This Billing Workbook answers the following questions:

1. What is your firm's true realization rate across different slices (Clients, Work Types, Colleagues)?
2. How effectively are you converting WIP to cash through your clearance rates?
3. What are your effective billing rates, and how do they vary by service and client?
4. Are there trends in your write-offs that need attention?
5. How is your revenue performance changing month over month?

About the Billing Workbook

Our Billing Workbook revolutionizes how you track and analyze your firm's revenue cycle. From initial time entry to final payment collection, gain unprecedented visibility into your billing performance. The workbook delivers comprehensive insights into your WIP balances, billing totals, and payment collections, allowing you to make data-driven decisions about your firm's financial health. Get granular with your analysis by filtering across multiple dimensions including work type, client groups, colleagues, and client types. Track opening and closing balances for any date range, while monitoring critical metrics like realization percentages, clearance rates, and effective billing rates. Whether you're analyzing individual client profitability or identifying broader revenue trends, this workbook provides the insights you need to optimize your firm's financial performance.