to provide the following benefits:

  • Immediate Availability – On demand solution can be up-and-running immediately in a hosted environment without burdening the customer’s IT department.
  • Right-sized Subscription Pricing – Software subscription levels can be adjusted to affordably meet the changing demands of an IFRS engagement portfolio.

“By leveraging the Project InVision On Demand platform we are able to offer an affordable, on-demand IFRS solution,” said Joshua Blatt, Managing Principal of Pyramus Consulting. “This platform allows us to offer our process expertise and methodologies to this emerging market.”

This release represents Project InVision’s continued commitment to offer affordable, on demand solutions to resolve pressing business issues in emerging market segments.

“The solution combines the IFRS conversion expertise of Pyramus Consulting with the on-demand capabilities of the Project InVision software solution,” said Matthew Meblin, CEO and co-founder of Project InVision International. “We look forward to bringing the benefits of this joint, on demand solution to market."  
For additional information visit: www.ifrsondemand.com, or call (888) 325-2093
 
About Pyramus Consulting

Pyramus Consulting LLC is a management consultancy headquartered in Princeton, NJ, providing services in the areas of operational improvement, program management, and risk management, with specific experience in Big 4 accounting process improvement. Visit www.pyramusconsulting.com or call (609) 524-4373 for more information.

About Project InVision International

Project InVision International provides on demand software solutions to improve business performance for their clients including industry leaders: PricewaterhouseCoopers, AT&T, EDS, and TELUS. The Project InVision on-demand platform helps businesses automate processes such as project and portfolio management and professional services delivery. Project InVision International, founded in 1992, is privately held and headquartered in the San Francisco Bay area. Visit www.projectinvision.com or call (888) 763-3555 for more information.

Media Contacts:

Joshua Blatt
Pyramus Consulting
joshua.blatt@pyramusconsulting.com
609-524-4373

Matthew Meblin
Project InVision International
mmeblin@projectinvision.com
415-209-1101


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