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Professional & People Businesses

04 · UTILISATION, BILLING AND COLLECTIONS

Professional & People Businesses

When people are your biggest cost, finance must understand people and clients.
You sell expertise and time. A business can look profitable overall while individual clients, partners, teams or projects tell a very different story.
Clients→Billable time→Billing→People cost→Utilisation→Collections

Professional Services

Firms, partners and engagement margins

Consulting

Retainers, projects and pipeline

Recruitment & Staffing

Placements, contract staff and payroll at scale

Education & Training

Fees in advance, batches and centres

Other Service Businesses

Agencies, facility, logistics and field services

Firms, partners and engagement margins

Professional Services

Law, architecture, design, accounting and other firms billing for expertise by engagement, retainer or hour.

Engagements→Time→Billing→Realisation→Partner cost→Collections

Where finance gets stuck

  • Work done but not billed (WIP)
  • Write-offs and discounts never analysed
  • Partner drawings mixed with business cost
  • Long collection cycles

What your MIS must show

  • Revenue and margin by client and engagement
  • Utilisation by person and team
  • Realisation after write-offs
  • WIP and unbilled days
  • Debtor days

Compliance to watch

  • GST on professional services, incl. reverse charge where applicable
  • TDS deducted by clients and 26AS reconciliation
  • Partnership / LLP compliance
  • Partner remuneration and capital accounts

How Vasudhaiva helps

  • Engagement-wise profitability
  • Billing and collections discipline
  • Partner and capital accounting
  • Business Accountant + Backup™
Which clients pay for our best people's time?
Retainers, projects and pipeline

Consulting

Advisory businesses with retainers and projects, where pipeline and team capacity decide next quarter.

Pipeline→Retainers→Projects→Consultant cost→Margin→Cash

Where finance gets stuck

  • Lumpy revenue that is hard to forecast
  • Associates and freelancers not costed to projects
  • Travel and expenses not recovered
  • Founder time not priced

What your MIS must show

  • Pipeline and win rate
  • Retainer vs project revenue mix
  • Project margin incl. associate cost
  • Expense recovery %
  • Revenue per consultant

Compliance to watch

  • GST on domestic and export consulting
  • TDS on associate and freelancer fees
  • GST treatment of reimbursements
  • Overseas client receipts under FEMA

How Vasudhaiva helps

  • Project and retainer MIS
  • Cash-flow forecasting
  • Associate payments and compliance
  • Fractional CFO for pricing and growth
If two clients leave, how many months do we have?
Placements, contract staff and payroll at scale

Recruitment & Staffing

Permanent placement fees and contract staffing where you pay salaries before clients pay you.

Placements / deployed staff→Markup→Payroll→Statutory cost→Client margin→Cash gap

Where finance gets stuck

  • Paying deployed staff before clients pay
  • Statutory costs not passed through correctly
  • Thin markups eroded by attrition and replacement
  • Placement fees refunded or disputed

What your MIS must show

  • Gross margin per deployed associate
  • Client-wise markup and payment days
  • Placements, fees and refunds
  • Associate attrition
  • Working-capital gap

Compliance to watch

  • GST on manpower supply
  • PF, ESIC, PT, LWF and gratuity for deployed staff
  • TDS on salaries and contract payments
  • Labour-law records and returns

How Vasudhaiva helps

  • Payroll and statutory compliance at scale
  • Client margin and cash-gap MIS
  • Working-capital funding
  • Finance hiring through VRecruitFirst
How much cash does every new contract eat before it pays back?
Fees in advance, batches and centres

Education & Training

Schools, coaching, edtech and corporate training where fees arrive before delivery and capacity drives margin.

Enrolments→Fees collected→Deferred revenue→Faculty cost→Batch / centre margin→Cash

Where finance gets stuck

  • Fees collected upfront and spent before they are earned
  • Refunds and dropouts not provided for
  • Batch and centre profitability unknown
  • Faculty paid through mixed salary and fee structures

What your MIS must show

  • Enrolments and conversion
  • Revenue per student and per batch
  • Faculty cost %
  • Deferred fee balance
  • Centre-wise P&L

Compliance to watch

  • GST exemption vs taxable training (depends on the service)
  • Trust / Section 8 compliance where applicable
  • TDS on faculty fees
  • Revenue recognition for advance fees

How Vasudhaiva helps

  • Fee and deferred-revenue accounting
  • Batch and centre profitability
  • Payroll and faculty payments
  • Trust and non-profit compliance
How much of the fee in our bank is still owed in teaching?
Agencies, facility, logistics and field services

Other Service Businesses

Marketing agencies, facility management, logistics, maintenance and other models built on people and contracts.

Contracts→Delivery cost→Billing→Collections→Margin→Cash

Where finance gets stuck

  • Contract-level margin unknown
  • Field and vendor costs booked late
  • Retainers not reviewed against effort
  • Founders chasing collections themselves

What your MIS must show

  • Margin by contract / client
  • Cost per job or site
  • Billing and collection cycle
  • Vendor and subcontractor cost
  • Revenue per employee

Compliance to watch

  • GST on services and reverse charge
  • TDS on contractors
  • Payroll for field staff
  • Vendor reconciliations

How Vasudhaiva helps

  • Contract-wise MIS
  • Billing and collections discipline
  • Payroll and compliance
  • Business Accountant™ model
Which contracts would we take again at the same price?
Whatever your industry

Every client gets the same finance discipline.

Books by the 12th

Closed by the 12th of the following month, wherever agreed data availability permits.

Daily banking discipline

Transactions updated and monitored every day.

MIS around your drivers

Built for your business model, not an accounting template.

Monthly MBRICKS™ review

Numbers become decisions, every month.

Backup and escalation

No single point of failure in your finance team.

Documented processes

Knowledge doesn’t live in one person’s head.

Not sure where to start?

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Custom MIS Assessment™

What are my numbers really telling me? Share your data. We build an MIS around your industry drivers, explain it and recommend action. ₹10,000, adjustable against your first engagement.

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Or ask us for the Vasudhaiva Industries brochure: one page per industry family, with the drivers, MIS and compliance checklist for your sector.

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