PROFESSIONAL SERVICES REVENUE RECOGNITION
Stop leaking revenue. Start building profit.
No more wasted admin time, project delays, cash flow problems or lost revenue. One database, automated processes, forecasting tools -- FinancialForce PSA ensures nothing falls through the cracks.
Full lifecycle services forecasting
FORECASTING: Get flexible forecasting to suit your business model — revenue, billings and backlog — with configurable reporting and business rules.
- Support fixed fee forecasting supporting all revenue treatments, along with opportunity forecast and forecast scheduling
- Incorporate detailed scheduling info and revenue impact in analysis
- Get both current and future perspectives through sales pipeline visibility
Billing that’s accurate, fast, and formal
BILLING: Scan through all project data in real time and launch billing processes as fast as work is completed — in PSA or your preferred financial system.
- Workflow and approval functionality enables review with accounting
- Integrated pass off to financial system of your choice
- Automatic aggregation of billing data as work is complete/submitted with flexible approval
No more revenue recognition headaches
REVENUE RECOGNITION: Automate the recognition process — from simple time card submissions to the most complex completion milestones and compliance concerns.
- Recognize revenue using multiple methods
- Leverage a secure audit trail to insure compliance
- Easily hand off revenue recognition transactions to your financial system