HKMP Deploys Metastorm BPM® Software for Enterprise Process Automation

BALTIMORE, MD – April 21, 2009
April 21, 2009
Metastorm, a leading provider of Business Process Management (BPM), Business Process Analysis (BPA), and Enterprise Architecture (EA) software for aligning strategy with execution, today announced that Held, Kranzler, McCosker and Pulice, LLP (HKMP), a mid-size accounting firm in New York city that provides a wide range of services to businesses and individuals throughout the United States, has completed its first tax season since implementing Metastorm BPM® and the results were outstanding.

Since January, HKMP experienced a 25% reduction in the amount of time spent tracking engagement progress and generating reports as a direct result of streamlining the organization’s processes using Metastorm’s software. The Metastorm BPM software suite is also being used as the foundation for enterprise process automation and has been added to the portfolio of best of breed technologies used in HKMP’s affiliated business-to-business accounting technology consulting practice, HKMP Technologies.

“Metastorm offered our firm the chance to automate not only our client-related processes but also our back-office processes, which was something that really set the Metastorm software apart,” said Stephen Barrett, IT Director of HKMP and Partner in HKMP Technologies. “We are now able to define our processes and actually enforce them without adding endless manual checks. Using Metastorm BPM, we are able to track everything from tax due dates to employee hiring and reviews. The integration capabilities allowed us to tie together the numerous applications required to run a CPA firm. By managing our processes in Metastorm BPM, we have saved time and gained tremendous insight into where our processes can be improved.”

In addition to implementing business process management for HKMP’s own internal processes, HKMP Technologies’ was eager to add a process management solution to its consulting portfolio. Metastorm BPM was selected because it offers a strong platform for supporting multiple types of business processes, scaling to varying sizes of enterprises, and delivering measurable business results.

“The Metastorm BPM software suite is very well suited for the accounting industry due to its ability to define and automate core accounting processes and integrate with related systems and tools,” stated Eileen Garry, chief marketing officer for Metastorm. “We are pleased that HKMP views Metastorm BPM as a strategic technology and has not only implemented our software internally, but has added it to its solutions portfolio to help its clients address their process improvement needs as well.”

About HKMP and HKMP Technologies
Held, Kranzler, McCosker and Pulice, LLP, provides a wide range of services to individuals, businesses and other entities throughout the United States. Founded over 30 years ago, the firm's service offerings include: Accounting and Auditing, Litigation Support, Damage Calculations, Tax Services, and Employee Benefit Plan Auditing. For more information, visit www.hkmp.com. HKMP Technologies LLC is nationally recognized as a leader in the accounting technology industry. As users of the applications they promote, HKMP Technologies’ is well-positioned to assist other CPA firms by providing technology reviews and by addressing any needs they might have with the implementation and customization process.

About Metastorm
With a focus on enterprise visibility, resource optimization, efficiency and agility, Metastorm offers market-leading software for enterprise and business architecture (EA), business process analysis (BPA), and business process management (BPM). As an integrated product portfolio, Metastorm Enterprise allows organizations to improve business results by better aligning strategy with execution. By combining the power of these three disciplines onto a common platform, Metastorm is helping organizations worldwide focus on the right business improvements, instill stronger governance, and accelerate time to value. For more information and success stories on organizations powering strategic advantage with Metastorm Enterprise, visit www.metastorm.com.