Cut your DSO. Without cutting your relationships.
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.
The DSO problem, solved.
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.
- 01Retainer + project + fixed fee — each engagement structured differently. Retainer cycles auto-billed. Project milestones tracked. Fixed fee with payment-schedule matching.
- 02Time-based billing — partner / manager / associate / analyst time captured per project. Bill-rate × hours = revenue forecast. Realisation rate per project surfaced.
- 03Cross-border consulting — USD / GBP / EUR / SGD wires reconciled. FIRC tracked. RBI export classification per service code. STPI / SEZ eligibility surfaced.
- 04Receivables agent — drafts polite chase emails per client tone. Tracks promise-to-pay. Escalates ageing. Matches inbound credits to retainer-or-invoice automatically.
- 05Project-wise P&L — every cost tagged to project. Time + expenses + sub-contractor fees. Margin per partner per project surfaced. Realisation rate.
Built around billable engagements.
Whether you run a law firm, consulting practice, design studio, accounting firm, or advisory boutique — every workflow native to your banking screen.
Engagement-aware
Retainer cycles auto-billed. Project milestones tracked. Fixed fee with payment-schedule matching.
Per-resource realisation
Partner / manager / associate / analyst time captured. Bill-rate × hours = revenue forecast.
FIRC + classification
USD / GBP / EUR wires reconciled to invoices. FIRC tracked. RBI export classification per service code.
Cut DSO, not relationships
Drafts polite chase emails. Tracks promise-to-pay. Escalates ageing. Matches inbound credits to engagement.
Margin per partner
Every cost tagged. Time + expenses + sub-contractor. Margin per partner per project. Realisation tracked.
194J + 1042S
External consultants paid with correct TDS section. 194J for India. 1042S for non-resident. Auto-applied.
Less time chasing.
More time billing.
Retainer-aware · project-wise P&L · receivables agent drafting the chase. Reclaim the DSO without souring the relationships.