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
Invoiced Billing Events

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

2021 PROFESSIONAL SERVICES MATURITY™ BENCHMARK REPORT

Discover key performance metrics for leading professional
services teams and see where your organization fits in
SPI’s Maturity Model™