Professional Services Industries

As a Professional services company you deliver complex, medium to long duration projects with a low degree of repeatability to a highly competitive market and increasingly discerning customers.

The bulk of your revenue is generated by selling consultants’ time and the success of your company is directly linked with your ability to maintain high resource utilization without compromising the quality of work. 

Your ability to deliver projects effectively is critical to your bottom-line profitability. This in turn means that delivering projects on time and within budget quickly becomes the single most important aspect of your business.

The Challenge

Sustaining a high, but balanced, utilization of internal resources enables you to generate more business without increasing your fixed costs and overheads while at the same time maintaining your ability to deliver projects on time. As project priorities and deadlines change you need to be able to quickly reallocate resources in accordance with current priorities and to evaluate the impact on your project portfolio as a whole.

Rather than just another project accounting system you need a fully integrated operational project management solution to start spending more time managing and less time administering your projects.

Projects are seldom delivered exactly as initially agreed, contract variations and exceptions are commonplace and need to be managed from a financial as well as an operational perspective. You need a flexible budget management tool that not only tracks variations, change orders, revisions and transfers but also enables you to analyze your budget performance at any aggregation level. 

Completing a project is a collective effort shared between project managers, project administrators and project delivery team members. Your project management solution needs to facilitate collaboration within project teams as well as across departments and organization levels and needs to seamlessly integrate and consolidate project data from the entire enterprise.

Due to the non-standard nature of your project portfolio, managing changes, risks and issues is central to your project management efforts. Capturing risks and issues early and while they’re still minor is likely to prevent unnecessary escalation and project schedule disruptions.

Low repeatability means that each new project is unique which increases the financial and operational uncertainties that must be managed. A solid analytical framework is an essential tool in the on-going effort to keep projects profitable and real-time project visibility is a necessity for timely fact-based decision making.

The Solution

Advanced Projects® PSO is an enterprise project and portfolio management (EPPM) solution for Microsoft Dynamics AX professional services industries

Advanced Projects® PSO delivers mission critical capabilities specifically designed for professional services companies.

Extending the horizontal ERP capabilities of Dynamics AX, Advanced Projects PSO is a one-stop solution that will improve operational efficiency, reduce IT costs and increase your customer satisfaction level as well as your bottom line.

Advanced Projects® delivers best in class capabilities focused on the following project disciplines:

Project Life Cycle Support

With full project life cycle support Advanced Projects® PSO provides a single consolidated solution that enables you to effectively manage all critical project components, operational as well as administrative.

To read more about the solution visit the product overview page here.

The Value

Advanced Projects PSO helps professional services companies generate more business with fewer resources.

Experience tells us that our customers are able to improve their cost efficiency by an average of 2%-10% by delivering more projects on time and within budget and maintaining a high and balanced resource utilization.

Read more about how we get to these numbers here:

• Making the case for Advanced Project® PSO.