About the author
Lucas Rachner is one of the co-founders and managing directors of rwQUANTICAL. Before his time as a founder, he worked in Finance Transformation Consulting at PwC. Through his many years of experience in management consulting, he has witnessed a wide range of challenges across various industries. Early on he realized that strategic consulting alone is not a futureproof business model and that a combination of data, strategy, and technology will be more sustainable. Thus, he implemented this core philosophy at rwQUANTICAL.
In addition to its consulting business, rwQUANTICAL now develops a variety of software solutions. This includes QUANTICAL.ERP, a software solution for project service providers that maps everything from time tracking and invoicing to other core business processes like leave management. Lucas Rachner's writing style is of direct and unvarnished nature, soberly shedding light on the shortcomings as well as the opportunities in today's corporate landscape.
Areas of expertise
- Finance transformation
- Consulting economics
- Project profitability
- Day-rate calculation
- ERP for professional services
More articles by Lucas Rachner
How to Calculate a Consulting Day Rate: Formula, Benchmarks, the Margin Mistake
A day rate from the gut never holds up. The formula, a worked example, DACH benchmark bands - and the calculation mistake almost every firm makes.
5 Reasons Why Excel Time Tracking Is Costing You Money
Excel is not a time tracking system. An ROI calculation shows: switching saves a 10-person team over €48,000 per year.
