Professional services
Several entities, one view, no spreadsheet in the middle
Firms run work across legal entities, business lines and projects at once. The usual failure is that everything lands in one set of books and nothing can be seen on its own, or in separate books and nothing can be seen together.
What the sector is up against
Entities and projects fight each other
A holding, its subsidiaries and the projects inside them need both separation and consolidation. Most systems force a choice.
Shared cost has nowhere to go
One subscription serves three business lines. Splitting it is manual, so it is not split, so the margin per line is approximate.
Client and supplier are the same party
The contact exists twice with two balances, and the net position is worked out in a spreadsheet.
Billing rules outgrow the system
Retainers, instalments, discounts and write-offs become an exception process rather than a modelled one.
Find out where your operation actually stands
Four questions about how your systems hold together today. You get a position and a written read of it, not a sales call.