Progressus 11.4.1.22 release notes is now available, featuring a variety of enhancements aimed at expanding the robust functionality for professional services and project-based businesses. The March release notes brings key enhancements, particularly improving Expense and Resource management. This update enriches the suite’s capabilities, ensuring a more robust and efficient workflow. Enhancements to Expense and Resource…
In today’s complex business landscape, the right software tools are more than just aids; they are essential components that drive project success and financial stability. A common area of confusion lies in distinguishing between Project Management and Project Accounting software. Both serve critical yet distinct functions in the lifecycle of a project. This blog aims…
Are your resources and rate structures optimized for profitability? In the professional services industry, where time is money, ensuring profitability requires careful planning and execution. Many firms rely on billable hours to generate revenue, but simply maximizing billable time isn’t enough. This blog explores two key drivers of profitability: rate structures and resource utilization. We’ll…
Overview The most general definition of project accounting would be tracking financial transactions by project including costs, billings, and revenue. What constitutes project accounting in a company is based on several factors including company type, the number of projects and company size. For project centric companies such as Consulting Firms, Architect and Engineering Firms or…
Per Microsoft, Lifecycle Services (LCS) improves quality & predictability of Finance & Operations implementations. It’s designed to provide the right information to the right people at the right time. Inside, you’ll find a suite of tools to help you manage, monitor, and upgrade F&O, identify known issues, and provide access to external partners and collaborators.…
Microsoft Dynamics SL has served project and service-based SMBs for 40+ years. In a lot of ways, it’s still a solid product–made to address the unique challenges consulting firms, construction companies, and professional service orgs face day-to-day. Inside, you’ll find a suite of modules for things like project accounting, supply chain management, and complex financials.…
For businesses using Microsoft Dynamics GP, the conversation around modernization and cloud migration is becoming more urgent. With Microsoft’s recent announcements on GP’s end of life and the shift towards Dynamics 365 Business Central (D365 BC), many organizations are evaluating their options. While GP has been a reliable on-premises ERP system, its limitations in scalability,…
Introduction Project accounting is an overly broad term. The most general definition would be tracking financial transactions by project including costs, billings, and revenue. In reality though, project accounting can be much more than that. What constitutes project accounting in a company is based on several factors including company type, the number of projects and…
From constant technological flux to the lingering effects of the pandemic, today’s professional services firms are navigating a storm of challenges. They’re tackling digital transformation head-on, plotting their post-pandemic course correction, and rebuilding client connections in this new reality. But these aren’t the only hurdles they face. Complex projects, geographically scattered teams, and the intangible…
Background The J.G. Management Systems (JGMS) team works shoulder-to-shoulder with some of the world’s most respected government organizations such as Department of Energy, Department of Commerce, Department of Homeland Security, Department of Defense, Department of the Interior, Department of Agriculture—and excels at tackling the most difficult projects. A national award-winning firm, JGMS has over 20…
