Professional Services
Finding the right people with the right skills, and then leveraging that human capital through a project based environment to have predictable and quality results is a problem that makes professional services one of the most challenging. The gig economy has increased the complexity for Professional Services providers in managing their employee vs. contractor strategies.
How can Oracle and Automus help the Professional Services Industry?
Automus excels in bringing the HCM and ERP components together to drive value for our clients. Within HCM, recruiting and retaining the right people for the correct compensation is critical, as is understanding and planning for their long-term career within the organization. With the right people, you can now look at deploying them onto projects for the company. As Finance people will know, having the proper costing and billing engines are key to an efficient back office, and this is challenging in professional services organizations. How to track time and direct labor costs, overtime, overhead costs, indirect costs, and how these are costed and billed to clients can be confusing, especially as clients increasingly desire contracts that are unique to their requirements. Automus can help bring the combination of standardization and flexibility to this process and bring all of these components from recruiting and compensation, to time entry and billing and ensure these complex process flows meet industry best practices and the unique requirements of the business