What's it like to manage financials for an organization that sells services instead of goods? Complicated.
You might need to analyze profitability for multiple entities. You might have contractors all over the world, or customers all over the web. And you may have a small team handling a large amount of diverse tasks. Meanwhile, you must constantly adapt to the needs of your customers and your market.
Intacct cloud accounting software helps you address all of the above without spreadsheets and headaches that many professional services firms experience today.
One of the most important issues facing professional services firms is profitable growth. As you grow your revenues and perhaps geography, the complexities associated with project accounting, multiple billing rates, milestone billing, different tax and regulatory requirements, worker compensation, and more can undermine both cash flow and profitability.
Here are five ways to ensure profitable growth:
Learn more by downloading our 5 Key Performance Indicators (KPIs) for Professional Services Firms Research Note at the top right of this page.
The key to achieving these five goals is the effective management of all revenue and cost information. Your accounting software is the hub of all of this information. It must provide an infrastructure where costs and revenues can easily be analyzed and where key members of the executive team can drill down to better understand areas of success and areas of improvement.
Intacct cloud accounting software delivers this clarity with the following:
We are the leading Intacct accounting software reseller and integrator in Seattle, Portland and throughout both Washington and Oregon. We've implemented Intacct for many professional services firms, including:
We believe that Intacct is the best accounting software for professional services firms because of the clarity it gives you on project and overall profitability.
Download our research note by filling out the form below to learn how you can achieve more profitable financial success: