Ever find yourself without the right tool for a job? Maybe the screw fell out of your glasses, but you don’t have one of those tiny screwdrivers you need to replace it. You try the edge of your credit card, a thumb tack from the wall, a paper-clip you bent into a...
Accounting
5 Ways to Reach 30-35 Billable Hours Every Week
Billable hours are the lifeblood of any professional services organization. The more billable hours your consultants log, the more successful you'll be! But It's easier said than done... For a variety of reasons, consulting and professional services firms often don't...
Project Going Over Budget? How To Get Back On Track And Achieve Customer Success
Even the most world-class Professional Services Organizations (PSOs) with the best project managers and service team members will encounter problematic projects every once in a while. When this happens, projects can run over budget and clients can become frustrated if...
Revenue Recognition For Professional Services Organizations
Revenue recognition is an accounting principle, which refers to how revenue is treated or recognized. While relatively straightforward in many sectors, revenue recognition can be a particularly complex matter in professional services, due to factors such as work being...