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Meeting client expectations and ensuring good profit margins is not easy. That is why businesses use project management software or go one step further with Professional Services Automation.

Professional Services firms need accurate billing to ensure on time invoice generation and avoid invoice rejections. Invoice accuracy is also important to keep clients happy.

Industry Cloud for Professional Services firms offers purpose-built solutions that cater to all their technology needs without needing to plug multiple software from different vendors.

Tracking billable utilization will tell you how productive your consultants are and how much scope you have to increase the firm’s revenues without adding new hiring costs.

To effectively manage work, project managers must be empowered with the right tools and processes. Take a look at the common challenges that could be hindering resource management.