Key TakeawaysResource utilization measures productive time, billable and non-billable alike, not just hours invoiced to clients.Most firms target 70-75% billable utilization; sustained utilization above 80% is a burnout warning sign, not a win.Utilization, realization, and profitability must be tracked together. Strong utilization with weak realization can still produce a loss.Connected ERP and reporting tools turn utilization from a monthly report into a real-time planning input.Boyer helps professional services firms connect project time, resource planning, and financials in Microsoft Dynamics 365 Project Operations integrated with Microsoft Dynamics 365 Finance & Supply Chain Management (F&SCM) or Microsoft Dynamics 365 Business … [Read more...] about Resource Utilization in Professional Services: Why Billable Hours Are Only Half the Story
5 Common Reasons ERP Projects Fail
Installing an entire ERP system at your company is no small feat. It requires a large investment of both time and money. With the stakes so high, how do you protect your investment and ensure success? How do you avoid a colossal failure? A good start is knowing what pitfalls to avoid. Here are five common reasons why ERP implementations fail: 1. Unrealistic Timeframe It’s easy to underestimate the amount of time it takes on the client side to implement an ERP system. For an implementation to be successful, the company’s internal team must be involved in every step of the process just as much as the partner doing the actual implementation work. Sometimes clients fail to realize that if they’re working 40 hours a week and they want to put … [Read more...] about 5 Common Reasons ERP Projects Fail
