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+300 reviewsProfessional Services Profitability Management
Professional services firms thrive on people power and effective utilization. Planful makes it easy to manage and optimize resources for maximum efficiency and profitability.
Optimize Hours, Control Costs, and Maximize Profitability
Planful’s solution templates provide a structured foundation for building detailed efficiency and profitability planning models quickly. Whether it’s FTE productivity, billable hours analysis or controlling scope creep, Planful gets you going in the right direction.
Billable vs Non-Billable Hours Insights
Consider the balance between billable and non-billable hours, incorporating factors such as leisure/restoration, training, and in-house strategic initiatives.
Direct Cost Analysis
Address direct costs associated with billable subject matter experts (SMEs), including both on-site and “fully loaded” costs.
Streamlined Monitoring
Monitor engagement against plans, and leverage the reuse and redeployment of work to streamline operations and increase velocity.
"Data analysts reduced the time it took to create reports from 17 days to just 2 or 3 minutes."
Capture Project Assumptions and Targets To Maximize Revenue and Profitability
Easily update scenarios, adjust rates for resource types, utilization targets, and assumptions on the fly, and analyze profitability by factoring in additional expenses such as travel and lodging.
Drill Down Into Billable and Non-Billable Hours
Use hours and rates by resource to see how revenue and utilization are impacted over time to gain insights into individual projects and overall performance.
Track Utilization Across Scenarios, Projects, and Resource Groups
Gain insights into project utilization across practice areas, offices, and resources with the ability to slice and dice data. Enhance project planning, resource management, and revenue forecasting by evaluating detailed performance metrics.
Get Started with Professional Services Profitability Management
Learn how Planful helps you navigate profitability management easily, quickly, and from a single source of truth.
Get Started with Planful
- How much time will you save?
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- How will your finance team evolve?
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- Where will technology support you?
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