How Unit4 can help Professional Service firms

How Unit4 can help Professional Service firms
transform challenges into opportunities

Unit4 helps Professional Service firms by offering project-centric solutions that streamline operations and boost profitability. With over 40 years of experience working with industries like yours, Unit4 provides tools for project, finance, and HR teams to work more efficiently and collaboratively, allowing them to focus on creating value and meeting client expectations. Here’s Unit4’s comprehensive framework for Professional Service firms to drive success:

Build an agile strategy to win more business

^CHALLENGES

⚠︎ Bid failures: Without thorough pipeline analysis, Professional Service firms lack understanding of where they can beat the competition.

⚠︎ Talent gaps: Incomplete views of the talent pool results in inefficient resource utilization and therefore higher costs.

⚠︎ Growth challenges: Lack of integrated financial planning and insights means firms might miss an opportunity for growth.

^SOLUTION

Ensure bid success by analyzing your pipeline thoroughly. Gain a complete view of your talent pool to develop your workforce with a well-informed skills and staffing plan. Our integrated financial planning and insights help you grow your business effectively.

Watch the video to learn more ➜

^{CASE STUDY}

_{Integrated 32 global business acquisitions — some in just three months.}

Read the full story

Plan profitable engagements easily and accurately

^CHALLENGES

⚠︎ Unclear structure: Projects lack defined milestones, deliverables, and billing terms.

⚠︎ Budget overruns: Inaccurate budgeting for time, procurement, and contractors leads to unexpected costs.

⚠︎ Resource misalignment: Difficulty in assigning the right talent affects project performance and timing.

⚠︎ Risk oversight: Unaddressed risks increase the chance of project disruptions.

^SOLUTION

Initiate new projects with a detailed work breakdown structure, covering milestones, deliverables, and billing conditions. Set budgets for time, procurement, travel, and contractors. Assign and reassign the best people based on their skills. Conduct risk assessments to identify and mitigate potential project risks.

Watch the video to learn more ➜

^{CASE STUDY}

^{Havas now understand the precise financial performance of its people projects. We can examine how much income is directly generated by our people producing billable hours.}^”

Director of North American Financial Systems, Havas Media

Read the full story

Execute and bill with precision

^CHALLENGES

⚠︎ Complex billing issues: Handling complex global projects, managing invoices from multiple legal entities.

⚠︎ Billing inefficiencies: Inaccurate billing and late payments due to systems not built to handle complex project-based businesses.

⚠︎ Budget management problems: Rigid systems for fixed-price projects that cannot handle changes and result in dissatisfied clients.

^SOLUTION

Manage the billing of complex, global projects by creating invoices from multiple legal entities. Ensure effective billing and timely payment with a comprehensive, project-based invoice and credit control system. Use accurate, timely data to handle budget changes for fixed-price projects, fostering trust and transparency.

Watch the video to learn more ➜

^{CASE STUDY}

Smarter, stronger operations for competitive advantage

47% decrease in billing time

97% timesheet completion rate, up 13%

94% improvement in forecasting accuracy

Read the customer story

Monitor projects and optimize resources

^CHALLENGES

⚠︎ Fragmented project management: Combined project information that lacks specific detail making it difficult to get clear visibility or optimize resources.

⚠︎ Timeline and financial oversights: Projects running late and over budget due to lack of visibility from key data (time/expense).

⚠︎ Low employee engagement: Struggles to gather actionable feedback throughout projects and keep employees engaged.

^SOLUTION

Manage your global project portfolio with dedicated workspaces for each project. Monitor and control project timelines and financials, including time and expenses. Optimize resource allocation across your projects and foster continuous employee engagement through bottom-up feedback.

Watch the video to learn more ➜

^{CASE STUDY}

Achieved a 30% increase in operational efficiency.

Read more about Qvantel’s journey

Deliver projects on-time, on-budget, and with an eye to the future

^CHALLENGES

⚠︎ KPI tracking issues: Missed deadlines and budget overruns, impacting project success and profitability due to inaccurate metrics.

⚠︎ Complex project management: Inefficiencies and increased risk, affecting overall project performance and client satisfaction due to processes not built for complexity.

⚠︎ Revenue and billing problems: Lack of real-time data results in cash flow issues and revenue leakage, undermining financial stability and growth.

⚠︎ Change and evaluation management: Hindered continuous improvement and learning affecting future project success and team performance due to poor post-project analysis.

^SOLUTION

Track project KPIs such as estimated time to complete (ETC), time, and expenses. Successfully manage global projects with processes tailored for complex scenarios. Use real-time reporting data to enhance revenue recognition and billing. Oversee changes throughout the project lifecycle and conduct post-mortem evaluations and team assessments.

Watch the video
to learn more ➜

^{CASE STUDY}

_{^{Significantly reduced administrative burden while improving project visibility and efficiency.}}

See how Stanley security used Unit4 ERP to enable their growth plans

Recruit, retain, and grow a digitally empowered workforce

^CHALLENGES

⚠︎ Skills gaps: Hindered business performance due to skills gaps caused by difficulty in recruiting and retaining the right talent.

⚠︎ Resource allocation problems: Inefficiencies and project outcomes affected due to wrong people assigned.

⚠︎ Ineffective teams: Team growth and overall effectiveness limited due to poor planning and lack of development.

⚠︎ Undermotivation: Poor employee motivation and retention due to a limited reward strategy.

^SOLUTION

Recruit and retain top talent with the skills that match your business needs, ensuring the right resources are assigned to projects based on employee profiles. Support effective workforce planning and professional development for your team. Enhance your reward strategy through comprehensive compensation planning, performance evaluations, and bonus allocation.

We also understand that to achieve these goals, firms need a unified, cloud-based operational platform that uses best-in-class functionality and automation. Allowing your teams to focus on delivering value to your clients, rather than administrative processes.

Watch the video above to learn more

^{CASE STUDY}

Equipped managers and IT consultants with agile tools to boost productivity, engagement, and growth
Proactively encouraged skill development
Supported ABC-Groep in its ambition to become a ‘great place to work’

Learn more about ABC-Groep’s talent investment