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"Tenrox 10 Empowers The Project Workforce" an In-Depth Review by Forrester Research

Report highlights value in Release 10 and explains focus on project and resource management optimization with improved user experience, collaborative workforce planning, and a standards-based workflow engine.

Glendale, California - January 22, 2009

Tenrox, the leading provider of on-demand project workforce management solutions, today announced that Forrester Research, a leading research firm, today published an all-embracing review of Tenrox release 10. The report, written by R "Ray" Wang, Vice President and Principal Analyst at Forrester, is entitled "Tenrox 10 Empowers the Project Workforce" and explains how the new release simplifies workflow-driven project management and workforce planning.

"Today's project solutions must transcend traditional functional boundaries of project management, enterprise resource planning (ERP), customer relationship management (CRM), and supply chain management (SCM) to include requests from areas such as project accounting, resource planning, time/expense, and compliance analytics that surround work activities," explains Wang in his report. "Project-based solutions (PBS) improve visibility into the performance of the entire project portfolio, helping leaders optimize scarce resources, build efficient, repeatable processes, tackle high-volume resource demand, and solve complex project management problems. Tenrox has emerged from its timesheet application and project-management consulting heritage to become a significant vendor in the PBS space."

The product review also encompasses a myriad of information to explain the three key themes in Tenrox release 10, these include: improved user experience, powerful yet intuitive resource and project management functions, and built-in support for addressing regulatory compliance requirements.

In the report, Wang recommends Tenrox 10 to be part of any shortlist for project-based solutions, especially for those companies who are trying to reduce their dependence on Microsoft Project-customizations and for midmarket enterprise organizations trying to augment their financial applications with PBS capabilities.

Availability of Reports

The "Tenrox 10 Empowers The Project Workforce" report is available to subscribers at www.forrester.com and on the Tenrox web site at www.tenrox.com/forresterreport.

About Tenrox

Tenrox cloud-based project management software solutions empower our users to meet the challenges of globalization, enterprise fragmentation, and increased regulatory scrutiny. Available on-demand or on-premise, Tenrox solutions are both ISO 27001 and SAS 70 certified serving more than 800 organisations in 50 countries, maximizing project and resource management efficiency, data security, and reliability.  Since 1995, Tenrox has been offering its project management software tools to clients such as GE Infrastructure-GE Fanuc, Rio Tinto Alcan, E*TRADE Financial Corp, Blue Cross Blue Shield NC. Alstom, IBM, SNC Lavalin, Hydro Quebec, Pioneer Natural Resources, Westinghouse Rail Systems, SAS, Thales, US Army, The Pentagon, Talisman Energy, Oxfam, Thermo Fisher Scientific, Estee Lauder, and Wyeth. Tenrox project management 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
450-686-7365
publicrelations@tenrox.com

Product or service names mentioned herein are the trademarks of their respective owners.

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"Tenrox is the most robust and forward -thinking project workforce management product I have seen for addressing our project workforce management, billing and cost accounting needs. We expect a full return on our investment in less than six months, just for the first phase of implementation."

Russ H.
EVP and Co-founder
Synteract

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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