4 Signs That Show You Need PSA Software!
In this blog we will show 4 signs a PSA software is needed for your business. With PSA software all your project-oriented information that businesses need, resides directly inside single fully integrated piece of software where you can easily get the insights required to be reactive and proactive in management decisions of client projects.
What Signs Show That You Need PSA Software?
If you can relate to the issues below, then it's time to consider PSA Software:
You're having trouble utilizing resources - To minimize bench time and get the right people on the right projects, you need to be able to track them. That’s going to require PSA software. Consider this, if you get one more billable hour out of your consultants every week for a year, you could significantly increase your bottom-line revenue. SPI Research found that larger organizations increased billable utilization from 71% to over 75% with PSA, meaning roughly 80 additional billable hours annually per consultant. More importantly, PSA has helped increase profitability per consultant by over 200%!
You’re still operating on spreadsheets - Even in 2022, many businesses are managing most of their processes via spreadsheets. This technique may work well for a small business with 4 to 5 users. However, once you go above 5 users and want to operate professionally, traceability and effectively managing resources becomes impractical, messy, and unprofessional without a PSA solution in place.
Lack of resource insights - Once a service business grows and expands, keeping track of who has what skills can be a monumental burden without an automation solution designed specifically for that task. Often, those businesses without it find themselves relying on external contractors to fill in the gaps, which increases costs while keeping revenue flat. With a PSA solution, your business has a central dashboard view of your entire organization’s resources at the touch of a button. This allows for more effective planning and bids on future projects, making staffing decisions on current tasks, and ensure that everything is done on time and within budget.
You’re over-servicing clients - As a service business, your main goal is to ensure client success and satisfaction. Frequently, businesses can spend up to double their quoted time on a project in order to make sure it’s completed correctly and in a timely manner. This is not only a huge cost overrun, but it’s a lost opportunity for people that could be doing billable work on other projects. With PSA software, businesses can track not only how much a client is spending but how much work they are putting into it down to the finest details.
If you can relate to the issues above, then it's time to consider PSA Software. Regardless of the complexity of your business or the basic tools you currently use to get by PSA software will help you streamline as a business.
CrossConcept Continuum goes beyond traditional PSA solutions available today by incorporating cutting-edge UI technology making the solution more user-friendly, resulting in fewer clicks within the solution and time spent logging data. CrossConcept Continuum has been built from the ground up to integrate with all major accounting systems to seamlessly synchronize projects and accounting within one unified system.
"See Continuum in action and find out how to streamline your project delivery to reduce costs and improve margins"