Top 10 PSA Consulting/Services Companies - 2020

Professional services automation (PSA) refers to a full-scale software suite developed to assist specialists in project and service oriented businesses. By leveraging PSA, professional services providers can manage client engagements throughout the project lifecycle, beginning with sales, allocating resources to deliver the work and ends when payment is collected. And at the same time, PSA helps plan, manage, and measure the performance of each project. This enabled services providers to deliver more predictably, and also streamline or automate repetitive manual processes.

PSA enables not only tracking of key performance indicators but also helps draw insights required to allocate resources intelligently and increase profitability. This is done by automating time-consuming processes such as project planning and scheduling, financial reporting, and workflow management. Artificial intelligence enabled PSA helps predict when projects can be delivered by taking into account available resources and also make timely and informed decisions about future resource forecasting. When it comes to increasing productivity, PSA is extremely useful since it provides a set of tools for assigning the right people to the right tasks at the right billing rates. On one hand, PSA helps identify lower resolution utilization rates and on the other, aids in achieving higher utilization rates through improved team collaboration.

PSA helps track planned versus actual spending and captures non-billable time and expenses that comprise a significant portion of a budget. By providing information about projects and clients that contribute the most to profitability, PSA paints a clear map of where revenue is being generated and lost. Further, professional service providers can have an accurate picture of resource distribution on projects and see revenue, cost, and profit per each role. These insights can then be utilized to better plan and allocate resources for higher project margins. PSA breaks down information silos and ensures vital data overview across all levels to turn operations into a well-oiled machine.

At this juncture, there are a wide variety of PSA solution providers entering the market with a set of advanced offerings. To help companies navigate through the best-of-breed PSA solutions; CIO Review has compiled a list of Most Promising Professional Services Automation Solution Providers and Service Providers. The enlisted organizations are enabling professional service providers to improve operational and financial performance. Besides, the magazine also comprises insights from thought leaders in the sector on industry trends, best practices, recent innovations, and their advice for aspiring CIOs.

We present to you CIO Review’s, “10 Most Promising Professional Services Automation Consulting/Services Companies - 2020.”

Top PSA Consulting/Services Companies

Top Step is a certified NetSuite Alliance Partner and Solution Provider focused on professional services automation (PSA) tools. For the last 12 years, Top Step has worked with NetSuite OpenAir to help PSOs improve their usage of this cutting-edge PSA platform to optimize processes, add desired functionality, and improve their efficiency. With its technical expertise in NetSuite OpenAir and functional knowledge of the PSOs, the company helps its clients overcome challenges in customization, third-party system integration, reporting, and KPI optimization for improved business results. It chisels clients' business process to perfection and then bringing in the tool as additional support vs. force-fitting a tool into the existing business process

As trusted advisors for business processes, White Glove Consulting Group understands business processes right from marketing to sales to actually delivering projects all the way to revenue invoice and collection to provide operational efficiency and scalability. The company provides the kind of undivided attention and hard work to each project as if they were the business owners, hence the name—White Glove Consulting Group. Focusing on end-to-end business processes, the company helps clients achieve their high-level goals rather than doing configurations or implementations within silos

Armanino

Armanino

Armanino provides sound insights that lead to positive action as they address compliance issues, and its underlying business challenges—assessing opportunities, weighing risks, and exploring the practical implications of both short- and long-term decisions. Armanino provides solutions that are fully aligned with the client’s organization’s strategy. The firm will implement the technology to automate the business processes. Provides proven benchmarks and best practices that can add value company-wide. It will ensure to meet the requirements and proactively plan to take full advantage of the changes at hand. With its experience and the resources, Armanino uncovers information, interprets it, and uses it to client’s strategic advantage

Black Ink Tax & Accounting Services

Black Ink Tax & Accounting Services

Black Ink offers bookkeeping Services online to small businesses, across the United States, that have less time to do business accounting on their own. The boutique firms provide small businesses with customized accounting, bookkeeping, business advisory and tax preparation services with top-notch quality. Black Ink teams are qualified accountants who offer excellent customer support with guaranteed small business bookkeeping and accounting solutions in the USA. The list of accounting and bookkeeping services at Black Ink is diverse, covering payroll processing, financial reporting, bookkeeping, invoice handling, and credit card management

Element Five Solutions

Element Five Solutions

Element Five Solutions functions on Five tenets to serve its Customers, with technology, products and markets and with its stakeholders and collaborators within the ecosystem. Element Five Solutions delivers first-class, reliable, and affordable ERP, CRM, Analytics, Custom Software Development services that prioritize your specific needs above everything else. Through our proven methodologies and deep technical expertise, we can increase your efficiency and decrease your total cost of ownership. The company strives to provide the best technology solutions that are easy to use and fast and best implementation experience from beginning to end, with quality delivery

ERP Advisors Group

ERP Advisors Group

With the provision of software advisory services, ERP Advisors Group works on enterprise software selections and implementations. They are experts in conducting software selections and know the pitfalls to avoid as they guide clients to a successful go-live. The consultants at ERP Advisors Group care deeply about the client’s project and are vested as much as clients are in making it a success. Ultimately, doing just about anything to make sure the businesses are a success. In 2020, ERP Advisors Group made the Inc. 5000 for the second year in a row as one of America’s fastest-growing private companies

NextSTOP Consulting

NextSTOP Consulting

A boutique consulting firm that is strictly focused on the needs of small & medium-sized businesses. NextSTOP works with technology professionals from Global Partner Exchange community, and its expertise spans infrastructure, cybersecurity, web, mobile & cloud software development, Machine Learning, Big Data & Analytics, AI, DevOps, Business Process Automation, project, program and executive management. The firm identifies, plans and delivers a customized Strategy to optimize Technology, Operations and Process management. By engaging NextSTOP, the benefit of being vendor agnostic, single point of contact for strategy development as well as relationship, resource & program management

Professional Legal Services

Professional Legal Services

By handling legal support service needs to all firms, Professional Legal Services, Inc. (PLS) offers local and out of area court filings via courier, fax or email throughout California. The firms provide a comprehensive service package that includes court research to filling services. With highly trained court research staff all the documents to serve Notices of Levy, Notices of Attachment and Earning Withholding Orders for law office clients are provided. PLS handles the most challenging court research assignments, including property records, indexing court records, archived files, and many more

RSM International

RSM International

By working with a powerful network of audit, tax and consulting experts with offices all over the world, RSM provides an integrated team that shares skills, insight and resources, as well as a client-centric approach that’s based on a deep understanding of the client’s business. RSM empowers its clients to move forward with confidence and realise their full potential. This is what They call the Power of Being Understood. Offers advise on a wide range of issues from audit and assurance, consulting, tax, risk advisory, IFRS, restructuring, transaction and business and financial advisory solutions

RTM Consulting

RTM Consulting

RTM Consulting’s unique Just-in-Time Resourcing brand of human capital management solutions has become a powerful differentiator for many different types of service providers. In addition to its offerings to support better Global Resource Management, the firm offers a full range of services for Project and Portfolio Management, Services Business Optimization, Digital Transformation, and Training necessary to compete in the digital age. Combined with its Business Acceleration Services, RTM helps client’s company achieve its goals in the shortest possible period of time