What is Service Resource Planning?
Service Resource Planning (SRP) is an efficient, convenient, and powerful integration of software that gives you a best of breed approach to seamlessly manage your professional services business and related financial data. SRP provides you end-to-end, real-time visibility of your services business – from the corporate level all the way through to the individual project level.
Intacct + PSA + Salesforce.com Integration = Complete SRP
An Intacct SRP solution begins with Intacct and a strong Professional Services Automation (PSA) tool such as Clarizen or OpenAir. And when these tools are integrated with Salesforce, you get an extraordinary suite of on-demand business applications specifically designed for services companies.
An SRP solution heightens efficiency in a number of ways. It eliminates data re-entry between departments ensuring higher data accuracy; enables you to assign and plan allocations of your human capital efficiently; automate and streamline exchange of information between departments and systems. With reliable data being entered once and shared throughout the system, you limit risks that come in when data must be entered and re-entered.
Financial details, including project related billable and non-billable time and reimbursable and non-reimbursable expenses, can be seamlessly integrated between Intacct and a compatible PSA for improved invoicing, reporting and financial management. The integration of project financial data within a project will ensure complete end-to-end support of the project all the way through to cash life cycle.
This integration heightens efficiency in a number of ways. It eliminates data re-entry between departments ensuring higher data accuracy; enables you to assign and plan allocations of your human capital efficiently; and automate and streamline exchange of information between departments and systems. With reliable data being entered once and shared throughout the system, you limit risks that come in when data must be entered and re-entered.
For instance, say you’ve just closed a pursuit in Salesforce.com – as you close that pursuit, it automatically generates the newly closed business as a new project in your PSA tool. Once the project is created, anyone in your organization who will need to know about the project is automatically notified – such as the director of professional services. The professional services director can look at the team’s utilization charts to see who is available and assign appropriately. Once the contract is finalized, the billing rules and rates can be adjusted to assure that whatever goes to accounting will help assure accurate billing.
What does Intacct SRP do?
- Time entry
- Expense entry
- Labor burden cost
- Manage human resources
- Project portfolio
- Run reports, present dashboards
- more
Why InnoVergent?
No one has more expertise integrating accounting and Professional Services Automation software for the services industry. We pride ourselves on knowing better than other vendors not only how professional services companies work inside and out, from project management to accounting and back – but also on learning how your business works. Knowing intimately how your business works enables us to create integrations uniquely elegant in how they map to the way you do business.
Let us help you take your organization to a new level of business intelligence, optimal utilization, and profitability – simply contact us at info@innovergent.com or call us at 1-866-287-8643 and we’ll get you started.
