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…
The professional services industry will embrace digital-first revenue business 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…
Life Cycle Management (LCM). Total Lifecycle Management (TLM). Product Lifecycle Management (PLM). Different organizations refer to it using different names and acronyms, but all emphasize the importance of recognizing that every piece of equipment a customer buys is an asset unto itself, with a complete lifecycle of its own from procurement to disposal, and there…
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…
Professional Services Firms need to evolve ASAP — both to help their clients respond to disruptive forces and remain competitive amid rapidly changing conditions themselves. Most business leaders know that something needs to change, yet struggle to define what needs to happen, much less how to put plans into action. Below, we’ll look at some…
Culture is a foundational part of any business — and investing in making it better benefits firms on multiple fronts. Happier employees deliver better client experiences, are more likely to stick around, and are eager to learn new skills and collaborate on innovative solutions. Professional services companins are no exception. For professional services firms, culture…
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,…
An Exciting Announcement on the Dynamics GP Human Resources and Payroll Suite Modules from Microsoft and Integrity Data After a decade of working with Integrity Data to provide added HR payroll functionality as part of Microsoft GP, Microsoft and Integrity Data have agreed to change their long-standing licensing relationship, which will enable clients to access…
The acquisition of Phoenix-based Silverware, Inc. expands Velosio’s client base and portfolio of cloud ERP, CRM and digital transformation solutions catering to commercial greenhouse growers. COLUMBUS, OH, April 1, 2022 — Velosio announced today that it has acquired Silverware Inc., a leading Microsoft Partner focused on Dynamics 365 Business Central with specialization in the Agribusiness…
Accounting and inventory tracking capabilities are crucial for running any type of business. But, for cannabis companies, they’re an urgent priority that can make or break your business. Failing to invest in the right solutions could open the door to all kinds of risks. It could put your license in jeopardy, trigger an audit from…