Professional Service Automation (PSA) Software enables IT consultants, auditors, lawyers, and other professionals to complete projects efficiently by quantifying and qualifying basic business processes through accurate metrics in order to streamline operations. It includes time recording, project management & documentation, billing, expense management, reporting, invoicing, and resource & labor utilization. PSA software helps integrate industry-appropriate metrics to ensure timely project delivery and better understanding of operations. These solutions ensure consistent management, planning, and performance measurement for every project throughout its lifecycle.
360Quadrants, the most granular comparison platform, has released a quadrant on Professional Service Automation Software to help businesses make quicker and more informed decisions. The quadrant has Oracle Corporation, FinancialForce PSA, and Microsoft Dynamics 365 sharing space as Visionary Leaders. 360Quadrants are generated post analysis of companies (product portfolios and business strategy). Quadrants will be updated every three months based on market and regional analyses and developments in Professional Service Automation Software. 360Quadrants also lists the 20 best companies in the Professional Service Automation Software space.
Oracle NetSuite Professional Services Automation is easy to implement and simple to maintain. NetSuite's PSA solution includes project management, resource management, project accounting, timesheet, and expense management & analytics. Its powerful configurability and expanded capabilities help manage user projects, resources, and finances efficiently. Oracle NetSuite is a comprehensively integrated solution that improves resource utilization and streamlines invoicing and billing, real-time visibility, and on-time project delivery. Oracle NetSuite PSA is a cloud-native solution that unites numerous ERP and PDA functionalities in order to meet the business needs of both product and service companies.
FinancialForce PSA is developed on a single, cloud-based platform—Salesforce. This PSA software makes available real-time business data instantly across all departments. FinancialForce PSA provides complete visibility and connects the right resources with the right projects in order to enable more informed decision making. FinancialForce PSA has use cases in resource management, mobility and collaboration, project financials, sales engagement, and forecasting. It controls the entire revenue recognition process and prevents expensive mistakes that can affect financial judgment.
Microsoft Dynamics 365 for Project Service Automation is a cloud-based project management application that helps manage projects from the initial prospect inquiry, to the closed sale, to project kick-off, through to project completion. Dynamics 365 Project Service Automation provides businesses with an in-depth insight into both the customer and the work to help achieve results on-time, within budget, and in line with customer expectations. Dynamics 365 PSA's intuitive tools help create valuable partnerships with clients and support success at each step of the project. The Project Service Automation app allows users to plan projects, create estimates, and manage work schedules efficiently. Dynamics 365 PSA uses reports and interactive dashboards to monitor key performance indicators for successful projects. The Project Service Automation application monitors and controls costs for project-based work and easily tracks project time and expenses either on mobile or using a web browser.