Professional services today

**In 2021, the US economy grew by 5.7%, supported in part by a government pandemic relief fund of nearly $6 trillion. This is the strongest growth since 1984 – and for the first time in 20 years, the US economy grew faster than the Chinese economy¹. For 2022 and 2023 the outlook is more conservative. The International Monetary Fund projects a decline in growth from an estimated 6.1% in 2021 to 3.6% in 2022 and 2023².**

To weather the storm, and even thrive in uncertain times, professional services firms are adopting a number of technology-driven strategies to raise revenues, reduce costs, and improve efficiencies. Many are accelerating digital transformation so they can adopt new business models, automate manual processes, optimize talent management, and develop a finance-first culture.