SilverSoft

Silversoft is an enterprise software consultancy specializing in the implementation and support of ERP solutions for project-based and professional services firms. For accounting and legal practices, the primary platform is Deltek Maconomy, a purpose-built ERP that integrates financial management, project and matter tracking, resource planning, and client billing into a unified system.

Key Features and Functions include:

Time and Billing Management
Maconomy supports time capture and automated invoice generation tied directly to matter or engagement data. The system accommodates multiple billing arrangements and streamlined approval workflows.

Financial Management and Project Accounting
Integrated financial ledgers enable real-time tracking of budgets, costs, and profitability at the matter, client, and entity level. The platform supports multi-currency and multi-entity structures with built-in audit trails.

Revenue Recognition
A Job Revenue Recognition Workspace allows firms to recognize revenue by job, phase, or percentage of completion, aligned with applicable accounting standards.

Resource Planning and Capacity Management
Real-time capacity planning tools allow firms to match available staff to demand. An optional People Planner add-on supports drag-and-drop scheduling and skills-based assignment.

Engagement Lifecycle Management
The platform supports planning, tracking, and managing the full engagement lifecycle from client acquisition through project close, with integrated workflow automation and stakeholder collaboration tools.

Reporting and Analytics
Configurable dashboards provide visibility into financial performance, resource utilization, and project status. An AI assistant supports on-demand querying and proactive alerts across the platform.

Compliance and Audit Readiness
Built-in support for multi-entity governance, statutory methodology adherence, and automated financial controls reduces compliance risk for firms operating across multiple jurisdictions.