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Project management software, Cost accounting, Project tracking system

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Project Managent | Project Portfolio Management | Professional Services | Technology | Compliance

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Project Management

Tenrox Why Your Project Management Sucks New!
From Sucks to Bucks for Technology and Software Businesses
  How today’s highly connected, globally dispersed and hyper-competitive world has changed the service game and six actions you can take now to improve project execution.
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Tenrox “We Already Have a Process – Why doesn’t it Work?”
The Client Aligning Process with Technology to Maximize ROI
  Most PS practitioners have heard the “process” story more times than they care to remember – and many have even taken proactive steps to evaluate and implement appropriate processes, but with few (if any) meaningful results to show for their efforts. In this whitepaper, RTM Consulting CEO Randy Mysliviec shares proven strategies for aligning key processes with your PSA and other tools to drive greater adoption and achieve maximum value from your process investment.
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Tenrox The Rise of the Project Workforce
  As organizations and managers find themselves with two feet planted firmly in a fully interconnected, truly global economy, one truth is evident for all enterprises—and particularly for project-driven businesses that rely heavily on project teams and information workers:
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Tenrox Managing the Future: Ten Trends in Project Management
  I am not a genius, nor an oracle that can peer into the mist and deliver clear pronouncements about what the future holds. However, I am the head of a technology company that provides software solutions to empower project managers and the emerging project workforce. And that has provided a unique perspective from which to view the fascinating, tumultuous times the business world—and the world in general—has experienced at the beginning of the 21st century.
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Tenrox The Hidden Force: How Workforce Planning Can Lead to a Market Advantage
  There is an old adage that says business is like a car; it won’t run by itself except downhill. Yet when it comes to arguably the most important element of business — Human Capital — many enterprises are not fully in the driver's seat. They use outdated top-down manual systems, or simple spreadsheets, to get the right people to the right place at the right time.
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Tenrox Project Planning and Earned Value Analysis (EVA) for IT, Internal and Billing Projects
  This white paper explains why EVA is important in the project planning process, illustrates by example how it works, and describes the tools and metrics needed by project managers to both perform EVA and to utilize its results effectively.
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Tenrox Guide to Business Process Management for Project Managers
  Centralized, formalized, and audited work processes substantially improve the efficiencies, decision making ability, and ultimately the performance of any organization. This guide presents an overview of the key processes that directly and indirectly impact project and service delivery. The objective is to show how Business Process Management (BPM) concepts, when applied to Project Management, provide an organization with a more effective and predictable strategy for project management and operational control.
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Project Portfolio Management

Tenrox Project Workforce Management for Internal and IT Projects Beyond Project Portfolio Management (PPM)
  Writing on competitive advantages in his seminal work, “Competitive Strategy: Techniques for Analyzing Industries and Competitors,” famed business scholar Michael Porter notes, “There is less to fear from outside competition than from inside inefficiency.” In other words, companies should first “look within” to do what they do with efficient excellence before “looking without” to competitive moves.
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Tenrox Executive's Guide to Project Portfolio Governance & Compliance
  Project-related costs account for a significant percentage of overall IT and product development budgets. Projects have the highest risk of experiencing a variety of threats and challenges. Therefore, understanding and addressing project and portfolio threats has to be at the core of any company's compliance and governance initiative.
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Professional Services

Tenrox The Butterfly Effect New!
How to Make Disciplined Decisions in Project-based Organizations
  This white paper looks at how the day-to-day decisions by executives and project managers have a critical impact (positive or negative) on the individuals and the organizations they work with. It then describes how professional services automation (PSA or what Gartner calls Project Portfolio Management/PPM for Professional Services Administration) both as a set of best practices and a best of breed tool can structure, formalize and improve project decisions.
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Tenrox Emerging Technologies and Their Impact on the Professional Services Sector
  There are three major technologies that are having a greater than normal influence on professional service organizations: smart mobile technologies, social computing and cloud computing. These technologies, taken together, are creating tremendous opportunities for service organizations and will require adjustments to the way they approach their workforce, processes, integration and more.
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Tenrox Packaged Services Success: Leveraging Automation to Meet the Rising Demand for Productized Professional Services
  Cost - Quality - Predictability - three words technology professional services delivery personnel hear often, and three challenges they face every day. Said another way, how do we achieve low cost and high quality in a predictable manner with every project we undertake? It’s a task easier said than done. In these same organizations, sales and marketing personnel must also tackle the challenges of presenting services in a way that is simple to explain, and easy for prospects to understand. In both these cases, packaging of services may be the answer!
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Tenrox Sales and Service Can’t We All Just Get Along?
The Client Relationship Pillar: CRM and PSA Integration Drive Performance (White Paper by SPI Research and Tenrox)
  This whitepaper identifies typical causes of sales and service misalignment. SPI Research depicts a representative complex sales cycle and supporting sales and service roles. We examine typical integration points between CRM and PSA applications to facilitate effective sales and service communication. We then show the benefits of CRM and PSA integration.
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Tenrox Time and Billing
  Time and billing applications are used in professional services organizations such as legal, engineering, accounting and hi-tech consulting firms where detailed time and expenses are tracked and billed to specific customers. Time and billing software is used when there is little to no product inventory to sell and maintain.

This guide serves as an introduction to time and billing software, the benefits of implementing it, and what you need to prepare for and deploy such a solution in your organization.
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Tenrox A Primer on Just-in-Time ResourcingSM
  Just-in-Time ResourcingSM (JITR) can offer significant advantages and immediate benefits to professional services agencies, consulting companies and other expanding technology firms needing improved resource planning. “Stop gap” and other measures can compound the problems in handling large scale fluctuations in labour sourcing and management. Find out how JITR addresses the need for optimal resource supply for growing businesses, and how to enable JITR through project workforce management software.
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Tenrox Recognizing Project Based Revenue: Beyond “Guesstimating” and Toward Automation New!
  This paper looks at some of the traditional challenges and approaches to project revenue accounting. It also describes a new feature, recently available from Tenrox that automates the calculation of project revenue recognition and directly integrates project management systems with ERP and accounting systems. In the process, time and money are saved and accuracy and compliance are increased.
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Tenrox Project Workforce Management for Service Organizations Going Beyond Professional Services Automation
  Nowhere in business is the Benjamin Franklin adage, “Well done is better than well said,” more apt than in services organizations. While buyers delighted with products may forgive a company for glitches experienced in obtaining them, customers buying services will not. The experience is the service. Strategic plans, implementation roadmaps and performance objectives are meaningless without the timely and effective delivery of the services promised.
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Technology

Tenrox The Truth About On-Demand Enterprise Applications: The Sooner You Transition From On-Premises Software The Better
  In the never-ending pursuit of increased agility, flexibility and versatility, more and more companies are relying on consultants and project-driven staffing to respond to the demands of the marketplace. It’s the reason companies like yours have turned to Tenrox to help manage the many challenges that come with even the most successful project planning and project workforce strategies.
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Tenrox How Tenrox Leverages the Microsoft Platform
Project Workforce Management built on the Microsoft Technology Stack
  A common pain of business managers in a variety of enterprises is the proliferation of spreadsheet-based reports and tracking that hit customers and business units with a blizzard of assorted and often conflicting data. Disconnected or manually integrated systems, a mish-mash of unapproved data, and a wild email exchange of spreadsheets leads to an environment that is ripe for revenue leakage, errors, fraud and systemic control weaknesses. Tenrox leverages the Microsoft Platform to provide a powerful and affordable alternative to this state of disarray.
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Compliance

Tenrox How Project Workforce Management Simplifies Compliance : A Faster Road to Sarbanes-Oxley, Defense Contract Audit Agency, and Labor Law Compliance
  This paper illustrates how an automated project workforce management solution, like that available from Tenrox, streamlines compliance by eliminating the unsynchronized, disconnected solutions that companies use to fulfill SOX, DCAA and labor law mandates.
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Tenrox Using Software Development GAAP Accounting Regulations to Drive Business Value
  In his quintessential guide to personal and financial success Think and Grow Rich, Napoleon Hill tells the story of an entrepreneur who gained unprecedented success in the insurance industry through a lesson he learned by failing in the gold mining business. In his younger days, this man had failed to turn a profit in his gold mining company because he had given up in dismay, not realizing that he had stopped his drills just three feet from striking one of the richest gold veins to later be found in California. Never again did he let himself “stop three feet from gold.”
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Tenrox Complying with DCAA: Project Cost Accounting for Government Contractors
  In a commercial contract, the deliverable is a package of goods and services. In a government contract, there's another ingredient for the contractor to reckon with: administrative reporting to assure that costs billed to the contract are allowable by the government. In this sense, “reporting” means not only routinely submitted reports such as detailed justification for contract billing, but also the ability to produce on-demand responses to government auditors' requests for information.
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Tenrox Tracking, Reporting and Auditing for SRED (Scientific Research and Experimental Development)
  To encourage innovation and stimulate R&D activity in Canada, the Canada Revenue Agency (CRA) provides the Scientific Research and Exploratory Development (SR&ED) program. This program offers significant investment tax credits to businesses of any size and in any sector that develop new, improved, or technologically advanced products or processes within Canada.
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Tenrox The Project Manager's Guide to Sarbanes-Oxley
  The number of project-based organizations/departments continues to increase, and newly formed Project Management Offices (PMOs) are introduced daily. Now, more than ever, Project Managers are forced to build stronger ties to the financial operations within any project-oriented business or department that must adhere to Sarbanes-Oxley and/or its equivalent in countries across the world.
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Tenrox Tips and Techniques To Detect Fraud Or Errors In Timesheets
  Corporate governance laws, state/federal labor laws, and accounting regulations are making companies and their executives even more accountable for transparent, true and timely project portfolio, labor and financial reporting. Regulatory and oversight bodies such as the SEC, demanding and extremely cautious audit firms and nervous shareholders, now point the finger directly at the company's senior executives and hold them personally and criminally accountable for the company's accurate reporting on operations and any control weaknesses.

This whitepaper lists potential errors and fraud scenarios. It recommends a set of fraud and error detection reports that will help your organization achieve sustainable compliance for timesheet management.
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Tenrox Executive's Guide to California Wage Laws
  California wage laws are presenting a new challenge to employers. There are increasing occurrences of lawsuit cases, from current or former employees, pertaining to claims of unpaid wages that in some cases are rightfully due to them.

A time tracking solution that supports California wage laws can be a very wise investment.
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“We needed a professional services automation system that would consolidate our databases, improve our billing and expense processes, and that would be an essential platform for moving us forward for the next five years. That’s why we chose Tenrox.”

IDBS LTD.,
David W.,
Senior Project Manager

Tenrox web based enterprise project management software is a modular solution that helps simplify your, project planning, project tracking, project accounting, expense tracking, enterprise resource / capacity planning, and time and billing.

Traditional project planning and project management software tools put the burden of creating and updating project plans on the managers shoulders. Tenrox makes your project planning and management quicker and easier by using simple and effective workflow tools to help you get the job done quicker and easier.

Our online business project planning and project accounting system is workflow-driven and replaces the spreadsheets and band-aid applications that leave your project-driven work force and processes disconnected. With work breakdown structures to mirror the way you do business, Tenrox allows you to easily map your projects to your corporate structures: Capture and track project data at any level of detail, mirror every business operation area with distinct functional and approval hierarchies, and summarize or drill down into your project workforce financials. Tenrox is the perfect online enterprise project management software solution to align your projects and workforce with your business goals.

With online project management tools by Tenrox, you obtain real-time information on costs, expenses, revenue, profits, project status, schedules and issues, ensuring successful project management planning and delivery. Tenrox Project Workforce Management Software meets the needs of both service organizations for professional services automation and for internal project management offices so you can manage and view both process and financial impact in real time.

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