Montreal – February 20, 2003
Tenrox today announced that Evangelical Christian Credit Union (ECCU) has selected Tenrox's Award-winning Project Tracking software to enhance their internal project management processes.
ECCU employees now have ready access to project timesheets over the Web and are able to record the time for work performed across multiple projects and departments. Moreover, the centralization of data allows for management to quickly identify problem areas and generate reports as needed.
“We are very pleased with the increased project awareness and operational efficiency that Tenrox software provides ECCU. We look forward to full deployment and appreciate the support we have received from Tenrox in addressing our specific needs”, said Van Wray, vice president of development at ECCU.
Tenrox Time & Expense is an integrated time and expense management system that allows employees to enter and approve timesheets and expense reports from anywhere, at anytime, using a variety of methods.
“Tenrox Software has tremendous capabilities that simplify and automate the time and expense tracking processes”, said Ludwig Melik, VP Sales, Tenrox. “The average manual timesheet review takes 6 minutes; with automated policy validation system, average timesheet review is reduced to 1 minute; an 80% reduction in review time and this is exactly why ECCU chose our solution.”
About Evangelical Christian Credit Union
Established in 1964, Evangelical Christian Credit Union delivers commercial banking and financing services to faith-based organizations around the world. As a not-for-profit financial cooperative, ECCU partners with churches, Christian schools, and other evangelical ministries for financing, construction lending, cash management, and depository services. According to Callahan & Associates, ECCU was the fastest growing credit union in California and eleventh in the nation for the five-year period ending June 30, 2001, as measured by deposit growth. The credit union currently has $917 million in assets under management.
Tenrox empowers client companies to meet the challenges of globalization, enterprise fragmentation and increased regulatory scrutiny. Available on-demand or on-premise, Tenrox project workforce management solutions have served more than 800 organizations in 50 countries, maximizing efficiency, data security and reliability. Since 1995, Tenrox has served organizations such as Rio Tinto Alcan, E*TRADE Securities , First National Bank, Visa, Hydro Quebec, Invensys Systems Canada, Major Drilling, Pioneer Natural Resources, US Army, The Pentagon, Talisman Energy, University of Michigan, Northrop Grumman, Oxfam, Thermo Fisher Scientific, Estee Lauder and Wyeth. Tenrox 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
877-483-6769 Ext. 4603
publicrelations@tenrox.com
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