Before the emergence of the on-demand workforce, professional services firms and staffing firms each represented opposite ends of a spectrum. Professional services firms have historically offered advisory and consulting services that have come with long-term engagements involving teams with deep expertise, and, often, hefty price tags. In contrast, traditional staffing firms have focused on offering clients cost-saving alternatives to hiring full-time employees but have not necessarily provided guidance on how to improve their clients' overall business processes.
With the emergence of the gig economy, the line between professional services and staffing is beginning to blur. Professional services firms are moving to more flexible business models and are looking to capitalize on an on-demand workforce. Conversely, staffing firms are looking to provide more value-added services to their clients and become more embedded within their clients' organizations as strategic advisors.
How can professional services firms and staffing firms reap the benefits of combining the best aspects of both types of businesses? During this Webcast, we will explore how finance leaders from these firms can enable their companies to:
- Achieve economies of scale by tapping into an on-demand workforce,
- Identify opportunities to optimize talent, as well as recruit and retain the right employees, and
- Understand financial implications, including effects on profit margins, when determining whether and how to bring together a variety of business models.