The Complete 2023 PPM Software Buyers Guide for PMO’s

You may think that the best PPM software is the one that fulfills all 150 of your requirements. It’s not true; we have seen companies create a long list of requirements and select the solution that best fit those requirements only to go on to waste hundreds of thousands of dollars and scrapping it later because users did not like the solution. Usability and adoption are king.

In this guide we will give you some straight talk to help you consider the important factors when selecting portfolio management software including:

  • Organizational maturity
  • Usability (versus complexity)
  • Cost to implement (value gap)
  • Capabilities (to avoid unnecessary complexity)
  • Organizational change
  • Portfolio management expertise
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Project Management Software versus Project Portfolio Management Software

In terms of software, project management software is really focused on managing individual projects and can help communicate information about a specific project. Project management software is commonly used by Project Managers and the project team members. Portfolio management software though is focused on the entire portfolio of projects to give senior leaders holistic visibility of those projects. Portfolio management software helps senior leaders to make better strategic decisions.

Now that we have established the difference between project and portfolio management, let’s start looking at the differences between project management software and portfolio management software. Keep in mind that there are in fact some overlaps between project and portfolio management software.

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How to Effectively Prioritize Projects

Portfolio management is about maximizing organizational value delivery through programs and projects. In order to maximize value delivery, the governance teams that approve work and prioritize projects need to share a common view of “value” in order to select the most valuable work and assign the right resources to that work.

Understanding the relative “value” of each program and project in the portfolio is at the heart of portfolio management and determines what work is selected, how it is prioritized, where resources are allocated, etc. In order to select a winning portfolio, every governance team needs to share a common understanding of value; without it, you’ll fail to realize the full potential of your portfolio.

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Best Practices for Resource Capacity Planning

Resource capacity planning is one of the most commonly cited functions of project portfolio management. Senior leadership rightly wants to understand whether they have adequate resources to take on more project work and whether their existing work will get done on time. Most companies recognize the scarcity of resources to do project work and thereby look for portfolio capacity views to answer these two important questions:

  • When can we take on new projects?
  • Can we get our existing work done?
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Implementing Qntrl for A Business

Qntrl is a workflow orchestration software with powerful features that helps you gain visibility and control over your business processes by automating them.

Qntrl helps you overcome these challenges by designing and automating your organization’s workflows. You can digitize your entire workflow and transfer tasks between teams efficiently.

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How Movyon Is Scaling Its Operations and Productivity with The Power of Qntrl

MOVYON is a leader in the development and integration of intelligent transport system solutions and a center of excellence for research and innovation at Autostrade per l’Italia.

MOVYON needed clear statuses for their various purchases and customer orders, and the logistics and procurement offices were constantly being interrupted with notifications asking for updates.

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Gain Visibility, Control, And Automation

Given today’s ultra-competitive market, distributed teams, and multiple tools, a solid workflow management strategy is required to ensure business continuity. An efficient process will help minimize errors, eliminate redundancies and drive productivity. Qntrl can help achieve this with speed, scale, and flexibility.

  • Easy enough to use
  • Powerful and Extensible
  • Faster Time-to-Value
  • Price is part of the equation
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Qntrl Bridge

Interacting with systems and applications inside an organisation’s physical or cloud firewall can be challenging. Qntrl Bridge offers a direct, secure solution. It’s a Java application that runs as a Windows service or UNIX daemon on a server in your local network. With Qntrl Bridge, you can communicate and move data faster, easier, and more securely between a Qntrl instance and external applications, data sources, and services.

Bridge runs on a server on the enterprise’s network or in the cloud like in an Amazon Web Services VPC. It can be configured with specific capabilities that determine what functions it can perform. There is no need for drivers or custom codes to install Bridge. One zip file is all there is.

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The Manager’s Guide to Workflow Orchestration

Apart from the obvious productivity boosts, managers who take responsibility for business processes also promote a sense of belonging, loyalty, and excitement, while making daily work less chaotic, and more fulfilling for all team members. Plus, managers with effective process management skills come across as better leaders - your team will tend to trust your daily decisions and high-level understanding of their daily work once you establish helpful workflows for their daily tasks.

The goal of this guide is to help you introduce workflow orchestration practices into your team, and equip you with the tools and expertise needed to comfortably implement great work processes.

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Why Sales & Use Tax Compliance Can’t Wait

Like the IRS, a number of state and local taxing authorities extended income tax filing deadlines for businesses adversely affected by the COVID-19 pandemic. However, state and local taxing jurisdictions have not necessarily extended deadlines for reporting and paying sales and use tax. Those taxing jurisdictions that have extended deadlines also stipulate a variety of conditions, not only for waiving penalties but also for qualifying for relief and requesting payment plans. In this report, we cover what CFOs need to know about COVID-19 filing deadlines and relief.

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Trust the Experts When it Comes to Tax Technology Integration

Many times, a company will use multiple platforms within their technology stack such as CRM, e-commerce, point-of-sale, and many others instead of operating with just one software. That is why it is important to ensure a tax technology solution can integrate and flow in-between multiple platforms seamlessly. This white paper will outline the importance of relying on a tax technology vendor who has a long track record of expertise, deep partnerships with application vendors, and integrations that are tested, certified and fully supported so that risks of implementation are minimal.

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Tax Automation 101: When and Why Should My Business Automate?

If your organization collects and remits sales and use tax, there is a strong possibility that you can benefit from implementing a tax automation solution. As tax regulations have become increasingly complex, the time and number of resources needed to navigate these complexities has increased which may also take away from other critical business initiatives. Read this e-book to learn how sales and use tax automation can help streamline business processes and mitigate the risks of errors that can catch the attention of auditors.

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Migrating your Indirect Tax Processes to the Cloud

Digital transformation initiatives are changing the way businesses operate to deliver value, enhance operational efficiency, and support innovation. When it comes to tax, many businesses are looking into cloud-based tax automation solutions that can mitigate the risks of inaccuracies and penalties. Whether you are considering migrating your existing tax system to the cloud or starting off with a cloud-based model, there are many benefits a cloud-based solution can bring to your business.

Read this e-book to learn more about the complex world of indirect tax, reasons for considering tax automation, determining a digital strategy for tax and why and how to migrate to the cloud.

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Digital Transformation Demands a New Approach to ERP

When selecting an enterprise resource planning (ERP) system, executives often overlook the power it holds today and the importance of tax compliance. Some organizations still believe that the operational systems that have supported their companies in the past, will help to do business in a new way as they grow. However, ERP can be a significant impediment to modernization if the processes encoded in the software are inflexible or bind the company to outmoded ways of doing business.

In this white paper, learn about factors which IT leaders should consider when planning for an ERP transformation along with business transformation, the significance of choosing a tax-aware ERP and how the right ERP solution can accelerate the pace and benefits of transformation.

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Report – Forrester Total Economic Impact of MuleSoft Anypoint Platform

Forrester Total Economic Impact (TEI) study found enterprise customers realize 445% ROI with MuleSoft’s Anypoint Platform over three years. Download this report for an analysis of the total value of integration for enterprise customers.

Key customer benefits:

  • $7.8M in benefits within three years.
  • 4X projects worked on over three years.
  • 90% developer time freed from maintaining APIs and integrations.
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