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In Environmental Consulting and Engineering, success depends not only on scientific expertise but also on financial stability. Yet, many firms struggle with tracking completed work that hasn’t been billed, leading to delays in revenue, cash flow shortages, and financial uncertainty.
This issue is particularly challenging for firms working on Time and Materials (T&M), Fixed Fee, or hybrid projects, where billing structures vary and keeping up with unbilled work requires precise tracking. Without the right tools, firms risk missing billable hours, delaying payments, and weakening their financial position.
To solve this, EVX Software offers the Aging Unbilled Invoices Report—a tool designed to help firms understand, track, and act on outstanding invoices before they disrupt operations.
An Aging Unbilled Work Report provides a structured overview of work that has been completed but not yet invoiced. Instead of waiting until billing problems arise, this report gives firms clear visibility into outstanding revenue, categorized by how long the work has remained unbilled.
The report breaks down unbilled amounts into aging periods, allowing firms to quickly assess which invoices require urgent attention:
By organizing unbilled work in this manner, firms can prioritize invoicing efforts, ensuring that revenue is collected without unnecessary delays.
EVX Software’s Aging Unbilled Work Report is designed to give firms full control over how they view and analyze unbilled work. Instead of a one-size-fits-all approach, firms can customize the report to match their financial and project tracking needs.
✔ Flexible Grouping: Organize data by project type, client, project manager, contract phase, rate schedule, or country.
✔ Multi-Layer Sorting: Apply up to three levels of grouping for deeper analysis.
✔ Project Display Options: View projects by Project ID, Project Name, or both for easy reference.
✔ Sorting by Date Range: Choose between ascending or descending order to prioritize recent or long-overdue invoices.
This flexibility allows both financial teams and project managers to easily spot trends, identify overdue invoices, and take corrective action before billing delays become a problem.
Once the report is generated, here’s how to interpret the data effectively:
The first grouping option provides a broad overview of unbilled invoices based on selected criteria (e.g., client, project manager, or contract phase).
Applying two or three layers of grouping helps refine the report further.
The report automatically categorizes unbilled work into Current, 30, 60, 90, 120, 150 and 180 days.
By analyzing the data, firms can spot patterns that indicate recurring billing issues:
The insights from this report allow firms to follow up on overdue invoices before they affect cash flow and project funding.
For Environmental Consulting and Engineering firms, cash flow isn’t just a financial metric—it’s the key to keeping projects moving. A firm can have millions in unbilled work, but if revenue isn't collected on time, it can struggle to cover payroll, equipment costs, and project expenses.
Without this level of financial visibility, firms risk underbilling projects, losing revenue, and struggling to meet financial obligations. This report puts control back in the hands of project managers and finance teams, making financial tracking simple and effective.
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Managing unbilled work doesn’t have to be complicated. With the Aging Unbilled Work Report, Environmental Consulting and Engineering firms can track outstanding revenue, prevent cash flow disruptions, and ensure all completed work gets invoiced.
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