| Tenrox Announces Significant New Wins in the Third Quarter and Maintains Strong Positive Momentum
Glendale, CA, December 1, 2009 - - Tenrox, the industry leader in project workforce management applications, is now the largest independent provider of on-demand project management software and PSA (professional services automation) solutions. On-demand project management software helps project teams plan and manage projects, carry out resource capacity planning, control and report on project costs and budgets, and manage internal chargebacks. PSA solutions help service organizations, embedded service teams, and professionals ranging from consultants to software development organizations that manage billable projects, a resource pool, skills and availability, as well as time, billing and expenses.
The recent addition of customers such as Miranda Technologies, Eaton Truck, PCO Innovation, Nakisa, IDBS, GE Fanuc, Estee Lauder, and JDA Software brings the company’s project management software solutions to more than 100,000 project workforce users in 50 different countries. No other independent project management software provider has reached such a large, critical mass of sophisticated, dispersed and global project users.
Tenrox has built a steadily growing customer base since its inception in 1995, which has been made possible due to the functionality and versatility of Tenrox applications that provide visibility and project management efficiency to the many industries that rely on a project-based workforce. Rapid implementation, an intuitive user interface, and workflow driven configuration that require minimal or no customization have helped spur the ongoing increase in enterprise-wide user adoption. The movement towards on-demand solutions hosted and provisioned by Tenrox has been a very strong business driver.
“Our company has experienced rapid growth and it has become increasingly difficult to translate our time and expense capture process into client billings and expense reimbursements,” said Bradley Moore, Corporate Controller at Pivot Health. “Since the implementation, Tenrox has streamlined the way we capture data, generate client invoices, post accounting entries, and reimburse employees and contractors for their time and expenses. We have implemented Tenrox for everyone in our company (employees and independent contractors) and our T&E processing time and time to bill has greatly improved.”
“Ease of use, fast implementation, an intuitive user interface, compelling features like graphical workflows, and proven integration with existing applications provided by Tenrox software drive substantial improvements in productivity and operational efficiency for our customers,” explained Rafat Hilal, Tenrox Vice President of Technology.
“All of our employees use Tenrox, whether they work as consultants, project managers, subcontractors, administration or sales staff. We have been pleasantly surprised by the rate of adoption, finding that most staff need only a few hours training and are then able to perform all of the functions that they need to on a daily basis. We continually receive return on this investment, at the beginning we were able to reduce our invoicing time from two days per week to two hours per week, but even a few years into this system we find that we are still reaping the benefits of a well supported PSA, “ expressed Kate Watson, CMA, Candlewest.
Having reached the 100,000 user mark, Tenrox is continuing to look to the future. Hilal indicated that Tenrox is making significant investments in research and development. The product roadmap will continue to drive growth and innovation for Tenrox and includes the refinement of existing applications based on user feedback, the development of two major new product modules, and new enhancements to address the surging demand for on-demand solutions.
“In 1998, the Tenrox solution offered our engineering departments the easiest solution to implement while meeting all the requirements of a large number of contracts over a diverse team of employees. We continue to use Tenrox due to the user-friendly interface, simple administration and the ability of this program to just plain work with no issues whatsoever,” expressed Steve Dombrowski, Engineering Systems Manager, Amphenol Aerospace.
About Tenrox
Tenrox online project management software solutions empower client companies to meet the challenges of globalization, enterprise fragmentation and increased regulatory scrutiny. Available on-demand or on-premise, Tenrox have served more than 800 organizations in 50 countries, maximizing project and resource management efficiency, data security and reliability. Since 1995, Tenrox has been offering its project management software tools to several, high profile clients such as GE Infrastructure -GE Fanuc, Rio Tinto Alcan, E*TRADE Financial Corp, Blue Cross Blue Shield NC. Alstom, IBM, SNC Lavalin, Hydro Quebec, Pioneer Natural Resources, Westinghouse Rail Systems, SAS, Thales, US Army, The Pentagon, Talisman Energy, Oxfam, Thermo Fisher Scientific, Estee Lauder and Wyeth. Tenrox project management software is available through direct sales channels and a network of worldwide partners. For more information about the company or its award-winning family of products, go to http://www.tenrox.com.
Media Contact:
Marie Melchiorre
Tenrox Public Relations
1-877-483-6769 Ext. 4603
Direct: 450-686-7365
Email: publicrelations@tenrox.com
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