EveryPenny

Finance for IT Services & MSPs

Know what each contract, project, and employee is doing to margin and cash.

Financial operations for IT consultancies, MSPs, cybersecurity service firms, implementation firms, and software-development consultancies managing recurring revenue, projects, technical labor, contractors, software, and growth.

Recurring revenue can look stable while margin quietly moves.

Contracts renew at last year's price, licenses and vendor costs increase, engineers get pulled onto work nobody invoices, and projects finish somewhere other than where they were priced.

  • Which contracts are actually profitable after labor and software costs?

    Connect recurring and support revenue with the technical labor, licenses, and vendor costs required to deliver it.

  • Are projects finishing where they were priced?

    Compare the estimate with actual hours, contractor cost, and change orders before the overrun shows up at close.

  • How much technical time is billable—and how much is absorbed?

    See utilization across employees and contractors, and where hours are going that never reach an invoice.

  • Are software, licenses, and hardware being recovered?

    Track subscriptions, license counts, and hardware pass-through from purchase through client invoice and payment.

  • How exposed are we to our largest customers?

    Measure revenue, margin, and receivables by customer so concentration is a decision rather than a surprise.

  • Can we afford the next engineer?

    Model compensation, ramp time, billable capacity, contracted backlog, and cash before you commit.

The numbers an IT service firm or MSP should be able to see.

  • Monthly recurring revenue
  • Revenue by contract type
  • Support contract margin
  • Project margin
  • Gross margin
  • Utilization
  • Effective billing rate
  • Contractor cost
  • Software and vendor cost
  • Hardware pass-through recovery
  • Customer concentration
  • Revenue backlog
  • AR aging
  • Cash forecast

See What Each Contract Is Really Earning

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