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Navigating the Crossroads: Project Management vs. Project Accounting Software

Progressus

The time zone differences and lack of a centralized platform for sharing project updates and documents led to delays, missed deadlines, and frequent misunderstandings about project tasks and responsibilities. Budget Control: Helps avoid cost overruns and manage project finances proactively.

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Optimizing Project Accounting: A Game-Changer for Professional Services

Progressus

Ultimately, these hurdles jeopardize the firms’ ability to set and achieve short-term and long-term objectives, forecast cash flows, and strategize for the future. Integrating project accounting ensures accurate documentation of billable hours, activities, and expenses, creating a coherent picture for everyone involved.

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The Corona Virus for Small Businesses

Consultant Journal

Do trial runs and document practices for using telemeetings, including teleconferences and web meetings. Take a look at your cash flow and what a change to sales or staffing could do. Consider arranging financing ahead of time, as part of business continuity preparations.

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Need Clients Now? 5 Strategies to Quickly Get More Consulting Clients

Consulting Matters

However, there will be times when you have to feel the cash flow pressure and need to find clients.right now! Document ideas in the document we use for Directional Agreement. Offer your document as a “straw person” and starting point. Before we get started.

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Need Clients Now? 5 Strategies to Quickly Get More Consulting Clients

Consulting Matters

However, there will be times when you have to feel the cash flow pressure and need to find clients.right now! Document ideas in the document we use for Directional Agreement. Offer your document as a “straw person” and starting point. Before we get started.

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7 Critical Success Factors for Project Based Firms to Consider in 2024

Progressus

The Power of Unity Firms need real-time insights into the entire business – finance, project accounting, sales, everything – otherwise multiple versions of the truth will start showing up in budgets, estimates, and forecasts. It prevents you from generating reliable cash-flow forecasts and makes it incredibly difficult to manage resources.

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2008 Financial Crisis – Causes and historical context

Tom Spencer

Many an economics and finance course later, I see that the layers of complexities to the 2008 financial crisis are innumerable. The senior slices of a CDO were considered to be safer because they had first priority on cash flows received from the pool of mortgages in the event of default. It all seemed so clear.