If, in your professional services practice,
you have difficulty in
regularly reviewing the previous month’s work in
progress by the 2nd of every month, and issuing invoices before
the 15th,
presenting financial statements to your management and
your banker within days of receiving your bank statement,
apportioning costs and profits among your partners,
principals or employees so as to reward them fairly, based on contribution
rather than gut-feel and wishful thinking, or
producing useful management reports on activity and
productivity as well as all the standard financial statements expected by
your accountant...
if the administrative hassles of getting time and
materials recorded and invoicing review worksheets produced is taking up too
much valuable time and costing you money because of a long cycle time, or if
you never really know, on a timely basis, how your business is functioning,
then you might want to consider the benefits of implementing Professional Services Accounting, the only fully
integrated system designed for businesses like yours.
PSA is a full-featured and fully-integrated accounting
system for organizations that live by selling time and materials; from
web-enabled time-keeping through full project tracking and accounting to
complete financial reporting, PSA does it all.
If your academic institution would
benefit from...
a single, reliable and consistent source for data about
your institution
a searchable database of the activities and
achievements of your faculty members
comprehensive reporting for Merit and Promotion
assessment
Then it's time to apply the power and convenience offered
by the Academic
Record™
This web-based system tracks academic activities at
universities and colleges in an integrated manner, providing more reports
containing more data, more easily than ever before. Includes individual and
departmental Annual Reports, consolidated Bibliographies and comparative
statistics on any measure.
If your knowledge-based organization
depends on its intellectual capital to survive and thrive, knowing who knows
what can be a critically important factor for networking, communities of
practice, corporate yellow pages and more.
SUM
Knowledge Portfolio® captures key
knowledge indicators at the individual level in a format that is useful to
both the individual and the organization. By gathering meta-knowledge
(knowledge about knowledge) on the tacit knowledge contained in the minds of
an organization's professionals,
SUM Knowledge
Portfolio®
empowers professionals to capture and manage information about their career,
achievements, qualifications and recognitions - all in a form usable at
every level in their organization to identify resources, assess strengths
and promote the organization.
Facility Audit Information Manager (FAIM) is
designed to manage, budget and plan for the natural aging of buildings.
However well you maintain the components of your physical assets, they do
have a lifetime and will need to be replaced. FAIM assists in planning for
orderly replacement so that costs can be accurately anticipated and
scheduled, avoiding wild swings in annual capital budgets. With its graphs
and table reports it includes all the tools needed to manage the renewal of
buildings and all their components: floors, walls, roofs, windows, HVAC,
parking lots--everything.
FAIM helps you plan for
those large expenditures by tracking the condition of thousands of items and
projecting their replacement times and costs over the next 60 years.
If the members of your Academic
Institution are involved in sponsored research then you are responsible
for:
Good Governance: There’s
no question about it. When a faculty member signs a contract, the
institution is put at risk. Ensuring that every Sponsored Activity
contract is reviewed and signed by the institution is the best method for
protecting your stakeholders’ interests.
Facilitating Success:
Developing Research Proposals is an art, and few faculty members are
successful the first time out. Participation by the institution can ensure
that proposals are appropriate and polished, with all deadlines and
demands adhered to. Proper procedures for submission and approval ensure
that the process contributes to success, rather than being a discouraging
obstacle.
Reaping the Benefits:
Where there is success, there is the potential to promote your
institution, to make it more attractive to new faculty members and
students, to funding sources, including the government, and to the
community in which you operate.