ST. LOUIS, Jun 6, 2002 (BUSINESS WIRE) --
Alliance Will Add Telephony Access to PeopleSoft's Time and Labor Module Via Ti3's FasTime Automated Time Reporting Solution. Ti3, a TALX Company (NASDAQ:TALX),
and PeopleSoft Inc. (NASDAQ:PSFT) have expanded the TALX alliance to add
telephony access to PeopleSoft's Time and Labor Module. Ti3 is developing an
interface that will enable employees working in remote locations or without
access to the Internet to report their time and expenses from any touch-tone
With access through both the Web and the telephone, the PeopleSoft Time and
Labor Module will become even more attractive to organizations that track the
hours of employees in diverse locations. This alliance is designed to create
time and cost savings to the respective HR and Payroll departments. By
eliminating paper time cards, clients will likely reduce the number of errors
from manual keypunch entry and the number of quality control checks to verify
the data. The computer will do all the calculations and will speed the process
by sending electronic data to the payroll system. The automated process is also
designed to reduce paper consumption, as well as paper storage and handling
"We are very pleased to extend our relationship with TALX to include an alliance
with Ti3 and we anticipate a smooth transition integrating our solutions," said
Jenny Lehman, vice president of global HCM strategy at PeopleSoft HRMS.
"PeopleSoft's Time and Labor Module saves our clients' time and reduces their
costs. Adding Ti3's telephony access for automated data entry significantly
expands the number of prospective companies that can take full advantage of the
benefits of our products."
"This new service offering will extend our PeopleSoft(R) relationship that has
been in place for several years," said Bill Canfield, CEO and president of TALX.
"Currently, The Work Number(R), our automated employment and income verification
service, is part of PeopleSoft Marketplace and we anticipate this new alliance
between Ti3 and PeopleSoft Time and Labor Module will benefit both our companies
as well as our clients."
Dick Herrmann, president of Ti3, added," This alliance is especially valuable to
corporations with a dispersed, mobile workforce. Under the integrated PeopleSoft
Ti3 solution, employees will be able to enter time and expenses from any
telephone. PeopleSoft is a well-respected leader in the human resources
industry, and we are thrilled to be working with them to extend the value of
Ti3's FasTime application within the marketplace."
Ti3, a TALX Company, provides turnkey e-commerce solutions that are accessible
via interactive voice response (IVR), Internet, computer telephony integration
(CTI) and other technologies. The company's premier solution, FasTime(TM),
automates employees' time reporting and can be fully integrated into a company's
payroll system. Ti3 processes millions of timesheets every year. All of the
company's self-service solutions are available 24 hours a day 7 days a week.
More information can be found at the company's Web site at www.ti3.com.
About TALX Corporation
TALX Corporation is a leading outsourced service provider for the Human
Resource, Benefits and Payroll markets. TALX holds a leadership position in two
key employment-related services - automated employment and income verification
services via The Work Number(R) and unemployment cost management services
through its acquisition of The Frick Company and the unemployment cost
management business of GatesMcDonald. TALX is also a leading provider of
automated benefits enrollment services and a provider of automated time entry
services. Based in St. Louis, Missouri, TALX empowers users to complete
transactions independently utilizing available multimedia including Web,
interactive voice response, speech recognition, fax and e-mail. TALX Corporation
common stock trades on the NASDAQ Stock Market(R) under the symbol TALX. For
more information about TALX Corporation call 314-214-7000 or access the
company's Web site at www.talx.com.
Statements in this press release expressing the expectations of management may
be forward-looking and involve uncertainties. TALX risk factors are detailed in
documents filed with the Securities and Exchange Commission.
PeopleSoft is a registered trademark of PeopleSoft, Inc.
CONTACT: TALX Corporation, St. Louis
Laura Browder, 314/214-7224
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