Sustainability is a more important issue for businesses around the world than ever. Sustainable resources help eliminate waste and support healthier environments while allowing organizations to continue to provide the services and products that their clients demand. Most often, the term “sustainability” is used in regards to physical goods that have an impact on our ecosystem and preserving the planet.
Profitable projects rely on understanding and sticking to the project scope that has been agreed to and signed off by a services business and a client. This includes all deliverables, revisions, and due dates, ensuring that clients receive what they paid for and the company does not provide free work. However, even a project with a well-defined project scope can experience scope creep without detailed and diligent project scope management.
Note: This is an excerpt from our ebook, “The Top 4 Productivity Obstacles Every Business Must Face.” Download the full ebook to learn more.
Years of technology adoption have led many businesses to have too many disconnected systems and experience difficulty in accessing information. Time lost in navigation is also hamstringing businesses, with 73% of companies in our State of the Services Economy 2019 report stating they spend more than one hour per day on average navigating from app to...
The services industry is experiencing new types of pressures that are changing businesses around the world. In this blog series, we will examine the six major pressures facing services firms today, their causes, and how you can successfully respond.
Read our previous entries about short-term, project-based work, remote teams, increased competition, and greater transparency.
The services industry is experiencing new types of pressures that are changing businesses around the world. In this blog series, we will examine the six major pressures facing services firms today, their causes, and how you can successfully respond.
Read our previous entries about short-term, project-based work, remote teams, and increased competition.
The services industry is experiencing new types of pressures that are changing businesses around the world. In this blog series, we will examine the six major pressures facing services firms today, their causes, and how you can successfully respond.
Professional Services Automation (PSA) solutions support services organizations and help teams tackle time-consuming tasks with automation, making project management more efficient and accurate. However, in today’s service-level economy, businesses need to go beyond traditional PSAs and leverage the data and insights that a modern solution can provide in order to compete and thrive.
Today’s services businesses are facing shrinking project margins. In order to deliver each project as efficiently as possible, services firms are utilizing Key Performance Indicators (KPIs) more than ever.
One of the biggest systems opportunities for services organizations today is to build their technology environment around an Operational System of Record (OSR). By bridging core planning, executional, accounting, and analysis systems in a single operating environment, organizations are able to experience dramatically better visibility, predictability, and agility while also gaining greater understanding and control over their finances.
Businesses that are able to optimize employee performance through performance management technology often thrive in the services industry. However, it is common to have large distributed workforces engaged in a variety of disparate objectives that can lead to employees losing sight of company goals.
Understanding and consistently optimizing resource utilization throughout an organization is crucial for improving a company’s profitability. However, it can be difficult for both businesses and employees to know where to begin.
Services businesses depend on data insights more than ever to understand how they can improve their work, meet ever-increasing client needs, and streamline behind-the-scenes processes. But gaining these insights requires the right data management solution that will orchestrate the flow of information and create insights needed to excel in the services industry.
Pexlify is a trusted Salesforce partner that provides flexible solutions and first-class consultancy services designed to help clients solve their most complex requirements. Find out how Pexlify improved billable utilization by 10% by using Mavenlink.
More businesses than ever are leveraging distributed workforces, with employees spread around the world and many working from home or in remote office locations. Approximately 50% of the workforce will be remote by 2020, according to MarketWatch. While the use of a distributed workforce brings numerous advantages and reduces the cost of running a business, it also creates a new set of challenges. The following complications commonly occur when leveraging a network of remote employees, but by...
Today’s services organizations commonly leverage ERP, Software as a Service (SaaS), and other cloud services to collect and utilize the data they need to effectively do business. However, these systems frequently lead to information silos, creating cloud integration challenges across organizations. Being able to overcome these challenges through an effective integration strategy means that a company’s solutions can be put to far better use.
