PSA (Professional Services Administration)
Professional services administration (PSA) is the integration of planning, project management, resource management, and project accounting. It supports day-to-day tasks in a service organization such as billing, reporting, time recording, resource allocation, and the utilization of labor and resources.
What Small and Midsize Businesses Need to Know About PSA (Professional Services Administration)
SMBs in the services industry can use professional services administration to manage projects, improve billing workflows, and optimize labor and resources. By integrating processes, SMBs can improve overall performance and optimize operational tasks.
Related terms
- PDM (Product Data Management)
- Project Management
- Gain Sharing
- Small and Midsize Business (SMB)
- Business Process Automation (BPA)
- Human Capital Management (HCM)
- Best Practice
- Business Process Management (BPM)
- Business Impact Analysis (BIA)
- Track And Trace
- Digital Business Transformation
- Bimodal
- Span of Control
- Solution
- Business Process Re-engineering (BPR)
- Enterprise Solutions
- Growth Strategy
- Project Management Office (PMO)
- Business Process Outsourcing (BPO)
- Line Of Business
