Best Professional Services Automation Software
PSA software can boost productivity and efficiencies for legal firms, accountancies, consulting companies and other service based companies.
At ERP Research we provide independent advice and analysis for professional services automation software helping you find the best software, faster.
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Best Professional Services Automation Software
Project management ERP software benefits organizations by integration projects with other key business functions such as finance, human resources, billing and more. Here are some of the best project management ERP software solutions:
Microsoft Dynamics Business Central
Microsoft Dynamics 365 Business Central is an ERP system for projects used by small and medium sized project based businesses such as architecture firms, consultancies and legal firms around the world.
SAP Business ByDesign
SAP Business ByDesign is a Cloud ERP solution that serves as a stable solution with over 30 out of the box processes for project focussed organisations including IT consultancies, managed service providers, engineering companies and more.
Oracle Netsuite
Netsuite is an integrated ERP system for project management focussed companies that need integrated sales, marketing, projects, human resources, finance and more. Netsuite ERP for project management is one of the best Cloud ERP solutions available.
Odoo
Odoo is an open source ERP software for project management, offering a suite of integrated tools.
SAP Business One
SAP Business One has developed many projects specific add-ons for various project management sub-verticals. SAP Business One is a strong ERP for project management if you are running a small business, SMB or SME.
Infor CloudSuite Industrial (Syteline)
Infor CSI is a popular ERP solution for small and medium sized manufacturing companies in discrete and process manufacturing industries. See how Infor compares.
SAP S/4 HANA
SAP S/4 HANA for many is the gold standard ERP solution for project management critical companies across multiple industries including professional services, engineering and more. The ERP solution offers strong project management capabilities.
Microsoft Dynamics 365
Microsoft Dynamics 365 has become extremely popular with project focussed organizations that need a greater degree of flexibility in their ERP system. Microsoft has also heavily invested in AI & ML capabilities to improve automation and efficiencies.
Oracle ERP Cloud
Oracle ERP Cloud is a popular ERP solution amongst engineering and projects focussed businesses owing to their highly successful project management solutions and capabilities that are well suited to large capital expenditure projects.
Best Cloud PSA Software
Many organisations need Cloud ERP for project management as they don't want to maintain servers and legacy IT operations. Here are some of the best Cloud-based project management ERP systems:
SAP S/4 HANA
SAP S/4 HANA for many is the gold standard ERP solution for project management critical companies across multiple industries including professional services, engineering and more. The ERP solution offers strong project management capabilities.
Microsoft Dynamics 365
Microsoft Dynamics 365 has become extremely popular with project focussed organizations that need a greater degree of flexibility in their ERP system. Microsoft has also heavily invested in AI & ML capabilities to improve automation and efficiencies.
IFS Applications
IFS is a popular Cloud ERP for companies seeking a cloud based ERP solution for project management and other people and asset based industries.
SAP Business ByDesign
SAP Business ByDesign is a Cloud ERP solution that serves as a stable solution with over 30 out of the box processes for project focussed organisations including IT consultancies, managed service providers, engineering companies and more.
Oracle Netsuite
Netsuite is an integrated ERP system for project management focussed companies that need integrated sales, marketing, projects, human resources, finance and more. Netsuite ERP for project management is one of the best Cloud ERP solutions available.
Oracle ERP Cloud
Oracle ERP Cloud is a popular ERP solution amongst engineering and projects focussed businesses owing to their highly successful project management solutions and capabilities that are well suited to large capital expenditure projects.
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Professional Services Automation Software FAQ
What are the benefits of Professional Services Automation software?
By integrating the functions of a professional services firm, leaders in professional services firms are able to automate processes and improve key metrics within their businesses. Typically, by correctly implementing and using a professional services automation tool, businesses can improve resource utilization, improve cash flow and revenues, plus increase profits.
For example, imagine you are running an IT consultancy firm. With a professional services automation system in place, you can create opportunities when a client asks you to bid for an RFP, ensuring you retain enough margin to remain profitable. You can then estimate the costs for your proposal and check you have the right consultants and project managers in place as well as ensure that any software or hardware necessary can be purchased and paid for.
Once you win the business, you can then track every step of the project, as well as all costs and bill the client accurately and on time. When PSA is implemented across your business, you can quickly increase your labor utilisation and take control of your operations in real time. According to a survey, a midsize (173 employees) professional services organisation reported an expected ROI of $23M USD over 5 years by adopting a PSA tool.
Who uses PSA Software?
PSA systems are now used by firms in many project based industries including:
- Architecture & Construction
- Environmental Consultancy
- Information Technology Consultancies, SaaS & Managed Service Providers (MSP)
- Marketing, Advertising & Communications
- Management Consultancies
- Legal & Law Firms
What's the difference between PSA and ERP?
Enterprise resource planning and professional services automation can be both complementary or interchangeable systems. In some cases, niche professional services automation tools are integrated into classic ERP or accounting systems. In others, professional services solutions take on the same core responsibilities as an ERP such as accounting.
Whilst there may be benefits to running a PSA system alongside a traditional ERP system, a truly integrated ERP with PSA functionality provides the greatest level of integration and financial visibility into the business.
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