Factor is a firm profitability tool that gives you all the tools you need to manage your firm but with a focus on metrics that empowers you, at the same time, to grow your firm. But many companies that are considering Factor want to know the backstory. In other words, not what Factor is but why Factor is.
If you’ve succeeded in growing revenue but aren’t seeing profitability keep pace, you aren’t alone. That was the position we were in for years, and it’s an issue for many companies today. In our case, we learned that relying on the typical, single-focus firm management systems for project tracking, resource scheduling, and other tasks wasn’t giving us the holistic perspective we needed to run our business effectively, grow profitability, and increase firm valuation.