Today’s professional services companies, such as advertising agencies, consulting firms, engineering firms and law firms, face unique challenges in terms of managing human resources and working time. For such companies, it is crucial to plan, monitor and account for projects that often involve highly qualified specialists. Traditional ERP systems often do not meet these requirements, which is why dedicated solutions such as Maconomy offered by Deltek are gaining increasing popularity.
Challenges for Professional Services Companies
Professional services companies differ from manufacturing or trading companies mainly in terms of cost structure and business processes. The main asset of these companies is their highly qualified staff, whose working time is a key component of project costs. Managing them requires accurate time tracking, effective resource planning, and control of project budgets. Typical ERP systems are often unable to effectively handle these specific needs.
Why are traditional ERP not enough?
Classic ERP systems are designed primarily for manufacturing and trading companies, where optimization of production or distribution is a priority. For professional services companies, where each project is unique and requires the involvement of specialists from different fields, standard ERP features are often not sufficient. The lack of support for human resources management, comprehensive tracking of working time and analysis of the profitability of individual projects becomes a serious constraint.
Solution: Maconomy – dedicated ERP system for design companies
Maconomy, developed by Deltek, is the ideal solution for professional services companies. Maconomy was originally created for advertising agencies, but has successfully expanded its functionality to the consulting, legal and accounting sectors. Deltek systems are now used in more than 80 countries, thanks to their long-standing presence and customer trust.
Benefits of Maconomy for Professional Services Companies
Maconomy offers advanced features to support human capital management, such as electronic time tracking, resource planning, and project profitability monitoring. Thanks to this, project managers can accurately track the costs associated with the work time of specialists and effectively manage budgets and schedules. In addition, Maconomy enables electronic document management, CRM and workflow automation, which significantly increases the operational efficiency of companies.
Flexibility and customization
One of the key advantages of Maconoma is its flexibility and scalability. The system can be adapted to the needs of both small PR agencies and large international consulting companies. Despite its advanced features, Maconomy offers lower implementation and maintenance costs compared to other large ERP systems on the market, making it an attractive choice for a wide range of professional services companies.
Summary
In conclusion, ERP systems such as Maconomy offer end-to-end solutions for professional services companies, supporting HR management, time monitoring, and effective project and budget management. With its specialized functionality and adaptability to the individual needs of companies, Maconomy becomes an indispensable tool in increasing the operational efficiency and profitability of design companies around the world.
