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Overcoming Data Collection Challenges in Consulting

Tom Spencer

I was assigned to a typical strategy engagement – should client X selling product Y increase sales in market Z? Our hypothesis was that increased sales volume would be associated with increased profitability due to economies of scale. Our analysis was impossible without extensive internal data and financial statements.

Data 78
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The Transformative Power of AI in Business

Tom Spencer

As a result, businesses are able to provide recommendations that simultaneously enhance customer satisfaction and increase sales revenue. Moreover, sentiment analysis techniques can provide businesses with valuable insights based on customer feedback, enabling them to make data-driven improvements.

Data 147
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Investment Banking 101: Understanding the Industry

Tom Spencer

Investment bankers work on behalf of both individual and institutional clients to raise capital by issuing securities, as well as to advise clients on financial matters such as mergers, acquisitions, and other corporate finance activities. Investment bankers may also be involved in the creation and distribution of new securities.

Banking 88
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Optimizing Project Accounting: A Game-Changer for Professional Services

Progressus

For companies where projects are the heartbeat, sales, marketing, and client servicing are the vital vessels supporting this heartbeat. To steer the business in the right direction, the finance department requires instantaneous data on project statuses, forthcoming deals, and future client engagements.

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Wealth Management 101: The Hidden World of Private Banking

Tom Spencer

In simple terms, asset management firms are the ‘manufacturers’ of investment products (e.g., Blackrock is the leader in ETFs through their iShares products), while wealth management firms are the ‘distributors’ of these investment products to end clients (e.g., clients can purchase iShares on the RBC Wealth platform).

Banking 78
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Strengths Multiplied

CaseInterview.com

If someone I work with is fabulous at sales but terrible at finance, when we work together, I benefit from their talent in sales, and they benefit from my talent in finance. He was terrible at supply chain management, finance, and managing foreign exchange currency risk. We’ll never spam you or share your email.

Finance 98
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Key Performance Indicators (KPIs) for Professional Services Firms

Progressus

These metrics provide the foundation for more outcome-oriented engagements, leveraging real-time data to secure contracts, monitor progress, and demonstrate the value of client investments. If you are ready to maximize your firm’s performance with comprehensive metrics and data-driven solutions reach out to our experts today!