Unbilled Services and Project Budget Tracking Gaps
Definition
Manual client billing and project budget tracking systems create blind spots between service delivery and revenue capture. Unbilled hours, cost overruns not passed to clients, and missed ancillary service opportunities (additional reporting, presentations) go untracked.
Key Findings
- Financial Impact: Estimated 2-5% revenue leakage per project; market research pricing: AUD $1,200-$1,600 per question minimum 5 questions = AUD $6,000-$8,000 per base study; additional services (reporting/presentations) frequently untracked and unbilled
- Frequency: Per project cycle; monthly and quarterly invoicing periods
- Root Cause: Disconnected project management and billing systems; manual time tracking; lack of automated cost allocation; no real-time budget vs. actuals comparison
Why This Matters
The Pitch: Australian research and professional services firms leak 2-5% of project revenue through manual tracking gaps. Integrated project-to-billing automation captures 100% of billable activities and cost overruns.
Affected Stakeholders
Project managers, Research coordinators, Finance controllers, Billing managers
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Manual Billing Process Friction and Service Delivery Delays
CCPA Compliance Exposure - Non-Compliance Penalties
Dual GDPR-CCPA Compliance Overhead - Manual Process Fragmentation
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