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Press Release

Tenrox Ranked As A Visionary By Gartner
Montreal – July 22, 2003

Tenrox, the Enterprise Optimization Company, is proud to announce that the analyst firm Gartner has identified Tenrox as a visionary in the recently released "Project Portfolio Management: Smart Suites for Real-Time Processes" Magic Quadrant research report. According to Gartner, visionaries are vendors who have a clear vision of market direction, package breadth, team collaboration features and meet the requirements of IS organizations today.

“Tenrox embeds Microsoft Project for synchronization without import-export, has a strong focus on T&E and billing, and features an effective workflow tool reminiscent of process-modeling tools offered by ERP vendors,” explained Matt Light, Research Director at Gartner

Tenrox offers 100% Web-based enterprise time, expense and business process automation software. These solutions allow users to configure and manage employee timesheets and expense reports, control costs and budgets, charge back/invoice, and automate the tracking of time and expense to update payroll, project management and financial systems. It also automates leave, travel, and task request approval processes, handles vacation accruals, and allows users to enter time via email or wireless devices.

“Tenrox offers a modular Internet platform and graphical workflows to automate time and expense tracking as well as other internal business processes,” said Rudolf Melik, President and CEO of Tenrox. “Our solutions were very well received at the recent Gartner Project Portfolio Management event. Our customers appreciate the fact that we leverage their existing enterprise software investments and quickly add significant value . Our mission is to help our customers optimize 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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