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Productivity enhancement. (Technology Tools).


Replicon rep·li·con
n.
A genetic element that undergoes replication as an autonomous unit.
, which sells Web-based timesheet management software, has released a software suite it says for the first time gives professional service organizations a way to maximize profits by providing real-time visibility into individual employee productivity.

Calgary, Alberta-based Replicon has extended the traditional capabilities of its time- and expense-management software, Web Timesheet 4.0, with ProMax, providing the quantitative productivity information and analysis needed to measure and manage productivity, and resulting bottom line profits. This software enables professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  organizations to create and distribute productivity quotas (PQs) to each employee, then measure the real-time PQ to optimize billable hours Billable Hours is a Canadian comedy series, which airs on Showcase.

Set in the fictional Toronto law firm of Fagen & Harrison, the series focuses on three young lawyers struggling to balance their expectations in life with the difficult realities of building a career
, compress billing cycles Billing cycle

The time elapsed between billing periods for goods sold or services rendered.
 and manage overall corporate productivity.

ProMax offers financial executives and senior management quantitative, real-time productivity views and analysis to maximize profits and productivity. It measures and reports the real-time PQ levels of individual workers, projects, departments and overall company productivity. The software is easy to deploy (usually within two days), and can immediately begin collecting data and providing productivity views, resulting in a near-immediate product ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). .

Web TimeSheet claims more than 500,000 global users at companies such as Hewlett-Packard Co., Compaq Computer Corp., AT&T Wireless, Sony Music and Charles Schwab Charles Schwab can refer to:
  • Charles M. Schwab, founder of Bethlehem Steel.
  • Charles R. Schwab, founder of the brokerage.
  • Charles Schwab Corporation, the brokerage.
 & Co. Replicon's productivity software solutions are available for purchase and easy downloading at Replicon's Web site. Web TimeSheet 4.0 starts at $90 per user. ProMax pricing is based on "user packs" for the product and the number of Web TimeSheet users at a company, starting at $2,000.

Web: www.replicon.com
COPYRIGHT 2002 Financial Executives International
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Replicon Inc. introduced ProMax software
Publication:Financial Executive
Article Type:Brief Article
Geographic Code:1CANA
Date:May 1, 2002
Words:246
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