Professional services businesses are constantly seeking ways to streamline operations, boost productivity, increase profit, and deliver exceptional client value. For these businesses, Artificial Intelligence (AI), is poised to redefine how companies operate. AI, when integrated into software applications like Accelo, is more than just a fad, but rather a tool that provides transformative operational advantages – from automating mundane tasks to enhancing decision-making to delivering personalized client experiences at scale. It’s a fact that AI-powered tools are both driving efficiency and only getting better with time. This leap in technological capability is unlocking new levels of profitability, helping businesses gain an edge in their respective industries to do more with less, and positioning businesses to thrive in an increasingly competitive landscape.
Accelo recently published a whitepaper in which notable comments from McKinsey and Company were included, stating that AI investments in Professional Services Automation (PSA) are expected to offer long-term value with an anticipated 30 to 40% boost in profitability across professional services industries by 2030. As Artificial Intelligence technology continues to advance, its impact on the professional services industry will become more and more pronounced. We believe in the benefits of AI and are investing in Accelo’s AI platform capabilities to follow suit. In fact, through 2025 and 2026, Accelo is positioned to deliver multiple analytical and AI capabilities to help professional service businesses drive efficiency and profit.
AI plays a big role in the future of Accelo’s product roadmap. We are working to enhance AI capabilities across our product – focusing on the following principles guiding our AI investment:
1.) Project optimization through AI
2.) Project level financial and profit optimization through AI
3.) Portfolio level growth, optimization, and governance through AI
As we’ve surveyed customers across markets, profit and efficiency are consistently named as the most important business drivers. Professional service teams that come to Accelo for a solution to up-level their business operations are fully able to engage and help deliver strong outcomes for clients, but when combined with AI capabilities to optimize how they evaluate profit, projects, staffing, and risk points, Accelo provides a powerful set of capabilities to help a business best manage and grow their firm without disruption to their already successful business.
<10-profitability-essentials>
Accelo plans to deliver on some of these areas – profit evaluation, projects, staffing, and risk points – by optimizing resource assignment and scheduling recommendations for work based on historical delivery of work, Accelo’s ability to surface risk points for inflight projects that impact profit and profit margin or delay revenue recognition and make recommendations for resolution, will help surface the most pressing project risks across our customers’ portfolio of business. This kind of business intelligence and reporting will allow business owners, managers, and teams to ensure each customer’s projects and profit remain on track.
Below are some examples of our direction as we build Artificial Intelligence (AI) and Machine Learning (ML) into our platform.
We’re excited about how our AI investments will benefit our customers in the future and for the delivery of new capabilities in the new year. Now is the time for firms to assess their professional services automation (PSA) strategies and explore solutions. The professional service businesses who integrate AI into their operations today will be well-prepared for future challenges and opportunities, leading to increased profitability and sustained growth. Reach out and Book a Demo or explore more about Why Accelo is the right solution for your business.
