It means an efficient, reliable, and robust Accounts Receivables (AR) system is a must for the sector—and a system that recognises its unique needs. So we built it.
Discover a pile of AR functionalities tailored to the consulting and professional services industry—so you get paid faster and easier.
Easy integration with time-tracking tools and built-in features to capture billable hours and expenses for accurate invoicing.
Invoice based on specific projects, milestones, or deliverables—handy for firms engaged in multiple projects for the same client.
Manage upfront payments and retainers and subsequently adjust invoices against these retainers.
Perfect for hourly, daily, and fixed-fee billing.
Facilitate automated and periodic billing for clients on retainers and long-term contracts.
A structured process to track and manage invoice disputes and queries—especially important when dealing with subjective deliverables and complex projects.
A dedicated online hub for clients to view their invoices, payment history, and any supporting documentation and reports.
Set custom payment terms and automatically calculate and apply late fees for overdue payments.
Generate reports on unbilled work and expenses, so nothing is overlooked.
Store and reference specific terms of service agreements, ensuring alignment with invoicing.
Adjust invoice formats to cater to specific projects and services.
Handy for firms with international clients and/or those that offer international services. Includes accurate exchange rate calculations.
Gain valuable insights into key metrics such as average time to payment, client payment behavior, and outstanding receivables to aid strategic decision making.
Direct email and other messaging to facilitate seamless communication with clients re: invoices, reminders, and clarifications.
Automated reminders for overdue invoices, escalating in tone or frequency based on the delinquency duration.
Seamless synchronization with applicable tools and platforms.
Immediate boost to our cash flow by automating the dunning—and my CFO is freed up for the pitching and growth work that matters.
Revenue grew just from using Nova—and costs are dropping. The real-time intel means more nimble decisions in a volatile market.
We lifted revenue by 12% in the first quarter, we spend less getting paid, and we’re now making data-driven decisions.