Webinar Recap: How to Prevent Revenue Leakage in IT Projects

We would like to extend a huge thank you to everyone who joined our latest webinar! The topic of hidden revenue leaks in IT projects (revenue leakage) sparked lively discussions and highlighted how crucial it is for companies to maintain full financial control to protect project margins and overall profitability.

Revenue leakage can silently impact the bottom line of IT projects, sometimes reducing profitability by even double-digit percentages. Often unnoticed, these gaps can lead to significant financial losses if left unaddressed. Our webinar aimed to provide practical strategies for identifying and preventing these issues.

During the session, we covered key topics including:

• Budgeting for T&M (Time & Materials) and Fixed Price projects: Learn how to plan budgets accurately to prevent unexpected overruns.
• Resource planning and utilization control: Ensure that your team’s time is allocated efficiently to maximize productivity and project profitability.
• Efficient time tracking: Discover tools and techniques for recording work hours seamlessly, reducing errors and administrative burden.
• Invoicing and receivables management: Maintain smooth cash flow by streamlining invoicing processes and monitoring outstanding payments.

For those who couldn’t attend or wish to revisit the insights shared, the full webinar recording is now available on our website and YouTube channel. This is a great opportunity to review the key takeaways and implement them in your projects.

We are thrilled by the enthusiastic participation and engagement from our attendees, and we look forward to welcoming you to our upcoming webinars. Stay tuned for future events where we continue to share practical tips for optimizing IT project management and financial control.

Watch the webinar recording here: