The Best Project-Based ERP?

by Jeff Ryan, MD of AWCape, a Sage Business Partner

Accounting for a professional services business is not easy. In many cases, this involves manually processing and patching together countless Microsoft Excel spreadsheets.

In an ideal world, the accounting should be automated, and the data seamlessly integrated across the business through customisable workflows. Also, projects and profitability should be carefully managed by tracking project costs, real-time processing of time and expenses to accelerate project invoicing and billing.

Lastly, for a professional services firm, all software should help improve customer satisfaction through more efficient, integrated quote-cash processes.  

Easier said than done, right?

The above is a lot for one solution to cover, especially across diverse professional services industries like digital marketing, IT services, professional employer organisations (PEOs), consulting, advertising & PR agencies, HR services, research or engineering.

Greater financial visibility

Sage Intacct is ideally suited to the professional services industry and it combines smooth operational workflows with greater financial visibility to bring your business to new heights.

You can consolidate resource management, simplify project time tracking with automation and mobile timesheets, and make data-based strategic decisions quicker all on one efficient platform that scales with your company.

Cloud-based financial solutions automate the tedious tasks that have historically taken hours, or even days, to complete. All of this time can, instead, be invested in the services you provide to your customers.

The best solutions provide employees with different dashboards so everyone has access to the data they require – in real-time.

Finally, Sage Intacct offers built-in timesheets, which are incredibly valuable for professional services businesses who must account for the time spent on products and projects to their customers.

But don’t take our biased word for it…

Sage Intacct: Voted as the best in the Project-Based ERP Category – here’s why

G2 is the world’s largest and most trusted tech marketplace where people can discover, review, and manage the software they need.

To qualify for inclusion in the Project-Based ERP category, a product must:

1. Include functionality for project, programme, and portfolio management
2. Provide an end-to-end solution for all project-based work of a company
3. Track and record resources and costs on a project and portfolio level
4. Deliver front office (sales and marketing) and back office (procurement) features
5. Manage suppliers, subcontractors, contracts, as well as bids and RFPs
6. Support project-accounting features as well as time and expense tracking
7. Integrate with or provide modules for HR, workforce management, or payroll

Quite a lot to qualify in this category! In the latest results for the Project-Based ERP category, it is no surprise that Sage Intacct came out at the top:

See the full article here: https://www.g2.com/categories/project-based-erp?tab=highest_rated

Read here another article on how to digitally transform your financial services business in four steps:

4 Steps to financial management digital transformation for professional services

**In professional services? Want to find out more on Sage Intacct? Get in touch with our team at info@awcape.co.za