Beyond the Clock: Maximizing Revenue and Optimizing for Profitability in the Next Normal
Technology-based timekeeping helps accounting and consulting firms improve their top and bottom lines, immediately and in the post-pandemic world.
The COVID-19 pandemic has rapidly transformed the way the world operates. Seemingly overnight, accounting and consulting firms — along with the rest of the professional world — transitioned to decentralized, remote workforces and braced for economic recession by looking for ways to optimize budgets, decrease costs and maximize revenue. As firms look for ways to automate processes and professionals increasingly find themselves multitasking while attending virtual meetings, traditional time sheets have become a somewhat antiquated and inaccurate account of the working day, which in turn may negatively impact revenues and profit margins.