In 1996, Curt Finch realized that simple time management could make or break a company. He’d seen something as simple as a timesheet help the small business he cofounded make millions and compete with much larger competitors. And since he’d “grown up” with open source, he was confident he could use it to create a timesheet application based on the software-as-a-service model.
Finch was looking for a new challenge after leaving The Kernel Group, and he had an idea. “We tracked our time very carefully and used that data to increase our prices,” Finch says. “It’s just mundane, boring data, but we used it to make millions of dollars through better estimation. We even ran off a competitor that didn’t have the same quality of data we had in order to bid projects carefully.” He thought that a subscription timesheet application would be a good foundation for a profitable business. That’s when he started working on Journyx. “The timesheet software was just going to be the first product,” Finch says. “Ten years later we’re still working on it. It’s one of those things that’s never quite finished.”
Journyx is a proprietary, patented Web-based application. It’s available in a self-hosted version that can run on virtually any operating system and hardware specification, or it can be hosted on Journyx’s own servers. Companies who use it can have their employees enter time and expense information from anywhere in the world, on any platform, using a Web browser. The application can also process the data and create reports that CFOs can use to show profit and loss trends associated with things like billable hours and expenses.
Read more about how we got here at: http://journyx.com/rss/redir/itmj-saas.html