Also launched in time for Dreamforce 2012, the sibling of FinancialForce Accounting, PSA Summer ’12, continues FinancialForce.com’s mission to help professional services companies gain visibility into their operations to increase revenue and profits, building on the professional services automation product FinancialForce.com acquired from Appirio in 2010. PSA Summer ’12, provides visibility into the factors affecting utilization performance, allowing users to compare target, scheduled, and actual utilization back through time, including the ability to analyze the root causes impacting performance.
PSA Summer ’12 also includes new functionality to let service teams be more productive, including timecard entry improvements, context sensitive help, and revenue recognition automation enhancements. Like its accounting sibling, PSA Summer ’12 also includes access to FinancialForce Community, an online portal and social platform for FinancialForce.com’s growing user and partner community. Tenrox, Deltek Maconomy, Oracle, Microsoft Dynamics, and other strong PSA players should watch out for FinancialForce.com PSA.
TEC article (May 2012): Assessing FinancialForce.com’s Early Years
TEC recently completed certification of Tenrox’s project management software Project Workforce Management. Download the report now for a detailed analysis of the software’s strengths and weaknesses. Read the rest of this entry »
Part 1 of this blog series started with me lamenting my inability to attend the Deltek Insight 2010 conference. However, I recently had an in-depth post-event recap instead with Deltek’s in-the-know staff members.
What then followed in Part 1 were descriptions of the major developments that transpired at Deltek Insight 2010 in terms of already released products and those that were only sneak previewed (but will be released down the track). Part 2 will analyze the corporate announcements and some new (perhaps refreshing) directions, as well as provide a glimpse of what we might expect at Deltek Insight 2011.
The month of May is usually the high season of software vendors’ conferences, but mid-May 2010 was a bit extreme: I was invited to four major user conferences that took place on or about the same dates all over the United States (US). Given that cloning and teleporting technologies are decades away from us, I had to minimize the “damage” by at least picking two events that were relatively physically close to each other.
One event that I had to regretfully decline due to the scheduling conflict was Deltek Insight 2010. I certainly kept my eye on the event via the Twitter chatter and blogosphere (e.g., see a conference report from SPI Research’s principal Dave Hofferberth). More recently, I had an in-depth post-event recap briefing with Deltek’s in-the-know staff members and what follows now are the major developments that transpired at Deltek Insight 2010 (I attempted to put them in logical groups of announcements).
Both the “old” Deltek (pre-2005) and “new” Deltek (from 2005 on) have not been strangers to acquisitions, but these were largely well thought-out and appetizing (“nip in”) purchases of smaller companies that had either an attractive piece of technology or install base (or both). However, in early June 2010, immediately after its Insight 2010 user conference, Deltek announced its intent to acquire Maconomy A/S, a Denmark-based provider of solutions to the professional services market. On July 6, Deltek announced the completion of its tender offer to acquire the European enterprise resourceplanning (ERP) provider.
One renowned vendor seems to have contributed to the 2007 holiday shopping season. That would be Irvine, California, the United States (US)-based Epicor Software Corporation (Nasdaq: EPIC). With over 2,500 employees worldwide and with projected 2007 revenues of $414.5 million (not including the pending acquisition), Epicor is the global leader in the mid-market, serving over 20,000 customers worldwide.
With more than 20 years of operating history (since 1984, including a number of acquisitions and name changes), Epicor today delivers comprehensive enterprise software solutions with a sophistication and maturity that competes with Tier One vendors, but typically at a fraction of the cost associated with these bigger brethren solutions. Namely, these large enterprise systems, though highly functional, have traditionally also been quite complex and expensive to purchase, install, integrate, and maintain. Read the rest of this entry »