In the latest issue of PSC’s Service Contractor Magazine, we’re spotlighting how Professional Services firms can transform operations with a smarter, cloud-compliant ERP. Read more: https://hubs.la/Q03G-s490 From project tracking to real-time billing, Cognitus is helping contractors streamline delivery and scale with confidence. #ProjectTracking #CloudERP #ProfessionalServices #Compliance #ProjectBilling
How PSC's Service Contractor Magazine highlights cloud ERP for Professional Services
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What are inseparables in ERP projects? Timeline AND Budget Within the timeline, you’ll have the budget. There’s a direct connection between the two. No big deal, right? Not so fast. When deadlines slip, costs rise. Extra meetings, additional development, and extended support hours all accumulate quickly. The solution is simple: 👉 Track both (timeline and budget) on a weekly basis. It sounds simple, because it is simple. But sometimes the simple things get glossed over during long projects. #ProjectManagement #ERPImplementation #BusinessOperations #BudgetControl #EnterpriseIT
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Why do so many ERP projects face delays and cost overruns? One firm decided to flip the script by committing to a fixed-fee model, absorbing the costs of any delays to protect the client’s budget. But true success isn't measured at go-live; it's about sustained performance. That's why they include six months of post-implementation support, ensuring long-term value for clients. A commitment to managing relationships and client needs goes beyond billable hours, focusing on tangible outcomes. How do you approach ensuring project success extends beyond the initial launch? #ERPImplementation #ProjectManagement #FixedFee #ClientSuccess #ValueDelivery
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ERP projects are known for their high risk and uncertainty, often plagued by delays and cost overruns. To counter this, a fixed-fee model ensures clients aren't burdened with extra costs if deadlines aren't met. The focus shifts from billable hours to managing the client relationship and understanding their needs. True success is measured six months post-implementation, so the model includes six months of support, offering a unique and attractive approach in the industry. #ERP #ProjectManagement #FixedFee #ClientRelationship #Support #Innovation
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ERP projects are among the most complex initiatives a local government can take on—expensive, disruptive, and reliant on both external consultants and internal expertise. The toughest challenge is often staffing: the very employees best suited to lead the project are also critical to daily operations. This article from the latest issue of Government Finance Review explores the unique challenges of ERP projects and offers a fresh approach to project staffing to help governments plan more effectively. Read more at https://lnkd.in/eTu3G3-s. #GFOA #localgov #technology #innovation #ERP #projectmanagement
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ERP projects are high-pressure and high stakes. To thrive in that environment and deliver results, you need A-players with business acumen, cross-functional awareness, and the grit to lead from the trenches. Read the full article to learn how to build your ERP core team to win: https://bit.ly/3JRWxD7 Explore more ERP implementation tips: https://bit.ly/460hS63 #ERPImplementationTips #AskPemeco #ERPImplementation #ProjectManagement #DigitalTransformation
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Modern finance systems are becoming a core part of how organisations operate. As companies work to modernise their finance functions, there’s a growing need for professionals who can bridge the gap between finance and technology. Read our guide to learn practical tips about how to become a Finance Systems Manager: https://brnw.ch/21wVYtM #FinanceSystems #DigitalTransformation #ERP #EPM #SystemsAccountants
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Hi everyone, Here is a short video on Accounting Basics. It will be helpful for anyone who is learning an ERP system, wants to understand accounting fundamentals for daily work, or is simply curious about the topic. #AccountingBasics, #ERP, #ERPSolutions, #ERPConsulting, #BusinessConsulting, #Finance, #FinancialEducation, #AccountingForBusiness, #DigitalTransformation, #BusinessGrowth #EnterpriseSolutions, #AccountingTips, #LearnAccounting, #AccountingAndFinance, #WorkSmarter, #ProfessionalGrowth, #BusinessManagement, #ERPSystems, #AccountingMadeSimple #CareerDevelopment, #Acumatica, Acumatica
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ERP Implementation Strategy: Why Q4 should not be underestimated For many businesses, the final months of the year (October to December) feel like the last stretch — teams are busy closing projects and preparing for the holiday season. On the surface, Q4 might seem like the worst time to take on a major initiative like an ERP project. In reality, it can actually be one of the best times to begin. Read our latest blog now: https://lnkd.in/eFrTqS4V
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Why are ERP projects often considered among the riskiest and most uncertain? Perhaps it's the potential for delays and cost overruns that loom large. One firm commits to a fixed fee model, absorbing the costs of delays to shield their clients. Their focus extends beyond billable hours, prioritizing client relationships and needs. The true measure of success for an ERP implementation isn't just the go-live day, but the six months that follow. To that end, six months of support are incorporated into their fixed fee model. A key takeaway? Sometimes, taking on risk can be the biggest differentiator and value-add. Curious if anyone else has experienced this or would love your perspective on risk vs. reward. #ERPImplementation #ProjectManagement #RiskManagement #ClientRelationships #FixedFeeModel
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Are you spending hours chasing invoices? We see too many businesses who rely on this as their cash flow strategy. In most cases, invoice chasing isn’t the root problem. It is caused by disconnected systems- usually a patchwork of accounting software, spreadsheets and paper trails. This is when ERP systems, like MYOB Acumatica, become invaluable: ▪️ Automatically tracks receivables ▪️ Flags overdue accounts ▪️ Gives you a real-time view of your cash position Spend less time chasing and more time making decisions to grow your business. #cashflow #erp #erpsystems #businessgrowth #smb #myobacumatica
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