MSPCFO, a new global vendor, was made available through the Pax8 Marketplace, according to Pax8, the top cloud commerce marketplace. For Managed Service Providers (MSPs), MSPCFO has created a specialised business intelligence platform that enables executives to quickly assess the effect of important variables including fixed fee agreements, engineer efficiency, clients, and ticketing’s impact on profitability. Additionally, MSPs can now precisely target the right business elements for optimising revenue and EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) while saving time that was previously spent monitoring data manually.
“We are thrilled to welcome MSPCFO as a new operations vendor to our cloud marketplace”, “MSPCFO’s specialized business intelligence platform is a valuable addition to our marketplace, providing our MSPs with an innovative solution for optimizing their profitability and efficiency. With MSPCFO’s unique expertise in MSP profitability and efficiency, we are confident that our partnership will deliver exceptional value and drive growth for our partners.”
Ryan Burton, VP of Vendor Strategy, Pax8
The mission of MSPCFO, which was established by CEO Larry Cobrin in 2014, is to increase MSP profitability and effectiveness. The company does this by giving customers a clear and actionable perspective of their technological efficiency, agreement price, and other aspects of their business operations. With ConnectWise and Autotask, two of the most popular Professional Services Automation (PSA) solutions, directly integrated into MSPCFO’s exclusive software-as-a-service platform, MSPs can streamline their operations and improve their success.
“We’re excited to be a leading vendor bringing business intelligence and financial reporting to MSPs/TSPs through the Pax8 Marketplace”, “Our solution empowers partners to not only know their numbers but also to highlight where meaningful, actionable opportunities exist to improve their bottom line. We are thrilled to bring this level of insight to the broader Pax8 community.”
Larry Cobrin, Founder and CEO, MSPCFO
MSPCFO delves deeply into the effects of fixed fee agreements, engineer time, clients, and ticketing on profitability with the right reports populating executive level dashboards.
The following are some features of MSPCFO’s business intelligence platform:
- CEO and Managerial indicators like pricing and service levels, ticket volume, engineer productivity, and underperforming agreements are included in executive dashboard-level reports.
- Financial reports that go beyond standard P&L statements that provide information on engineer efficiency, service agreement alignment with goal hourly rate, and which clients are and are not profitable based on service requirements.
- Sales reports that go beyond conventional data to find upsell chances, clients who aren’t lucrative, and flight risks.
- Ticketing reports that show how to concentrate tickets by client to diagnose underperformance effectively and take proactive steps to stop profit drags.
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