Unbilled Milestones in Projects
Definition
In consulting projects spanning quarters, manual oversight of percentage-of-completion or milestone achievement results in forgone billing, especially tied to GST/BAS deadlines.
Key Findings
- Financial Impact: 2-5% project revenue unbilled annually
- Frequency: Per project milestone
- Root Cause: No automated progress-to-billing linkage
Why This Matters
The Pitch: Operations Consulting firms in Australia 🇦🇺 leak 2-5% of project revenue from unbilled services. Automated triggers capture all eligible billing.
Affected Stakeholders
Project Manager, Accounts Receivable, Consultant
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
Delayed Revenue Recognition under AASB 15
AASB 15 Misallocation Penalties
ATO Penalties for Revenue Misrecognition
Change Management Overtime Costs
Training Rework Penalties
Delayed Consulting Invoicing
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