Kantata

Let’s be honest, juggling spreadsheets and disconnected tools isn’t working. It’s slowing you down, creating silos, and making it harder to make the right business decisions. It doesn’t have to be this way. Kantata’s Next Generation PSA is built to help you break free from outdated tech and manage resources, projects, and finances in one seamless solution. Learn more: www.kantata.com

💡 The CFO role is evolving, fast. No longer just financial stewards, today’s CFOs are Chief Value Officers, shaping strategy, driving operational efficiency, and leading technology investments. At Kantata’s recent CFO Forum Networking Breakfast, our Chief Product Officer, Sarah Edwards, led a conversation with finance leaders in professional services about the biggest challenges and opportunities ahead. One key theme? The CFO’s expanding role in business transformation. 🔹 Finance as the catalyst for operational excellence 🔹 The power of financial discipline and cash flow management 🔹 AI’s potential to reshape finance—along with the hesitation to adopt 🔹 The CFO’s growing influence over technology investment As one CFO put it, "CFO is not a finance role. It is a strategic business role whose mandate is finance." And that shift is happening now. Read Sarah’s full insights from the discussion: https://okt.to/y8wKeE

Join host Banoo Behboodi, PMP, MBA as she sits down with Monique Ludwig, Director of Global Services PMO at Ciena, to explore the evolving landscape of professional services, operations, and resource management. With 30 years of experience in technology and project management, Monique shares expert insights to help you navigate common challenges and future-proof your team. 🔍 Key takeaways from this episode: ✅ Common mistakes in service operations (and how to avoid them) ✅ Why alignment & collaboration are crucial for success ✅ Strategies for staying ahead with skill development & new technologies Listen now: https://okt.to/NdIMmu

💖 Love is in the air - and we're feeling it from our amazing customers! 💖 This Valentine’s Day, we’re embracing the appreciation and passing it right back to you. Because love isn’t just words—it’s action. So go ahead, treat yourself, invest in your success, and know we’re always here to help you win. ❤️ https://okt.to/9QtcI5

Does your firm know exactly where it’s making money? 💰 Revenue recognition isn’t just about compliance, it’s about financial clarity. ASC 606 sets the standard for recognizing revenue, ensuring consistency and accuracy. But let’s be honest: it’s complex. So, let’s break it down. Here’s the five-step model that guides revenue recognition: 1️⃣ Identify the Contract – Does ASC 606 apply? 2️⃣ Identify Performance Obligations – What are you delivering? 3️⃣ Determine the Transaction Price – How much will you earn? 4️⃣ Allocate the Price – Split revenue across obligations. 5️⃣ Recognize Revenue – When the customer gets value, you get paid. For professional services firms—whether dealing with T&M contracts, fixed price agreements, or retainers—getting this right is critical. Strong financial management software helps ensure compliance, streamline reporting, and provide real-time visibility into revenue. 📊 Want to ensure your firm is recognizing revenue accurately? Let’s talk. https://okt.to/o4yzvw

If your organization is struggling with bottlenecks, inefficiencies, and missed growth opportunities, it’s time to take a hard look at what’s holding you back. Join us for an exclusive deep dive into the 2025 PS Maturity™ Benchmark with Dave Hofferberth (SPI) and Charles Gustine (Kantata) as they uncover: ✅ The hidden costs of inadequate tools and processes ✅ How top-performing firms are eliminating roadblocks ✅ The key differences between firms that scale—and those that stall ✅ How purpose-built solutions drive sustained success 📅 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬, 𝟮𝟬𝟮𝟱 | 🕗 𝟴 𝗔𝗠 𝗣𝗦𝗧 / 𝟭𝟭 𝗔𝗠 𝗘𝗦𝗧 This isn’t just another “state of the industry” talk—it’s a reality check. The firms that win in 2025 will be the ones that act now. Will yours be one of them? 👉 Save your spot today! https://okt.to/ONqojQ

To stay competitive in 2025, firms must embrace data democratization—not just as a means of access, but as a way to drive alignment, innovation, and trust across all levels of the organization. As Martin Beil, Principal Product Manager at Kantata, explains: "The traditional siloed approach to data access is no longer viable in a world where agility and responsiveness are critical. AI will play a pivotal role in this transformation, delivering insights to the right people at the right time—so decision-makers aren’t searching for insights, but insights are finding them." With AI-powered tools, firms can unlock data’s full potential, ensuring employees at every level understand how their work contributes to business goals. The result? Faster, smarter, and more aligned decision-making. How do you see AI shaping data-driven decision-making in 2025? Share your thoughts below! ⬇️ #ProfessionalServices #DataDemocratization #GoKantata

Data silos are one of the biggest barriers to success in professional services. While they might keep information secure, they also limit the flow of real-time insights that drive smart, impactful decisions. 📊 42% of professional services firms see data silos as a major challenge, according to S&P Global. And the hidden costs? They add up fast. Poor data quality alone costs businesses $12.9M annually (Gartner). When your teams don’t have complete, real-time visibility, you face: ❌ Blind spots in financial reporting ❌ Poor project performance & budget overruns ❌ Productivity loss from fragmented data The good news? There’s a better way. ✅ Integrated systems unlock real-time data visibility ✅ Data governance strategies break down silos ✅ A centralized data approach enables smarter forecasting ✅ Modern software solutions streamline operations 💡 How is your firm tackling data silos today? Let’s discuss in the comments. https://okt.to/KhD8MZ

The professional services industry is entering a new era, one where success isn’t just about automating tasks but optimizing the outcome. As Sarah Edwards, our Chief Product Officer at Kantata, puts it: "Thriving firms will use AI as a collaborative tool to enhance decision-making, deliver greater value, and exceed rising client demands while keeping employees engaged in previously unimaginable ways." AI is no longer just an efficiency tool—it’s a strategic advantage. Firms that embrace it will stay ahead by unlocking new levels of innovation, agility, and client impact. How do you see AI transforming professional services in 2025? Drop your thoughts below! ⬇️ #ProfessionalServices #AI #FutureOfWork #Kantata

In professional services, operational efficiency isn’t just a goal, it’s a competitive necessity. Firms that scale successfully aren’t just working harder; they’re working smarter, leveraging technology that optimizes resource allocation, improves billable utilization, and streamlines project management. The Kantata State of the Professional Services Report revealed a critical insight: leaders overwhelmingly recognize that technology is the key to unlocking efficiency—but making the right investment is the challenge. 🔹 72% of leaders believe the right solutions would significantly impact operational efficiency. That means firms are actively looking for ways to cut inefficiencies and maximize profitability. 🔹 32% believe the impact would be absolute. They see technology as a game-changer, not just an incremental improvement. 🔹 82% of decision-makers are ready to invest. The intent is there, but the question remains: Where should they put their money? 💡 Why does this matter? Because choosing the wrong tools can be just as costly as doing nothing. Investing in disconnected, generic software leads to wasted resources, low adoption, and missed opportunities. 🔎 How is your firm approaching technology investment in 2024? Are you seeing real efficiency gains from your current tools? https://okt.to/KbBcY3