Consulting firms face many unique challenges, such as special accounting and revenue recognition requirements, managing resource allocation and human resources, and complex project management needs. Unfortunately, no “one-size-fits-all” solution is readily available.
That’s why many leading consulting firms are choosing HSO’s consulting360.
consulting360 leverages the power of Microsoft Dynamics 365 and is designed specifically for consulting firms. Dynamics 365 + consulting360 addresses the challenges all firms with consulting services share:
- Winning more work
- Managing client engagements and projects
- Handling unique accounting requirements
- Attracting and retaining quality talent
Today, consulting360 is used by firms in industries as diverse as management consulting, marketing, design, and IT consulting.
Here are just a few examples of how consulting360 has helped consulting firms achieve their ambitious goals:
International Technology Consulting
Chemonics International’s over 4,000 employees provide technical solutions ranging from agriculture to health and education in remote areas in more than 70 countries. The firm needed a technology solution that didn’t require on-site servers and could provide real-time access to current data from their project management, finance, HR, and procurement systems for accurate forecasting and resource planning.
“We realized we needed a single integrated solution that would allow us to operate as a unified, global organization,” said Rob Teitelbaum, Controller at Chemonics.
The combination of Microsoft Dynamics 365 + consulting360 from HSO offered a scalable solution with an advanced level of integration across functions, provided easy access to data from anywhere across the globe, and met the strict data-management requirements of a U.S. government contractor.
Chemonics Executive Vice President Eric Reading said, “It was extremely difficult to deploy in an on-premises format in the 70 developing countries where we work, and we didn’t have the connectivity we needed for real-time collaboration with our headquarters offices. The cloud technology and the Internet connectivity came together at the same time to make this solution possible.”
Design and Innovation Consulting
This global design and innovation consultancy firm has offices in the U.S., Europe, and Asia and creates innovative designs for clients’ products, services, and digital experiences. When the firm expanded overseas, its mid-market ERP struggled with complex accounting processes and could not integrate with specialized software systems they depended upon.
The firm chose HSO to help implement Microsoft Dynamics 365 to manage the organization’s global financial management practices along with key project accounting, billing, and revenue management processes. In addition, they deployed consulting360 from HSO to extend native functionality within Dynamics 365 across the entire project lifecycle. The solution from HSO allowed the firm to integrate with other software systems to maximize efficiencies, automate global financial management transactions, streamline billing and revenue processes, and improve reporting and visibility across the business.
For over four decades, this firm has been helping leading automotive, healthcare, and retail organizations grow revenues, improve profitability, and increase customer loyalty. As the firm grew, it needed an ERP capable of meeting the requirements of a large, multinational consulting firm.
The combination of Dynamics 365 + consulting360 has helped the firm streamline its global financial management, improve the management of contracts and projects throughout client engagement and solution delivery, and provide timely information to the firm’s stakeholders across the business.
Would you like to take the next step in gaining a 360-degree view of your consulting firm? Contact us to get the conversation started.