Solutions for Management Consulting Firms
Management consulting firms face the challenge of juggling staff alignment, project delivery, and non-billable administrative tasks like resource management and planning. Deltek Costpoint offers an integrated ERP and Professional Services Automation (PSA) solution to alleviate these burdens and provide valuable insights for optimizing project profitability and client satisfaction. By prioritizing digital innovation and leveraging Deltek's tools, consulting firms can effectively plan, price, and oversee projects to enhance client support in an ever-expanding market.
Benchmarks and Best Practices
To thrive in a competitive industry, consulting firms can benefit from benchmarking their performance against industry standards. The SPI Benchmark Report offers key metrics and trends critical for driving efficiency and growth. Additionally, consulting leaders can implement the top ten critical moves identified in a recent study to steer their firms towards profitability and long-term expansion. Understanding and tracking key performance indicators (KPIs) specific to consulting firms is vital for setting, measuring, and improving critical business metrics.
ERP and PSA Solutions for Management Consulting
Deltek Costpoint provides industry-specific ERP and PSA solutions tailored for management and IT consulting firms. These solutions streamline core business functions such as project planning, financial management, time tracking, and reporting to optimize resource utilization and improve project profitability. By automating the project lifecycle and enabling efficient collaboration with clients and colleagues, Deltek's tools help consulting firms stay competitive in a rapidly evolving technology landscape.
Human Capital Management and Project Reporting
People are the driving force behind profitability in project-based consulting organizations. Deltek Costpoint offers core HR, workforce management, and talent management solutions to ensure successful resource management at both operational and strategic levels. By gaining comprehensive project visibility and connecting project data to business insights, consulting firms can effectively monitor project progress, evaluate outcomes, and make informed decisions to drive growth and strategy.
Reporting, Analytics, and Business Intelligence
Deltek Costpoint empowers consulting firms with over 100 self-service standard reports and business intelligence tools to gain visibility and clarity on project data. By connecting essential business data into a single cloud ERP solution, firms can understand the impacts of regulatory compliance, cost efficiency, and opportunities for innovation. The integrated iPaaS solution allows firms to easily share data across Deltek ERP solutions and third-party applications, enabling informed decision-making and efficient business operations.
Definitive Playbook for Management Consulting
Consulting firms play a crucial role in various business fields and must handle a continuous stream of challenges. By leveraging Deltek Costpoint and its suite of solutions, consulting firms can enhance project profitability, client satisfaction, and overall competitiveness. With a focus on digital innovation, streamlined project management, and insightful reporting, Deltek equips management consulting firms with the tools needed to navigate the complexities of a rapidly evolving market.