MAG Softwrx Selected by CIO Review for the 20 Most Promising Project Management Solutions 2014

DENVER - Dec. 19, 2014 - PRLog -- CIO Review has chosen MAG Softwrx (www.magsoftwrx.com) for its 20 Most Promising Project Management Solutions 2014. The positioning is based on evaluation of MAG Softwrx’s software offerings for project and portfolio management.

The annual list of companies is selected by a panel of experts and members of CIO Review’s editorial board to recognize and promote technology entrepreneurship. The panel, consisting of CEOs, CIOs, CMOs, VCs and analysts, evaluated over three hundred companies. “MAG Softwrx has been on our radar for some time now for stirring a revolution in the project management space, and we are happy to showcase them this year due to their continuing excellence in delivering top-notch technology-driven solutions,” said Harvi Sachar, Publisher and Founder, CIO Review. “MAG Softwrx’s solutions continued to break new ground within the past year benefiting its customers around the globe, and we’re excited to have them featured on our top companies list.”

MAG Softwrx offers the unique Timeless Project Tracking solution that has grabbed the attention of many CIOs in the market with its impeccable features. The easy-to-use tool tracks the actual time worked on projects and the current status of the projects. An accurate tracking of staff’s time at a detailed level provides companies with better and more accurate estimates as well as the ability to respond to project issues and risks before it's too late, thereby increasing the chances of project success. It helps keep projects on track and to deliver them in a timelier and cost-effective manner. It also provides CIOs with the discrete and detailed data they need when having the often tough conversations about the utilization of staff.

“MAG Softwrx is honored to be recognized by CIO Review’s panel of experts and thought leaders,” said Kim Murdock, President, MAG Softwrx. “We have strived to fulfill a need in the market for organizations to have an accurate understanding of how projects are progressing without having to spend too much time and money acquiring this information. We know CIO Review evaluated hundreds of project management solutions and we are thrilled to be chosen as one of the top 20 most promising.”

Key features of Timeless Project Tracking include:

♦ An easy-to-use status pane providing organizations with up-to-date and accurate information at all times. The status pane includes a dashboard with a choice of more than 90 charts, including burndown charts with projections. It enables users to easily see the projects’ risks, such as late and overdue assignments, estimate changes and items over budget. By seeing potential project risks, project managers and team leaders can take corrective measures before it’s too late.

♦ Improved productivity for project managers and team members. Timeless Project Tracking allows each user to update their status directly in the software, so project managers, project leads and team members always know the projects’ status without the need for meetings. Rather than wasting time chasing estimates, project managers and projects leads can be more effective at resolving issues, gathering requirements, talking to users and managing the project overall. Similarly, team members spend less time in status meetings and more time working on their assignments.

♦ Lower administrative costs because Timeless Project Tracking makes it easy to create and update assignments, permissions and reports using user groups. Similarly, expanded work item notes allow team members to communicate more effectively without the need for face-to-face meetings, and the progress and backlog reports reduce the amount of time needed to evaluate and track projects.

More Included Features

Timeless Project Tracking also includes all the features of MAG Softwrx’s time tracking program—Timeless Time & Expense. These features allow users to track their time, tasks and expenses at a detailed level using a hierarchy of tasks and an intuitive, easy-to-use interface. This flexibility enables users to track their time and expenses at whatever level of detail is most appropriate for their business. By using such detailed time tracking, users accurately bill clients, track projects, and make better decisions regarding future projects.

Availability

Timeless Project Tracking is available for the desktop or web, so users can track time and expenses in the office or anywhere in the world. Employees in different locations can share data, reports and assignments.

Timeless Project Tracking is available online at http://www.magsoftwrx.com/project-tracking.htm for $119 per license. Volume discounts are available.

About MAG Softwrx

MAG Softwrx, Inc., the maker of Timeless Project Tracking, is a Denver-based company founded in 1997. A worldwide provider of time tracking solutions, MAG Softwrx’s products enable users to track their time, expenses and projects the way they do business. MAG Softwrx’s products are used by customers in over 40 countries and include Timeless Time & Expense and Timeless Project Tracking. For more information, visit http://www.magsoftwrx.com.

For screenshots of Timeless Project Tracking, please visit http://www.magsoftwrx.com/screenshots.htm#project-tracking.

About CIO Review

CIO Review constantly endeavors to identify "The Best" in a variety of areas important to tech business. Through nominations and consultations with industry leaders, our editors choose the best in different domains. The Project Management Special is a listing of the 20 Most Promising Project Management Solutions in the U.S.