Why should project-based businesses choose PSA over traditional ERP?

For companies that use time as a means of billing and invoicing, traditional ERP solutions are not the best fit. ERP systems were traditionally written for manufacturing and warehousing workflows to streamline daily business processes like accounting, budgeting, resource planning, procurement, and sales.

But the demands of project-based businesses are very different as you need to plan and manage projects and resources, track time and expenses, handle billing and invoicing, reporting, and more. A Professional Services Automation (PSA) solution that is designed specifically for project-based businesses makes your job easier by optimizing the way you track, manage, and utilize your time.

PSA centralizes project delivery data and provides visibility into the lifecycle of projects and performing metrics such as revenue, cost, utilization, and profit margins. By bringing together all your disparate project management needs under one hood, PSA enables you to plan, manage, and measure project performance throughout the service delivery cycle, helping you deliver high-quality services, meet client needs, win new business, and stay profitable.