At ProForecast we look at our relationship with our users as a partnership and we are determined to provide you with the best forecasting tool possible. As no two businesses are the same, we are working to tailor our software to as many diverse business models as possible.
So, no more shoehorning your business into a revenue model that doesn’t fit. In addition to business models we already offer, such as manufacturing, products and services, licensing and many more, ProForecast now offers a Professional Services Business Model Forecasting.
Professional Services Forecasting
This model uses Fee Earners to create revenues but can work in conjunction with the products module to generate a cost of sales.
Key revenue drivers for professional services forecasting model:
- Number of Fee Earners
- Hourly rates
- Capacity/Availability in hours per annum
Key Cost Drivers for professional services forecasting model:
- Fee Earners Salaries
- % of Sales linked to the sales of products
- Direct Costs as a percentage of those product-based sales
- Direct costs as a percentage of non-product based sales
- Sales commissions
In order to appropriately use this model, before setting up, the fee earners must be set up as employees or consultants with the salaries module for each revenue generating professional services department.
If you are interested in looking at this feature in action or would like to purchase a ProForecast package, get in touch and to learn more about features on our packages!