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What is the Professional Services Industry All About?

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And —rather than selling physical products, they deal in less tangible resources like time, insights, and expertise – billed either by hour or by project. According to TSIA’s 2023 State of Professional Services report , services services remain at the core of professional services orgs across the spectrum.

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ERP Software for Project-Driven Organizations

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Many project-driven organizations are finding that they can operate much more efficiently with Enterprise Resource Planning (ERP) software. It’s capable of linking a company’s financials, supply chain, operations, commerce, reporting, manufacturing, and human resources activities on one platform. Ensure business agility.