Professional Services & Contracting
Professional Services & Contracting Solution
Consultancies, engineering firms, and project contractors must strictly manage project budgets, consultant billable hours, employee reimbursement claims, and milestone-based revenue recognition. BigLedger provides automated commitment guards to prevent cost overruns.
🔄 Project Budget Control & Billing Flow
Key Services Capabilities:
- Vote Book Commitment Guard: Pre-commit budgets before purchase orders or subcontractor contracts are approved. Automatically blocks spend once project budget limits are reached.
- Milestone Progress Invoicing: Issue customer progress bills tied to verified project deliverables or completion percentages.
- Automated Expense Claim Allocation: Consultants submit out-of-pocket expenses via mobile; approved claims automatically route to the appropriate project cost-centre in the GL.
🚀 Recommended Applet Stack
| Operational Area | Required Applets | Key Capabilities |
|---|---|---|
| Budget & Commitment Guard | Vote Book Applet · Budget Applet | Live commitment registers, cost-centre budget envelopes, and overspend blocking |
| Claims & Time Management | Claims Module | Mobile expense submissions, multi-tier manager approvals, and reimbursement processing |
| Revenue & Progress Invoicing | Revenue Management · Sales Module | Deferred revenue schedules, milestone billing, and project profitability reporting |