London-based strategy consultants Essentia, have signed up to CMAP, a dedicated PSA Software solution for consultancies.
Essentia are a subsidiary business of Guy’s and St Thomas’ NHS Foundation Trust, whose profits are reinvested directly back into the Trust.
From a project accounting perspective, they use a multitude of fee approaches and billing methods; from simple flat invoicing spreads, through milestone-based invoicing and time-charge invoicing.
So CMAP was viewed as the system best equipped to handle their requirements & be flexible enough to coordinate a variety of costing approaches.
The fact CMAP also has an inbuilt CRM to track early stage unqualified opportunities, right through to hot fee paying engagements, was a huge plus.
It means Essentia can push everything through one system - opportunities instantly combine with live projects to give a comprehensive overview of where the business is at, as well as where it's heading.