Driving Profitability with Professional Services Automation
Like most businesses, Professional Services organizations need effective communication processes and 360 degree visibility across sales, services delivery, and finance. It’s no surprise that top-ranked services-driven businesses are more than twice as likely to use an integrated Professional Services Automation (PSA) solution to improve their back-office efficiencies and profit margins. In fact, organizations using PSA saw a nearly 20% increase in annual revenue, according to a recent Aberdeen report.
Join Doug Tilley, General Manager of PSA Applications at FinancialForce.com, as he discusses findings from the 2014 Aberdeen report, Driving Back Office Profitability with Professional Services Automation, including how best-in-class organizations rely on PSA to ensure accuracy and compliance, increase efficiencies, and build greater profit margins in a services-focused business.
During this webinar, you learn how services-driven businesses leverage the benefits of PSA’s to:
- Manage projects to maximize profit
- Automate the tracking of the bid-to-bill process while decreasing your DSO
- Improve interactions internally, with vendors, and customers
- Roll up financial project hierarchies to track financials for related projects Recognize revenue as projects are completed or milestones are hit