Virtual CFO for IT services, AI and analytics

Your people are the product. Price, staff and collect for them well.

For data, AI, analytics and software services firms serving clients in India and abroad. We bring project and client profitability, utilisation tracking, multi-entity consolidation and cash control.

What we see in services firms

Problems we fix every month

Project margins seen too late

Fixed-price projects run over effort, and the loss shows up only when the project closes.

Bench cost nobody owns

Utilisation slips quietly, and the cost of unbilled people is on nobody's report.

Rates that lag salaries

Annual increments land every year, but client rate revisions do not.

Unbilled work and slow collections

Work is done but not invoiced, and overseas clients take 75 days or more to pay.

Several entities, several currencies

An India entity, an overseas parent and intercompany billing make the consolidated picture hard to see.

Transfer pricing and export compliance

Intercompany pricing, export invoicing under GST and remittance records all need to line up.

What we put in place

A finance function built for services firms

Book a discovery call
01

Project and client profitability

Revenue, delivery cost and margin by project and by client, every month.

02

Utilisation and bench reporting

Billable utilisation by team, with the monthly cost of bench and non-billable work.

03

Billing and collections discipline

Milestone and timesheet billing on schedule, unbilled revenue tracked, and a named owner for every overdue receivable.

04

Consolidated MIS across entities

One view across India and overseas entities, with a weekly cash flow.

05

Transfer pricing and compliance

Intercompany pricing workings, export documentation and statutory filings on time.

Client impact

Real outcomes

Business names are withheld for confidentiality. The outcomes are from actual engagements.

3 entities, one consolidated view

AI and analytics firm: US, India and Singapore

Three entities, three currencies and a US parent. We built a consolidated monthly MIS with a management dashboard, a weekly cash flow with a bank-balance bridge, and the transfer pricing working for the India and US split.

See it in numbers

What a monthly finance pack looks like for an IT services, AI or analytics firm

KPIs, budget against actual, an EBITDA bridge, cash, and CFO commentary on what moved and what to do next. Illustrative data, no client names.

View the sample dashboard

You deal with the principal, not a junior.

Amit Tiwary

Founder-Director, ProCFO

Amit has spent 20+ years in corporate finance and advisory, and has guided 100+ businesses through fundraising, CFO services, operational finance and M&A. He leads every ProCFO engagement personally, backed by a multi-qualified team of accountants, company secretaries and analysts, with maker-checker review on every deliverable.

He is a Chartered Accountant, Cost and Management Accountant and Company Secretary, with an Advanced Diploma in Management Accounting from CIMA, London.

How we can help

Services that fit IT services firms

Managed CFO Office

Your entire finance department as a service, from daily books to the board pack. See the tiers

CFO Services

Planning, MIS, profitability, cash and working capital, led by a senior CFO. Learn more

Specialist Advisory

Valuation, ESOPs, pricing, projections and finance SOPs. Learn more

FAQ

Frequently asked questions

Can you report margin by project and by client?

Yes. We map delivery costs to projects using your timesheets or allocation data, and report revenue, cost and margin by project and client every month.

We have an overseas parent and an Indian subsidiary. Can you handle both?

Yes. We consolidate entities across currencies, support intercompany billing and prepare the transfer pricing working.

How do you track utilisation?

From your timesheet or resource planning data. We show billable utilisation by team and the monthly cost of bench and non-billable time.

Can you help with rate revisions?

Yes. We show the effect of salary increments on project margins and build the numbers behind rate revision proposals to clients.

Do you handle export invoicing and GST?

Yes. Export of services invoicing, LUT filing, GST refunds where applicable and foreign remittance records are part of our compliance work.

Your next step

See which projects and clients really make money.

One conversation will show you where your margin goes, from bench to billing to collections.

+91 97314 05575
info@procfo.co.in