Don’t Be Miserable About Your Billables: A Guide
In professional services, some of the most fundamental discussions revolve around hourly rates, monthly retainers, and project-based fees. Successfully satisfying client needs winds up involving as much conversation around the cost as it does the actual work requested – and as a result, contractual terms must be carefully and meticulously agreed upon before getting started. […]
The biggest threats to profitability in professional services firms
Momentum is increasing in professional services firms, and with it comes a continuously evolving landscape that can be difficult to keep up with. Whether it’s evolving workforce dynamics, an increasingly remote workforce, the changing cost structure of services, or heightened competition between firms, shifting dynamics — both internally and externally — make for a challenging […]
Leveraging ERP for Time Tracking? Here’s What to Consider
Originally designed to manage core finance and accounting processes, implementing and maintaining an Enterprise Resource Planning (ERP) system has become a near-ubiquitous staple in the business world. They don’t come cheap, however – and after dedicating an extensive amount of time and money on implementation and deployment, multinational companies hope to rely on these backend […]
