Replicon, the world leader in web-based
timesheet and expense management software, announced today that for the fourth consecutive year they have been recognized as one of the Fastest Growing Companies in Alberta by Alberta Venture Magazine and Grant Thornton LLP.
Calgary, Alberta, Canada – (January 23rd, 2004) – Replicon, the world leader in web-based timesheet and expense management software, announced today that for the fourth consecutive year they have been recognized as one of the Fastest Growing Companies in Alberta by Alberta Venture Magazine and Grant Thornton LLP. Companies are ranked by assessing points for 10 different categories, including growth in gross sales, assets, profitability and employees, as well as product development, incentive programs, investment in research and development, capital expenditures, marketing and export activity.
"We are very pleased to be selected as the second fastest growing company and to be included on the fastest growing company list for four consecutive years. Replicon’s success is a combination of innovation, determination, and a truly talented group of people who have dedicated themselves in delivering market leading user-friendly business solutions that provide quick return on investment to organizations around the world," said Raj Narayanaswamy, Chief Executive Officer of Replicon. "It is an honor to receive this recognition. This acknowledgment supports our testament of being the market leader of Corporate Time, Expense, and Productivity Management solutions and providing exceptional value to our global customers."
"Now in its sixth year, Alberta’s Fastest Growing Companies List is a highly anticipated ranking of the 30 companies in Alberta that have seen the most significant combined increase in revenue, asset growth and net earnings. The companies that make Alberta’s Fastest Growing Companies List are the companies that are setting the pace for the fastest growing economy in Canada,” says Daneda Russ, editor of Alberta Venture. “Of the 30 listed companies, 15 were on last year’s list. Of those 15 companies, 10 are on the list for a third consecutive year. This not only demonstrates the successes of the province’s entrepreneurs but also suggests that these young companies have the capacity and savvy to hold on to and maintain their competitive momentum over the long-term."
Replicon products include Web TimeSheet and ProMax. Web TimeSheet is the established market leader in automated timesheet and expense management, with more than 750,000 global users at companies including HP, Turner Broadcasting, AT&T Wireless, Sony Music, ACNeilsen, Monster.com and Charles Schwab. The product provides organizations with an easy, cost effective way to allow users to enter time & expense, improve data accuracy, eliminate redundant data entry, provide visibility into project and staff performance, compress billing cycles and streamline time-off tracking. ProMax works with Web TimeSheet to provide the quantitative productivity information and analysis needed to measure and manage productivity as it relates to bottom line profits.
Web TimeSheet and ProMax are built 100% internet-native from the ground up. They are built upon a scalable, multi-tier architecture enabling them to be deployed in small, medium as well as large organizations. Web TimeSheet integrates with Great Plains, Peachtree, ACCPAC, QuickBooks, MS Project, ADP, Ceridian and other leading accounting, payroll and project management software solutions.
Replicon’s products are available for purchase and easy download at Replicon’s web site at www.replicon.com.
