Project-based ERP versus Generic ERP

A true project-based ERP system ties every single business transaction to an account, a user, an organization and a project. It provides visibility, insight and control across all of the areas of the project and wider organization, and enables better business decisions.

See more at: http://www.deltek.co.uk/mediacentre/blog/project-erp-vs-generic-erp#sthash.xbbwxPPq.dpuf

To learn more about project-based ERP, download our free eBook, Project-Based ERP for Dummies at http://www.deltek.co.uk/solutions/project-erp-for-dummies

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Ready to improve your firm’s cashflow?

Professional service organizations (PSOs) face a number of challenges during the day-to-day running of their business. One substantial challenge is managing cashflow; with payment and billing processes which can become overly complex due to the large amounts of incomings and outgoings associated with project delivery.

See more at: http://www.deltek.co.uk/mediacentre/blog/automate-billing-to-improve-cashflow#sthash.0O30Anot.PHyfVJjn.dpuf

This can become more obvious as PSOs grow, where ‘good-enough’ systems become extremely slow or even come to a complete halt due to their inability to manage the complexity of differing invoicing models (retainer, time & materials etc.) and payment term requests from clients.

An effective way of dealing with this challenge is to introduce automated billing as part of a broader project-based ERP system. It will allow the creation of accurate invoices in less time by connecting your labor and materials costs to the right level of a project. Transactions are validated for accuracy at the point of entry, meaning that invoice creation becomes more automated and predictable, with fewer errors.

What’s more, project-based ERP allows businesses to take complete control of their cashflow, making everything clearer, and providing detailed reports that can be used across all departments. The system also helps businesses to analyze their accounts in much more detail and identify any issues that are at risk of occurring well in advance, ensuring they can be rectified before they become serious issues.

By automating billing businesses can hugely improve cashflow as well as reaping benefits such as better reports and higher efficiency, leading to significant cost savings.

See more at: http://www.deltek.co.uk/mediacentre/blog/project-erp-insight-helps-you-to-make-savings#sthash.3YnGqw2W.nHDch4Et.dpuf

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Applying PM Best Practices Using Deltek Vision

Originally posted on Deltek Vision Blog:

Last week, Deltek hosted one of it’s most popular webinars ever!  Two of the A&E industry’s foremost experts, Dave Burstein of PSMJ Resources and Deltek’s Bob Stalilonis, shared project management best practices based on 70+ collective years of experience. Don’t worry if you missed it – the recording is available here .

Kathy Bagford, a Deltek client in Atlanta, had a great idea: a follow-up session showing how to apply those best practices using Deltek Vision.

Thanks to Kathy, we are running that webinar on March 11 at 1:00 ET.  Register here to attend.

Experts Dawn Gajewski and Bob Gillcrist will show how to use Vision for several of the most important project management challenges, including:

  • Go/No Go
  • Workplan
  • Negotiation
  • Monitoring
  • Adjusting
  • Reporting

This will be a great “how to” session for Deltek Vision clients.  Again, please register here – we’ll see you online.

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Ready to move away from your legacy finance systems?

Legacy finance systems are often costly to maintain in comparison to new project-based ERP (Enterprise Resource Planning) systems. This is because legacy systems are often more time consuming and financially taxing. Productivity is lost due to time spent maintaining and fixing an outdated system and time spent continuing to use a process that no longer fits the business.

Are legacy systems costing your business a fortune? – Learn more at http://www.deltek.co.uk/mediacentre/blog/are-legacy-systems-costing-business#

 

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Project-based ERP can help you realize savings

Professional Services firms have long faced the challenge of getting the most from their workforce. Without clear insight into where efficiency can be optimized, or where cost savings can be made, these organizations could be pouring money down the drain.

Learn more about how project-based ERP can help you save money at: http://www.deltek.co.uk/mediacentre/blog/project-erp-insight-helps-you-to-make-savings#sthash.3YnGqw2W.nHDch4Et.dpuf

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Kona: The Next Big Thing?

The Northern Virginia Technology Council has selected Deltek Kona to participate in a competition to showcase its technology at Destination Innovation – where companies will compete for the top prize of Most Innovative Company offering the next big thing.

Www.deltek.com/vote

Kona is competing in the social category against seven other companies – and only four can move forward to the next round. Learn more about Destination Innovation and while you are at it, vote for Kona and show your support. Polls close at midnight Friday (ET) so please vote today!

For More Information

To learn more about Kona Business visit our website or download our Kona product sheet.

See how our customers are using Kona today.

mega-featured-kona-video

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2014 Consulting Market Trends

With consulting market experiencing growth, is your firm positioned for new markets or changes in service portfolio? Deltek’s ClausThorsgaard looks at key consulting trends & advises what firms can do to respond. http://ow.ly/tu64B

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Project Management Webinar w/ PSMJ Resources

Originally posted on Deltek Vision Blog:

As we mentioned in our last blog post, Deltek and PSMJ Resources are teaming up on a great project management webinar. Principals, practice leaders and project managers – please join us Feb. 27 for 60 minutes of best practices titled “Building a Strong Project Management Culture in Your Firm: The 3 Pillars of PM Excellence.”

Register here.

From client and industry feedback, it’s clear that the driver of firm growth has swung back to project profitability.  To support that, this webinar offers 70+ years of combined A&E expertise between our two organizations.

Registration just opened and we’re seeing firms bring their full team of project managers.  It should be a great session.

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