Professional Services Firms

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Professional Services Industry Professionals Analyzing Factors Affecting the Professional Services Industry

3 Major Forces Disrupting and Transforming the Professional Services Landscape Right Now

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The forces transforming today’s professional services landscape – are familiar ones. We’re talking: digitization, the shift toward data-first business strategies, our collective post-COVID recovery, and so on. You know, those same disruptive forces redefining all sectors from manufacturing and retail to healthcare and tech. These disruptors may sound like old news, and in some ways,…
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Business Person Riding Upward on a Rocket

6 Proven Growth Strategies for Professional Services Firms

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On the surface, many of the best professional services growth strategies seem more protective than proactive. That assessment isn’t entirely off-base. Becoming adaptive, agile, and adept at infusing data into every process, phase, product, and touchpoint allows firms to brace for impact and emerge from the next round of disruptions, disasters, and black swan events…
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Professional Services Consultants Celebrating Success

7 Critical Success Factors for Professional Services Firms

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In today’s data-centric digital landscape, intelligence is central to any business strategy. But — it’s a matter of life and death for professional services firms where the “product” is a combination of insights and expertise. Professional services firms have always known this, given that profits depend on their ability to provide specialized insights and solutions…
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Professional Services Consultants Having a Discussion

A Guide to the Professional Services Industry

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Introduction Forward-looking professional services firms are capitalizing on new opportunities to leverage technology to align around new needs and shift to outcome-based operating models, and deepen client connections. They understand that responding to new challenges isn’t really about data or algorithms, it’s about maximizing the resources they have to provide more value to the people…
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illustration of Professional Services Consultants Working on an Analytics Platform

Accelerate Your Professional Services Business with Microsoft Power Platform

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Cloud-based ERPs like Dynamics 365 serve as the digital foundation for any modern business. Capture, organize, and unify all of your firm’s data in a single location — providing full visibility into core operations and accessible insights to all users. These benefits, while essential, are a far cry from anything considered “transformative.” See, any competitor…
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Professional Services Industry Executive Looking at Laptop with Cyber Security Icons in the Forefront

Top Security Challenges for Professional Services Companies

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Professional services firms are vulnerable targets for cyber criminals for a few key reasons. For starters, this is an industry that deals in valuable information. Knowledge workers typically rely on some combination of client data, original research, and proprietary IP to deliver insights and solutions that drive specific outcomes. In other words, firms are sitting…
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Professional Services Industry Executive Staring Out Over Future Landscape

Future of the Professional Services Industry

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The professional services industry will embrace digital-first revenue models and business practices. AI and automation will take on a greater role. Data continues its reign as “king.” Remote work is here to stay. We’re watching these predictions take shape in real-time. At the same time, the future of the professional services industry has never been…
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Pecan Pie and Visual Resource Scheduling for Microsoft Dynamics 365 for Finance and Operations

Microsoft Solutions for the Professional Services Industry

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Professional services firms face increasing pressure to deliver more innovation ASAP and adapt to the accelerating pace of change. You know, the usual challenges that define this complex digital era. A key part of tackling these challenges and building the flexible, resilient firm of the future is embracing a composable architecture. According to Gartner, composability…
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Professional Services Consultant Viewing Analytics on Computer Screens

The Importance of AI, BI, and Analytics for Professional Services Firms

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According to Deloitte, professional services firms need to embrace AI, business intelligence (BI), and big data analytics because they have no other option. In other words, opting out is a death sentence. While just about every industry is in that same boat, BI and advanced, cloud-based analytics have become central to the professional services business…
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