Time-based billing, retainer cycles, project-wise P&L, cross-border consulting fees, long receivable cycles. Open's substrate handles the working-capital problem that professional services firms always carry.
Professional services firms carry the longest DSO in the economy — often 60-90 days. Open's receivables agent drafts the chase emails, tracks promise-to-pay, matches inbound credits to retainer or invoice — without souring the client relationship.
Whether you run a law firm, consulting practice, design studio, accounting firm, or advisory boutique — every workflow native to your banking screen.
Retainer cycles auto-billed. Project milestones tracked. Fixed fee with payment-schedule matching.
Partner / manager / associate / analyst time captured. Bill-rate × hours = revenue forecast.
USD / GBP / EUR wires reconciled to invoices. FIRC tracked. RBI export classification per service code.
Drafts polite chase emails. Tracks promise-to-pay. Escalates ageing. Matches inbound credits to engagement.
Every cost tagged. Time + expenses + sub-contractor. Margin per partner per project. Realisation tracked.
External consultants paid with correct TDS section. 194J for India. 1042S for non-resident. Auto-applied.
Retainer-aware · project-wise P&L · receivables agent drafting the chase. Reclaim the DSO without souring the relationships.