INDUSTRY REVENUE RECOVERY
Revenue Recovery for Professional Service Firms
Professional service revenue often depends on time entries, milestones, retainers, project scope, and negotiated rates. Revenue Recovery AI helps firms organize those records so unbilled or underbilled work can be reviewed without assuming that every recorded hour is chargeable.
Common revenue leakage patterns
Gaps can arise from time that was approved but never invoiced, outdated billing rates, missing milestone fees, partial client payments, or retainer balances that were applied incorrectly. Fixed-fee projects, write-offs, scope caps, courtesy discounts, and nonbillable work can make a raw time difference misleading. The review must connect the work to the governing engagement terms and approved billing treatment.
Evidence and workflow to review
Useful records include engagement letters, statements of work, rate schedules, time records, milestone approvals, invoices, retainer ledgers, credit notes, and payment history. Teams should confirm the authorized rate, billable status, and any cap or write-off before creating a recovery case. Revenue Recovery AI can present the evidence and workflow history, but professional, legal, or accounting obligations remain with the firm.
HUMAN-CONTROLLED RECOVERY
Review the evidence before taking recovery action.
Revenue Recovery AI helps organize findings and source records; it does not guarantee payment or replace legal or accounting review.