IT & Technology Consulting Firms
The Payroll-AR Timing Mismatch Consulting and staffing firms operate two clocks that rarely run at the same speed. Payroll runs on a fixed biweekly or weekly schedule, and it does not wait for a client's accounts payable process to catch up. Client collections, by contrast, run on whatever cycle the client's terms and internal approval...
Why Retainer Billing Still Gets Missed Manually A recurring invoice that depends on a person generating it, even on a predictable schedule, is still exposed to the same risk as any other manually triggered process: it depends on that person's attention on that specific day. MSP billing research from Syncro notes that when a firm's...
Timesheet Cutoff Inconsistency A billing cycle is only as reliable as the cutoff behind it, and many staffing and IT consulting firms do not enforce that cutoff consistently across consultants or clients. Guidance on reducing late payments in staffing agencies makes the point directly: a large share of staffing payment delays trace back to a...
Why Three Billing Models in One Firm Creates Risk A project engagement bills against a milestone. A retainer bills on a fixed calendar date. Staff augmentation bills against an approved timesheet for hours actually worked. Each of these triggers behaves differently, is tracked in a different place, and depends on a different person noticing that...