PROMYS (version 4.9): PPM for PSA Certification Report

PROMYS (version 4.9) is now TEC Certified for online evaluation of project portfolio management (PPM) for professional services automation (PSA) solutions in TEC's Evaluation Centers. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

About This Report

PROMYS certified by: Philippe Reney, Research Analyst, Technology Evaluation Centers
Demonstration conducted by: Jim Barnet, Director Business Development, PROMYS Inc.
 
Technology Evaluation Centers (TEC) is pleased to announce that PROMYS v.4.9 is now TEC Certified for online evaluation of project portfolio management for professional services automation (PPM for PSA) solutions in TEC's Project and Process Management Evaluation Center. The Project and Process Management Evaluation Center enables you to compare and evaluate functionality based on TEC’s comprehensive model of PPM for PSA software. Data used in the Evaluation Center are obtained from the vendor’s responses to TEC’s request for information (RFI). Certification ensures that PROMYS has demonstrated PROMYS v.4.9's support for specific real-world business processes chosen by TEC analysts; and that TEC analysts have analytically and comparatively reviewed PROMYS RFI data against known benchmarks.
 
Download the full report for an in-depth look at PROMYS v.4.9 with detailed functionality descriptions and comparison graphs. 
 


Report Contents

Background and Analyst View

PROMYS Inc. is a privately held professional services automation (PSA) vendor for the IT industry. Its flagship product bears the company's name as a reflection of its focus toward its customer base. The solution was originally developed in 1998 by a Cisco Master partner that saw an opportunity to furnish IT solution providers with a solution that would help them integrate their business processes, in the context of project-based equipment delivery and post-sales activities such as maintenance or warranty management. Read more
 

Benchmark Results for PROMYS v.4.9

The benchmark graphs represent the quantity of support by PROMYS v.4.9 for the functionality within each module identified in the TEC Focus Indicator, on a scale of 0 to 100 points.
 
The TEC Focus Indicator™ shows you which types of functionality are likely differentiators for the PROMYS v.4.9 solution in the small business software space. Get the results
 
 

Product Review: PROMYS v.4.9



Ease of use
Workflow Design
Ease of Implementation
Innovation
 
Get the full review
 

TEC Analyst Observations on PROMYS v.4.9

PROMYS v. 4.9 is certainly a PPM for PSA solution that is designed to serve growing IT solution providers. At its heart, the solution focuses on managing areas of concern for such organizations (e.g., profitability, which can be difficult to handle without the proper tools). The solution also provides the core aspects of project management; the ability for users to add searchable fields within PROMYS plays a significant role in adding flexibility for its customers.
 
Considering the volatile nature of IT pipelines, it is actually a sound business model to offer this solution from a SaaS perspective that can be tailored to the fluctuations of workforce requirements for IT solution providers. Read more
 

Detailed Functionality Graphs for PROMYS v.4.9

The benchmark graphs represent the quantity of support by PROMYS v.4.9 for the functionality within each module identified in the TEC Focus Indicator, on a scale of 0 to 100 points.
 
  • Portfolio and Project Management
  • Resource Planning and Scheduling
  • Opportunity, Contract, and Contract Management
  • Time and Expense Management
  • Financial Management, Budgeting, Costing, and Billing
  • Knowledge Management, Collaboration, and Analysis
  • Third-Party Integration
  • Back-Office Functionality
 
Download the full report for an in-depth look at PROMYS v.4.9 with detailed functionality descriptions and comparison graphs. 

Featured Software Research:

Services Resource Planning: How Integrated PSA, CRM, and Financials Can Transform Your Services Business

Enterprise resource planning (ERP), customer relationship management (CRM), and professional services automation (PSA) are all part of a standard software system for many companies today. But for project- and service-driven companies, an emerging type of software is making things easier to combine the most important elements of these solutions to support the whole bidding-to-billing lifecycle. Services resource planning (SRP) provides the basis of a system covering everything from initiation and... Read More

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