Resources are an integral part of audit and accounting firms since they bring revenue by billing clients for their consulting services. Hence, organizations need a well-structured resource plan to enhance the billable hours of their skilled employees and boost profitability.
Efficient resource planning aids in catering to unexpected rise or fall in consultants’ demand and overcoming skill shortages proactively. It also helps managers to build a team of permanent and contingent resources in an appropriate ratio. Finally, it enables allocating competent consultants to the relevant project at the right cost.
