Built for consulting, legal, accounting, and advisory firms. Automate milestone billing, time & materials tracking, and project-based revenue recognition with ASC 606 compliance.
Automatically track hourly billing, expenses, and reimbursables. Generate revenue recognition schedules based on actual hours worked and approved timesheets.
Track engagement milestones and deliverables. Recognize revenue upon completion of each phase with automated journal entries and deferred revenue management.
Handle monthly retainers, fixed-fee engagements, and percentage-of-completion projects. Automatic revenue allocation across contract periods.
Strategy, operations, transformation consulting with multi-phase engagements
Law firms with hourly billing, contingency fees, and fixed-fee arrangements
CPA firms, audit services, tax consulting with seasonal revenue patterns
IT consulting, implementation services, managed services providers
AI automatically extracts scope, fees, milestones, and deliverables from engagement letters, SOWs, and master service agreements.
Track project progress and recognize revenue proportionally. Support for cost-to-cost, efforts-expended, and units-delivered methods.
Break engagements into phases with separate deliverables. Track each phase independently for accurate revenue recognition.
Track monthly retainers, unused hours, and rollover balances. Automatic revenue recognition for utilized retainer amounts.
Manage scope changes, additional services, and contract amendments. Update revenue schedules automatically when scopes change.
Sync with client portals, time tracking systems, and billing platforms. Seamless integration with your existing workflows.
Sync with Salesforce, HubSpot, and practice management systems for seamless client data flow.
Direct integration with QuickBooks, NetSuite, Sage Intacct, and other professional services accounting platforms.
Ensure compliance with revenue recognition standards. Audit-ready reports and complete documentation trail.
Join professional services firms using ContractSync AI