March 28, 2000 Calgary, Canada – Replicon, Inc., the leader in e-Business applications today announced that Kraft Foods will implement Web TimeSheet for 17,000 employees throughout North America starting in the next three months. Kraft Foods, North America’s largest packaged-food company, will deploy the intranet-based Web TimeSheet as a key component for their Employee Self Service (ESS) system to improve administrative efficiency, reduce payroll processing cost and to provide employee satisfaction.
Replicon’s Web TimeSheet improves productivity and efficiency across the board, for the employee who has to enter time, for the supervisor who has to approve the timesheet and the payroll manager who has to manage the entire payroll process in a cost effective manner.
In addition to deploying the base Web TimeSheet application, Replicon has agreed to design several enhancements to meet the size and complexity of Kraft Foods’ expanding e-Business strategy. Web TimeSheet “web-enables” the entire time entry process leveraging email and workflow for notification and secured approval of employee timesheets. Replicon anticipates many of these new functional capabilities will be built into future releases.
“Kraft and our other Global 2000 clients are in front of the curve of companies adopting Web TimeSheet to help employees be more productive, reduce their operational cost and leverage their corporate intranet. Since Web TimeSheet works with the existing infrastructure our clients experience faster deployment, minimal training and rapid return on investment.” says Raj Narayanaswamy, President and CEO of Replicon Inc.
About Web TimeSheet
Web TimeSheet is a fully web-based time and expense management solution designed to streamline payroll tracking, project management, and client billing processes. Since Web TimeSheet runs on the corporate intranet it leverages investments in existing technologies and allows users secure access anywhere, anytime. Flexible report capabilities give Project Leaders, Payroll Managers, CFOs and CIOs instant access to relevant information for planning and decision-making.