Scaling a software services or a BPO firm is always challenging without having a PSA (Professional Services Automation) platform set up to support the organization. When the number of employees increase, the key factor that determines profitability is “utilization.” If a services firm cannot maintain a high degree of utilization of its billable employees, then it will sacrifice profitably and eventually its growth.
With ArrowPS, software services firms can not only proactively track staffing, forecasting and hiring very effectively, but they can effectively track time and expense for the work done for the client (or internal) at an activity level and generate profitability alerts at Employee, Revenue/Project and Company Level if required.
Most Law firms bill on a Time & Material basis. Whether work is done at a T&M material basis or at a Fixed time basis, ArrowPS allows to track a client’s time, expenses, billing, invoices, and outstanding. The system can automatically send reminders to clients on unpaid amounts and escalate the same to internal resources to follow up. Reminders can also be sent to internal teams to log their time and expense so that it can be billed in a timely manner. Invoices can be generated automatically from the system and sent to the client via email or post.
Law firms require that no conflicting work/cases be taken up in representing clients within the same firm. For example, an office in one City working with a client and another office in another city should never pick up opposing work (at least the system should alert on the conflict check!)
Product Development firms have multiple streams of work to worry about. There is always the current released product which is in the production environment which will constantly get issues/bugs/performance escalations and then there is the other environment, which is the next release. To manage the delivery schedules for bugs and issues, along with new build releases, ArrowPS provides an integrated issue tracking system which links to a customer portal that allows customers to log issues that can get channelled to teams in an organized manner and tracked to completion. At the same time, new release tasks can be logged and tracked to closure in parallel.
Most Law firms bill on a Time & Material basis. Whether work is done at a T&M material basis or at a Fixed time basis, ArrowPS allows to track a client’s time, expenses, billing, invoices, and outstanding. The system can automatically send reminders to clients on unpaid amounts and escalate the same to internal resources to follow up. Reminders can also be sent to internal teams to log their time and expense so that it can be billed in a timely manner. Invoices can be generated automatically from the system and sent to the client via email or post.
Law firms require that no conflicting work/cases be taken up in representing clients within the same firm. For example, an office in one City working with a client and another office in another city should never pick up opposing work (at least the system should alert on the conflict check!)