Financial and Operational leaders from professional services organizations have long struggled with unreliable financial, project delivery, and team capacity predictions.
But that’s about to change.
Meet Foresight Connect – a new profitability and resource management solution designed for professional services firms seeking predictability and clarity on the most critical metrics: profitability, utilization, and service delivery. And all without disrupting your current tools!
What is Foresight Connect?
Foresight Connect was built to give you predictability in your business, focusing on profitability. It answers critical questions about your projects’ current and future profitability, service delivery, and resource availability. This is achieved by connecting financial data with resource planning, allowing you to:
- Forecast profitability based on resource allocation and cost/income-revenue rates.
- Compare planned profitability with actual results to optimize margin and on-time project delivery by integrating with the time-tracking, project management and HR systems you use.
It helps businesses drive long-term success by improving forecasting, boosting operational efficiency, and strengthening project profitability—all while seamlessly integrating with your existing time tracking, project management, and HR tools.
Struggling with financial planning and resource management? Foresight Connect has you covered!
Unpredictable market demand, constant changes in project scope, and financial results have always been major challenges for the professional services industry.
With Foresight Connect, your business will be able to:
- Model Profitable Growth Scenarios: Easily create project budget profitability scenarios based on cost and income rates and project plans to generate automatic financial forecasts.
- Build a Consistent and Accurate Overview: Combine the talent pool with an availability heatmap and finances to get a bird’s-eye view of your processes. Add project budget estimates to the equation and monitor costs and profitability in real-time.
- Balance Capacity and Utilization Across Your Teams. Plan and fulfill market demand by allocating the best people for the job. Assign and reassign lightning-fast with the drag-and-drop calendar and “Find replacement” option. Avoid errors with schedule conflict alerts and time off information.
- Make Better Decisions Together: Get a high-level perspective on your company’s performance to keep your delivery, finance, and sales teams in sync. Compare plans with actuals, create real-time reports, and make collaboration easier with filtering, sharing, and exporting features.
With Foresight Connect, your professional services firm can enjoy all of those benefits without changing the tools your team already uses—thanks to seamless integrations.
Seamless Integrations – The Next Step in Your Company’s Evolution
For professional services organizations, changing or replacing existing tools and processes can be challenging with a lot of change management. With Foresight Connect, that is no longer an issue.
Foresight Connect comes with a set of essential integrations to project management, time tracking, and HRiS tools, ensuring smooth data flow between systems while reducing manual input. This enables you to use the tools you already have without a lot of training and change for your teams. Key integrations include tools like Harvest, BambooHR, Teamwork, and others, enabling you to forecast utilization and profitability with accuracy and ease.
See all the integrations offered by Foresight Connect
