Professional Service firms have unique planning and reporting requirements that typically include a dimensionality around clients and projects. KeenVision works with clients to provide project based Advanced Planning capabilities.
Planning for Professional Service firms has particular challenges in the forecasting of revenue as project revenue attainment can be based on a variety of factors. KeenVision has worked with clients to tailor Revenue forecasting around their project revenue recognition rules - percent based, milestone based, time and materials based and others.
Resource Planning can be another complex planning area for firms providing service based contracts. Resource planning in Advanced Planning applications can involve the assignment of resource cost to projects as well as views to understand the utilization of team resources.
KeenVision has also worked with Product Development organizations to design and develop Planning applications across R&D projects including rules based Development Capitalization and Amortizations.