Press Room
Journyx Releases First Distributed Workforce Management Technology

Journyx Timesheet 4.0 enables human capital management across entire supply chain

AUSTIN, Texas, USA — August 1, 2000 — Journyx, Inc., the established leader in web and wireless web distributed workforce management, today announced that the 4.0 version of its market share-leading product, Journyx Timesheet, is now generally available. Journyx Timesheet 4.0 allows companies, employees and third party supply chain partners to share information to better manage projects, tasks, time, and expenses over the Internet, while preserving their existing investments in back-office hardware and software.

"At SRDI [a technical staffing firm], one of our goals is maximizing the productivity of our extended workforce because it enables us to consistently provide superior service to our clients," said Dean Score, SRDI CEO. "Journyx Timesheet 4.0 is an invaluable productivity enhancer that helps us to achieve that goal. It offers us the flexibility to customize time, expense and project tracking to meet the explicit needs of each individual client & project, while making time entry fast and convenient for our consultants and approval via the web easy for client managers."

"Workforce management is widely predicted to emerge as one of the biggest and potentially most expensive challenges facing players in the new economy," commented Bill Leake, Journyx President. "This is largely due to the massive shift toward outsourcing, which is emerging as a key aspect of the new economy business model. This in turn means that many firms must now depend upon service providers and partners up and down the supply chain for functions that previously would have been within their own organizations."

"These extended supply chains comprise new ‘virtual organizations’ which are distributed not only geographically, through remote offices and telecommuting, but also organizationally, through outsourcing," Leake continued. "Most products being offered for workforce management today typically focus on just one aspect of the problem — e.g. time tracking or expense management — and only within a single organization. Journyx Timesheet 4.0 enables emerging ‘virtual organizations’ for the first time to optimize widely distributed operations by cost-effectively providing knowledge workers all along their extended internal AND external supply chains with timely, Internet-based access to business-critical information."

About Journyx Timesheet 4.0
Journyx Timesheet 4.0 is a major upgrade to Journyx’ powerful workforce management offerings that gives an organization’s employees, customers and partners secure, controlled, web-based access from literally anywhere to crucial performance and productivity data on projects, tasks, time tracking and expenses. An array of significant new features position Journyx Timesheet 4.0 as the first comprehensive solution on the market to support billing, payroll, and project management across the extended human supply chain.

Journyx Timesheet 4.0 enables data entry and access via Internet browsers, telephones, PDAs, wireless web cell phone applications and services, and even barcode data collection and badge readers for non-exempt employees. This allows real-time entry and access to information to enable managers and knowledge workers to improve productivity and monitor project progress on demand, as well as generate invoices based on real-time data that includes up to the minute employee hours, billing rates, and expenses.

Sophisticated new payroll and project management support features now allow multiple pay rates for any individual; customized pay periods; easy, fully auditable prior period corrections; inter-project data exchange; customizable project tracking and reporting; and the use of sophisticated, user-definable business rules to manage specific classifications of work for payroll and billing purposes.

Journyx Timesheet 4.0 also automates the workflow and approval processes for timesheet submissions, providing options for single-click approval of entire timesheets or individual line-item level approval. Automatic e-mail reminders and notifications further streamline the entire time tracking and payroll process. These features combine to give employees, contractors and customer managers total control.

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 over 250,000 people in more than 8,000 organizations worldwide using its software.

Journyx is a privately held company based in Austin, Texas, and created the 70% market share leading application in the web timesheet space, Journyx Timesheet. Journyx solutions are available both on an ASP and a standard license basis. Journyx maintains a worldwide presence through its corporate web site at http://www.journyx.com/.