Workflow-Driven Professional Services Automation
- PSA software

Professional Services Automation Software - PSA Software for Today’s Globally Dispersed Project Workforce

Your service business is highly competitive, regulated and fast. Your project teams operate in multiple time zones and currencies. You have to deal with complex revenue recognition and cost accounting rules while at the same time meeting lofty utilization targets. You need dependable utilization and demand forecasts so you can staff and train your teams accordingly. At the same time, you have to deal with multiple billing scenarios since your projects range from fixed bid, milestone driven or time and material. Not to mention keeping a good handle on your resource pool, both full time staff, part timers, and your consultants, the skills they have acquired, their experience, general interests and preferences, and availability. Running a service business is a challenge indeed! With cloud-based Professional Services Automation Software, PSA Software you can effectively address these challenges. Professional Services Automation Software, PSA Software automates project pipeline management, resource planning and scheduling, time and expense tracking, billing, revenue recognition and all related approval processes.

Beyond Matrix-Based Professional Services Automation (PSA software) Solutions

Revenue leakage, higher costs, poor resource utilization, slower billing cycles, loose governance and inconsistent execution: All are hazards avoided by automating the complex interrelationships among customers, projects and your talent. While any run of the mill Professional Services Automation (PSA) software once seemed to be the answer, experience has led to disappointment in a vanilla PSA's scope and approach.

Without requiring a rip and replace strategy, Tenrox workflow-driven Professional Services Automation, PSA software, leverages Microsoft Workflow Foundation, SQL Server, OLAP and Reporting Services infrastructure to facilitate the phased implementation of PSA software (professional services automation) in your operations. The Tenrox solution provides built-in project controls, data quality/consistency at point of entry, active compliance, real-time analytics and live integration capabilities. Key features include: enterprise timesheet management, import of credit card transactions with full multi currency for expense reporting, flexible project cost reporting, project billing, budgeting, revenue recognition methods, graphical workflow for approval and request tracking, OLAP and standard reporting using Microsoft reporting services, role-based dashboards, and export of employee costs, billing, project status, spending and work-in-progress to accounting and payroll systems.

Benefits of Tenrox Project Workforce Management for Service Organizations software

• Optimize resource utilization and reduce bench time
• Bill faster and more accurately with full documentation of billable work
• Increase control over fixed bid projects and employee-related expenditures
• Implement consistent project execution
• Automate project compliance with Generally Accepted Accounting Principles (GAAP) and industry regulations
• Increase project visibility, workforce productivity and operational effectiveness
• Facilitate real-time communication and decision-making

Cloud-based Professional Services Automation, PSA software

Tenrox offers more than just PSA software by providing a modular, online Professional Services Automation tool that helps service organizations obtain real-time information on project status, issues, risks, and schedules for successful project management planning and delivery. Tenrox for Professional Services Automation, PSA software, results in immediate business impact for service-based organizations as teams and projects get up and running instantly.

Click here to learn more about Tenrox Professional Services Automation, PSA Software.