Progressus Software

What Progressus Software does

Progressus Software sells Progressus Advanced Projects, a professional services automation (PSA) and project accounting solution built as a native extension of Microsoft Dynamics 365 Business Central. The product targets project-based organizations including consulting firms, architects and engineering firms, software publishers, and technology service providers, addressing their need for project budgeting, resource allocation, billing, revenue recognition, and profitability tracking. The company is wholly owned by Velosio, a Microsoft-focused technology solutions provider headquartered in Atlanta, Georgia at 300 Galleria Pkwy SE, with founding roots dated to 2001 in Findlay, Ohio.

The core platform comprises five integrated modules: Financial Clarity & Control (real-time visibility into budgets, billing, and cash flow), Operational Success (resource matching, utilization tracking, and billable hour capture), Project Intelligence (interactive dashboards for project health and risk), AI-Driven Projects (forecasting and automation powered by Microsoft Copilot and Velosio Insights), and Scalable Growth (multi-company, multi-currency, multi-geography operations). The solution is architected within the Microsoft ecosystem, integrating with Dynamics 365 CRM, Dynamics 365 Field Service, Power Platform, and Microsoft 365 collaboration tools. Velosio holds multiple Microsoft partner designations, including Solutions Partner status across Business Application, Modern Work, Data & AI, Digital & App Innovation, Security, and Infrastructure; plus Direct CSP Tier 1, Copilot Jumpstart Ready Partner, FastTrack Priority Partner for D365, and Indirect CSP Distributor.

Progressus operates an enterprise field sales motion with consultative engagement, offering guided product tours via Storylane and direct scheduling with project experts. The go-to-market is primarily North American and combines Velosio's direct enterprise sales force with Microsoft's Dynamics 365 partner channel. Revenue is generated through software subscription and licensing fees structured as a per-user or tiered model typical of Microsoft Dynamics ISV solutions, though specific pricing is not publicly disclosed. The product serves an enterprise customer base spanning consulting, medical devices, retail, construction, agriculture, financial services, distribution, and port operations.

Name

Progressus Software

Website

https://progressussoftware.com

Company type

Private

Founded year

2001

Operating status

Operating

Short description

Progressus Software provides Progressus Advanced Projects, a Microsoft Dynamics 365 Business Central extension offering project accounting, resource management, and AI-driven insights for project-based organizations such as consulting firms, A&E firms, software publishers, and technology service providers. Owned by Velosio.

Ownership category

akta.pro rank

Product category

Professional Services Automation / Project Accounting Software

NAICS

Software Publishers (513210), Software Publishers (5132), Software Publishers (51321)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)

akta.pro secondary industries

Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO), IT Program/Project Management (PMO) & Delivery Assurance (BPAEAAAO)

Keywords

• Project accounting software
• Professional services automation
• ERP add-on solutions
• Microsoft Dynamics extensions
• Resource management software

Headquarters

HQ city

Findlay

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Software Subscription: Progressus Advanced Projects is sold as an add-on module to Microsoft Dynamics 365 Business Central. Revenue is generated through software licensing and subscription fees, likely structured as a per-user or tiered subscription model typical of Microsoft Dynamics ecosystem ISV solutions.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Progressus Software sells Progressus Advanced Projects, a cloud-based Professional Services Automation and project accounting solution built as an add-on to Microsoft Dynamics 365 Business Central. The product enables project-based organizations to manage project financials, resource allocation, billing, utilization, and profitability through integrated modules for Financial Clarity, Operational Success, Project Intelligence, AI-Driven Projects, and Scalable Growth. It is marketed and distributed by Velosio through direct enterprise sales and the Microsoft partner channel.

Product overview

Progressus Software offers Progressus Advanced Projects, a unified project accounting and management solution built as an extension on Microsoft Dynamics 365 Business Central. The product portfolio consists of a core platform (Progressus Advanced Projects) with five integrated capability modules: Financial Clarity & Control (real-time budget/billing visibility), Operational Success (resource utilization and billable hour capture), Project Intelligence (dashboards and AI insights), AI-Driven Projects (Microsoft Copilot and Velosio Insights integration for forecasting and automation), and Scalable Growth (multi-entity and multi-currency support). Together, these modules connect project financials with operations to deliver predictable, profitable results for project-based organizations.

Differentiator

Problem solved

Functional benefit

Products and services

• Progressus Advanced Projects An advanced project accounting and management solution built on Microsoft Dynamics 365 Business Central, designed for project-based organizations to achieve financial clarity, operational success, and scalable growth. Sold as an ISV add-on to Business Central and integrated with Microsoft Copilot and Velosio Insights.

Quantifiable outcome

• Stronger margins, fewer surprises, and healthier cash flow across every project and every entity
• +4 more outcomes

Named customers20 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability3 records

Feature5 records

Partnerships

One partnership is on record.

• MicrosoftcoreTechnology or IntegrationProgressus is built on Microsoft Dynamics 365 Business Central and integrates with Microsoft Copilot, Power Platform, and the broader Microsoft 365 ecosystem. Velosio holds multiple Microsoft partner designations including Solutions Partner, Direct CSP Tier 1, Copilot Jumpstart Ready Partner, FastTrack Priority Partner for D365, and Indirect CSP Distributor.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Microsoft Dynamics 365 Project Operations: Microsoft's first-party PSA solution built natively on the Dynamics 365 stack; directly competes with Progressus in project accounting, resource management, and project intelligence for Dynamics customers — the closest comparable product.
• Certinia (formerly FinancialForce): PSA and ERP solution for professional services organizations running on the Salesforce platform; competes with Progressus for project-based firms seeking integrated PSA + financials with similar recurring subscription economics.
• Planview (including Mavenlink): Enterprise PSA and project portfolio management suite (incorporates Mavenlink) targeting services organizations; competes head-on with Progressus in project accounting, resource utilization, and project intelligence for professional services firms.
• NetSuite OpenAir: Native PSA module of Oracle NetSuite's ERP suite; similar product category (PSA tightly integrated with cloud ERP) competing for the same project-based organization buyers that Progressus targets.
• Deltek: Long-standing PSA and ERP vendor purpose-built for project-based professional services, government contractors, and A&E firms; competes with Progressus in consulting and engineering verticals with deeper industry-specific functionality.
• Kimble Applications: Specialist PSA solution built on the Salesforce/Salesforce Industries platform, competing for professional services firms seeking subscription-based resource management and project accounting.
• Acumatica Project Accounting: Cloud ERP with native project accounting module; competes with Progressus for mid-market project-based organizations that want PSA inside their core ERP — closely comparable in architecture and target buyer.

Broad incumbents

• Sage Intacct: Cloud financial management platform frequently paired with PSA solutions for services firms; competes indirectly with Progressus for the project accounting and revenue recognition workloads of professional services organizations.
• Microsoft Dynamics 365 Business Central: The host ERP platform that Progressus extends; serves overlapping customers but is a broad ERP rather than a PSA, making Progressus a complementary ISV rather than a substitutable solution.

Others

• Velosio (Microsoft partner): Parent of Progressus and a Microsoft Solutions Partner delivering ERP/CRM implementation services; provides implementation and managed services context relevant to Progressus's distribution model rather than a competing product.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/progressussoft

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Progressus Software