Outsourced Accounting & Profitability Consulting Services for Public Affairs and Public Relations Firms
With over 20 years of combined experience, including five years in CFO roles for major public affairs firms, our team brings deep industry expertise to support your financial goals. We specialize in helping public relations and public affairs firms increase earnings, optimize internal controls, and streamline operations using cloud-based, fully integrated software solutions. Our tailored approach focuses on strategic resource allocation ensuring that your number one expense, internal labor, is also your greatest asset. Many firms we work with have limited insights into project profitability beyond gross margin. We help bridge this gap with actionable metrics, enabling a clearer view of individual client profitability and fostering better-informed pricing, hiring, training, and resource allocation decisions.
Project & Customer Profitability
Gain insight into profit drivers and discover opportunities for improvement. Our customized metrics, built into detailed profitability reports at both individual and aggregate levels, optimize labor resource allocation, refine pricing, and support strategic growth decisions all while utilizing data from your existing systems for minimal operational disruption.
Strategic Pricing Tool
Set Optimal Rates with Confidence. Our custom pricing tool, built on your historical data and industry insights, helps you evaluate profitability across various retainer, billback, and markup levels. With detailed labor costs and external expenses needed to service the contract, you and your team can confidently negotiate fees aligned with your firm's profitability goals.
Labor Utilization
Optimize Staff Performance and Resource Allocation Labor utilization is key to understanding the productivity and profitability of your team. By tracking employee hours spent on client work versus other responsibilities, we help your firm understand utilization, and if desired, set targets. We work with your existing accounting and time entry systems to create customized utilization and profitability reports, offering precise insights to drive improvements.
Resource Allocation
Align Internal Labor Costs with Project Profitability If your firm isn’t already tracking labor and expenses directly by project, we help set up the necessary processes and information flow to do so. This ensures that every hour and expense aligns with the contract it supports, enhancing your ability to track profitability at the project level. From this data, we create key metrics for more precise and effective project profitability analysis.