Deltek Maconomy
An ERP software for professional service companies featuring centralized billing and time and expense entry.
Product Overview
Deltek Maconomy is an ERP software for professional services companies. It supports project management, including visibility into clients and people and project accounting features. Deltek Maconomy also handles financial management, like order to cash, project budgeting, purchase orders, and subcontractor management. Additionally, the platform delivers expense management, employee information, and asset management, including depreciation calculations.Pros
- Provides project accounting and management tools
- Handles hourly, fixed fee, or progress billing
- Offers multi-company, multi-currency, and multi-language support
Cons
- Navigation challenging due to deep feature set
- Extensive training required
- WSC-based system lags behind web-only products
Target Market
Medium to large professional services firms with 50 to 1,000 employees in accounting, architecture, engineering, marketing, and IT consulting.Deltek Maconomy is an ERP software solution designed primarily for professional service companies of various sizes. It’s an integrated system that connects processes and people within these organizations, aiming to streamline back-office operations, enhance project profitability, and support growth in revenue and staff utilization.
This ERP is particularly tailored for the professional services industry, including accounting, banking, tax, audit, marketing agencies, IT consulting, and academic and clinical research organizations.
Deltek Maconomy Key Features
- Financial Management: The software offers accounting tools, including general ledger, accounts receivable and payable, and financial budgeting.
- Resource Planning: Maconomy aids in effective resource planning, balancing project needs with available capacity and skills.
- Business Intelligence: Deltek Maconomy Analytix aids in strategic decision-making with features like live reporting, ad hoc querying, and extensive data analysis capabilities.
- Customer Relationship Management (CRM) Integration: It streamlines marketing, sales, and CRM processes, making it easier to manage client interactions effectively.
- Multilingual Support: To cater to global organizations, Maconomy offers multilingual access, allowing users from different countries to interact with the software in their native language.
- Integration Capabilities: The software can be integrated with various platforms, including Microsoft Office, portals, and mobile devices, enhancing accessibility and usability.
- Human Resources Management: The HR module provides tools for maximizing employee contributions to business success, including self-service features, skills management, and resource utilization reports.
- Project Management Solutions: Maconomy’s project management functionalities focus on improving project profitability and control, supporting various roles within an organization in the management and execution of projects.
- Time and Expense Registration: This feature facilitates accurate and timely time and expense data collection, which is crucial for optimizing project management and profitability.
Product Overview
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