The Professional Services industry is extensive, filled with firms that provide expert services in specific fields. It’s not only large corporations; many small businesses and mid-sized firms operate here too. We are a part of this sector, serving many of its businesses with our own services.

Rapidly evolving technology and changes in workflow present significant challenges for Professional Services companies. Experts in law, accounting, and financial planning may struggle to adopt new technologies such as AI, ML, automation, and RPA, risking falling behind competitors who are. Further, hiring and retaining skilled employees, such as accountants, bookkeepers, paralegals, and virtual paraplanners, can be challenging. Companies that don’t outsource these roles may find competitiveness difficult to maintain. Evading risks and threats necessitates readiness to change and evolve in Professional Services companies, an area where our expertise proves invaluable. We proudly serve many businesses in this sector.

Professional Services corporations listed in the Fortune 1000, particularly large accounting firms, have traditionally leveraged the expertise of consulting firms, digital transformation entities, and staffing providers. These firms set the trend of outsourcing and offshoring. Large international law and financial advice firms also engage tier 1 consulting and outsourcing agencies. Until recently, smaller and mid-sized Professional Service businesses had not fully embraced external support. However, this situation is quickly changing, with many firms now utilizing staff augmentation services and investing in digital transformation through RPA, AI, and ML, bolstering their competitive standing and profitability.

Valenta is adept in all the technological advancements and innovations critical to the current dynamics of the Professional Services sector. We have comprehensive experience in handling CPA firms, Legal Practices, and Financial Planners. Our network of Managing Partners, positioned in key cities worldwide, includes many with backgrounds in the Professional Services industry. Our team, composed of onshore consultants, offshore consultants, developers, and outsourcing managers, is dedicated to providing top-tier services to our clientele.

Below are the top challenges faced by today’s Professional Services sector.  Valenta can assist with all of these challenges through a combination of Process Consulting, Digital Transformation and Staff Augmentation :

At Valenta we can aid with today’s challenges and provide services that address Accounting Firms, Legal Practices and Financial Planners needs. We can help firms automate their front end to drive billings growth.  We can also utilize RPA to perform many back office tasks required for Accounting, Financial Planning and Law and decrease margin pressure as a consequence. We can also assist Professional Services companies when it comes to staffing. We can help them retain their existing staff by automating work functions and giving them better analytics to be more productive. We can also help them retain existing employees by providing virtual staff for more repetitive routine work to help them to be more client facing and strategic. We provide new economy and information economy roles like Big Data Specialists, Developers, Cyber Security Engineers, Cloud Engineers, RPA Developers, Data Security Analysts, and more.  Valenta also provides traditional BPO services like accounting, bookkeeping, administration, billing staff, paralegals, paraplanners, digital marketers, IT staff, software administrators and more.

Valenta can help Professional Services companies in the following ways :