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In a globalized business environment, a solid resource management system is a blessing. The flip side is - choosing the resource management software that is ‘best for your’ organization.

This solution is for enterprises which execute projects for their internal initiatives like Capital Expenditure, IT Projects etc.
Have you wondered if there is any correlation between the use of a proposal management software and your sales effectiveness?

Managing a professional services project successfully could be relatively easy if the project team is supported by first-grade PSA Software. However, successful project delivery hinges on numerous factors.

We have come a long way in the world of projects. The challenges associated with project management have also changed significantly. Despite availability of project management literature and experience sharing, project teams continue to struggle to deliver projects successfully.

Projects go through three broad phases – (a) portfolio analysis and business case justification (b) project initiation & planning (c) project delivery. At each of these stages, effective enterprise resource planning through industry-leading resource management tool act as the catalyst for value and cost.

The advancements in technology have given rise to sophisticated project management software. Assuming project managers have the project management skills, let us explore how TouchBase, a leading online project management software could empower project managers.

A strong project finance management software, managers can integrate project progress with actual costs that are linked to project budgets. Further, funding limits can be set up to ensure that the costs and cashflow are closely aligned.

It is common to hear leaders of professional services companies comment that even though they are more qualified to perform work for customers, are being underbid by competition. There are other leaders who are underbidding but leaving them to struggle for growth.

We are living in a global project economy, characterized by work that is visualized, planned, and executed with the discipline of project, program, and portfolio management. However, the Organizations rely on top-notch Project & Portfolio Management Software (a.k.a. PPM Software) solutions

Innovation-driven New Product Development is the driver of any organization’s survival, growth, and sustenance. It is also an irony that most organizations have not been successful in new product development journey.

A study by McKinsey indicates that most industries are either facing or are expected to face different levels of perceived instability of the business environment.

Project management in the automotive industry begins with evaluation and selection of new product ideas.

To gain the first-mover advantage, automotive OEMs must launch the right products swiftly and stay ahead of the competition.

On projects and programs, all roads must lead to profits and cashflow!

Living in a highly competitive world, delivering strategic programs and projects is futile unless backed by financial alignment, cost discipline,

Timesheet Management Software – The key to accurate project resource and cost management!

One of the key components of cost management is the way companies manage human resources. Three important dimensions of resource cost management are:

Resource Utilization
Resource Productivity
Resource Efficiency

As a project manager or a business leader, how could I improve project performance?

The above question seems to be the proverbial Achilles’ heel for project managers and business leaders alike – and more so during project and personal performance evaluation! While a PSA Software could be a great enabler to project teams, it is important to understand the constituents of project performance – be it projects for [

Resources – the driver of value and cost!

Organizations are undertaking programs and projects at an unprecedented rate to ensure execution meets strategy. The focus on program and project management

Professional services enterprises are leveraging the top-of-the-line automation suites, to drive greater efficiency, productivity, and collaboration. Engineering, law, healthcare, design, and consulting firms are understanding the core benefits offered by automation professional services software solutions, as they are a critical part of an overall digital transformation journey.

Despite periods of slower growth due to various macro-economic factors, the global economy has grown (at constant prices) from USD 11.4 trillion in 1960 to about USD 86 trillion. With the shifts in technology, lifestyle, and urbanization, this growth is expected to continue. The growth of global business brings customers and manufacturers / service providers closer – and thereby stiff

Growth is the lifeblood of a professional services enterprise. As senior executives, revenue growth for professional services is an essential determinator of your success. Studies indicate that the revenue growth strategy that decision-makers at professional services

Project Management

Let us face it.

Irrespective of the nature of the project and its objectives, cost control in project management is – and would continue to be an important measure of project success

For organizations and teams working on customer RFPs, developing proposals is a key challenge. Balancing the rigor and speed of proposal creation is what proposal writing teams find hard.

Project tracking, along with deliverables, milestones, and resources, is simplified significantly with the right PSA software solution.

IT services delivery teams face challenges like completing projects on time, meeting clients’ quality requirements , and doing it all safeguarding the project profit margins. Lack of timely and reliable information adds to their difficulties.

Resource management software is essential for enterprise resource planning if your business depends on delivering projects on time & within budget.

Whether your projects are time & material type or fixed price type, whether you follow the waterfall method or the agile method, allocating the right resources at the right time has emerged as the most