The Motley Fool

MAY 1, 2024

Our services and Carepoints revenue was $3.6 million from last quarter, driven primarily by timing of professional services and marketing. So together with third-party consultants and our own team, we took a fresh look on the market. million for the quarter, a decline of $7.7 We no longer have hunters and farmers.

Consultants 130

Consultants Consulting Professional Services Banks 130

The Motley Fool

MARCH 26, 2024

Matt will remain with nCino in a consulting capacity until August to help ensure a smooth transition. While I'm sorry to see him leave, we all wish him the greatest success as he pursues a new challenge and expands his professional experience beyond nCino. Professional services revenues were 16.2 revenues were $24.8

Financial Institutions 130

Financial Institutions Banks Professional Services Leveraging 130

The Motley Fool

AUGUST 22, 2024

Professional services revenue was $182 million in the quarter, leading to total revenue in Q2 of $2.085 billion, also a growth of 17%. We expect FY '25 professional services revenue of approximately $680 million to $690 million, driven by customer demand. For Q3, we expect professional services revenue of $175 million.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Education Finance 130

The Motley Fool

NOVEMBER 30, 2023

And we've established new partnerships with global management consulting companies like Bain and McKinsey. In the quarter, we did continue to see the macro trends affect our business, in particular, our professional services business, our create and close sales motion and our Slack self-service business. billion to $9.23

Professional Services 130

Professional Services Banks Leveraging Companies 130

The Motley Fool

FEBRUARY 21, 2024

Now we have professional services as a function at Olo. But as our chief revenue officer, Diego Panama, likes to say, every dollar of professional services revenue leads to a multiple of software revenue. This is, I think, a really key part of the Olo story, and I think the Engage platform is really resonating broadly.

Leveraging 130

Leveraging Professional Services Capital Accounting 130

The Motley Fool

DECEMBER 5, 2023

This will also help public and corporate leaders to better assess cyber risks and liabilities, so they can develop effective strategies and mitigate potential impacts. Q3 revenue also benefited from a stronger contribution of our professional services, driven by elevated breach activity across legacy and competing platforms.

Mergers and Acquisitions 130

Mergers and Acquisitions Liabilities Banks Capital 130

The Motley Fool

NOVEMBER 1, 2023

Finally, other services revenues were $17.6 While we are seeing higher average consulting build rates worldwide, lower customer demand for consulting projects in the current and macroeconomic environment remain a headwind to customer spend on professional services. The Motley Fool has a disclosure policy.

Education 130

Education Assets Leveraging Debt 130

The Motley Fool

AUGUST 2, 2023

Bernards is currently live with virtual nursing rooms across the organization with a plan to expand to additional hospital facilities and incorporate additional variety of capabilities, including virtual rounding, specialty services, and pharmacy consults. Our services and care points revenue was $6.3

Professional Services 130

Professional Services Leveraging Education Banks 130

The Motley Fool

AUGUST 2, 2024

Within enterprise, we also continue to see strong traction in our goal verticals, which include healthcare, financial and professional services, retail, and public sector. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. And now, on to RingCentral events.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Debt Capital 130

The Motley Fool

AUGUST 24, 2023

Beyond the full platform deals I mentioned earlier, we had a number of financial expansion wins in the quarter including the Medical College of Wisconsin, Nordic Consulting, and Rakuten. Professional services revenue was $163 million, leading to total revenue of $1.79 From a geographic perspective, the U.S.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Banks Education 130

The Motley Fool

AUGUST 3, 2023

We delivered another quarter of organic customer growth, reinforcing how well our consultative approach and capabilities continue to resonate in the market. So within the MA book specifically to the core of your question, we have seen elevated utilization of both outpatient and professional services all year. Thanks, Brian.

Leveraging 100

Leveraging Bidding Banks Consultants 100

The Motley Fool

JULY 31, 2024

And some key Q2 customer go-lives included a multinational government consulting firm that is now live on Dayforce payroll, HR, and time for all 39,000 employees in the U.S., So the remainder of that would be for professional services work. A multinational entertainment company selected Dayforce pay on time for its 9,000 U.S.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Banks Debt Accounting 130

The Motley Fool

MAY 2, 2024

These were partially offset by lower outside professional services, driven by lapping implementation costs for the company's human capital management system in the prior year. So we have an external pricing consultant out there that helps the system to make sure we're making the right pricing decisions.

Leveraging 130

Leveraging Banks Capital Returns 130

The Motley Fool

MAY 30, 2024

Earlier this month, we launched the MongoDB AI application Program, or MAP, a first-of-its-kind collaboration that brings together all three hyperscalers, foundation model providers, generative AI frameworks, orchestration tools and industry-leading consultancies. Operating cash flow in the first quarter was $63.6

Accounting 130

Accounting Banks Prospects Liabilities 130

The Motley Fool

NOVEMBER 6, 2024

On cash flows, we're guiding for free cash flow of $835 million to $850 million in fiscal '25, which absorbs the approximately $20 million of outflows for severance and consulting fees related to our go-to-market realignment. I'll get into more detail on constant-currency ARR on the next two slides. The Motley Fool recommends PTC.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Debt Leveraging Shareholders 130

The Motley Fool

OCTOBER 11, 2024

G&A expense was up 8% year over year, primarily due to the timing of technology spend last year and higher professional services expense. The consultants that we've been working with are excited. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Assets 130

Assets Leveraging Mergers and Acquisitions Mutual Funds 130

The Motley Fool

AUGUST 12, 2024

That's obviously great for the customer, could also be a source of consult for the partners as well. Partners are a significant part of our go-to-market, and we're gradually seeing and driving actually toward partners giving more and more services to our customers and helping them adopt. Roy Mann -- Co-Chief Executive Officer Cool.

Accounting 130

Accounting Companies Portfolios Finance 130

The Motley Fool

JUNE 6, 2024

There's a little bit of back and forth between the sub-revenue line and then professional services and other revenue. If you could just speak to kind of the road map there for making that transition toward a more strategic vendor in a more consultative sale. I know these things don't happen overnight.

Legal 100

Legal Banks Capital Accounting 100

The Motley Fool

MARCH 13, 2025

Cognizant Technology Solutions, one of the world's leading professional services companies for creating digital solutions, is deploying CLM across its organization to streamline agreement processes, improve efficiency mitigate risks, and create AI-driven workflows. The Motley Fool has positions in and recommends Docusign.

Leveraging 130

Leveraging Accounting Capital Companies 130

The Motley Fool

NOVEMBER 21, 2023

In Q3, WSP, one of the world's leading professional services firms closed its sixth EBA with Autodesk, a testament to our strong and enduring partnership. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has a disclosure policy.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Banks Bidding Capital 130

The Motley Fool

SEPTEMBER 8, 2023

And I think now, with generative AI, we can do a substantially better job, more seamlessly lighter weight with less professional services. We review that number with our outside compensation consultant. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Leveraging 130

Leveraging Banks Finance Financing 130

The Motley Fool

AUGUST 27, 2024

Professional services revenues were $18.5 Our customers and prospects continue to exhibit a sensitivity to consulting rates which we are addressing by more strongly recommending gold standard out-of-the-box deployments in order to reduce implementation timelines and administration costs post go-live.

Banks 130

Banks Financial Institutions Accounting Portfolios 130

The Motley Fool

DECEMBER 5, 2024

First, we have deepened our relationship with our partner ecosystem to help drive further alignment with our customers, while also focusing on enhancing our professional services strategy to better support customer engagement and adoption. The Motley Fool has positions in and recommends UiPath.

Leveraging 244

Leveraging Companies Taxes Professional Services 244

Private Equity Insights

FEBRUARY 18, 2025

Last year, the UK tax authority changed its guidance on how members of limited liability partnerships (LLPs) are taxed, sparking investigations and backdated tax claims. The BVCA argued that HMRC changed its interpretation without consultation and risked applying it retroactively.

Taxes 259

Taxes Liabilities Professional Services Venture Capital 259

The Motley Fool

NOVEMBER 6, 2024

Kate, I want to talk about the smallest line item that you guys report, which is the professional services revenue. You don't need a big consulting project with large SIs. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Good evening.

Prospects 130

Prospects Leveraging Companies Professional Services 130

The Motley Fool

FEBRUARY 26, 2025

Professional services revenue was $13.1 Prioritized Engineering Services, or TES, revenue was $5.7 As we said in prior quarters, we expect the professional services revenue, including TES, to generally stay within 10% to 20% of total revenue for fiscal '25. Our subscription and PES revenue combined was $91.4

Professional Services 130

Professional Services Consultants Consulting Liabilities 130

The Motley Fool

JULY 15, 2024

G&A expense was up 7% year over year, primarily due to the timing of technology spend in the prior year and higher professional services expense. Last month, Envestnet and BlackRock announced new programs to expand personalized investment strategies on the Envestnet platform across direct indexing, models, and portfolio consulting.

Assets 130

Assets Liabilities Leveraging Asset Management 130

The Motley Fool

NOVEMBER 7, 2024

Depending on whether you consult Gartner, Forrester, Everest, or somebody else, Appian leads in process automation or orchestration or mining or low code, etc. Professional services revenue was $30.9 As we've previously stated, professional services revenue can fluctuate quarter to quarter due to the timing of large projects.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Professional Services Banks Financial Services 130

The Motley Fool

FEBRUARY 26, 2025

We believe this will allow us to drive down support ratios and the cost of these support services as a percentage of our revenues, thus improving our margins. Finally, we're proud to announce our Agentic AI consulting practice. Our AI services service line growth further accelerated to 31% year over year in Q4, delivering $39.4

Financial Services 147

Financial Services Consultants Consulting Professional Services 147

The Motley Fool

FEBRUARY 11, 2025

Today, we have more than 500 active partners globally from large value-added resellers, solution providers, system integrators, distributors and sales consultants. Our partners touched one-third of our ARR in 2024 and many more customers through sales and service implementations. Professional services revenue contributed $2.4

Mergers and Acquisitions 130

Mergers and Acquisitions Asset Management Finance Financing 130

The Motley Fool

FEBRUARY 26, 2025

We continue to be focused on our hiring, utilizing multiple geographic locations to find the best talent, in part to rely less on professional services. And of course, we try to be helpful and consultative, but they're in the driver's seat. So, we really sort of hand the keys off to them. The Motley Fool recommends Marqeta.

Finance 130

Finance Financing Banks Prospects 130

The Motley Fool

FEBRUARY 25, 2025

We are seeing traction with mid-market customers extending across multiple industries, including construction, IT services, legal services, management consulting, finance, and insurance. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Taxes 130

Taxes Leveraging Accounting Capital 130

The Motley Fool

MAY 29, 2024

Professional services revenues were $17.7 In the meantime, we're working with a consulting firm to really package and price the correct way so we do it once to roll it out and don't have to pull it back like my [Inaudible] system updated me and I didn't like it. million we discussed for the full year. revenues were $25.8

Banks 130

Banks Financial Institutions Mergers and Acquisitions Accounting 130