Professional Services is a vast industry covering several sub-sectors and many of their have own nuances. However, people-centricity is at the heart of all these sectors. Every company is focussed on attracting and retaining the best talent as well as getting the best yield (returns) on each of that talent. Long gone are the days when people were considered and called ‘resources’! However, along with the people focus, there are several KPIs that need to be monitored carefully to make a successful and profitable business. Preventing revenue leakages, accurate recording of milestones timely billing, constant monitoring of profitability as it fluctuates through the life of the project, revenue recognition as per the industry and regulatory norms are just some of those key KPIs.

At TechWit, we have an extensive experience of working with Professional Services sector. With a strong practice in Human Capital Management, we approach our engagements in this sector keeping humans at the centre of technology. With a strong base in Finance and Project System consultancy, we have helped several organisations to streamline their back office, improve project tracking and prevent revenue leakages.

We help our customers in key areas like:

• Implementation of new-age, cloud based Human Capital Management solutions
• Tight integration with key 3 rd party tools like time tracking tools
• Implement and integrate best-of-breed project management tools for planning as well as execution
• Subscription billing solutions as more companies look to pivot from old ways like Time and Material to now ‘everything as a service’
• Supporting complex finance processes like WIP valuation for long term projects
• with accurate revenue recognition