Cutting Back Office Admin With AI
Learn how AI can help your firm reduce admin as a % of revenue from 15% to single digits.
Timesheet chasing, invoicing, month-end, reporting, and the non-billable hours that go with them... its all necessary work in a consulting firm. Without it, clients don't pay you. It's costly though – for most firms, admin as a % of revenue sits at about 15%. Its a whole lot of cost that otherwise could be sitting in your EBITDA. In the AI era, the best consulting firms will bring this figure into the single digits. Learn how in this episode of the podcast.
Projectworks CEO Mark Orttung has built his career growing and selling both consulting firms and technology companies.
Projectworks CCO Dominique Rennell advises global consulting firms on how to scale their growth and operations effectively.
What you'll get from this episode:
- What counts as back office admin cost, and how to calculate it as a percentage of revenue
- What has to change to get from 15% to single digits
- Which admin tasks AI can take off your firm today
- What improved admin cost does to your EBITDA and firm's valuation
Cutting Back Office Admin With AI
Learn how AI can help your firm reduce admin as a % of revenue from 15% to single digits.
Timesheet chasing, invoicing, month-end, reporting, and the non-billable hours that go with them... its all necessary work in a consulting firm. Without it, clients don't pay you. It's costly though – for most firms, admin as a % of revenue sits at about 15%. Its a whole lot of cost that otherwise could be sitting in your EBITDA. In the AI era, the best consulting firms will bring this figure into the single digits. Learn how in this episode of the podcast.
Your Z-Suite for this session:
Projectworks CEO Mark Orttung has built his career growing and selling both consulting firms and technology companies.
Projectworks CCO Dominique Rennell advises global consulting firms on how to scale their growth and operations effectively.
What you'll get from this episode:
- What counts as back office admin cost, and how to calculate it as a percentage of revenue
- What has to change to get from 15% to single digits
- Which admin tasks AI can take off your firm today
- What improved admin cost does to your EBITDA and firm's valuation
Join Mark and Dominique to hear how leading firms are applying AI to admin:
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