Navigating Workforce Disruption: The Imperative for a Purpose-Built PS Workforce Platform in the Age of AI

The future of work is rapidly evolving as technological advancements, particularly in artificial intelligence (AI), continue to reshape industries and job markets. McKinsey predicts that by 2030, around 12 million American workers may need to switch jobs, with lower-wage workers facing the most significant impact [1]. 

To address these workforce disruptions and optimize outcomes in the age of AI, businesses need a Purpose-Builtworkforce platform that can enhance efficiency, productivity, and performance insights. One company well-positioned to become the market leader in this space is Kantata, offering purpose-built technology designed for professional services organizations, making it well-positioned to become the Purpose-Built PS platform for the future of work.

Kantata: Empowering Professional Services Organizations with Purpose-Built Technology

Kantata stands out as a company with a unique vision to address the inefficiencies and challenges faced by professional services organizations. Many such companies have grappled with legacy Professional Services Automation (PSA) solutions or tried to adapt ERP or CRM solutions to their specific needs, leading to frustration, inefficiency, and limited competitiveness [1]. Kantata recognizes that generic solutions fail to meet the industry's unique demands and, therefore, developed the Kantata Cloud for Professional Services™, a purpose-built technology tailored to address the needs and realities of professional services organizations.

The Kantata Cloud's Product Offering

  • Platform-Enabled Resource Optimization Capabilities: The Kantata Cloud's resource optimization engine enables dynamic management of human talent, matching the right person to the right project at the right time [1][2]. By considering data from across business processes, it allows for real-time adjustments to changes in supply and demand, enabling professional services organizations to precisely determine the ideal mix of resources for optimal outcomes on every project and practice area.

  • Purpose-BuiltData Model for Enhanced Visibility: One of the key technical advantages of the Kantata Cloud is its Purpose-Builtdata model, aligning business data, client project data, and workforce data in a single source [2]. This near real-time perspective into ongoing projects empowers businesses with effective resource optimization and data-driven decision-making without relying on fragmented spreadsheets.

  • Deep Industry Expertise for Operational Excellence: Kantata leverages decades of domain expertise mapped to the operational realities of professional services organizations [2]. This foundation allows the Kantata Cloud to provide clear paths for transforming financial and operational outcomes while improving practices and processes tailored to each organization's specific needs.

  • Streamlined Integrations, Workflows, and Automation: The Kantata Cloud provides the first purpose-built integration platform for service organizations [2]. By seamlessly connecting to existing in-flight solutions like Salesforce, NetSuite, Concur, and others, it enables configurable workflows, maximizing efficiency and ROI across the organization's tech stack.

  • Built-in Talent Network Frameworks: The Kantata Cloud's talent network capabilities enable access to subcontractor networks through sister companies, partner firms, and individual contractors [2]. This feature addresses the increasing reliance on contract resources, expanding the resource pool and empowering professional services firms with limitless scaling options.

The Power of a Purpose-BuiltWorkforce Platform in the Age of AI

As AI and automation reshape the job landscape, businesses must adapt to the changes to remain competitive. Kantata's purpose-built technology for professional services organizations positions it as a leading candidate to become the Purpose-Built PS workforce platform of the future. 

By harnessing the potential of AI, the Kantata Cloud provides businesses with real-time data, predictive analytics, and personalized learning pathways for upskilling and reskilling initiatives [2]. This empowers companies to optimize workforce allocation, identify talent gaps, and align human resources with critical business outcomes, fostering growth and success in an ever-changing market [2].

The rise of AI and its impact on the workforce necessitates a paradigm shift in workforce management. The need for a Purpose-Built PR workforce platform that can integrate data, analytics, and AI-driven insights is more critical than ever. Kantata, with its purpose-built technology for professional services organizations, offers a comprehensive solution that can enhance workforce efficiency and productivity, empower business leaders to make informed decisions and navigate workforce disruptions effectively. Embracing such platforms and investing in employee reskilling and upskilling will pave the way for sustainable business growth and success in AI-induced workforce disruptions.

References:

  • McKinsey. (Date not provided). Link

  • Kantata Software. (Feb. 21, 2023). Link

  • Kantata Software. (Feb. 16, 2023). Link

  • Kantata Software. (Date not provided). Link

  • Business Wire. (Sep. 07, 2023). Link

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