In order to track and manage the project delivery, it is common for the project managers to rely on the software tools. Mostly, the first step post the finalization of the project charter is building your Work Breakdown Structure (WBS). So, the prominent tool for this task is certainly Microsoft Project, which enables the clients to create their WBS into a project plan where they are able to assign the dependencies, durations, resources, & dates. With a robust tool like Dynamics 365 Project Service Automation, it is possible to offer end-to-end solutions.
So, in this article, let’s find how PSA can do wonders for your business by driving efficiency, performance and profits. Let’s begin:
Offers Flexibility & Scalability to your business: Dynamics 365 for Project Service Automation is a great platform that is helpful in managing your project-based business with automated resource scheduling & forecasting capabilities. To start with, have Dynamics 365 PSA, and then gradually, as per your business requirements, keep on adding modules, such as Dynamics 365 for Sales, Dynamics 365 for Finance & Operations, Dynamics 365 for Field Service, and Dynamics 365 for Customer Service.
Boost Profits: Dynamics 365 PSA is a great platform that allows you to have a platform to sell, execute and bill projects. It ascertains that the sales estimates & quotes are made with the latest project costing info. Besides, it also optimizes resources assignment with Dynamics 365’s scheduling engine, thus matching the tasks & projects to the employees’ skills & availability. PSA offers the project templates and thus enables the enterprises to create bids quite easily and in a lot less time, thus it reduces the sales cost.
Lowers the Project Costs: With PSA, it gets possible to lower the project costs as it helps in running thee projects very efficiently. One can automatically generate the documents, such as Quotes, Invoices, and Statements of Work (SOWs). There is enhanced collaboration, better project management, & time tracking with the integrated Microsoft 365 & Microsoft Project capabilities. Also, it uses project templates in order to quick start new projects & generates the quotes for new deals.
Very Configurable: The best thing about D365 PSA is that it is fully configurable, and integrates with rest of Microsoft offerings. There is Encore to assist in designing the custom logic, entities, workflow, & other administrative options. The system ensures better forecasting abilities, bills customers and also offers better customer service leveraging the integrated D365 modules. Then there is enhanced productivity with the integrated Microsoft 365 features, such as Exchange Calendars, Microsoft Teams, and Microsoft Project.
Engages Professionals: The architecture of D365 PSA is such that it enables the consultants and the other billable employees to have a look at the forthcoming project-based work, and this allows them to potentially bid on the work. Not just these, but there are many more benefits of project service automation. Like, the system offers all the capabilities to ensure the process & controls of your organization’s PMO are standardized and the employees adhere to them. PSA also offers full reporting and management capabilities to the Delivery Management team, across the portfolio of projects. Then, the best thing about the tool is how it bridges the divide, which most times exist, between the sales team & delivery team.