Industry: Professional Services

Making the Business Case for PSA in a Project-Centric Company

Learn More About Making the Business Case for PSA in a Project-Centric Company

I’m often asked about PSA (Professional Services Automation) solutions by potential buyers. Is it critical to success?  Is it more of a luxury solution to make things easier?  Will it pay for itself in the long-run? Short-run?  What they’re really asking, in most cases, is: “How do I sell it to our executive team?” For…
Dynamics 365 For Operations Tip: Vendor Prepayments and Revenue Recognition for Fixed Price Projects

Learn More About Dynamics 365 For Operations Tip: Vendor Prepayments and Revenue Recognition for Fixed Price Projects

Hello, Good to be back here on the blog !!! Jumping straight into the topic here today about a new addition of a feature for vendor prepayments in relation with fixed price project revenue recognition !! Issuing large amounts of prepayments to vendors is often a common business requirement for large scale, long-term fixed price projects, which involves a lot…
How to Deal with the 4 Problems That Cause Margin Erosion

Learn More About How to Deal with the 4 Problems That Cause Margin Erosion

Have your company ever won a job and finalized a statement of work (SOW) where everything appears to be in order until, suddenly, nothing adds up? Margin erosion is a term used to define loss of margin dollars that occur once a job has been won. More simply, it is a gradual reduction in gross…

Learn More About Top 10 Reasons to use IPM

IPM Project Management has a unique environment for managing the day to day operations of project staff. Presented through Outlook, but managed in a MS.SQL database, IPM is able to create, store and track all project communications, RFI’s, drawings and revisions, meeting minutes, change requests, subcontracts and purchase orders to provide a simple but sophisticated…