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Press Release

How Senior Executives Can Stay Out Of Trouble And Protect Shareholders
Montreal – February 19, 2002

Tenrox, The Enterprise Optimization Company, provides state-of-the-art enterprise solutions that help CFOs and CEOs meet their obligations.

There are many recent instances in the news of numerous important enterprises restating their financial results, or even landing themselves in outright bankruptcy because of poor internal controls.

Tenrox optimization software and services help finance and project/service delivery departments keep their CFOs and CEOs in control and out of trouble.

Tenrox solutions have been winning awards and customers for years and some of the greatest benefits that they provide are predictability and auditing functionality. Tenrox solutions perfectly complement a company's current investment in ERPs and other corporate information systems.

Tenrox provides completely Web based Time, Expense, Purchasing, Business Intelligence & Analysis, and Workflow solutions to help customers mechanize their corporate procedures. The result is allowing organizations to track and report their project and financial data at exactly the level of detail they need for payroll, charge back, billing, tracking, auditing, cost/revenue analysis and ERP summarizations.

Tenrox solutions provides immediate benefits to CFOs and CEOs, such as:

  • Standardization
  • Predictability
  • Internal auditing system
  • Commercial Support Service Level Agreements
  • Support centers
  • Trained consultants

Tenrox offers professional services for needs analysis, installation, customization and optimization that interface with third-party applications based on customer requirements. The customer is provided with a turnkey solution that generates a fast ROI and a powerful auditing/tracking system.

"Being a senior executive, I completely appreciate the importance of proper internal auditing and control mechanisms. At Tenrox, we use our workflow and auditing software to measure performance, and report on project cost/revenue and status. We would be operating with zero visibility without these critical tracking systems," says Rudolf Melik, President and CEO.

For more information contact Tenrox today

About Tenrox

Tenrox empowers client companies to meet the challenges of globalization, enterprise fragmentation and increased regulatory scrutiny. Available on-demand or on-premises, Tenrox solutions have served more than 800 organizations in 50 countries, maximizing efficiency, data security and reliability. Since 1995, Tenrox has served organizations such as Rio Tinto Alcan, E*TRADE Securities , First National Bank, Visa, Hydro Quebec, Invensys Systems Canada, Major Drilling, Pioneer Natural Resources, US Army, The Pentagon, Talisman Energy, University of Michigan, Northrop Grumman, Oxfam, Thermo Fisher Scientific, Estee Lauder and Wyeth. Tenrox 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 www.tenrox.com.

Media Contact:
Marie Melchiorre
Tenrox Public Relations
877-483-6769 Ext. 4603
publicrelations@tenrox.com


 

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