Increasing agility: With more competitors in the market than ever before, your firm needs the agility of the cloud to be able to respond to changing circumstances quickly to launch new services, meet customer expectations, stay profitable, and fully embrace new ways of working.
Increasing visibility: To be agile, a firm needs a single source of real-time financial and resource data to track billing, keep reporting simple and standardized, and efficiently allocate fee-earner time in a way that maximizes both utilization and engagement. And this is especially true as your customers expect you to be able to handle increasingly complex service delivery.
Decreasing admin overhead: With many firms still managing operations with a series of disjointed systems and spreadsheets, billable time is being lost to admin and engagement profitability suffers – especially as it becomes harder and harder to track and decrease leakage.