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Press Release |
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Tenrox Time & Billing Helps Auxis Enhance Controls Over Project Costs & Revenues Tenrox, the Integrated Operational Control and Compliance Software Company, announced that Auxis™, Inc., a management and technology solutions firm headquartered in Coral Gables, Florida has implemented Tenrox Time & Billing to track its projects. Following a detailed evaluation of several products, Tenrox Time & Billing was selected as the most comprehensive, end-to-end solution for capturing, approving and accounting for project costs and revenues. The solution has been implemented company-wide and is being used by over 80 consultants across the U.S. The solution is integrated with Auxis' Microsoft (Nasdaq “MSFT”) Great Plains accounting software. Auxis undertakes projects ranging from operational profitability optimization to large scale enterprise resource planning systems implementations. Project teams can range in size from two to over thirty professionals. Previously the firm relied on a manual time and expense capture process comprised of Excel spreadsheets and emails. Without a consolidated view of operational and financial information, and with control weaknesses over time and expense reporting, Auxis was vulnerable to revenue leakage. In addition, the labor-intensive and error-prone process of entering data manually into accounting and payroll was draining the company's time and resources. “Flexible time and expense capture and approval processes, support for various costing and billing models and access to timely operational and financial data were key differentiators for us,” said Willie Rodriguez, Auxis Inc's Chief Financial Officer. Following a joint implementation effort led by Auxis' Project Manager, Medardo Lacayo, and Tenrox Professional Services, the firm immediately began to see a return on its investment. One of the first visible benefits was the timely availability of key operational and financial information such as project costs, revenues, margins by person, by project, and by practice. “The benefits have been two-fold,” added Mr. Rodriguez. “Our people out in the field now have greater visibility and control over projects . At the executive level, we have more accurate and timely information about projects and the overall health of the business.” Another benefit has been the improved control over time and expense management. Auxis has reduced the potential for revenue leakage due to human error and incomplete or missing timesheets and expense reports. About Auxis, Inc. Auxis is a management and technology solutions firm dedicated to helping companies prosper. Its professionals work closely with clients to develop the relationship and trust that lead to the detailed understanding of business goals, objectives and the actions needed for success. Auxis is an experienced, unbiased and cost-effective management and technology solutions company. Auxis' combination of business management and information technology expertise, superior project management and accountability delivers results. Its professional service offerings include; business strategy, information technology planning, operational analysis, process and information technology due diligence, package software selection and implementation, systems integration, application software development and Sarbanes-Oxley Act compliance services. Auxis' serves clients in a wide range of industries including financial services, consumer and industrial products, wholesale and retail distribution, transportation, real estate, construction, food and beverage and hospitality. The Company is headquartered in Coral Gables, Florida with additional offices in Plantation, Florida and Houston, Texas. More information about Auxis can be found at www.auxis.com 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:
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