The essence of a professional company depends on the factor of their efforts in being able to match right resources with right projects. They need to keep their clients satisfied in order to have a good word of mouth from their side. At Bolder, we cover the entire gamut of the professional services project.
Professional services firm work in an atmosphere that is highly dynamic and wide. They are constantly facing threats and challenges regarding number of offerings and vacancies, surging wages, increasing operational costs and cut-throat competition. All of these factors have decreased their profit margins and slowed down the productivity. This sector is even not gaining much from technological developments which is one reason for its low productivity. Here, the secret to their success would be their ability to efficiently managing inputs and deliver cost-effective outputs to the customers.
Various threats and challenges faced by this industry:
Declining profitability: As talked above, various factors are responsible for declining productivity of this industry. They have to analyze the reasons and strategize accordingly to eliminate all of them to get the maximum out of their investments.
Optimizing the limited resources: Every project demands a specific skill set and domain expertise for successful completion. So, it is very much required to put these resources to use with utmost precision and carefulness. For that, the need is to understand the demand first and proceed accordingly.
Capability of managing physical resources- A major challenge that the
professional services firms face are regarding the management of their physical resources. Their working conditions, their proper remuneration and their proper utilization. Al of these issues have to be addressed properly for a systematized management which is feasible also in terms of revenue.
Being able to deal with the growth: managing growth is even more difficult than achieving that growth. For that, the firms need to balance between customer’s needs and timely delivery of their services without making any compromise on quality.
The valuable deals delivered by Bolder:
Bolder has got years of experience in catering the IT needs of Professional services firm. In this arena of cut-throat competition, out software products are a great help to stand your business apart. We understand, that professional service interfaces are not meant to appease customers aesthetically rather they are meant to deal with the scale and rich functionalities. Software solutions are provided to address every of your issue be it- Accounting Software, Research and Development ERP, Business Management Consulting, Architecture ERP and Business Process Management or Marketing Project Management. We develop software by exclusively putting efforts in each of the project.
Solutions for marketing projects efficiently: Bolder will provide you with great software solutions that will enable your firm to market each project exclusively and individually. Our solutions are devised carefully analyzing your business needs and they get into your business and help you reduce revenue leakage and maximize the productivity. We also help you with efficient planning of project budgets and allocating resources accordingly.
Software solutions for simplifying accounts management: The Software solutions we provide help you manage your accounts properly. This will help you manage on-going client engagements and take up new opportunities by presenting client relationship in a single view. We have simplified the entire data entry process and set default systems which almost automates the entire process. This all leads to lot of time savings and proper management.
Software solutions for better business consulting: The Software solutions in this concern are based on the principle of reducing leakages of revenue and increasing productivity. Comprehensive solutions for business process management increase the agility of your business model. Our solutions cut down on redundant administrative processes and costs inculcated on the business model by these processes, thus increasing productivity and efficiencies.
Software for facilitating Research and Development: R&D is one essential need of any business, especially somewhere where the competition level is so high. The Research and Development offers information regarding current and future human resource needs, thus maximizing resource utilization and performance. We develop software tools that help synchronize all business processes and link everyone involved clients, freelancers and other external resources.
Architectural Software tools: Bolder develops Software that enables you study your firm’s imminent issues and risks to devise your management strategy accordingly. Our software will allow you to manage complex business processes like contractual arrangements such as expenses, third parties, procurement and payables cycle.
Software providing ERP Solutions: Software tools are developed which help businesses to comply with all the requisites of industry like SEC, Sarbanes-Oxley and FASB mandates. These solutions helps in bringing down unnecessary administrative costs and increasing productivity.
