Professional services firms (consulting, IT services, engineering, legal, creative) live on talent, time and trust. Their models are changing: clients expect faster delivery, greater transparency, global collaboration, and outcome-based pricing. Firms must optimise resources, accelerate billing and remain agile in a world where time is money. Faramond Technologies helps service-based firms modernise their end-to-end operations with Oracle Cloud — from opportunity through delivery, billing and insight.
1). Resource Allocation & Utilisation – Matching the right talent to the right project, in the right location, with the right skills, while optimising utilisation rates.
2). Billing Complexity & Revenue Recognition – Multi-model engagements (fixed price, retainer, time & materials, outcome-based) require flexible billing and revenue recognition aligned with IFRS 15/ASC 606.
3). Project Visibility & Margin Control – Many firms lack clear, real-time visibility into project health–when the budget is going off track, when costs escalate, when client-deliverable timelines slip.
4). Global Operations & Local Compliance – Delivery across geographies means local taxation, inter-company billing, transfer pricing, labour cost variance and regulatory compliance.
5). Client Experience & Collaboration – Clients expect not just deliverables but dashboards, portals, real-time status, performance insight and seamless collaboration.
6). Scalability & Change Management – As firms add markets, service lines or delivery models, systems must scale without creating complexity or governance risk.
At Faramond Technologies, we bring:
We bridge sales, delivery and finance into one flow, so opportunity links to project, links to billing, links to financials.
We bring deep expertise in Oracle Cloud for Services (not just manufacturing or finance) — meaning we understand utilisation, bench management, revenue recognition.
We build scalable frameworks for firms expanding across geographies, service lines or delivery models.
We enable value-driven services by giving firms real-time insight into cost, margin and resource availability.
We operate with enterprise governance and change management — keeping your practitioners productive while system change happens behind the scenes.
Our analytics capability for professional services includes:
Utilisation dashboards: billable %, bench time, skill gaps.
Project health dashboards: budget vs actual, margin by client, scope change alerts.
Forecasting: pipeline to revenue, resource demand vs supply, skills shortage mapping.
Client insight dashboards: live cost, deliverables, engagement KPIs and SLA compliance.
Forecasting: pipeline to revenue, resource demand vs supply, skills shortage mapping.
A global IT consulting firm implemented Oracle Project Management, Resource Management and Analytics Cloud with Faramond. Result: Utilisation improved from 68% → 82%, billing cycle reduced by 30%, and margin visibility improved across 10 service lines.
Proven track record of Oracle Cloud services industry deployments.
Deep understanding of service delivery models, resource-intensive business operations and consulting firm economics.
Ability to deliver full stack: CRM → project → finance → analytics.
Scalable, global delivery experience.
AMS support with service-model mindset: we treat you like a services firm too.
