What is Professional Services Automation Software?

Picture this

You're running a small digital advertising agency with nine employees. Everyone is working hard, but you know that the effort doesn't match what you read on the bottom line.

Things often fall between the cracks due to a lack of transparency and software support, and your team is leaking billable hours. Not to mention that the bottom line isn't updated as frequently as it should be.

The worst part: you know that you could increase your market share and grow your business — if only you didn't have to spend so much time on damage control and managing your software systems.

Meanwhile, in a not-so-distant possible future

Productivity has sky-rocketed as everyone is on the same page, pulling in the same direction. The revenue leakage is gone, projects are on time and budget, and while your billing cycle has decreased, your profit margin has gone up.

And the best part - you can trust your bottom line. With real-time business intelligence available at all times, you can finally focus on growing your business.

Enter: Professional Services Automation

Professional Services Automation (PSA) applications are designed to make life easier for specialists in project- and service-oriented businesses, such as consultants, architects, accountants, lawyers, and agencies.

There are many different PSA systems out there, targeting different sizes of businesses and sectors. But most of them share these common capabilities:

• Project management
• Time tracking
• Expense management
• Resource management
• Invoicing
• Product management
• Business intelligence
• Collaboration tools
• API for integrations