Infographic: 5 Ways to Maximize Billable Utilization in PS Firms

- By SAVIOM | December 8, 2022
category
  • Business Intelligence
  • Capacity Planning
  • Case Studies
  • CEO's Take
  • Consulting and Auditing
  • Cross Functional Teams
  • Employee Engagement
  • Employee management
  • Employee Productivity
  • Employee Retention
  • Engineering and Construction
  • Guest Post
  • Guides
  • HR Management
  • In the News
  • Information Technology
  • Informational
  • Managing Remote Employees
  • Operational Efficiency
  • Press Release
  • Product News
  • Productivity
  • Professional Services Automation tools
  • Project Forecasting
  • Project Management
  • Project Management Office
  • Project Portfolio Management
  • PSA
  • Remote Team Challenges
  • Remote Teams
  • Remote Work
  • Remote Workforce
  • Resource Allocation
  • Resource Forecasting
  • Resource Management
  • Resource Management Software
  • Resource Management Tools
  • Resource Optimization
  • Resource Planning Software
  • Resource Scheduling
  • Resource Utilization
  • Risk Management
  • Spreadsheets
  • Strategy
  • Talent Management
  • Task Manager
  • Team Building Activities
  • Team Collaboration
  • Teamwork
  • Technology
  • Virtual teams
  • Webinars
  • Workforce Management
  • Workforce Planning
  • To pursue sustainable growth, maximizing the utilization of the existing workforce is imperative for any business. In professional services organizations, the utilization rate of consultants can influence future business decisions and strategies.

    Therefore, billable resource utilization is an important KPI that PS firms must regularly track and monitor. It helps PSOs leverage the true potential of their talent pool to enhance profit margins and minimize billing loss. In addition, implementing effective strategies can help firms maximize resource utilization to achieve higher ROI.

    Ways to Maximize Billable Utilization in PS Firms

    Get resources to your inbox directly!

    Sign up
    and stay informed

    Get our latest resources straight to your inbox!

    Recommended Articles

    Customized Trial Second Icon 1

    Book a 60-Day Free Trial

    See how intuitive our solution is by booking a free trial customized as per your business needs

    Press Esc to close
    Press Esc to close
    Press Esc to close