Multi-Project Multi-Client Billing
No Overlap, accurate tracking of billing.
Billing
Multi-client invoicing is a complex process of billing project costs to multiple clients.
Automation plays a crucial role in enabling this by facilitating invoicing, chargebacks for time, expenses, and charges. Professional service firms, such as legal, high-tech consulting, and accounting, often require non-standard billing structures like pro-rating, split billing, cost plus billing, and milestone billing. These structures create accountability requirements, and organizations need effective ways to tailor billing to client and project needs while gaining a clearer view of their financial standing. Automation, specifically through time and billing systems, improves billing efficiency, auditability, and the management of complex billing processes like proration and split billing.