QuickArrow Latest Winner of the SaaS Showplace Award Winner
SaaS-Based Professional Services Automation Solution Produces Improves Productivity and Produces Cost-Savings
Wellesley, MA - April 13, 2009 - THINKstrategies, Inc., the leading strategic consulting company focused on the business implications of the on-demand services market, announced today that QuickArrow has been named the latest winner of the Best of SaaS Showplace (BoSS) Awards program, which is aimed at promoting the measurable business benefits being delivered by today's Software-as-a-Service (SaaS) solutions.
The BoSS Awards program was announced in January 2009 as the latest initiative by THINKstrategies to bring attention to SaaS and cloud computing companies which are producing tangible business benefits for specific user organizations. These benefits include increased sales, lower costs, higher customer satisfaction, faster operations, and greater profitability.
QuickArrow's professional services automation (PSA) solution helps service organizations manage their people and projects, by providing a comprehensive solution that includes time, expense, and billing management, project management, resource management, and advanced real-time reporting capabilities. By replacing homegrown solutions and labor-intensive spreadsheets to automate workflows, QuickArrow provides businesses the ability to streamline operations and achieve better visibility to optimize their services delivery.
QuickArrow's solution helped KnowledgeCentrix generate a 20% increase in project profitability. It enabled Spanlink to reduce the end-of-month revenue recognition process from 2 weeks to 2 days, and permits Troux Technologies to shrink its end of quarter invoicing process from 2 weeks to 3 days. QuickArrow's solution also helped Genesys achieve 25-30% improvement in capturing time and expense (T&E) information worldwide, reducing remote data entry in some instances from several hours to a few minutes.
Paisley, a Thomson Reuters company and leading provider of comprehensive governance, risk and compliance solutions-relied on a home grown time-entry system that offered minimal reporting capability and required daily, manual upkeep. Their capacity planning was ineffective and changing project priorities led to long project implementation timelines. Paisley was using disparate systems for stored data making access difficult and leading to significant time and cost when producing forecast information. By migrating to QuickArrow's PSA solution, Paisley can now use a single executive dashboard rather than twenty different reports from multiple databases to monitor and track projects in real-time. This allows Paisley to deliver customers a 45-day implementation guarantee and cut its project duration by 50%.
"We are extremely proud to have been recognized as the leading SaaS solution for Professional Services and other project-based teams," said QuickArrow CEO, Kevin Bury. "Whether you manage five projects or 500, upgrading from spreadsheets to a fully automated solution like ours can completely transform your business, and this award further reinforces our dedication to helping businesses of every size better manage their people and projects."
"Managing dispersed field organizations in a cost-effective fashion is imperative in today's tough economy," stated Jeffrey M. Kaplan, the founder of the SaaS Showplace and Managing Director of THINKstrategies, the strategic consulting firm which conceived and administers the Showplace. "QuickArrow's PSA solution automates the critical management components of a highly dispersed field organization, improving their productivity and profitability."
The BoSS Award program is an ongoing initiative to identify and promote SaaS, and 'cloud computing', companies which are offering on-demand solutions which are generating measurable business benefits for their customers.
BoSS award winners are given special designation on the SaaS Showplace, with a summary of their award-winning solution(s) and customer success story. Award winners are also recognized in the SaaS Showplace newsletter, and are able to promote their award designation on their website and in pre-approved company material.
IT/business decision-makers a quick directory of the leading SaaS providers and a convenient source of valuable insight regarding SaaS trends.
SaaS providers a targeted tool to increase their visibility among enterprise decision-makers, and gain access to key enabling technology suppliers.
Enabling technology suppliers a specialized platform to increase industry awareness regarding their SaaS solutions.
The SaaS Showplace is now the largest and highest ranked, vendor-independent, online directory and resource center of industry best practices in the SaaS market. For more information, go to www.saas-showplace.com or www.thinksaas.com.
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About THINKstrategies, Inc.
THINKstrategies, Inc. is the only strategic consulting services company formed specifically to address the unprecedented business challenges facing IT managers, solutions providers and investors today as the technology industry shifts toward a services orientation.
THINKstrategies' mission is to help our clients re-THINK their corporate strategies, and refocus their limited resources to achieve their business objectives. THINKstrategies helps enterprise decision-makers with their sourcing strategies, IT solutions providers with their marketing strategies, and VCs with their investment strategies.