News / Press Releases
TimeKM Welcomes New Clients
Montreal - Canada - January 28, 2010 - PensEra Knowledge Technologies announces 4 new firms spanning North America and the UK have selected TimeKM for their future time tracking needs. Wedlake Bell, Pelham, Sack Goldblatt Mitchell LLP and Davis LLP have all invested in TimeKM to better track and manage their most important financial asset - Time inventory. All firms viewed an investment in time tracking very opportunistic and strategic during periods of economic uncertainty.
Firms are being challenged daily by their clients in demonstrating the value of services being delivered. Any investment in difficult times requires more justification substantiated by proven direct Return on Investment (ROI). Projects with only soft ROI backing are not making it to the table, says Mel Squires, Vice President of Sales at PensEra. TimeKM offers a targeted hard ROI and that is why firms have put TimeKM on their list of strategic projects for 2010.
It is comforting that professional firms, usually quite conservative during business down cycles are taking proactive actions by investing in projects that deliver proven objective ROI. In fact all the firms mentioned above felt that time tracking is an ideal business process that connects directly to optimizing revenues and profits for the firm. Besides the hard ROI, firms also felt that timeliness and accuracy of time capture act as key ingredients in the delivery of effective billing, which over time leads to better client relationships.
PensEra feels more and more firms are now looking within their organizations to review business processes inefficiencies and address them during 2010. Opportunities exist in good and bad times and firms are realizing their actions today will position them well into the future.