Press Room
Journyx Announces Release of Timesheet 4.5

Latest release enables organizations to cut people costs without cutting people

AUSTIN, Texas, USA — April 23, 2001 — Journyx, the established leader in workforce management applications, today announced the release of version 4.5 of its groundbreaking Journyx Timesheet software. The latest release of Journyx Timesheet includes a number of new features that allow employees, organizations and third party supply chain partners to further automate their time, tasks, projects and expenses while continuing to eliminate inefficient paper-based processes.

"Reducing controllable costs is always a priority for effective organizations, especially in periods of economic uncertainty," explained Bill Leake, President of Journyx. "As people are typically both the most valuable asset of a company AND the largest controllable expense, companies are now looking for help in optimizing their human resources. Journyx Timesheet 4.5 provides that assistance by automating a labor-intensive process, decreasing costly errors, increasing vendor accountability, and shortening billing cycles."

Key new features include:

• Automation of employee and group scheduling -- ideal for batch entry of repetitious data.
• Elimination of paper-based expense records with the ability to attach receipt images to specific expense entries and uploading of credit card statements for editing and inclusion in expense reports.
• Approval processes optimized to allow for prior period adjustments while maintaining the integrity of previously approved data.
• Access to timesheets, expense reports and project email forms for creating or updating information while offline (laptop and PDA access).
• Enhanced abilities and options for user- and project-based rates and business rules.

About Journyx, Inc.
Journyx is fundamentally transforming how people do their daily jobs, by automating labor-intensive, paper-based processes with a superior, web-based solution. Founded in 1996, Journyx makes e-business workforce management software and has thousands of customers worldwide, including IBM, Cisco, GE, and Schlumberger. As the industry-leading timesheet application, Journyx Timesheet has captured 68 percent of the marketshare in its space. Journyx solutions are available both on an ASP and a standard license basis. For more information, go to http://www.journyx.com.