Upland's Tenrox Professional Services Automation Software for Concur Now Available

AUSTIN, Texas, Jan. 6, 2015 /PRNewswire/ -- Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based Enterprise Work Management applications, today announced that a certified integration to its award-winning Tenrox application is now available for Concur (Nasdaq: CNQR), a leading provider of integrated travel and expense (T&E) management services. The partnership between Tenrox and Concur gives Concur customers the ability to purchase and integrate to a leading professional services automation (PSA) application that streamlines service delivery, resource management, tracking and billing.

"The combination of Tenrox and Concur extends the capabilities of both products," said Kevin Sequeira, Upland Software's general manager and director of product management for the Tenrox line of business. "Now service organizations can leverage the best application for managing service delivery with an integrated travel planning and expense management application."

Called the Tenrox PSA – Concur Integration, the cloud-based connection provides Concur travel and expense management customers with a streamlined way to move data seamlessly between the Tenrox and Concur applications. Concur customers will be able to leverage Tenrox for:

• Time tracking to gain real-time insight into utilization and project cost information
• Resource management for capacity planning, skill management and resource planning
• Automating project cost and budgeting, billing and invoicing, and revenue recognition processes
• Project status updates and planning

With the integration between Tenrox and Concur, all project related expense report data will be imported into Tenrox and will allow for:

• Generating invoices that include the expenses from Concur and time and non-labor actuals from Tenrox
• Getting an overall view of all project costs and revenues, including those from Concur expense reports

The Tenrox PSA – Concur Integration is available through Upland on the Tenrox App Center and through Concur on the Concur® Application Center. To learn more about the benefits of the integration, view this short video.

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.

Forward-looking Statements
This press release contains forward-looking statements, which are subject to substantial risks, uncertainties and assumptions. You should not place reliance on these statements. Accordingly, you should not place undue reliance on these forward-looking statements. These statements often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "seek," "will," "may" or similar expressions. Forward-looking statements include information concerning our financial performance and our ability to achieve or sustain profitability or predict financial results; our ability to attract and retain customers; our ability to deliver high-quality customer service; the growth of demand for enterprise work management applications; our ability to effectively manage our growth; our ability to consummate and integrate acquisitions; maintaining our senior management and key personnel; our ability to maintain and expand our direct sales organization; our ability to changing market conditions and competition; our ability to successfully enter new markets and manage our international expansion; the operation of and reliability of our third-party data centers; and other risks and potential risk factors that could affect Upland's business and financial results identified in Upland's filings with the Securities and Exchange Commission (the "SEC"), including its prospectus filed with the SEC pursuant to Rule 424(b)(4) on November 6, 2014. All such statements speak only as of the date made. Additional information will also be set forth in Upland's future quarterly reports on Form 10-Q, annual reports on Form 10-K and other filings that Upland makes with the SEC. Upland does not intend or undertake any duty to release publicly any updates or revisions to any forward-looking statements contained herein, whether as a result of new information, future events or otherwise.

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SOURCE Upland Software, Inc.

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