Boost Your Profitability and Expand Billable Hours using a Holistic Integration of ERP and Professional Services Automation (PSA) Systems
Consulting firms perpetually grapple with the task of adeptly coordinating staff resources and delivering projects within the stipulated timeframe while also ensuring profitability. Concurrently, non-billable administrative duties such as resource management, invoicing, and strategic business planning often consume significant time and attention. Though necessary, these tasks lead to lost revenue opportunities or encroach on precious personal time. With NetSuite’s assistance, these administrative responsibilities can be significantly curtailed for consulting firms, thus providing valuable insights to enhance realization rates, project profitability, and ultimately, client satisfaction.
- Enhanced Staffing Efficiency. Assign the most suitable skills to appropriate projects, while significantly reducing idle time.
- Profitability Management. Utilize interactive dashboards to benchmark projects, identify high-performing teams, and compare budgeted versus billed time to optimize profit margins.
- Fostered Collaboration. Facilitate easy sharing of crucial documents and intellectual assets, ensuring seamless collaboration irrespective of geographical location.
- Streamlined Time and Expense Management. Deploy mobile expense management and automatic approvals that integrate seamlessly with financial records, simplifying the process and minimizing human error.