Revenue forecasting is a process used to predict future revenue for the purpose of making strategic business decisions. It plays a key role in helping firms secure long-term profitability, increase market share, and keep competitors at bay. Among professional services pros, revenue forecasting has long been considered more “art” than “science.” Though, with recent advances…
Maximizing utilization is a top priority for any enterprise in the project-driven space. It’s about ensuring your skilled resources are actively contributing to revenue generation. But there’s more to the story than just billable hours. Benefits Beyond Billables Enhanced Customer Relationships: Highly utilized teams have more opportunities for face-to-face client interaction. This fosters stronger connections and…
All businesses, regardless of the industry, plan to have a strong sales performance to complete the calendar year. For most, this means offering promotions to push sales. So how can your business systems help you reach your performance goals? This year, NetSuite has introduced SuitePromotions SuiteBundle to handle all of your promotions and offers. Auto-apply…
The Challenge: The World of Private Wealth Management Volatile With growing client needs and the rapid changes in the marketplace, Kay Holdings felt their existing CRM system was falling behind. Their existing system lacked the ability to integrate with Microsoft Outlook, which was a major concern to the company’s management team since it was impossible…
Accurate tracking of billable expenses, efficient capture of hours delivered, timely billing and hourly rates are just a few of the revenue leakage challenges that our customers deal with daily.
Pipeline management in CRM is the core to accelerating sales, forecasting and managing product demand. I recently wrote about the basics of pipeline management. To provide context for where marketing stops and where sales begins. Here I’ll focus on what I call the Seven Rules of Pipeline Management. Become maniacal about your sales process Most…