Management Consulting

Gartner predicts that the swift progress of digital transformation and the growing preference for cloud technology will lead businesses to rely more on external consultants.

As a result of this growth, consulting firms must balance staff alignment and project delivery while handling non-billable administrative tasks such as resource management, invoicing and planning. Though essential, these tasks can lead to personal time sacrifices or lost revenue. Fortunately, Deltek offers ways to decrease these administrative burdens and deliver valuable insights for better project profitability and client satisfaction.

Management consulting—including IT consulting, environmental consulting and healthcare consulting firms—must prioritise digital innovation to provide clients with the best talent, knowledge and experience to tackle their ’challenges and prepare for the future. Discover how consulting firms utilise Deltek to effectively plan, price and oversee their projects for improved client support within a rapidly expanding market.

Discover how leading management consulting firms use Deltek solutions to power their project success.

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Benchmarks and Best Practices for Professional Services Success

Benchmark Your Consulting Firm

In an industry marked with fluctuations and increasing competition, comparing your consulting firm to others in the industry is critical. This annual report, now in its 17th year, has become a go-to resource for professional services leaders to gain insight into how they can analyse their service organisations' performance and improve processes to achieve service excellence.

Benchmark Your Consulting Firm

Ten Critical Consulting Moves for 2023

Last year, consulting leaders were interviewed about their challenges and expectations for the year 2023. They shared information about their challenges related to talent management, visibility and upholding company culture in a hybrid work setting. Discover the top ten tips they implemented to steer their consulting firms toward profitability and long-term expansion.

Read the Study for Consulting Firms

What Are the Secrets to High Growth Consultancies?

The pandemic brought about significant disruptions in business operations, and management consulting firms were not immune. However, the industry has shown remarkable resilience, bouncing back to pre-pandemic levels. As the world continues to adjust, it is essential for consulting firms to stay ahead of the curve by leveraging technology and adopting innovative strategies. The Hinge Institute and Deltek partnered with high-growth consulting firms to examine the strengths, strategies and best practices that propelled their growth. Compare your firm’s marketing to competitors to help build a successful and visible consultancy.

See the High Growth Study Results

Industry Market Trends

Our 4th annual report dives into the Consulting and A&E business strategies that are working, emerging areas of opportunity, how performance is trending over time and what firms can expect for 2023 and beyond. Check out industry benchmarks and see where you stack up against your peers.

Consulting and A&E Clarity Report

ERP and PSA Solutions for Management Consulting

Deltek solutions connect and automate the project lifecycle that fuels management and IT consulting firms. With the rapidly evolving technology landscape and growing competition, adopting industry-specific ERP and PSA solutions is essential to successfully managing business processes such as project planning, financial management, time tracking and reporting. Deltek delivers the necessary tools to streamline core business functions, enable efficient collaboration with clients and colleagues, optimise resource utilisation and improve project profitability.

IT Consulting

Track Every Client Engagement

Management consulting businesses revolve around clients and projects—finding prospects, pursuing and winning their business and building lasting client relationships. Track every communication and interaction through a single solution with all the relevant information about your clients, prospects and business partners. Deltek CRM solutions help teams identify potential projects in the early stages, evaluate which projects are worth pursuing and improve the firm's positioning for success. Deltek enables proactive pipeline management and client relationship nurturing, providing the ability to stay connected with clients during crucial moments.

CRM & Market Intelligence Products

Vantagepoint CRM >

End-to-End Financial Visibility

Ensure accuracy of your firm’s financial operations and projects through detailed analysis across actual, budgeted and committed figures. ERP financial budgeting solutions offer robust reporting capabilities that allow CPAs, accountants and controllers to generate reports quickly and analyse financial performance. Enable project managers to garner better project accounting visibility into your financials, so they can make more informed business decisions.

ERP & Financial Management Products

Vantagepoint ERP: Accounting & Financial Management >

Grow Your Consulting Business By Finding And Developing The Right People

In any project-based consulting organisation, people are the principal driving force of profitability. To ensure successful resource management at both an operational and strategic level, core HR, workforce management and talent management solutions provide professional service firms with everything they need to manage resources and employee data effectively. Gain valuable insights to support your business-wide growth and strategy through a unified cloud-based human resources solution that allows you to acquire, manage, resource and develop your team.

Human Capital Management Products

Vantagepoint Resource Management >

Talent Management >

Gain Comprehensive & Flexible Project Visibility

Achieve effective project management by monitoring and evaluating results against predetermined objectives. Establish metrics according to your expected outcomes and consistently evaluate your project progress to modify priorities and strategies. Firms can measure project success based on schedule, quality, cost, stakeholder satisfaction and performance against business goals to provide insights for future projects and outcomes. Through a cloud-based project lifecycle solution, gain visibility across your firm and establish more control over people and projects—accessed anywhere in real-time.

Project Management Reporting Products

Vantagepoint Project & Engagement Management >

Connect Project Data To Business Insights

Enable project leaders to focus on innovation and client support instead of running reports. Connecting all essential business data into a single cloud ERP solution allows firms to better understand the impacts of regulatory compliance and cost efficiency, as well as identify short- and long-term opportunities. Deltek offers over 100 self-service standard reports and business intelligence tools for professional service companies to gain visibility and clarity on their project data. Take advantage of self-service reporting solutions to empower users with the data they need to make informed business decisions. Additionally, our integrated platform-as-a-service (iPaaS) solution allows firms to easily connect, build and share data across Deltek ERP solutions and 3rd party applications.

Reporting & Analytics Products

Vantagepoint Reporting and Business Intelligence >

Unionpoint iPaaS >

Explore all of the Deltek solutions that connect and automate the project lifecycle >

Definitive Playbook for Management Consulting

Consulting firms play a vital role in helping businesses across fields as diverse as business strategy, manufacturing and supply chain, sales and marketing and human resources. As a result, they must handle a continuous stream of new regulations, deal with skills shortages and adapt to the waves of technological change constantly disrupting industries. Leverage this actionable playbook for consulting business executives and management and project delivery teams to better engage them in transformational business initiatives.

Get the Consulting Playbook