EveryPenny

Finance for Architecture, Engineering & Environmental Firms

See backlog, WIP, and project margin before the job is finished.

EveryPenny operates the finance function behind growing architecture, engineering, environmental, surveying, and technical-design firms—from project accounting, billing, close, and collections to utilization, backlog, cash forecasting, and CFO-level decisions.

Project revenue can look healthy while unbilled work and labor quietly consume the margin.

Labor mix, subconsultants, change orders, overhead, WIP, billing timing, and collections can move a project away from its original economics long before the financial statements show it.

  • How much work has been performed but not billed?

    Track WIP, unbilled services, billing milestones, contract limits, and invoice timing so completed work does not disappear into month-end surprises.

  • Are projects finishing where they were priced?

    Compare project budgets with actual labor, subconsultants, reimbursable expenses, scope changes, and expected cost at completion.

  • Is backlog profitable and deliverable?

    Connect contracted backlog with staffing capacity, labor mix, expected delivery timing, billing schedules, and forecast margin.

  • Are project managers seeing the economics soon enough?

    Provide budget-versus-actual, committed-cost, billing, WIP, and margin information while the project can still be corrected.

  • Are labor and overhead assumptions still valid?

    Monitor utilization, realization, labor economics, and overhead assumptions as compensation, staffing, and workload change.

  • Can we hire before backlog becomes collected cash?

    Model backlog, pipeline, utilization, compensation, billing timing, collections, and cash before adding permanent capacity.

The numbers an architecture or engineering firm should be able to see.

  • Contracted backlog
  • WIP
  • Unbilled services
  • Project revenue
  • Project margin
  • Project budget versus actual
  • Estimate at completion
  • Utilization
  • Realization
  • Labor multiplier
  • Overhead rate
  • Subconsultant cost
  • Change orders
  • AR aging
  • DSO
  • Revenue by project
  • Revenue by customer
  • Revenue by discipline
  • Cash forecast

Reporting is adapted to the firm’s contracts, accounting policies, project systems, and available source data.

See where project economics are moving before the close confirms it.

30 minutes. Receive a one-page Finance Function Map within one business day. No obligation.