EveryPenny

Finance for Executive Search & Recruiting

From retainer invoice to placement margin, know where every search stands.

We operate the finance function behind recruiting and executive-search firms with retainers, placements, commissions, contractors, candidate expenses, and guarantee exposure.

A signed search isn't the same thing as collected, profitable revenue.

  • Has every billing milestone been invoiced?

    Connect search activity with retainer, milestone, placement, and final invoices.

  • What did the search actually make?

    Match recruiter time, sourcing costs, referral fees, commissions, travel, and candidate expenses against the related revenue.

  • When is the commission really earned?

    Create consistent commission rules tied to contract, invoice, collection, placement, or start date.

  • How much cash is tied up in receivables?

    Track invoices from issuance through payment instead of treating billing as finished when the invoice is sent.

  • What guarantee exposure is still open?

    Track replacement periods, credits, refunds, and commission chargeback exposure.

  • Which recruiters or search types produce the best economics?

    Measure revenue, margins, collections, and productivity at the level where you manage the business.

The numbers a search firm should be able to see.

  • Active searches
  • Signed search value
  • Retainer invoices
  • Placement invoices
  • Average search fee
  • Search margin
  • Recruiter productivity
  • Commission liability
  • AR aging
  • Time to collect
  • Guarantee exposure
  • Pipeline
  • Cash forecast

Bring Financial Control to Every Search

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