Industry

Professional Services

Time is your inventory — bill it accurately, collect it quickly.

Who this is for

Law firms, architects, engineers, consultants, IT service providers, medical practices and other billable-hour businesses.

Why the accounting is different here

In professional services, unbilled time is money lost forever. Utilisation, realisation and debtor days are the three levers that decide whether you're a hobby or a business.

Common pain points
  • Time not captured for every billable hour
  • Discounts and write-offs happening quietly at billing
  • Trust / client accounts to be kept separate (law firms)
  • Partner drawings not aligned to real cash
  • PAYE on associates and directors
Regulators & rules
  • Law Society of Zimbabwe — trust accounts (law firms)
  • ZIA, ECZ, EIZ — professional body rules
  • ZIMRA — VAT, PAYE, WHT, QPDs
  • NSSA — staff cover

How we help

Time-and-billing dashboards (utilisation, realisation)

Debtor management and monthly ageing

Trust account reconciliations for legal practices

Partner remuneration and drawings modelling

Firm-wide budgeting and cash forecasting

KPIs we track

Utilisation % per fee earner
Realisation % (billed vs standard rate)
Debtor days
Revenue per fee earner
Lock-up (WIP + debtors)
Overhead per fee earner

Playbook modules that matter most

A real example

Case study · Professional Services
Scenario

A consulting firm with six professionals kept running out of cash despite full order books. Debtor days had crept to 96 and no one owned collections.

Outcome

We introduced weekly ageing, a fixed collections script and monthly write-off reviews. Debtor days fell to 42 in six months and the firm hired a seventh consultant from cash rather than a loan.

FAQs