So what exactly is workforce optimization? It is a strategy that addresses scheduling, time and attendance,
and other HR matters while balancing cost effectiveness with high-level client service (i.e., ensuring the
right employee at the right time for the right rate).
From managing core finance responsibilities to pursuing top-line growth opportunities, finance has more on its plate than ever before.
If your firm is wondering why clients are looking elsewhere, it’s time to reevaluate the experience you’re offering.
Today when potential clients are researching which professional service firms to engage, they will investigate your firm’s online presence, reputation, core beliefs, personnel, and results achieved for your clients. Collectively, these findings can and will establish your firm’s “brand” in the minds of these prospects.
Firms around the country have been facing extreme pressures. Whether from shrinking workforces, ever-stricter regulations, or growing competition from their peers, professional service firms have had to make major adjustments to their business practices to continue growing and serving clients effectively.
Your firm didn’t get where it is now by ignoring risks. Today, as professional service firms look for opportunities to expand and grow, risk management is more critical than ever.
In the professional services firm of tomorrow, the full finance function will be asked to evolve and change—facing the challenge and the opportunity of adapting its skills and experience to help guide the firm’s strategy and vision. Learn what more than 160 CFOs of professional service firms have to say about the evolving finance function.
Time and resources are precious to every firm. Yet most professionals in your firm would agree that their time is wasted by inefficient processes. Despite a shortage of administrative staff, current processes at many firms are often manual and resource-intensive, resulting in lost staff time and hidden costs.
Driven by growth and the desire to adopt better business practices, many professional service firms are shifting their approach to finance leadership. How can you become the strategic leader your firm needs?
For CFOs, finding the balance between cost allocation and time spent on cost-capture is often elusive. How can you be certain that your firm is properly and efficiently passing through costs?