Category: General Business

Key Performance Indicators (KPIs) for Professional Services Firms

Professional Services Firms rely on Key Performance Indicators (KPIs) to drive continuous improvement, evaluate business performance, and respond when plans go awry. These metrics provide the foundation for more outcome-oriented engagements, leveraging real-time data to secure contracts, monitor progress, and demonstrate the value of client investments. In this article, we will delve into essential KPIs…
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The Evolution of the Professional Services Industry

Key Drivers in the Evolution of the Professional Services Industry

The professional services industry is undergoing a transformation driven by familiar yet powerful forces. These forces encompass digitization, the adoption of data-centric business strategies, the ongoing recovery from the COVID-19 pandemic, and more. These transformative elements, while well-recognized, are evolving at an unprecedented pace, affecting how professional services firms operate, make decisions, collaborate, and structure…
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Progressus Software Announces Major Release to Enhance Dynamics 365 for Professional Services Firms

Building on the promise to empower project-based businesses to turn projects into profits, Progressus, the first app designed for Microsoft Dynamics 365 Business Central is unveiling transformative new features and expanding markets in 2024. COLUMBUS, OH — OCTOBER 16, 2023 — Velosio, the leading cloud applications partner for midmarket companies, announces a major release of…
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Progressus Project Risk Management

The Importance of Project Risk Management for A&E Firms

In the highly competitive A&E marketplace, knowing and anticipating a project’s expenses correctly provides a definite advantage when competing for a contract. But, even in the best of circumstances, cost estimating is complicated and there are myriad risks and uncertainties to consider. First, it’s important to understand the complexity of cost estimating. Companies should invest…
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Optimizing Project Accounting: A Game-Changer for Professional Services

Many professional services firms face challenges in delivering projects within the stipulated time and budget. Navigating intricate project structures often lead to issues in deriving precise estimates, budgets, and schedules. Missed communication can further escalate costs or introduce delays. To appease clients, some businesses might even offer discounts when projects face hitches. Ultimately, these hurdles…
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Subcontractor Management for Engineering Companies

Subcontracting in the A&E industry has greatly increased in recent years. Technology, size, and scale of projects are tending to be larger and more complex. As a result, many firms subcontract work because of insufficient resources or expertise in a specific area. For firms working in the government arena, contracts may require a certain participation…
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Progressus Global Collaborates with Microsoft Corporation to Launch Spring Update for Overlay that Brings Dynamics SL Functionality to Dynamics 365 Business Central

New features built with Dynamics SL users in mind, but available to all Microsoft Dynamics 365 Business Central users FINDLAY, OH April 20, 2021 – Progressus Global, a leader in solution development for the Microsoft Dynamics platform, today announced that in collaboration with Microsoft, the company launched the Spring Release for the Dynamics SL Overlay…
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