Project Profitability Visibility
Consulting firms need to know the margin on every engagement in real time — not at month-end. Without automated time capture, billing, and cost allocation, profitability analysis arrives too late to change outcomes.
Professional Services
Management Consulting
Project profitability, utilization tracking, and ASC 606 revenue recognition for consulting firms that bill by engagement, milestone, and retainer. Nexus gives practice leaders real-time visibility into which engagements make money — and which don't.
GAAPASC 606
The Management Consulting Finance Challenge
Utilization & Capacity Management
Bench time is expensive. Understanding utilization rates, realization rates, and capacity by grade and practice area requires data that most consulting firms still pull from spreadsheets.
ASC 606 for Variable Consideration
Consulting contracts often include variable consideration — performance bonuses, success fees, and scope change adjustments. Recognizing this revenue correctly under ASC 606 requires careful contract analysis and ongoing monitoring.
How Plurafi Solves It
Project profitability by engagement, client, and practice
Utilization and realization dashboards
Milestone and T&M billing
Subcontractor cost management
Bench capacity planning
Revenue recognition (ASC 606 / IFRS 15)
Practice area P&L reporting
Built-In Compliance
GAAP (ASC 606)
IFRS 15
Partnership tax (for LLP structures)
Key Outcomes
Engagement profitability
visible within 24 hours
Utilization rates
tracked in real time by grade and practice
ASC 606
compliance without a dedicated technical accounting team
Built specifically for Management Consulting
See how Plurafi handles your industry's complexity