Businesses which excel in identifying and managing risk significantly better than others in the field reap a competitive advantage. Professional Services Automation using augmented intelligence offers the potential to do this more effectively.
In many organizations, senior staff, who have built up knowledge and experience of their sector over many years, are the only ones who can assess risk effectively. PSA, however, offers a way to share that knowledge across the business. Drawing patterns from the data gathered from previous projects means likely issues can be predicted. It can also spot dangerous trends – for instance, margins slipping in a particular area.
Download Kimble’s new Best Practice Guide, Five Steps to Strategic Risk Management.