Your inventory is hours - account for it that way
Utilization, unbilled WIP, project profitability, and partner comp - measured continuously in one AI finance operating system, not reconstructed at quarter-end.
Why services firms fly blind between quarters
A services firm sells time, so its finance questions are about time: how much of it was billable, how much is delivered but uninvoiced, and which projects actually made money after every hour was counted.
- Utilization: a few points of billable percentage swing firm profit more than any expense cut.
- Unbilled WIP: delivered work that hasn’t been invoiced is invisible revenue and stuck cash.
- Project profitability: fixed-fee projects hide overruns until the retrospective.
- Partner comp: origination and delivery credits need clean project-level numbers to be fair.
How Fintra maps to a services firm
- AI accounting keeps project-dimensional books, so every hour, expense, and invoice rolls up to project margin.
- Month-end close values unbilled WIP and ties it to what gets invoiced, shrinking revenue leakage.
- Sales commissions handle origination and delivery credit splits for partner and BD compensation.
- Budgeting and forecasting project revenue from pipeline, utilization, and rate assumptions rather than last year plus 10%.
A worked utilization example
Revenue capacity
Headcount × capacity hours × utilization × rate = 20 × 2,000 × 70% × $150 = $4,200,000
Illustrative example: each point of utilization at this size is worth $60,000 of annual revenue (20 × 2,000 × 1% × $150), which is why Fintra tracks it weekly.
Quarter-end archaeology vs Fintra
| Workflow | Spreadsheets + generic tools | Fintra |
|---|---|---|
| Utilization | Timesheet exports summarized quarterly | Tracked continuously against target by person and team |
| Unbilled WIP | Reconstructed at close from memory and email | Valued every close and tied to invoicing |
| Project margin | Known after the project ends | Live budget-vs-actual per project |
| Partner comp | Contested spreadsheet at year-end | Credit splits computed from project-level records |
Getting started
From timesheet exports to project-level finance
- 1
Import projects and rates
Load active engagements, rate cards, and budgets.
- 2
Connect time and expenses
Hours and project expenses flow to project-dimensional books.
- 3
Close with WIP valued
Your first close shows unbilled WIP and per-project margin.
Frequently asked questions
Can Fintra track unbilled WIP?
Yes. Delivered hours and project expenses that haven’t been invoiced are valued as unbilled WIP in every monthly close, and the balance is tied to subsequent invoicing. That makes revenue leakage - work delivered but never billed - visible while it can still be invoiced, instead of written off at year-end.
How does Fintra measure project profitability?
Every hour, expense, and invoice carries a project dimension, so each engagement has a live budget-vs-actual view: fees earned against hours consumed at cost. Fixed-fee overruns show up mid-project as the burn outpaces percent complete, when scope conversations are still possible.
Does Fintra handle partner compensation and origination credits?
Fintra’s commissions module supports split credit rules - origination, delivery, and management percentages per engagement - computed from the same project records that drive revenue. Comp statements come from data both sides can inspect, which removes the annual argument over whose spreadsheet is right.
What utilization reporting does Fintra provide?
Billable and total hours are tracked per person against capacity and target, rolled up by team and firm-wide. Because utilization connects to the revenue model - at a 20-person firm and a $150 rate, one point of utilization is about $60,000 a year - Fintra treats it as a first-class financial metric, not an HR report.
Stay in the loop
One practical finance briefing a week - new guides, checklists, and benchmarks.
Stop leaking delivered hours
Fintra is free to start, no card required. Import your engagements and see unbilled WIP in your first close.
Talk to us