REAL-TIME PROJECT INSIGHT FOR
Management Consulting Services

FASTER RESPONSE. MORE CONTROL. LOWER RISK.

Are your projects ready for the Real-Time Economy? Real-time enterprise operations is not simply about speeding up information flow. It is also about being able to monitor your entire portfolio continuously and react instantly when conditions change.
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Services

Growing and managing a successful management consulting services business is especially challenging.

For one thing companies in the management consulting services industry are selling a product that’s mostly intangible and delivered by their employees. Competition is intense. Customers’ demands and needs are constantly changing.

To thrive and be profitable in an ever-changing business environment, consulting companies have to deliver their clients’ projects successfully as well as add value to their businesses.

Project based

Management consulting services companies need tools that help them manage their customer-facing projects efficiently; standardize business processes related to their businesses; optimize their resources; as well as gain insight into their projects, clients, resources and finances.

For companies in the management consulting services sector, it all boils down to knowledge, people and relationships. When a company’s consultants head out to work every day, they’re tasked with solving their customers’ most pressing business needs.

Management consulting services companies have to ensure that their employees are able to effectively do their jobs. They have to be trained and developed and then given the tools they need to get the work done. Management consulting firms have to manage their consultants’ time and expenses without all the administrative headaches.

Additionally, management consulting services companies face numerous specific challenges at the overall firm level. For example, they have to raise the profiles of their businesses, and communicate with clients, partners and the broader business community.

These companies need complete and real-time visibility into their people, projects and financial assets. Management consulting services firms also need to manage the sales process and keep track of their client relationships and their projects.

Challenges

However, it’s often difficult for companies in the management consulting services industry to achieve these goals because of shifting resources, scope and priorities. To adapt to rising marketplace pressures, to get ahead and stay ahead, management consulting services firms have to mobilize the right people, skills, and technologies to deliver successful projects for their clients.

Technology and data are critical parts of the business, and management consulting services firms will have to leverage this technology and data to improve their own bottom lines, and in the process the bottom lines of their customers.

To help manage the complexity and volume of data, most management consulting services companies implement disparate project management tools but their business operations run less efficiently than ever.

Advanced technology is key to helping management consulting services companies deliver projects more efficiently. To manage their customer engagements and their projects, management consulting services firms need a single, integrated system

Project ERP

To track complex projects, management consulting services companies must implement a structured, controlled way of managing their projects via a Project ERP system. The system should enable them to monitor all the changes to the costs and progress of their projects and allow them to make adjustments instantly.

When problems arise, Project ERP helps management consulting services companies rapidly respond to customer requests as well as better manage and execute their projects.

The premise of Project ERP is that accurate and timely information must flow seamlessly between the various business functions. That way decision-makers will not only have visibility into what’s going on inside the enterprise, they’ll also have greater control over all parts of the business.

Value proposition

By choosing ADEACA’s Project ERP solution to help manage day-to-day project operations, management consulting services companies can meet their project goals and deadlines. With a true Project ERP system like the one offered by ADEACA, management consulting services companies can:

  • Provide a more cohesive view of operations in real-time
  • Meet the need for global standards
  • Effectively evaluate the profitability of projects in the sales phase and maintain that profitability through planning, design, and development
  • Ensure resources are utilized effectively across a portfolio of projects
  • Reduce margin variance and cost overruns by showing exactly which resources and equipment will be available prior to project start
  • Improve post-delivery service opportunities by coming in on time and on budget more often
  • Quickly respond to scope changes and other external delays, including the impact across their portfolio of projects
  • Provide a clear real time view of their utilization and profitability across their entire portfolio of projects and clients
  • Enable close collaboration between their people, no matter where in the world they are based
  • Effectively manage time, costs, resources, contracts, and changes in a single solution

Generic ERP just doesn’t work for project-based businesses like management consulting services companies. In fact, implementing an enterprise ERP system could even hinder productivity and profitability.

Project ERP software from ADEACA, on the other hand, will enable management consulting services firms to effectively manage and control their client engagements and all related processes while at the same time provide the required insights into business performance. This means they can operate more efficiently, make timely and informed business decisions, reduce risks and increase profitability.
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