Press Room
Cognitive Technologies Uses Journyx Technology To Enable A Total Project Management Solution
Innovative New Offering Empowers Companies to Better Understand and Manage Time Spent on Projects
AUSTIN, TEXAS (June 19, 2007) — Journyx – the leader in web-based time and expense solutions for project management, payroll, and invoice automation – today announced that Cognitive Technologies, Inc., a provider of high-performance project services, has selected Journyx Timesheet&trade as a key component of its new Project Time Management (PTM) solution. PTM gives companies the tools, configurations, templates and processes needed to ensure that time tracking information flows easily and accurately between Microsoft Project® and the rest of the organization.
"Our customers needed to track both project and non-project related time. Many were resorting to double-entry, entering project time in Microsoft Project and non-project time in another system," said Bruce McGraw, Senior Vice President of Cognitive Technologies. "This was not only inefficient; it was also a business risk – especially if the company had to pass any audits from DCAA, Sarbanes-Oxley or other requirements. They needed a way to enter time in one place and have the time data show up accurately wherever it was needed. We created PTM to solve that problem."
PTM leverages the Journyx Projectlink™ integration between Journyx Timesheet and Microsoft Project. Journyx Timesheet, the leading web-based time and expense tracking solution, is used by companies worldwide to gather and analyze time data for maximizing profitability. Through Journyx Projectlink, Timesheet can synchronize project time data with Project Server, ensuring that time spent on project work is accurately represented for project management.
"We take care of the biggest time data problems, and also make sure that the project time information is accurate and timely within Project," said Curt Finch, CEO of Journyx. "We believe you can't ignore the project management piece of the profitability puzzle. That's why we are pleased to have Cognitive Technologies include us in their PTM solution."
About Journyx Timesheet
Journyx Timesheet™ is a timesheet and expense management solution for the entire enterprise. Organizations can automate management of employee timesheets and expenses for project control, customer invoicing, and payroll processing with Journyx Timesheet. Journyx offers patented technological solutions – not just generic tools – that are flexible and adaptable across five platforms and multiple projects, in order to help companies identify profit opportunities along the per-person, per-project continuum.
About Journyx, Inc.
As the creator of the Web-based time tracking industry, Journyx carves out its own path, while guiding customers to their goals and destinations. Journyx helps customers reach the highest levels of profitability by automating labor-intensive, paper-based processes with a superior, Web-based solution. Founded in 1996, Journyx is the first and only company to establish Per Person/Per Project Profitability (P5), a proprietary process that enables customers to gather and analyze information to discover profit opportunities. Journyx has thousands of customers worldwide, including American Airlines, Bayer, BlueCross BlueShield, AC Nielsen, L'Oreal, Symantec, The Discovery Channel, Schlumberger, Capstone Turbine and many others. Journyx solutions are available both on an application service provider (ASP) and a standard license basis. For more information, go to http://pr.journyx.com or contact Journyx at (512) 834-8888 or info@journyx.com.
