Professional Services

Successful project delivery - it's the engine that fuels profitability and growth for companies in service-driven industries, such as management consulting, software development and system integration. Yet the ability for these firms to complete projects that meet customer expectations is becoming increasingly difficult. Global workforces have grown exponentially. Dynamic market conditions and competitive pressures are calling for innovative service offerings that test a project team's ability to think fast and adapt rapidly. This is all taking place while new, formidable players fight for the same business, putting more pressure on prices and margins. Delivering successful projects on a consistent basis has never been more challenging, and more important.

In an effort to optimize the entire project lifecycle, companies are turning to ERP systems for their program, resource and financial management capabilities. Many project management teams, however, still rely on best-in-class project scheduling and execution tools, such as Microsoft Project and Primavera, to manage projects on a day-to-day basis. As a result of using two disconnected systems, these companies face inefficiencies throughout the project delivery process that directly impact project performance. Impress for Projects eliminates these issues by enabling project data to flow seamlessly between systems.

With Impress for Projects, the need to enter, approve and reconcile data in multiple systems is eliminated. Instead, all project stakeholders have the information they need when they need it to more efficiently perform activities and make decisions. Finance can accurately track and report project performance with access to up-to-date progress information, and Analysts can perform more accurate and timely earned value analysis, revenue recognition, and forecasting. Project managers always have an accurate picture of resource and material availability to optimize schedules, and access to the current budget and cost picture to keep the project on track financially.

Impress for Projects allows professional service organizations to:

• Align project execution and controlling
• Complete more projects on-time and on-budget
• Improve revenue forecasting and portfolio management
• Optimize resource utilization
• Eliminate duplicate time and expense entry
• Get more timely and accurate project status reports
• Reduce days sales outstanding (DSO) and increase cash flow
• Deploy an integration solution in a fraction of the time and cost of alternatives