Date Posted: 4/5/2006
Sinclair Group Cuts Invoicing Time In Half By Using Journyx Timesheet To Collect Time and Expense Data
Sinclair Group Project Managers Now See Project Details Sooner
AUSTIN, TEXAS (March 27, 2006) – The Sinclair Group – a consulting company that improves operating performance for its manufacturing clients using unique methodology and the exceptional expertise of their consultants – is using Journyx Timesheet software to efficiently collect time and expense data on several hundred projects, and provide the company’s worldwide project managers with real-time project information. The Sinclair Group chose Journyx Timesheet because it needed a Web-based system that a small business could afford. Since implementing Timesheet, the company has cut its invoicing time by more than half, resulting in improved cash flow.
Formerly, The Sinclair Group was using manual spreadsheets, which cost the company in accuracy, timeliness, and efficiency. Project data was manually entered into the spreadsheet by the project manager. The accounting department would then re-enter the data into the accounting system. This double entry of data was error-prone and delayed the invoice process.
With Journyx Timesheet, The Sinclair Group experiences faster, more accurate invoicing. Additionally, project managers can see the project details much earlier and take appropriate action before the end of the month.
“Our company uses Journyx Timesheet to collect time and expense data, as well as project information, for about 300 projects, with information being input by about 75 employees,” said Doug Blanchard, CFO, The Sinclair Group. “Our information stays organized and is easily obtained at a moment’s notice. Journyx is very efficient and accurate, and it allows our project managers to track their projects more closely than before.”
Journyx Timesheet is a timesheet and expense management solution for the entire enterprise. Any company that bills for its services, performs project-oriented work, or tracks absences for a professional workforce can benefit from Journyx Timesheet. Companies can easily manage employee timesheets and expenses for project control, customer invoicing, and payroll automation with Journyx Timesheet.
“The Sinclair Group is a perfect example of the benefit of knowing your expense data and information, and using that data to make positive changes in the company,” said Curt Finch, CEO of Journyx. “In their case, the result was a shorter invoice cycle, improving their cash flow. Others have seen reduced overhead costs. Knowing this information is a powerful thing.”
About The Sinclair Group
The Sinclair Group was founded in 1997. With its headquarters in The Woodlands, TX, the group is comprised of more than 120 experienced consultants possessing deep manufacturing operations expertise. They provide operations management consulting, due diligence and best practice implementation services to companies in the process industries, as well as private equity investors. Using its unique Rapid TransformationTM methodology, The Sinclair Group specializes in implementing best practices in Operations Excellence designed to achieve extraordinary results. For more information, visit www.sinclairgroup.com.
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. They can also easily integrate Timesheet into their existing systems, leveraging its patented technologies, open architecture and support for standards like XML and SOAP.
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 Timesheet automates billing, payroll and project accounting by tracking time, expenses and mileage. 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 the Journyx marketing department at (512) 834-8888 or info@journyx.com.
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