JohnMaverick0120

The need for enterprise collaboration as well as an online collaboration tool has never been so much as in the past twelve months. However, it is somewhat strange that most business managers and professionals mistake collaboration for the use of software tools, the growth of which has been extraordinary – thanks to COVID-induced work-from-home. Statistics reveal an exponential rise in the adoption of collaboration tools such as Zoom, Microsoft Teams, WebEx, Google Meet, etc. Now, let us look at companies. There are bad companies. There are good companies. And there are great companies. What makes some companies great, and others just ordinary? Is it the quality of their products and services? Is it the organizational processes and tools? Is it the competency of their people? Maybe, maybe not! While discussions and conversations about organizational success may turn toward processes, tools, skills, one aspect that gets very little focus is – collaboration! Research indicates that a majo...

  A study by McKinsey indicates that most industries are either facing or are expected to face different levels of perceived instability of the business environment. Different types of Professional Services are also expected to face the wrath of the future instability triggered by factors including technology, global competition, regulations, compliance, information security, and others. While organizations must rework their go-to-market strategies and operating models, the role of automation via Online PSA Software appears to be pivotal. An Online PSA Software c o uld push professional services enterprises into the future — with relative ease! Before we get there, it is essential that we understand how professional services industry works. There are two key stages that professional services companies go through — Pre-Sales and Project Delivery…read more at   https://www.productdossier.com/blog/details/0000000236

  You may be delivering a professional services project for a B2B customer or a new product development project. It might be an internal project to improve the productivity of a functional area through an automation tool. Let us face it. Irrespective of the nature of your project, businesses and their leaders are judged by their impact to the top line (revenue) and the bottom line (profit) Cost Estimation and Budgeting in Project Management turns out to be either your weakest link or the strongest one - to profitability. What does Cost Estimation and Budgeting entail in Project Management? The objective of Cost Estimation is to understand all the resources and the associated costs needed to deliver the project satisfactorily. Budgeting assigns a constraint in terms of the total amount that the project could spend. It is interesting to observe that Cost Estimation is performed by the project management team while the Budget is decided by the Project Sponsor or a Senior Manager. The ...

  Professional services enterprises are leveraging the top-of-the-line automation suites, to drive greater efficiency, productivity, and collaboration. Engineering, law, healthcare, design, and consulting firms are understanding the core benefits offered by   automation professional services software solutions , as they are a critical part of an overall digital transformation journey. To unlock the underlying advantages that a PSA software can provide, it is important to review the most important aspects of the automation platform. Let us analyze the 7 most important things businesses should focus on when using an online PSA software. 1.  Project  p lanning tools  — Implementing the right planning tools for projects is key to maximizing execution efficiencies. Projects that are planned through professional services automation software, are better aligned with organizational goals and delivery expectations. They also help professionals create robust business case...

  Over the past couple of decades, IT offshoring and outsourcing have grown significantly. However, the traditional approach of staff augmentation (where clients paid for each staff member a service provider added to complete an IT contract) soon made way for a robust model under which managed service providers (MSP) deliver specific capabilities for a given price. Markets and Markets estimates the   global managed services market   at USD 329 billion by 2025. Managed services include security, network, data center, IT infrastructure, and communication & collaboration. The need for  PSA   software for MSP or IT PSA software  has become imminent due to intense competition and demanding customers. Read more at  https://www.productdossier.com/blog/details/0000000224

  To survive and thrive, businesses need to create leads, capture those leads and convert them into lifelong customers. The danger is that one mistake can destroy a firm’s relationship with the customer. This is the reason why more businesses are beginning to use enquiry management systems everyday — to create a consistent approach to their sales opportunity funnel and create a lifelong customer. In simple terms, an  enquiry managemen t  system is an  automated proposal software  that works at the front end of the funnel to capture these opportunities and to successfully convert them. Incoming inquiries and opportunities are logged, tracked, and managed through this process so that sales teams can act on them. It also gives management an overall view of how these enquiries are handled so they can measure and predict sales performance. This type of proposal software eliminates the chance of enquiries falling through the cracks. By doing this, companies can p...

  Just try to imagine, creating a Proposal without a Proposal Automation Software. When it comes to creating a solid Proposal, an individual might spend hours and hours to draft a proposal. Gathering different aspects, outlining the goals, defining timelines, giving estimates, and recreating recommendations if any. Then it gets delivered to the prospect and we move to the next Proposal drafting process. But what happens next? Did that Proposal get looked at? Did that Proposal create an impact? And with each prospect who sends you a request to proposal (RFP), we start from the scratch again. Proposal Automation Software TouchBase – Proposal Automation Software brings you just what you need. It is : Specific to industries! Aligned with organizational standards and processes. Templatize proposal creation Proposal scheduling and resource management. Match the various types of contract. Transition from proposal to project delivery. Seam...

There cannot be a project without its success criteria. However, when we observe discussions on various online forums or conferences, many project professionals focus on schedule, cost, and quality. Numerous publications on project management continue to pivot around the triangle of schedule, cost, and quality. Is this so? Has the nature of projects not changed over the past fifty-odd years since project management became a discipline? Consider these projects. Development of a mobile app for the New Year. Drug development for a life-threatening disease. Highway infrastructure project in Amazon. Implementing GDPR on a technology project. Building a school for a charitable trust. On a close review of the above projects, does one still feel that the success criterion is either schedule, cost, or quality? The first project would be successful only if delivered before Dec 31st – hence schedule would be the key success criterion. However, the same may not be true about drug development. Of c...

  Task management   addresses the end-to-end life cycle of projects from initiation, to planning, execution, and finally to closure, cutting across the different dimensions of project management — scope, resources, costs, quality, risks, communication, procurement, and integration. A   Task management Software   operates at the core of schedule management. It enables teams achieve the project goals by collaboration, and knowledge sharing. Tasks are also differentiated by complexity from low to high. How to manage tasks effectively? TouchBase- a complete Proj e ct Task Management Software   for business of all sizes provides a comprehensive solution for task management. It can be easily configured to the needs of your industry and your organizational standards, be it - Professional services Life sciences and pharmaceuticals Engineering and manufacturing EPC (Engineering Procurement & Construction) FMCG Consumer durables and… Others TouchBase is currently used...

  When it comes to   Project Portfolio Management   a Project manager is responsible for ensuring that a project is going through managed set of activities and all the processes are in sync with each other. A Project manager ensures that all these activities meet the project goals and are moving towards Project Portfolio Management success. In Project Management, there are various traps   to encounter and if the Project Manager is not alert and adaptive all the Project management activities may come down the road. Let us educate ourselves on various different types of Project Portfolio Management traps and how we can get out of them. Project portfolio management trap Read the full blog at  Do you want to avoid the Project Portfolio Management Trap ?

  TouchBase is a   Professional Services Automation   Tool which helps teams to plan, organize and put together a work force for a successful Project Management. TouchBase —  Professional Services Automation (PSA)  software empowers your enterprise’s professional services business to experience real-time reports and helps increase project profitability by maximizing resource utilization. Experience all of this on a single Cloud based platform know as  TouchBase . Professional Services Automation Software Read more on  Professional Services Automation (PSA) Software for MSPs and IT Professional .

Business Continuity can be termed an enterprise’s capability of maintaining its Business-As-Usual processes in case of any disruptions due to natural or unforeseeable catastrophes. The strategy covers human resources, business processes, assets and so on. Cloud Based Project Management Software A Business Continuity plan is the most important for every enterprise or an organization whenever any unusual problem occurs. It enables enterprises to carry a degree of flexibility in processes no matter what happens, and it affords a degree of adaptability to unusual changes in the management. Carrying out business continuity is important for all businesses as it helps the organization to keep growing its revenue streams and stay afloat even in the face of disaster Read more at https://www.productdossier.com/blog/details/0000000179

Visualize a professional services business or any company that undertakes projects and programs for external customers. Generally called as Opportunity-to-Cash (O2C) or Quote-to-Cash (Q2C), we could split O2C as – Opportunity to Cash Process : Bids & Proposal to Profitably execution of project The life cycle of O2C projects and programs could be distinctly bucketed as – Bids & Proposal Management Project Planning Project Execution Organizations continue to struggle to deliver O2C projects & programs — profitably! Read the full blog on  Opportunity to Cash Process : Bids & Proposal to Profitably execution of project

Think about this — Why should an organization invest in a project if profitability would be compromised due to poor  Project Cost Control ? Importance of Cost Control in Project Management Irrespective of the nature of the project and its objectives, cost control in project management is — and would continue to be an important measure of project success. Unfortunately, many project managers and team members are still not comfortable managing this dimension of project management — they are contented to focus on the technical aspects of their projects. Strangely, project  t eams do not realize that it does not make business sense to deliver projects when cost control is not assigned top priority. Read the full blog on  Importance of Cost Control in Project Management .

Professional Services Automation There are lots of choices when it comes to selecting IT professional services automation (PSA) software . Do you go with a product recommended by a friend or choose the top selling brand? Do you have to spend a lot? What do you need to look for when choosing IT PSA software? Here are a few things to consider: Does the software automate all workflows?  If so, this can reduce cost. Typically, time is reported in unique spreadsheets by many different company employees. Someone collects the spreadsheets, and someone else uses the schedules to map them in the spreadsheets. In order to create a summary, you have to have the Workflow editor which can map the entire process of review and approval without using different software altogether. It should be this simple! When you are looking for a good IT professional services automation software product, make sure it has this capability. Does the software offer project reporting and tracking?  With the bes...

  A Proposal Management Software is the go-to solution for fast and error free Proposals. A good Proposal Management Software can provide you high productive results. Creating a solid proposal can prove to be a highly decisive point both for the success and long-term growth of the business. Interactive, detailed, and well-structured proposals help to gain a good coverage on better and huge business opportunities. So how to decide on which Proposal Management Software to go for? Creating a solid proposal can be a daunting task, it requires inputs from various departments, resources, etc. So, as it goes without saying creating a Proposal without the assistance of a Proposal Management Software it is a tough task to do. Below are some key features of a TouchBase - Proposal Management Software which can help you make your decisions even smarter. TouchBase - Proposal Management Software Read the full blog on https://www.productdossier.com/blog/details/0000000226

FMCG is a highly spread network around the word. When it comes to selecting the Best Project Management Software for FMCG there are various aspects to consider. Project Management Solution for FMCG Project Management is a very vital skill required in today’s day and age. There are different Project Management Strategies used for different Industries, but when it comes to FMCG industry specific TouchBase – Project Management Software for FMCG is the best streamlined software for the FMCG Industry. Read more at  https://www.productdossier.com/blog/details/0000000223   Learn more about the  Need of Project Management Software for FMCG Industry