Professional Services
Accounting & CFO Advisory for Professional Services Firms
Professional services firms run on billable hours and client relationships. SRG builds the financial infrastructure that keeps revenue recognized correctly, billing moving on time, and leadership focused on clients rather than spreadsheets.
Schedule a CallFinancial Operations
Where Finance Functions Break Down in Professional Services
Billing cycles that lag client work by weeks — revenue earned but not yet invoiced, creating cash flow gaps that don't reflect actual firm performance
Utilization and realization data that lives in the project management system but never makes it into financial reporting, leaving leadership without visibility into which engagements are actually profitable
Revenue recognized on a cash or invoice basis rather than under ASC 606, creating misstatements that surface during due diligence or audit
Partner and principal compensation structures that are modeled in spreadsheets and recalculated manually each period
What We Handle
Finance Services for Professional Services
- Revenue recognition and deferred revenue management
- Utilization and realization rate reporting
- Client profitability analysis
- Billing workflow automation
- Partner and principal compensation modeling
- Scalable accounting infrastructure for growing headcount
- Trust account and retainer management
- Project-level margin reporting
Why SRG
Finance That Keeps Pace with Your Clients
Basic accounting support records what happened. Financial Operations for a professional services firm means your billing cycle is structured to capture revenue as it is earned, your utilization and realization data flows into financial reporting rather than staying in a project management tool, and your leadership has client-level and engagement-level profitability — not just a consolidated P&L. SRG builds that infrastructure for law firms, consulting practices, engineering firms, and staffing companies — and runs it as an embedded part of the organization.
Talk to the SRG Team
Ramp Certified Partner
Smarter Spend Management for Professional Services Firms
Professional services firms — consulting practices, law firms, architecture and engineering firms, and other project-driven businesses — share a common challenge: spend happens fast, across clients and matters, and the manual overhead of tracking it pulls staff away from billable work. As a Ramp Certified Partner, SRG implements Ramp to automate expense reporting, enforce client-level and matter-level billing policies, and give leadership real-time visibility into firm-wide spend. For law firms, that includes virtual cards per client matter, IOLTA-compliant cost separation, and billable expense capture before a matter closes. The result across every firm type: tighter cost control, cleaner books, and a finance team that spends less time chasing receipts.
More Industries