Deltek surveyed more than 300 agency professionals at the start of 2021, and found 61% are producing more work and offering more services than they did a year ago, but only a quarter (25%) had seen profit margins rise.

Little wonder, then, that profitability was a key business focus for 58% of those surveyed, while 53% said that a more profitable business strategy was one area in which their agency could improve.
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Look at an efficient ERP system selection in 8 simple steps, prepared by Epicor specialists.

1. Evaluate - form a committee of top management, functional experts and end-users and get buy-in at every stage of the selection process.
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Along with the many opportunities this transformation promises, there are three significant challenges created by the approaches and technologies of Industry 4.0:
•    Widespread integration
•    Big data
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The decision to replace or upgrade from an outdated ERP system can often be a difficult one, because after using it for so long, employees grow comfortable with it. However, despite how accustomed you are to using your outdated solution, it’s probably weighing you down.

With the speed at which technology is advancing, manufacturers can no longer afford to continue using outdated ERP systems. Read on to learn why a modern ERP system built for manufacturing business growth may be the most important step you take for the success of your company.
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Law firms were already on the path to a new digital future. But while some firms were moving slowly into the world of automated processes and digital revenue streams, the COVID-19 crisis has forced many more practices to rapidly deploy digital tools to support a remote workforce.

While the pandemic has caused the disruption, it’s also been an opportunity for previously reluctant firms to start discovering the benefits of new digital workflows. Whether your firm is just dipping its toes into the digital pool or it’s grown its technology footprint over the last year, the pandemic has made something abundantly clear to law firms: now is the time to digitalize.
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This brochure will provides you with practical tips how to optimize:


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This is particularly important for professional services companies, which rely on the knowledge and skills of their employees. Soon, they will need to address the limited availability of candidates, the improvement of passive recruitment techniques, the offer of competition, and the alignment of HR activities with the company's strategy.

Talents’ shortages
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The report’s findings show that companies across the globe are embracing technologies to offset the impacts of global volatility, such as COVID-19 and supply chain disruptions. These market conditions are fueling the need to enhance business resilience over the next 12 months, with companies prioritizing better technology (41.4%), better planning (38.9%) and working more efficiently (40.9%). Other key themes identified through the research is listed as followed:

Investments in AI and Big Data are paying off
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However, for the activities of BD to deliver the desired results to the business rather than to be problematic, it is essential to ensure the flow of information, collaboration and communication between the business and other departments, primarily the Operations and HR departments. There are these departments that are measured in the next steps to ensure that the promises made to customers are delivered promptly. A large group of specialists with adequate qualifications to carry out the project must be provided. Besides, they must be available when needed.

This is very important for the company, as the lack of adequate resources may lead to overtime, weakening of the teams involved in other projects already underway, delays in implementation, etc. As a result, the project may become unprofitable, and both customers and employees would be unhappy.
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All you need is a few clicks, Internet development has made buying any product or service easier than ever before. E-commerce is growing at a very rapid pace. And this does not only apply to the consumer segment but also B2B. According to Forrester Research, this business segment value in the USA will soon reach $1.13 trillion. Moreover, according to another report - Global B2B E-Commerce market, the value of business-to-business sales by the end of 2020 may be greater than the electronic retail outlet. Therefore, e-commerce has become a focus of the world's distributors and industry: Gaining and maintaining customers is still one of the key challenges for them.

Practice shows that organizations investing in this business area earn higher profits than competitors. That's why the sales and marketing departments are working hard to build e-commerce strategies for the coming years. However, this is not a simple task. It requires considerable resources and a lot of valuable time.  It is, therefore, better to work with experts who, using the knowledge and experience they have acquired, will accelerate the project and increase their chances of success.
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