What is Magnetic Software?
Magnetic: all-in-one Business management software that scales with your business. Streamline projects, account management, finance, and resources in one place.
Problem
Professional service firms currently manage multiple facets of their business such as projects, finances, and resources using various disconnected systems. This fragmentation leads to inefficiencies, isn't scalable as the business grows, and causes disorganization and reduced productivity.
Solution
All-in-one Business Management Software that allows firms to streamline projects, account management, finance, and resources in a single platform. Users can oversee their entire operations, simplifying processes and improving efficiency.
Customers
Professional service firms including consultants, agencies, and firms needing comprehensive project and resource management solutions. Typically involving managers and administrators seeking to enhance operational efficiency within their teams.
Unique Features
Integration of project, finance, and resource management into one platform that scales with the business.
User Comments
Users appreciate the integrated functionality.
Positive feedback on scalability as businesses expand.
Praised for enhancing efficiency in managing projects and resources.
Some users note initial complexity in learning the system.
Finance management feature is particularly valued.
Traction
Launched with key features that address comprehensive management for service firms.
Detailed metrics on MRR, user count, or growth rate are not available in the provided information.
Market Size
The global business management software market was valued at approximately $17.10 billion in 2020, and is projected to reach $77.52 billion by 2028, indicating significant growth potential in this sector.
