Time Tracking for Professional Services Firms: The Key to Successful Cost Optimization
Replicon
APRIL 16, 2023
Profit margins and revenue are under increasing pressure due to lower billable utilization rates, rising acquisition costs of highly-skilled knowledge workers, and last-minute client requests. In addition, inefficient project and service delivery are causing frequent overruns, squeezing profit margins, and keeping Professional Services Organizations (PSOs) on tenterhooks.
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