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Navigating the Crossroads: Project Management vs. Project Accounting Software

Progressus

In today’s complex business landscape, the right software tools are more than just aids; they are essential components that drive project success and financial stability. A common area of confusion lies in distinguishing between Project Management and Project Accounting software.

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How to Use Flow Metrics to See if Your Economies of Scale Offer Value, Part 3

Johanna Rothman

Flow Efficiency In How Centralization Decisions Create Friction, Increase Cycle Time, and Cost Money, Part 1, I discussed how removing support staff for departments and managers created longer cycle times. Now, it's time for Economies of Scale and how that ties into resource efficiency thinking. See the Wikipedia article.

Metrics 63
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Technology Ain’t Going to Solve Your Problems

Markovitz Consulting

I was at a conference for internet retailers two weeks ago and was overwhelmed by the software and hardware solutions promising to solve all their operational problems and turn their ecommerce businesses into a highly profitable, eight figure monsters. You’ve got to eliminate the interruptions before you add software. They’re lying.

Software 178
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Optimizing Project Accounting: A Game-Changer for Professional Services

Progressus

To steer the business in the right direction, the finance department requires instantaneous data on project statuses, forthcoming deals, and future client engagements. This 360-degree view facilitates efficient project management, helps in tapping into real-time opportunities, and allows firms to recognize and mitigate potential risks.

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Upgrade your Legacy System without Disrupting your Project-based Organization

Progressus

Legacy systems are outdated computer systems, software applications, and technologies designed to perform specific tasks in a specific way. With less hardware and software baggage and a more modern IT architecture, established companies can simplify their processes and IT environment and sharply improve their performance.

System 52
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Key Performance Indicators (KPIs) for Professional Services Firms

Progressus

People often generate nearly 80% of the industry’s revenue, making efficient resource management critical. Efficient resource allocation, based on skills, experience, focus areas, and credentials, maximizes billing rates and avoids work scope disputes.

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What is Project Accounting?

Progressus

For project-centric companies such as consulting firms, architect and engineering firms or software publishers, the term project accounting takes on a whole new meaning. Achieving Your Project Management Goals with Progressus Project Accounting Progressus Project Accounting allows project-based businesses to take control of project finances.