Professional services enterprises need to focus on optimizing project financials to scale up successfully and to continue delivering value to clients. Companies within the industry need the right strategies to overcome some of the leading challenges being faced within the financial management domain. It is also important to prioritize these project finance management challenges, enabling … Read more
Demand & capacity management is an important aspect of revenue generation, growth, and streamlined execution. Ensuring adequate demand as well as appropriate capacity to fulfil key client requirements, is a major area of focus for project managers worldwide. Having the right team to deliver consistently can be facilitated with the right resource capacity planning tool. … Read more
Professional services enterprises are expanding their business potential through the adoption of AI-based automation systems. The leading IT professional services automation software provide a comprehensive view into proposal designing, client onboarding, execution workflows, billing, and archiving. They also help firms focus on optimizing project delivery based on client requirements, while automating routine tasks, scheduled activities, … Read more
Projects in general must deal with the challenges of managing scope, schedule, resources, quality, et al. Compared with projects in other industries, professional services projects must deal with another unique challenge – that of revenue recognition. You may be wondering – “We have so many Project Management Software and PSA Software solutions available. Don’t they … Read more
Like it or not. We are living in a business world where professionals are always on the lookout for ‘best practices’ – be it products, services, or Project Portfolio Management Software. There is no harm in seeking and incorporating best practices. Professionals must realize that best practices are a byproduct of multiple factors – employees’ … Read more
The professional services business is incomplete without project management. A conversation on project management leads automatically to Online Professional Services Automation Software. With many ‘so-called’ PSA Software, how do professionals differentiate the wheat from the chaff? This write-up tries to get to the key steps that every business leader and decision-maker must review if they … Read more
Organizations deal with products and services that drive their revenue and profitability. But it is your people that understand, visualize, design, develop, and implement products and services to the customers of any business enterprise. It is a no-brainer that senior leaders must give the maximum focus and attention to resource management. However, as organizations grow … Read more
Organizations pursuing external customer projects depend on proposals that – offer high value to customers and don’t compromise of project profitability to service providers. While organizations continue to develop proposals, their struggles center around proposal meticulousness, proposal creation efficiency, and proposal development speed. Yet, business leaders take a half-hearted approach to selecting and implementing proposal … Read more
Organizations focused on new product development must speed up innovation and fend off disruption – if they are serious about survival and growth. In this regard, companies are mostly focusing on the people-driven innovation and are not paying the required attention to the ‘enabler’ of new product development process, i.e., NPD Software or New Product … Read more
We are at the end of another year. 2021 would be history…soon! Globally, what does 2022 have in store for businesses? What could be the “project management trends in 2022?” What shifts do we expect in Project Management Software/Project Management Tool? These are some questions that must be driving the curiosity of project management professionals … Read more
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