End-to-end solutions for engineering services firms
Engineering services firms require powerful business solutions that combine ERP, CRM, project management, and business intelligence functionality all in one centralized system to optimize operations and deliver projects on time and within budget. A solution built by NetSuite or Microsoft and delivered by Rand Group with customizations for your business can transform your day-to-day operations, help you overcome industry challenges, and unlock deeper insights into your business.
Manage your entire ngineering business on a single, powerful solution
Engineering services firms must be able to adapt to increasingly complex client projects while they balance changing economic conditions and their dependence on highly skilled personnel. In order to successfully compete in today’s highly competitive industry, engineering services firm must be able to control project costs, meet tight deadlines, and maintain a real-time view of finances, clients, projects, and resources. To overcome industry challenges, engineering firms require powerful business technology that provides real-time access and visibility into operations and includes capabilities that help increase billable hours, project profitability and client satisfaction.
Rand Group is your long-term partner to help you implement powerful solutions that streamline project delivery and reduce administrative efforts in bid creation, resource management, project planning, and billing. Rand Group offers ERP, CRM, and project service automation solutions to support all of your operational needs so you can maximize productivity, boost collaboration, improve efficiency, increase profitability, and drive business success.
Increase organizational agility
Real-time business analytics and flexible business processes enable engineering firms to monitor and respond to change with speed and ease. Empower your business to adapt quickly to shifting resources and changes in scope so you can maintain project profitability.
Unlock real-time visibility and transparency
Seamlessly extract vital information to gain real-time insight into business health with up-to-date KPIs and customer data in project dashboards, reports, and Gantt charts. Access to accurate and real-time data supports timely, data-driven decisions across your organization.
Manage complex compliance requirements
Quickly adapt to changing financial requirements with a flexible, rules-based chart of accounts that allows you to easily manage your financial operations. Meet local and global business requirements in a wide range of countries and languages.
White Paper
How to measure your services business with metrics that matter
There are easily over fifty meaningful metrics a management team could use to assess their professional services business. The issue is determining what specific metrics provide the greatest insight. Download this whitepaper for a practical framework that managers can use when selecting the appropriate metrics for their organization.
White Paper
How to measure your services business with metrics that matter
There are easily over fifty meaningful metrics a management team could use to assess their professional services business. The issue is determining what specific metrics provide the greatest insight. Download this whitepaper for a practical framework that managers can use when selecting the appropriate metrics for their organization.
Simplify project financials
With industry-leading, core financials, your finance team will have less manual paperwork so they can focus more on strategizing. A powerful ERP not only improves cash flow by enabling quick invoicing with interactive billing tools, but also enables you to accurately project your cash flow using powerful insights and customizable forecasting tools. Additionally, you can simplify complicated revenue tracking by automating calculations and allocations to support multiple revenue scenarios on a project-by-project basis.
With an engineering tailored solution, you can:
- Manage project accounting with higher accuracy
- Reliably predict customer payments
- Adapt quickly with intelligent budget proposals
- Make more profitable business decisions
Optimize resource management
Seamlessly view resource availability across the board so you can optimize resource utilization. With resource management capabilities you can identify the right resources for your engineering projects based on skills and availability, build profitable project plans with actual resources, optimize resource utilization, and unlock insights into future capacity needs. By managing resources effectively, you can optimize your profit margins, retain top talent, and increase client satisfaction.
With resource management capabilities you can:
- Anticipate resourcing needs with intelligent scheduling
- Distribute workloads evenly across resources
- Leverage easy-to-read dashboards for visibility in resource availability
- Boost billability and utilization reporting
Streamline project management
Projects that are over budget and behind schedule are costly to any engineering services firm. With the right tools and resources to proactively manage projects every step of the way, you can ensure you deliver projects on time and on budget. Enable teams to collaborate and keep managers current on the status of projects using real-time data to proactively identify and head off potential issues. Built-in insights ensure you understand how your projects are trending so you can make timely decisions for course correction.
Project management features include:
- Work breakdown structures
- Task management
- Interactive Gantt charts
- Risk and issue management
- Budget management and costing
Rand Group’s industry-tailored solutions for engineering firms
Rand Group offers a variety of engineering services-tailored solutions to transform the way you run your business. Our team will help you evaluate and select the best solution for your engineering services firm, then implement and customize it based on your specific processes.
NetSuite for Professional Services
Transform your engineering business with NetSuite’s SuiteSuccess Services, a cloud-based professional services automation solution featuring powerful capabilities in project management, resource management, project accounting, billing, and invoicing.
Dynamics 365 Project Operations
Microsoft Dynamics 365 Project Operations is an enhanced project management solution for project-centric, engineering businesses. This powerful tool connects the entire project cycle from sales to financials to optimize resources and drive project success.
Dynamics 365 Business Central
Microsoft Dynamics 365 Business Central is a comprehensive business management solution on the cloud for small and midsize organizations that helps automate and streamline engineering business processes.
Related Insights
Top 5 2023 professional services industry trends and the role of modern Cloud ERP
As the professional services industry evolves, businesses constantly seek innovative ways to remain competitive and meet their client’s changing needs. In 2023, several transformative trends are emerging, reshaping the landscape and driving industry growth. In this blog, we’ll explore the top 5 professional services industry trends of 2023 and delve into the role of modern Cloud ERP in driving businesses forward.
5 key challenges faced by professional services organizations
Discover key challenges that professional services organizations must overcome in order to successfully deliver projects on time and on budget. This blog will highlight how an ERP, CRM, or PSA solution from Rand Group can help your services-based organization to standardize operations, encourage collaboration, optimize resource utilization, and boost project visibility.
Overcome financial management challenges and improve your cash flow
Overcome financial management challenges and improve cash flow with Dynamics 365 built by Microsoft and customized by Rand Group to meet the unique needs of your professional services firm. From flexible billing configurations and simplified invoicing to greater visibility into financial performance, you can unlock your organization’s full potential and maximize profitability.
Let’s talk about how we can transform your business
