P&L for Professional Services
Industry: Professional Services
Use case: P&L for a niche consulting & professional services firm
The following P&L statement for a professional services firm helps analysts and decision-makers with the following:
- Track revenue and expense items by their key lines of businesses (Services & Training)
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Measure average billing rates & utilization metrics by customer segments (Key vs Emerging Accounts)
- Track expenses allocated to the LoBs and corporate levels
- Measure gross margins by the line of business and overall organization
- Track performance against budget
- Plan & budget for new business cycles
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