Have you ever had a partnership with a consulting firm that went horribly wrong? Do you now consider “consultant” to be a four letter word? If you do, you’re not alone. 

There are far too many consultants out there who don’t communicate, don’t deliver what was promised, and take no accountability for messing up your system. 

But not using consultants at all means you also miss out on the consulting firms who have curated a team of business experts. The kind of people who get called in to fix the messes of other consulting firms. The people who can take your Yardi implementation from a business loss to a business asset. 

The good consultants see themselves as business partners, who are able to bring value to your business through:

 

  • Specialized Skill Sets. There is high demand for Yardi experts with specialized skills and in-depth knowledge in accounting, property management, and specific verticals in Yardi. Good consulting firms curate a team of experts with valuable insights and guidance that can help you navigate complex challenges and make informed decisions. A team that adds value to your organization, and can help make your business goals reality.
  • Fresh Perspectives. External experts offer fresh perspectives on an organization’s operations, processes, and strategies. Their external viewpoint can uncover inefficiencies, identify opportunities for improvement, and provide innovative solutions that may have been overlooked by internal teams. This fresh perspective is invaluable in driving organizational innovation and adaptability.

  • Access to Networks. Industry experts often have extensive networks and connections within their respective industries. By partnering with expert consultants, businesses can gain access to valuable contacts, potential partners, and industry insights that can help them expand their reach and create new business opportunities.

  • Flexibility and Scalability. Business partnerships with external experts offer a flexible and scalable approach to accessing specialized expertise. Instead of hiring full-time employees for specific projects or initiatives, businesses can engage consultants on a temporary or as-needed basis, allowing for greater flexibility and cost-effectiveness.

  • Risk Management. External experts can provide valuable risk management strategies and advice to help businesses navigate uncertain and volatile market conditions. Their expertise in identifying and mitigating risks can help businesses make more informed decisions, ultimately minimizing potential negative impacts on their operations and financial performance.

Because they see themselves as valuable business partners, good consultants are interested in long term, mutually beneficial relationships. They are motivated to add value and contribute to your success however they can. 

But how do you make sure that you’re getting a consultant that’s a genuine business partner instead of a lemon? 

Find out in Part 2 of our series, or get in touch. 

Business Partnerships Part 2: Separating the Good from the Bad

Business Partnerships Part 3: Top 5 Pillars to Good Partnerships