Six Surefire Ways to Minimize Lost Revenue
All professional services organizations (PSOs) share a ritual at the month-end.
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A Guide to Resource Forecasting
Any successful project delivery hinges on intelligent resource management, which has come under significant strain since the pandemic altered established paradigms, resulting in trends like the Great Resignation and Quiet Quitting.
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15 Financial Planning Tips for Professional Services Firms
According to the Business Research report, the global professional services market has grown exponentially, from US$6040.91 billion in 2021 to US$6697.
4 Types of Revenue Forecasting Models for Professional Services Organizations
Revenue forecasting is critical for businesses across industries. Accurate predictions enable an organization to set rational goals and improve resource utilization.
Reduce Revenue Leakage and Drive Efficiency in Professional Services
Regardless of size or industry type, there is always a threat of revenue leaking away. The revenue sipping out often goes unnoticed making a major impact on productivity and growth of a company.The blog talks about what, why and how you can identify, prevent, and stop revenue leakage in professional services business.
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Why Services Firms Fail at Revenue Forecasting
Poor revenue forecasting can spoil your business way before it even gets off the ground. Learn more about revenue forecasting, how to forecast revenue and why service firms fail at it.
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Global Compliance Desk – Poland
In a highly competitive market, service-based businesses need to capitalize on any opportunity to set themselves apart from their (often very similar) competitors. While implementation, system details, and service management… Read More
What Is Time Off in Lieu (TOIL)?
The onset of AI and smart machines automating formerly-human jobs has been discussed at length as of late -- often in relation to manufacturing and manual labor jobs. And yet,… Read More
How Time Tracking Can Fuel and Serve as a Catalyst Post M&A
Time magazine labels the millennial generation the “most threatening and exciting generation,” infamous for “narcissism [and] its effect: entitlement.” In the workplace, the perception of the millennial workforce is no… Read More
Will AI replace consultants?
The onset of AI and smart machines automating formerly-human jobs has been discussed at length as of late -- often in relation to manufacturing and manual labor jobs. And yet,… Read More
Demystifying the millennial workforce: 5 tips from Trunk Club’s Andrew Anderson Devine
Time magazine labels the millennial generation the “most threatening and exciting generation,” infamous for “narcissism [and] its effect: entitlement.” In the workplace, the perception of the millennial workforce is no… Read MoreTime and Attendance Orientation Guide
In a growing business, the day will eventually come when managing time and attendance on paper becomes both inefficient and risky, especially when trying to balance things like overtime, paid… Read MoreRelated Posts
Accountants Are 50% More Likely to be Sick Before Your Taxes Are Due
You’ve probably heard the adage, “nothing in life is certain but death and taxes.
The Scandinavian Way: How to Apply the “Less Work, More Productivity” Mindset to Meeting Your Goals
A few years ago, Sweden was in the headlines for experimenting with a six-hour workday.
Ethical Billing Practices Depend on Your Honesty and Accuracy
As a professional services provider, you should only charge for hours you’ve actually worked.
