Innovative Software Provider Recognized by Industry's Top Channel Publisher CMP, Continues Strategic Channel Push
Pasadena, California - June 19, 2007
Tenrox, the leading provider of workflow-driven Project Workforce Management Solutions, announced it has been selected by CRN, part of CMP's family of Channel Solutions, as a CRN Emerging Tech vendor due to the company's innovative and successful Tenrox Referral Partner Program. CRN's Emerging Tech list captures companies that are delivering high margins for solution providers with innovative and easy-to-use technology that undercuts industry giants.
Tenrox software solutions combine project management and workforce management with financials for cost and revenue planning, tracking and management reporting. With its built-in integration to accounting applications (Great Plains, Navision, Sage ACCPAC, SAP Business One, QuickBooks), payroll (ADP, Ceridian, Paychex), ERP (SAP, Oracle, PeopleSoft), project management (Microsoft Project), CRM (Salesforce.com and Microsoft CRM), HR, etc., Tenrox makes it easier to enforce best practices and work policies, comply with regulations, and generate reports in real-time. The benefits are instant visibility, better decision-making, fast adaptability to changing business conditions, and more effective execution of projects.
“This validation from CRN underscores our commitment to providing world-class technology solutions and the critical financial incentives that lay the foundation for successful partnerships that ultimately benefit end user customers,” said Marie Melchiorre, Director of Partner Programs, Tenrox.
Tenrox was selected to CRN Emerging Tech list on the strength of the company's established solution provider program and its defined guidelines for recruiting channel partners. The Tenrox Referral Partner program demonstrates a clear “channel positive” strategy for driving sales of Tenrox products and expanding the company's base of channel partners.
The Tenrox Referral Partner Program offers a multi-tiered remuneration package that includes Instant Referral Cash bonuses, a generous sales commission package, and the opportunity to become a long-term Tenrox channel partner. The program is open to anyone, including resellers, systems integrators or IT consultants, able to refer prospects to Tenrox. This partnership model offers referred customers the combined expertise from both Tenrox and the referral partner along with flexible, well-rounded solutions that integrate project and workforce management with financial software and customer relationship management (CRM) solutions.
According to the 2007 CRN Emerging Tech Survey, the top reasons solution providers add emerging technologies include, the technology is superior to other products in the market segment; the technology complements a solution providers' existing practice areas; emerging vendors provide better services opportunities; emerging vendors pay better attention to partners; emerging vendors offer higher margins, customers want alternative product choices; and emerging vendors have better joint marketing programs. In addition, 61 percent of solution providers surveyed plan to increase the number of emerging technology vendors they partner with in the next 12 months.
"Successful Solution Providers are always looking for new and innovative partners, and the CRN Emerging Tech list provides a way for them to discover a large number of potential new partners who offer a wide range of emerging technologies," said Heather Clancy, vice president and editor of CRN.
Vendors who make the CRN Emerging Tech list must have an established solution provider program and formal guidelines for recruiting channel partners. They must demonstrate that its direct sales mix is trending down as evidenced by the company's revenue history, a channel positive or channel neutral strategy for internal sales compensation, and not be a dominant market share player. Final selection to the Emerging Technology list was made at the discretion of the CRN editorial team after a review of the submitted information and conversations with current or targeted partners.
CRN provides solution providers and technology integrators with the crucial information and analysis they need to drive their company's sales. As an advocate for and voice of the IT channel, solution providers turn to CRN first for immediate information. Celebrating its 25th year, CRN is the most trusted source for channel professionals. CRN can be found on the web at www.channelweb.com
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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