Professional Services Guide
A comprehensive guide to the world of professional services.
Welcome to the Professional Services Guide by Wrike
Professional business services, also known as professional services organizations, face unique challenges and circumstances that require unique considerations. Accountants, lawyers, IT consultants, and architects are all examples of industries that are considered part of the business and professional services sector.
Barring a few exceptions, the world of business and professional services is largely about selling expertise, rather than a physical product. That expertise often helps other businesses grow and remain compliant (with tax, legal, and other requirements). That’s why the needs of these professionals can differ vastly from those in manufacturing or hospitality, for example.
Project management tools for professional services simplify essential processes like billing, time tracking, resource management, and project planning. Professional services automation also helps firms cut down on non-billable work, which can boost employee utilization and productivity.
In this professional services guide, we’ll break down some of the most important aspects to consider when running a professional services business — from billing and time tracking to professional services project management and profitability. We’ll also explain different types of contracts, how efficiency in the aforementioned areas can improve client management, and why professional services project management software is a must-have for teams of any size.
Read our full professional services guide and visit the Wrike blog for more resources and guidance on how to make your business more efficient, productive, and profitable.
What's in the Professional Services Guide
A Guide to Project Management for Professional Services02
How to manage and retain customers03
The Importance of Good Project Definition04
Resource Planning for Professional Services05
Improving Project Visibility for Professional Services07
How to Bill for Professional Services Projects08
Measuring Project Profitability for Professional Services09
How to Choose the Best Project Management Software10
Your Resource for Popular Professional Services Terminology11
Find Answers to Your Burning Professional Services Questions