The Six Key Challenges Facing Professional Service Firms and How Automation Can Help

In this environment of increased competition and slowing revenue growth, it is more critical than ever for professional services organisations to be able to allocate and manage resources effectively and across international borders, to manage bid and project financials more accurately and to innovate and offer new, differentiating and high-value subscription-based service models. Business information is key to tackling these challenges. And that means real-time access to an accurate centralised repository of data that can provide the insights needed to improve performance and boost revenue and profits. That’s where Professional Services Automation (PSA) and modern cloud-based systems can help, providing greater visibility to enable better financial management and resource utilisation and automating many administrative and data input processes, which in turn lets consultants work on higher value work for clients.

In this white paper we will examine the key challenges facing professional services organisations and the ways in which PSA can help to overcome them and provide a vital competitive edge.

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