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Journyx Partners with Managemark to Launch TimetrakAble, a New ASP Business-to-Business Service for Workforce Management

Strategic Insights

— 1 min read

Journyx, a leading provider of e-business workforce management software, announced a partnership with Managemark, the maker of the best-selling Quicken ExpensAble expense management solution, to offer a new ASP business-to-business service for workforce management. TimetrakAble, an online time tracking service for project tracking, billing, and payroll, is powered by a co-developed version of Journyx's market share leading Web-based time management application, Journyx Timesheet. The service is designed to meet the demands of hundreds of thousands of users on a single server, providing a flexible and easy-to-use hosted solution for time management.

Key Takeaways:

  • Journyx partnered with Managemark to deliver a timesheet service and gain access to Managemark's data center, offering exciting new options for customer services.
  • TimetrakAble combines Journyx's superior technology and market knowledge with Managemark's ASP development expertise and enterprise-class data center.
  • The service is priced at $6 per month and includes a timesheet, project journal, four different user profiles, a robust Web reporting engine, and flexible administrative options.
  • TimetrakAble is offered with no hardware or software to buy, no start-up fees, no annual fees, and a "pay as you go" monthly billing process.
  • The service is designed to meet the demands of hundreds of thousands of users on a single server, providing a flexible and easy-to-use hosted solution for time management.
  • IBM WebSphere Application Server will be used to deliver the Web pages for the TimetrakAble service, providing a scalable software foundation for Journyx.
  • TimetrakAble is the result of a strategic partnership between Journyx and Managemark and is designed to benefit companies that bill for their services, perform project-oriented work, or track attendance for a professional workforce.
  • Journyx estimated the value of the deal at several million dollars over the next three years.

Statistics:

  • Over 150,000 people in more than 4,000 organizations worldwide use Journyx's software.
  • Journyx Timesheet has 70% market share in the Web-based time & project tracking application market.
  • Managemark has shipped over a million copies of Quicken ExpensAble.

Sources:

  • Business Wire (April 25, 2000)
  • http://www.journyx.com/TimetrakAble.html
  • IBM Website
  • Journyx Website
  • Managemark Website
  • Intuit Inc. Website

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