Maximize your resource forecasting capabilities

RMI surveyed resource and project management leaders from 82 professional services organizations to uncover the impact of resource forecasting deficiencies. See how effective resource forecasting can improve both the client and employee experience!

Maximize your resource forecasting capabilities

Resource management and forecasting deficiencies

92% of organizations surveyed recognize the critical importance of optimized resource forecasting to support resource planning needs. However, the majority of them do not have the tools and processes in place to do so.

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51%

do not have a formalized process for forecasting resource needs

51% do not have a formalized process for forecasting resource needs

75%

of organizations still use spreadsheets to forecast resources

75% of organizations still use spreadsheets to forecast resources

75%

of resource management tools partially or don't have integration abilities

75% of resource management tools partially or don't have integration abilities

97%

believe their resource forecasting abilities have opportunities to improve

97% believe their resource forecasting abilities have opportunities to improve

Biggest inhibitors to resource forecasting

Half of the professional services firms surveyed can only forecast out up to two months in advance. The lack of both accurate and timely data as well as automation deficiencies are the biggest inhibitors to effectively forecast resource demand.

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Biggest inhibitors to resource forecasting

The time for modern, purpose-built technology is now

Using outdated or underperforming technology can have serious consequences, including increased costs, inefficiency, and reduced agility over time. The Kantata Professional Services Cloud fills the gaps traditional PSA solutions ignore and supports your resource management needs in real-time, every step of the way—from forecasting demand and managing your talent network to identifying skill gaps and employee opportunities.

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Making the right technology choices has never been more important for PS firms

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97%

97% Project success rate at POP

PROJECT SUCCESS

Project success rate at POP

POP%

50%

50% Improvement in forecasting horizon at Optimus SBR

FORECASTING

Improvement in forecasting horizon at Optimus SBR

Optimus%

20%

20% Improvement in utilization rates at BTM Global

UTILIZATION RATE

Improvement in utilization rates at BTM Global

BTM%

20%

20% Improvement in revenue forecasting accuracy at Cornerstone

REVENUE FORECASTING

Improvement in revenue forecasting accuracy at Cornerstone

Cornerstone%
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Maximize your resource forecasting capabilities
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