February 23, 2026

After working closely with early access customers to refine and improve the experience, Engagements is now in open beta and available by request for all customers.

 

With Engagements, you can easily create client-ready proposals and engagement letters directly in Karbon, but what makes it different is what happens after a client signs.

Unlike standalone proposal tools, Engagements connects your signed agreements to the work, billing, and payments that follow, so your entire client engagement lifecycle stays in one place instead of scattered across disconnected systems.

How Engagements helps you today

• Professional proposals in minutes. Build and send engagement letters in bulk with digital signatures built in.

• Full visibility into engagement status. See where every client engagement stands at a glance, from drafts to signed to active, without chasing down emails or spreadsheets.

• Work aligned to what was sold. Connect work to engagements in Karbon, so your team always knows the scope they're delivering against.

• Billing set up from the start. Set up fixed fee or time-and-materials billing and collect payment details upfront, so invoicing happens on schedule without follow-up.

• Faster payment collection. Automated recurring billing and payments mean less manual work and fewer gaps between work delivered and revenue collected.

What to know before you get started

The core workflows of Engagements are live and ready for you today, and more capabilities are released every two weeks based on feedback from customers like you.

To get the most out of Engagements, you'll need Billing & Payments active in your Karbon account. And you have options for getting started based on where you are today:

• Not yet on Billing & Payments? Join a live Engagements workshop hosted by Karbon's specialists to find the right path for your firm.

• Already using Billing & Payments? Use this interactive setup guide to create your first engagement, or join a group onboarding webinar led by Karbon implementation experts.

Ready to try Engagements? Request access today.

Clients can now view and pay Karbon Billing invoices directly in the Karbon for Clients portal. Rather than reaching out to you, clients can access their unpaid and overdue invoices whenever they need in the same place where they already see their tasks, complete requests, and sign documents. This helps you collect faster and with less friction.

You can also control which client contacts have access to invoices and payments in Karbon for Clients through a new Billing Permission setting.

This feature is currently in early access. You can sign up here to try out first.

The Revenue page of the Portfolio Performance dashboard has new hour-based and realization metrics, giving firms instant context behind revenue performance.

New hour-based metrics include:

• Hour capacity

• Time off hours

• Actual hours broken down by billable, non-billable, utilization, and percentage billable

Write-on and write-off data from Karbon Billing has also been added, helping explain shifts in revenue quality. In addition, a new Capacity Recoverability metric shows revenue as a percentage of revenue capacity, highlighting how much of your potential revenue is actually being captured.

By bringing together signals for time, utilization, and revenue in one place, teams can quickly diagnose whether revenue changes are driven by capacity constraints, utilization mix, or realization leakage. This leads to more confident performance reviews and better-informed planning decisions.

Learn more about these updates and the Portfolio Performance dashboard in the Help Center.

The Aging dashboard now includes a new Aged AR page, alongside the previously released Aged WIP, giving firms clear visibility into outstanding receivables at any point in time.

What’s new:

• View aged accounts receivable as of any historical date

• Track how balances move across standard aging buckets (current, 1–30, 31–60, and beyond)

• Analyze AR trends over time to better assess collection risk

The Aged AR page will be rolled out to customers in phases over the next two weeks. Learn more about it and the Aging dashboard in the Help Center.

Monthly and period-based billing just got even faster and more accurate with the new date range filter for the Unbilled section in Karbon Billing.

Apply a preset period (such as a specific month) or a custom start and end date, and only time entries, expenses, and fixed-fee work items within the set range will appear for invoicing.

When a draft invoice is created, only the selected WIP is included, while anything outside the range is automatically carried forward. This removes the need for manual cleanup and double-checking, helping you invoice accurately and confidently.

This new capability will be rolled out to customers in phases with full general release by the end of March.

Filing deadlines are now available in more places across Karbon. You can apply filing deadlines when creating work in bulk, ensuring all work items inherit the same deadline in one step.

Filing deadlines can also be used in repeat work by setting the due date to ‘On filing date’ and selecting the relevant filing deadline, keeping recurring work aligned with statutory deadlines.

Additionally, filing deadlines can now be updated via automators, allowing you to automatically switch deadlines to extension dates or revert them back based on task completion or other criteria.

You can now easily update due dates on work items in bulk via the Karbon app directly. Select up to 100 items in the Work List, and apply a desired new due date across all selected work items at once.

Uploading multiple files to eSignatures and Approvals is now faster and easier. You can drag & drop up to 10 files directly into the browser or select multiple files through file picker.

Dragging and dropping files:

Upload complete:

The StanfordTax integration now supports 1120S and 1065 for corporate and partnership tax workflows.

Firms can also now link and track StanfordTax organizers that weren’t sent from Karbon, making it easier to keep organizer progress visible no matter how the client received it.

If you missed an update, you can still see a list of what we released in Karbon. For API releases, see the Karbon Developer Center.