Business and Professional Services

If your company provides professional services, you face a unique set of complex business challenges. We understand! As a professional service focused organization ourselves, we know that finding the right ERP and customer relationship management (CRM) software is critical to your organization's success. Service oriented organizations who opt for a general accounting package often are disappointed to find the solution doesn't fully meet their needs. Microsoft Dynamics GP on premise, or in the cloud, can help you meet your specific professional services accounting needs. At Summit Group Software, we provide financial (Microsoft Dynamics GP) and customer relationship management solutions (Microsoft Dynamics CRM) to help professional service organizations increase efficiency and manage all aspects of the business—from client relationships and projects to business process outsourcing and financials. Examples include organizations with core competencies in educational services, field services, financial services, health services, professional services, and social services. Whether you are for profit, or not-for-profit, we can help you reach your goals.

Designed for Professional Services

Service oriented organizations operate in many different industries and cover many different functions. Architects, engineers, lawyers, and consultants all provide very different services for their clients, but the accounting practices for managing their "professional service" work can be strikingly similar. There's typically a strong consultative aspect to the work, and the service rendered typically involves the application of professional expertise. Consequently, professional services companies usually bill based on their time, though preset contract rates are not uncommon. Microsoft Dynamics GP and Microsoft Dynamics CRM can meet these needs.

Meet Core Accounting Needs

Microsoft Dynamics GP offers a full range of financial management tools. Accounting features include the ability to print checks, pay bills, track expenses, manage payroll, create orders and invoices, manage receivables, establish budgets, perform bank reconciliations, and create managerial reports in addition to top level financial reports.

Software for Services Work

The reality is that there are many nuances to adequately managing financial information for a business that sells services instead of products. Service companies have unique requirements: billing is often based off of time, off-site work is frequently performed, the type of financial reports required can vary, and a client-centric approach to managing and presenting data is imperative. Providing the ability to effectively manage the many components of services projects such as project profitability, maximization of resource utilization, and time and expense recording are only some of the many features Microsoft Dynamics GP provides. Microsoft Dynamics GP and Microsoft Dynamics CRM fully integrate with each other as well as many other applications your organization may use. This provides for full project management from the quote or project estimate through to the project acceptance and collection.

Accounting for Time and Billing

Professional service firms such as architecture and design groups, law offices, consulting practices, engineering providers, and recruiters will find a variety of modules designed to help them manage their service work more easily. Time and billing and project management are two examples of modules that professional services companies often require. For more commercially-oriented providers of services, there may be a need for software tools such as a work order management module or job costing.

Track time and expenses for billing purposes through Microsoft Dynamics CRM and Microsoft Dynamics GP. With flexible access options such as through your mobile device and the Microsoft CRM Outlook client, Microsoft Dynamics CRM and Microsoft Dynamics GP provide many options for time and expense tracking. A time and billing module will support time-tracking where entries can be assigned to specific clients or projects, as well as marked billable or non-billable. Summary views in time and billing help service organizations analyze the work they've performed on particular projects. Expense tracking capabilities provide a method for charging incidental expenses back to the client.