🇦🇺Australia

Pricing and Invoicing Errors

2 verified sources

Definition

Inaccurate resource utilization leads to underpricing projects or missed GST-claimable inputs in time-based billing.

Key Findings

  • Financial Impact: 2-5% revenue leakage; e.g., AUD 500k revenue x 3% = AUD 15,000 annual loss
  • Frequency: Per invoice/project
  • Root Cause: Lack of precise time allocation to billable tasks

Why This Matters

The Pitch: Australian software developers lose AUD 15,000/year on pricing errors from poor utilization reports. Automation verifies billable time against contracts.

Affected Stakeholders

Billing Teams, Project Leads

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.

Evidence Sources:

Related Business Risks

Overtime Payment Errors

AUD 5,000-20,000 per year in overpayments for 35 staff; reduced manual time from hours to minutes per pay cycle[5]

Unbilled Developer Hours

20-40% lost billable hours per project; e.g., AUD 50/hour x 10 hours/week x 50 weeks = AUD 25,000 loss per developer[2]

STP Phase 2 Reporting Failures

AUD 330 per STP failure + AUD 1,100 max per quarter; typical 2-5 errors/year = AUD 2,000-10,000[3]

Unbilled Testing Services

AUD 50,000 - 200,000 per major project in unbilled revenue[1][2]

Rework from Testing Defects

20-40 hours per defect rework at AUD 150/hour (AUD 3,000 - 6,000 per incident)

Overtime in Manual Testing

AUD 5,000 - 15,000 per project in overtime pay

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