Category: Industry Perspectives
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Why ASC 606 Matters to Professional Services Organizations

Does your professional services organization know exactly where it’s making its money, or just where it thinks it is? Revenue recognition is the mechanism that closes that gap, defining precisely when and how revenue is earned throughout the accrual accounting process. For professional services organizations, that distinction is everything. Revenue is rarely earned all at…
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Looking Ahead: 7 Trends & Predictions for Professional Services in 2026

The calendar may say 2026, but the shift in the professional services industry has been happening for some time. Across consulting, agencies, and technology services firms, leaders are feeling the pressure from every direction. Clients are more outcome-driven. Talent is harder to scale. Delivery models are evolving faster than org charts can keep up. And…
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The Productivity Multiplier: More Projects, Zero Added Headcount

When professional services firms talk about efficiency, they often point to automation or incremental gains. The organizations IDC studied for The Business Value of Kantata were aiming higher. They wanted to change how work happens. What they found wasn’t just a better way to manage projects, but a model that helped them deliver more value…
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The 3 Pillars of AI Maturity

AI has already rewritten the rules for professional services. The firms moving fastest aren’t simply experimenting with it — they’re reshaping their entire operating models around it. The real differentiator now is AI maturity: the ability to weave artificial intelligence into the core of how a business thinks, plans, and delivers. AI maturity goes beyond…
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The Collision of Compliance & Innovation: How AI is Changing the Game for IT Leaders in PS Firms

AI is fueling a new wave of growth across industries, and professional services (PS) firms are no exception. From code generation to workflow automation, artificial intelligence is transforming how work gets done. But as innovation accelerates, so do concerns around compliance, governance, and data security. For IT leaders, this creates a high-stakes balancing act that…
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12 ERP Alternatives Every Professional Services Business Should Know

TL;DR ERPs were built for general business operations, not the project-based complexity of professional services — and the workarounds that gap creates are costly. PSA platforms, cloud financial management systems, workforce management solutions, and CRMs each address what ERPs fall short on, and knowing which category fits your firm’s biggest operational gap is the starting…
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Why Leading PS Firms Are Choosing Kantata Over OpenAir

If you’re a NetSuite OpenAir user, you’re probably tired of waiting for promised features that never come, dealing with inflexible systems and having to make constant modifications to support your professional services needs. But there’s no need to keep suffering through the same everyday frustrations that define your OpenAir experience. It’s time to check out…
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The New State of Professional Services Is Here — Where Does Your Company Fit?

The following is an excerpt from Kantata’s new State of the Professional Services Industry 2024, written by Kantata CEO Michael Speranza. Click here to read the full report. The last few years have been defined by a backdrop of economic uncertainty that necessitated response to a rapidly evolving business environment. Firms rose to the challenge…
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Unpacking the State of Professional Services With John Ragsdale

Kantata has just unveiled its highly anticipated State of Professional Services Report, offering fresh, insightful perspectives on the current state and future trajectory of the industry, all derived from candid feedback from global companies. What do these revelations indicate about the market? How does your business stack up against your top competitors? Navigating these insights…
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82% of Professional Services Firms Willing to Embrace Tech Overhaul Amid Complex Industry Challenges

Nearly Half of Organizations Set to Implement Specialized Solutions, Signaling a Major Shift Toward Purpose-Built Tools IRVINE, Calif., and LONDON – November 14, 2024—Kantata, a leading global supplier of purpose-built technology for professional services, announced its new State of the Professional Services Industry study today. The study unveils a complex landscape in which professional services…
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Kantata Converge Unveils the Future of Professional Services Software

Kantata Converge 2024 has officially wrapped up, leaving behind a treasure trove of groundbreaking features and transformative updates to the leading software solution in professional services. Yeah, we know, it sounds fancy, but this was a conference we wanted our customers to remember. Held from October 15 through 17, Converge 2024 brought together Kantata users…
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Kantata’s 2024 Catalyst Awards: Spotlighting The Best in Professional Services

The realm of professional services thrives on the dedication, creativity, and results-driven mindset of its people. At Kantata, we take immense pride in highlighting the exceptional strides made by individuals who have pushed boundaries, driven change, and made a lasting impact on their clients and the industry with the prestigious Kantata Catalyst Awards. This year,…
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Why 2024 is the Year for Agency Transformation

By Brent Trimble, Vice President of Value Engineering This article was originally published in the SoDA Report on Agency Transformation which was developed in partnership with Kantata. In the fast-paced world of marketing and agency services, embracing change is non-negotiable. Transforming your agency’s business processes might seem daunting due to the sheer effort and planning it requires,…
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Navigating the Professional Services Landscape: Top Business Trends to Watch

By Ken Ringdahl, CTO This article was originally published on Forbes on June 12, 2024. The professional services industry is experiencing unprecedented disruption. The combined impact of recession fears and rapidly evolving technology is transforming the market and separating leaders from the rest of the pack. Recent research from S&P Global Market Research, commissioned by Kantata, highlighted…
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Two Birds, One Stone: Optimizing Capacity Planning and Revenue Forecasting Through a Holistic Approach

In the intricate ecosystem of professional services, where every project demands a unique blend of talent, the significance of accurate forecasting cannot be overstated. Imagine a firm with a 20-person resource pool endeavoring to staff two projects with seven open roles. That doesn’t sound that daunting at first glance, right? But the permutations for resourcing…
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The Top 5 Project Management Challenges the Professional Services Industry is Facing in 2024

In the realm of professional services, project management has always posed a challenge, no matter how experienced managers and their teams are. There are so many factors to consider – project managers need to consider how any decision they make will impact the project budget, the timeline, the scope, the satisfaction of the client, and…
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Benchmarking for Success: Performance Measurement in Professional Services

In the fast-paced world of professional services, staying ahead of the competition requires not just hard work and talent but a strategic approach to performance measurement. Understanding how your organization measures up against industry standards and the highest performers in your sector is crucial. Benchmarking, particularly against well-established professional services KPIs, offers a clear, data-driven…
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How Technology Solutions Empower Professional Service Organizations

By Ken Ringdahl, CTO at Kantata This article was originally published on Forbes on January 24, 2024. In the dynamic and competitive world of professional services, organizations require more than just talented workforces and insightful managers to thrive. Furthermore, while AI and LLMs offer a lot of promise, they require careful evaluation based on specific…
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Introducing the 2024 SPI Professional Services Maturity Benchmark

From Ken Ringdahl, Chief Technology Officer, Kantata This is an excerpt of Kantata’s introduction to SPI’s 2024 Professional Services Maturity Benchmark report. Click here to download the full report for free. As we enter a new year, we are excited to share insights from the 2024 edition of the annual Service Performance Insight (SPI) Professional…
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Financial Data as a Planning Tool: 4 Tips for Nonprofits

By Jon Osterburg, Chief Operating Officer, Jitasa Between managing your programs, ensuring IRS compliance, and improving donor relations, your nonprofit’s financial data is crucial for optimizing many essential processes. But what if you could use your financial data to manage more than day-to-day operations? To achieve sustainable growth, your nonprofit needs to create a strategic…
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Navigating Talent-Centric Challenges in Professional Services Organizations

Professional services is an innately people-centric discipline. Talent is the key driver of success in the industry. Your people and their skills are the lifeblood of your professional services organization. As such, managing and retaining the best and brightest talent poses one of the greatest challenges for leaders today. This is reflected in the 2023…
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Kantata Hosts Webinar On Optimizing Business Performance Through Talent Engagement

Join Industry Experts Dave Hofferberth and Charles Gustine for Key Insights from SPI’s 2023 Professional Services Talent Benchmark IRVINE, Calif., and LONDON – November 30, 2023 – Kantata, the leading global supplier of purpose-built technology for professional services, is hosting a webinar on December 7, 2023, at 11 am ET. In this webinar, Dave Hofferberth,…
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The State of the European Professional Services Market: Today’s Biggest Resource Management Challenges & Opportunities

by Lucy Butterton, VP of Product Management at Kantata, and David Anheier, Associate Partner at entero AG Resource management is a challenging endeavour for any professional services leader, but operating in a dynamic European market adds another layer of complexity. In Europe, the art and science of maintaining the precise balance of team members needed…


























