Professional Service Automation (PSA) is software designed to assist professionals such as lawyers, auditors, and IT consultants in project management and resource management of your projects. Key PSA capabilities include project management and documentation, time recording, billing, reporting, and workforce utilization. The PSA software suite allows users to better understand their work and adjust their industry-appropriate measurements to improve productivity and benefits.
Low cost and improved resource productivity are key drivers for the growth of the global professional services automation software market. In addition, the increased use of smartphones and tablets is expected to drive growth in the global professional services automation software market during the forecast period.
However, lack of knowledgeable and experienced resources is a major factor impeding the growth of the global professional services automation software market. In addition, mergers and acquisitions and increasingly sophisticated customer segmentation are some of the factors that are expected to limit the growth of the global professional services automation software market during the forecast period.
Global professional services automation software market is classified by application, distribution method and region.
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In partnerhsip with Mimecast