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)
  • 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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