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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. More Efficient Operations AI enables businesses to automate repetitive and time-consuming tasks, freeing up human resources to focus on more complex and strategic activities.

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Progressus Advanced Projects March Release Now Available

Progressus

The March release features improvements in Expense and Resource, further enhancing our commitment to efficiency and user experience. The Progressus Advanced Projects 11.4.1.22 release is now available, featuring a variety of enhancements aimed at expanding the robust functionality for professional services and project-based businesses.

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Unlocking Business Profit Potential

Business Consulting Agency

It might involve cost reduction, pricing optimization, revenue growth, or operational efficiency. Operational Efficiency : Optimize your business processes to reduce waste and improve efficiency. Sales and Marketing Optimization : Evaluate your sales and marketing efforts.

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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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ERP Software for Project-Driven Organizations

Progressus

Many project-driven organizations are finding that they can operate much more efficiently with Enterprise Resource Planning (ERP) software. Most companies have a finance and operational system in place, but siloed systems can’t go beyond everyday business processes or help with future business growth. What is ERP Software?

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Key Performance Indicators (KPIs) for Professional Services Firms

Progressus

Factors impacting profit margins include the tendency to allocate 80% of project work with the last 20% of the budget, inaccurate time-sheet reporting, underbidding during the sales process, and client disputes. Measuring utilization informs decisions regarding hiring, outsourcing, skill development, and workload distribution.

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Technology Ain’t Going to Solve Your Problems

Markovitz Consulting

The software calculated purchases based on customer demand, which was artificially inflated by a bonus program that the VP of sales ran during the normally slow summer months. Management let the software make purchasing recommendations based on sophisticated algorithms that didn’t account for the special sales promotions.

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