Press Releases

Nakisa Inc. Selects Tenrox Project Management Software to Consolidate its Resource Management, Time and Expense Tracking and Billing Processes within one Solution

Glendale, California - August 18, 2009

Tenrox, the leading provider of on-demand project management software solutions, today announced that Enterprise Talent and Organization Management Solutions provider, Nakisa Inc. has chosen Tenrox as its supplier of choice in its mission to streamline its resource management, project cost and revenue accounting, time tracking and billing processes.

Initially, Nakisa was using manual processes and several disparate applications such as Excel, MS Project and Dynamics GP to track project time and expenses and to invoice its clients. It was therefore a requirement to find a tool that would allow them to have one system of record to manage all of these processes as well as having access to real-time project cost and revenue reporting and analytics.

After an in-depth review of several project management software vendors, Nakisa chose the Tenrox solution not only for its professional services team but also for company-wide use due its comprehensive product offering and on-demand capabilities. During the evaluation of Tenrox project management software, Nakisa realized that users across the enterprise would benefit from taking advantage of the solution’s advanced project management features ranging from resource and project forecasting, resource scheduling, project accounting and work process management.

Tenrox on-demand project management software solution is being rolled out in three phases: Phase one includes the implementation of the Tenrox Time, Expense and Billing modules throughout Nakisa’s locations in Canada, United States and Germany. The software will initially be used by the professional services staff to report project time and expenses from the office or while travelling. Phases two and three include implementing the solution throughout the entire company and rolling out the Workforce Planning, Project Planning and Work Process Management modules

“We identified Tenrox as the preferred project management software solution due to its capability to support our international business requirements and the appeal of their On Demand offering, among other things. We are convinced this solution will improve our resource utilization, streamline our project management, cost accounting, and billing processes and enhance our ability to effectively manage all of our human resources. We are aggressively pursuing the rapid integration of the entire Tenrox solution,” explained Babak Varjavandi, CEO, Nakisa Inc.

About Nakisa Inc.

Our goal is to help organizations make strategic decisions about how to better manage their global talent and optimize workforce performance. We empower organizations with a 360-degree view into their human capital data, giving them the insight they need into their talent and organizations to support overall corporate objectives.

Nakisa’s visualization solutions are fully interoperable with the major Enterprise Resource
Planning (ERP) platforms on the market and provide a single point of access to critical HR data
for succession planning, organization charting and workforce modeling. The only Talent and Organization Management vendor fully certified by Microsoft, Oracle and SAP, Nakisa offers proven solutions that have been deployed to millions of users globally. Customers benefiting from Nakisa’s solutions include Coca-Cola, Motorola, Michelin, Airbus, RBC Financial Services, Wrigley, Carrefour, StatoilHydro, Genentech and Alstom. For more information, visit: www.nakisa.com

About Tenrox

Tenrox is the only true workflow-driven project and service delivery solution for today’s globally dispersed project workforce. Tenrox Cloud PSA and Cloud PPM solutions are best of breed browser independent offerings built on the Microsoft platform. Tenrox’s intuitive user interface, easy to configure options, and quick connect technology simplify deployment, accelerate user adoption and make project workforce management fun. We have been around for 15 years and counting; growing profitably. Our field tested experience, deep integration expertise and commitment to a best of breed cloud-based strategy mean you get the best project and service delivery solution there is from a best of breed vendor solely focused on innovating; providing you with advanced functionality and a seamlessly integrated project portfolio management and professional services automation solution. Tenrox is big enough to be dependable, fast and innovative but small enough to actually listen to you.

Since 1995, Tenrox solutions have served more than 800 organizations in 50 countries such as: IBM, General Electric, US Army, The Pentagon, Port of Long Beach, Talisman Energy, ConocoPhillips, Eaton, Pioneer Natural Resources, Invensys Rail Systems, SNC Lavalin, Hydro Quebec, JDA Software, Guidance Software, SAS, SAP, Alstom, Thales, Amphenol, Rio Tinto Alcan, Abbott, PharmaNet, Telus, Alcatel Lucent, Yellow Pages Group, Corning, Family Health International, Oxfam, Estee Lauder, Willis Group Holdings, E*TRADE Financial Corp, and Butler University.

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 http://www.tenrox.com

Media Contact:
Marie Melchiorre
Tenrox Public Relations
450-686-7365
publicrelations@tenrox.com

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