Consulting
Sector characteristics
Project-oriented work – some large, phased projects, some short
Varied pricing: Time and Material, Fixed-Price – milestone based
Occasional need to capture % complete at Project or Task level
Variable utilization – some long, some short assignments
Extensive work at client site
Wide ranging staff skills
Need to forecast staff utilization
Sector challenges
Project Overrun
Incorrect revenue recognition
Specific skills shortage
Low staff utilization
Failure to recover expenses
Staff planning
Over-valuation of work-in-progress
systems@work benefits
Enables analysis of actuals against budget
Enables capture of current % completion and retain information for historical analysis
Enables analysis by sector, client, grade, role, project, location, etc.
Enables capture of staff skills matrix
Integrates with Microsoft Project
Can handle multiple project types: fixed-price, time and material, etc.
Enables correct revenue recognition
Can combine (or separate) expense billing from time-based invoicing
Can manage staff availability and planning