Project accounting software developer Khameleon Software has introduced the latest version of its fully integrated Web-based project management and accounting software application designed for small and midsize businesses that implement projects to deliver their products or services.

Khameleon 7.0 runs on the Oracle (NASDAQ:ORCL)  10g platform, allowing it to be deployed in multiple and remote locations, and easily scaled.

The new software features 15 role-based workbenches so that users may personalize their dashboards. It delivers tools specific to each segment of an organization, be it sales, project management, purchasing, accounting, order fulfillment, or shipping. Khameleon 7.0 streamlines applications by automating and consolidating certain steps.

The company has also launched a new hosting service for customers with five or more back office users and at least 20 project or account mangers.