Project Accounting

Effectively Invoice Clients for Better Cash Flow and Customer Experience

Knowing the correct amount to bill isn’t always easy. Billing for projects with multiple deliverables spread over weeks, months or even years requires detailed project tracking. Keeping an accurate record of tasks completed, hours worked, pass-through costs and other details is essential whether your invoicing is based on milestones, completion percentage, fixed fee, or simply billing for time and materials.  

 

Companies in industries like consulting, software, engineering, construction and other services based and project-based organizations, where project billing is common, can find this process especially challenging when employees are working in simple spreadsheets or when project and financial systems are disconnected. 

 

Download this whitepaper to learn the common billing challenges and how to overcome them.