12 Reasons You Should Stop Using Spreadsheets for Utilization Reporting
Success starts with timely, accurate, and powerful utilization reporting.
In the professional services world, utilization is the magic metric for maximizing profitability and business growth. Regardless of the size of your organization, a single percent uptick in utilization rate makes a big difference. Whether you’re the VP of services, a project manager, resource manager, or consultant, you likely already know that utilization is critical to your bottom line, and are always looking for better ways to track and improve it.
If you are still using a spreadsheet application like Microsoft Excel or Google Sheets to calculate utilization, it’s time to stop. Spreadsheets are extremely time-consuming and rife with potential errors. And when your margin track- ing and profitability rely on their calculations, you don’t want to worry about errors.
Thankfully, powerful, modern professional service automation (PSA) solutions make it easy to quickly and accurately automate utilization tracking without the burden of spreadsheets. Download this ebook for the top 12 reasons why you should stop using spreadsheets for your utilization reporting.