Dovico Software - Growing in the Global Economy with TimeSheet Software

Moncton, New Brunswick (January 15, 2009)

With the global economy changing at an alarming rate, the difference between profit and loss often can be boiled down to understanding how long it takes to get things done. That's a bigger challenge than it sounds, and is why Atlantic Canada's own DOVICO, a leading developer of TimeSheet Software and Time Management Software continues to be used by businesses around the globe, including National Geographic, Vodafone, and DHL.

"In today's highly volatile economic market it's important to focus resources on efficiency. This can be done by looking inward, improving processes, streamlining resources, and removing employee uncertainty," says Yves Doucet, CEO, DOVICO.

Based in Atlantic Canada, the company was founded over 15 years ago by a pair of young engineers. Established in response to the emerging global demand for enhanced operating efficiency, DOVICO's easy-to-use web based timesheet software improves business productivity, project control and profitability. This successful local company can proudly boast that it received no outside investment and built its core using existing revenues, which allowed it to remain innovative and to quickly respond to both customer and technological demands.

Over the last 15 years, DOVICO has been able to grow its operations, enhance its research and development, and expand its market reach by looking inward at innovation and externally for strategic partnerships and development opportunities such as the Industrial Research Assistance Program (IRAP). IRAP, an initiative of the National Research Council, works closely with small and medium-sized enterprises, helping them grow their businesses, increase their competitiveness, and enhance their impact in the marketplace.

"Our capabilities and methodologies have grown over the last fifteen years," says Martin Johnson, VP Marketing. "We have successfully evolved to adapt to the realities of the global business community, but our success is not because we do something different than anyone else." He continues, "It is because we have invested in the analytics and tested, consequently learning to do it better."

DOVICO has grown to become a leader for their eMarketing efforts which include such activities as electronic public relations, geo-advertising, e-mail, SEM & SEO. This is inherently important in a marketplace where they have more than 120 direct competitors.

Not only has DOVICO gained significant market share in this highly competitive environment but they have also been able to penetrate over 70 different countries including Australia, Germany, Hong Kong, and the Netherlands, growing their export revenues by 17 percent over the last year.

DOVICO's efforts have not gone unnoticed as they were recently awarded the 2008 New Frontiers Export Award by the Canadian Manufacturers & Exporters (CME). This award recognizes DOVICO for achieving recent and ongoing success in developing over 70 foreign markets, resulting in increased sales, profitability, creation or retention of jobs, and improved productivity.

A significant contributing factor to their international success has been their efforts in sales and support. Extended hours, banking in other currencies (Euro, Pound Sterling, etc) are only the baseline incentives for their clients.

"We work in a method that is conducive to our international customers," says Carolyn Tancock, Director of International Operations. "And to do that we have learned to adapt, and to be open to new cultural expectations."

It should not be forgotten that the in-house expertise in technology and sales developed at DOVICO over the last few years has produced substantial benefits. Not only has DOVICO redesigned their core product to add value but they have built the 'right product' with respect to technology and distribution channels for both North American and international trade markets.

Their flagship product, DOVICO Timesheet software, is an award-winning project time tracking software and time management software that monitors project costs, employee time sheets and expense sheets. DOVICO's ability to adapt to the newer technologies and business models has made the hosted online timesheet software (SaaS) a very popular option for clients in lieu of purchasing and operating the software from their own servers.
"Providing our clients additional value through innovation." is a refrain often heard at DOVICO, as they continue to respond progressively and proactively to the needs of their clients, at home and around the world.


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About DOVICO TimeSheet Software

DOVICO TimeSheet Software is an award-winning time management software that monitors project costs, Employee Time Sheets and expense sheets. This installed or hosted online timesheet software (SaaS) simplifies time tracking for billing, payroll or project management. Software integration to Intuit QuickBooks, Microsoft Project and Microsoft Project Server is included.

About DOVICO Software

As the leading developer of time management software, DOVICO provides proven time tracking software and project cost saving solutions that have been embraced by thousands of the world's best-known companies such as Wawanesa Insurance, National Geographic, Vodafone and DHL. Established in response to the emerging global demand for enhanced operating efficiency, our easy-to-use web based time management software and employee time sheets will improve your productivity, project control and profitability in 60 days... Guaranteed!

For more information on DOVICO or DOVICO Timesheet software please call 1-800-618-8463 ( North America ), 00 800 4618 8463 (International) or visit

© 2009 DOVICO Enterprises Inc.


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Posted: 15 Oct 2009 Efficiency Through Innovation
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Posted: 15 Jan 2009 Growing in the Global Economy
Posted: 10 Dec 2008 DOVICO Timesheet earns top marks in an independent review of Time Tracking Software
Posted: 30 Sep 2008 DOVICO Software achieves Microsoft Certified Partner status
Posted: 3 Jun 2008 DOVICO Recognized for Timesheet Software Deployed in over 70 Countries
Posted: 7 Feb 2008 Case Study Reveals Trend of 'Buy vs Build' Timesheet Software
Posted: 14 Jan 2008 Revenue Growth Reveals Emerging Trend
Posted: 7 Jan 2008 Revenue Results show 30% Growth
Posted: 13 Feb 2007 Named best Time Tracking Software and Time Management Software for 2 years in a row
Posted: 22 Jan 2007 Hosted Online (SAAS, ASP) software exceeds expectations for DOVICO
Posted: 15 Nov 2006 DOVICO Software Includes New Patent-Pending Offline Timesheet Solution
Posted: 5 Jul 2006 DOVICO Software Merits Perfect Score as Gold Award Winner
Posted: 1 Jun 2006 DOVICO Announces New Integration Agreement with Intuit's QuickBooks
Posted: 22 Dec 2005 Fiscal Year 2005 Export Revenue Results in Substantial Growth
Posted: 5 Aug 2005 Nominated for Innovation Excellence Award
Posted: 14 Apr 2005 Surpassed quarterly expectations results in record revenues

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