EMEA Blog

With 2022 on the horizon, consulting firms are evaluating their business practices, resetting goals, and retargeting where they want to go. David Hofferberth from Service Performance Insight (SPI) discusses three key practices that firms should focus on heading into the new year to set themselves up for future success.

What makes your most profitable projects such a success? Our latest guide explores how you can identify your most successful and profitable projects and use that information to find similar work.

As Architecture, Engineering and Consulting firms navigated a global pandemic, finance teams stepped up to ensure business stability. We spoke to three CFOs to find out how.

See how an employee-owned project management firm successfully steered its people – and its financial performance – through a period of significant disruption.

Now, more than ever, your finance teams are under pressure – so streamlining financial processes and providing the right support is vital.

The recently-released best practice guide to overcoming project and business performance challenges, How Consulting Firms Win – The Definitive Playbook, defines the most common areas consulting firms find competitive gains (project delivery, growth, profitability, and talent) to help your firm put its own successful plays into place. Whether you’ve just downloaded the Playbook, or you downloaded it recently and are having a tough time deciding the first performance area you’d like to tackle first, we would like to offer a few “get started” tips that might help you ease yourself in.

Does your firm spend hundreds of hours producing reports, only to find they aren’t timely or don’t provide sufficient information to make important decisions? If so, this best practice guide will help you understand how to improve management reporting and ultimately improve business profitability.

Winning new projects and new clients is not the only way to bolster profitability and sustainability. Find out how to improve your bottom line by optimising your firm’s working capital management strategies.

Is your month-end close a smooth and fast process, or a messy rush of timesheets and invoicing red tape? Find out how your consulting firm can attain accounting best practice, by harnessing the power of technology.

Our latest blog explores how CFOs are approaching digital finance transformation and opening up huge opportunities for precision, speed, and longevity - helping them to improve the way they meet both internal and client needs.

A blend of technology and business smarts can help to prepare your practice to thrive in the “disruptive economy”. Experts from the Association of Consulting Architects and Deltek share their guidance on how to future-proof your practice in our latest blog.

'Mitigate risk' is a common phrase heard throughout the Architecture & Engineering industry, but what does it mean and is your firm doing the right things to truly mitigate risk? Often times, risk translates to money, but there is more to it.

2018 SPI research reveals that financial stability is a key metric for the best performing consulting firms. Check our infographic and download a copy of the full report to evaluate the KPIs and compare your firm against the best firms and the industry average.

Secure, reliable accounting and project management software with advanced functionality and the ability to automate tasks is a necessity for running a profitable AEC firm. Here are the red flags that tell you when your software is becoming a liability.

Finance is critical for supporting all areas of a management consulting firm from budgeting to cash management to financial reporting. Former finance director of a consulting firm, Amy Champigny shares her experience of transforming a finance function for the better with the right software.

In the professional services industry, no two projects are alike and more often than not they are considerably different. In this video you can learn more about how to better manage your project lifecycle

Learn how you can maintain consistent profit levels in your business without restricting opportunities for growth.

Understanding your business' financial past can help you to create a more profitable future. Here are four things you should consider to enable success at your firm.

The role of the CFO is changing in many business. Use the best practice tips shared in this infographic to make sure you stay on top of the change.

Architecture and Engineering firms are working harder than ever just to stay still. Here’s how we think you can improve your financial position.

Whilst marketing agencies are seeing revenue increases across the board, many are finding it difficult to turn this into profit.

4 metrics that every CFO or Finance Director needs to know – we’ll tell you what they are and how to measure them.

Learn how to answer the tough questions that CEOs of Pofessional Services firms face

This is how CFOs should answer the tough questions they face from their CEO

Is your marketing agency using historical business data to plan for future activity?

These four tips show how project managers can use Project-Based ERP to improve project control and profitability

Discover how project-based ERP can mean the difference between firm foundations and a house of cards.

Find out how an Enterprise Resource Planning solution can help you to align your finances and maximise profits following new business acquisition.

Identify the correct time to grow your business using precise, real-time data from your ERP software.

Explore how project-based ERP software can help you simultaneously manage growth and margins.

Many A&E firms often find management reporting to be a much more difficult task than it ought to be.

Consulting firms list growth as a top priority, with many recognising how ERP software solutions are a key player in the process.

What can businesses learn from the finacial management failings of Balfour Beatty and Imtech?

Discover how ERP software providers are helping businesses to win bids.

Discover how more visible and efficient project management led by ERP software can increase resource utilisation and profitability.

Are firms in the Consulting Engineering sector adequately rewarded for the value they deliver to society? And would higher profit margins mean more innovation?

Discover how project ERP software can give you greater working capital through improved visibility and efficiencies.

Is your business system a profit-making or cost-guzzling asset? How can project-based ERP help improve profitability? Find out in this blog

Discover how Enterprise Resource Planning solutions can help your Professional Services firm work together to improve profit margins and reduce costs.

Recent headlines highlighting TESCOs financial problems should act as a warning for all businesses.

Finance managers are well versed in forecasting, but their financial systems often let them down. ERP software and metrics can be used to gain accuracy.

Explore how project-based ERP can keep your cash flow and subsequently your business in good health.

Financial goals and objectives are achievable when you analyse, plan and implement integrated strategies by allocating the most appropriate resources.

Learn why Running A Global Professional Services Business Shouldn't Be A Game of 'Whac-A-Mole'

How you know it’s time to trade in your spreadsheets for a true fit-for-purpose ERP business system to maximise productivity and profits.

If your management reports aren’t accurate, your business will struggle to improve. Find out how to tell if your management reporting software isn’t currently supporting you

In a world of thrive or dive, is your fast-growing business agile enough to cope with the demands you throw at it?

Using high quality Project-based ERP software can deliver return on investment quickly in the short term and support growth in the long term.

Many Professional Services firms do not know before it's too late whether their projects are profitable or not. But how late is too late? And what can you do about it?

Learn more about the change professional service firms can implement to make signinicant improvements to their profit margins

Using ERP that is purpose built for your industry enables CFOs to gain control and visibility, access predictable results and guide their firm to out perform expectations

Professional Services firms can drastically reduce their profit margins by consistently over-servicing clients, yet many firms are unaware if and when over-servicing occurs.

Professional Services firms can increase customer satisfaction and margins by reviewing and improving their business processes.

Can resource planning and management tools have an impact on a firms bottom line?

Professional Services firms can make a significant impact to their bottom line by asking the right questions about their resource utilisation and process efficiency.

When working to such a small operating margin, it is imperative that Consulting Engineering firms looks for ways to gain control over their projects and finances.

Legacy systems may be holding businesses back. Updating your ERP system will improve financial control and project visibility and enable your business to achieve growth targets.

CFOs are keeping a close eye on the balance sheet and every purchasing decision needs to be carefully analysed and justified. One of the most painful expenses of all can be technology, but there are substantial business benefits to be gained by investing in the right technology.

Being more strategic is increasingly important as CFOs move from being transactional holders of the purse strings to being business partners who deliver insights and guidance to the greater business.

Deltek Maconomy ERP Software enables you to improve resource management and project control so that you can increase your bottom line

CFOs can improve their back office efficiency by closely examining their existing processes and making incremental changes that will reap greater benefits for the entire finance team.

The role of CFO is increasingly changing from operational to strategic planning. In this blog, Deltek UK's Senior Director of Finance explains how CFOs can deliver the business transformation required to enable a strategic finance function.

Understanding these 4 key areas which have the biggest impact on revenue will help your firm to boost its profitability.