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Project profitability clarity

Real-time visibility into utilization, project margins, write-offs, and forecast accuracy — so partners can manage profitability proactively.

Utilization

72.4%

+3.2pp vs target

Avg Project Margin

34.8%

+1.4pp YTD

Write-offs

€48K

-€12K vs last Q

Forecast Accuracy

91%

+4pp improvement

Revenue/FTE

€185K

+8% YoY

What you get: data + software

  • Custom utilization tracking tool integrated with your project management system
  • Real-time project margin tracking with early warning alerts
  • Utilization visibility by team, role, and individual
  • Write-off tracking with root cause categorization
  • Revenue forecast vs actual comparison
  • Partner dashboard with key metrics at a glance

Utilization Trend

Margin by Project

Key Insight

Project E has gone margin-negative due to 40+ hours of unbilled scope creep. The current burn rate suggests €15K in additional write-offs without intervention. Recommend client conversation on change order or scope reduction.

Top Underperforming Projects

ProjectClientBudgetMarginPrimary Issue
Project ETechStart€120K-8%Scope creep
Project FRetailCo€85K12%Senior staff overuse
Project GFinServe€200K18%Delayed milestones
Project HMediaGroup€65K22%Below target

From operational noise to executive clarity

What leadership typically sees before — and after — information is structured for decisions.

Before: profitability hidden in projects
Revenue
€2.1M
Revenue
€2.3M
Margin
12%?
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A1B1C1D1
Q3 Report
Last updated: 3 weeks ago
  • Reporting focused on hours, not outcomes
  • Margin unknown until after the fact
  • Write-offs and overruns discovered too late
  • Forecasting depends on manual updates
After: project profitability and control
Revenue
€2.34M
+4.2%
Margin
14.2%
+1.8pp
On-time
94.1%
+2.3%
Alerts
3
active
Margin trend (90d)Live
  • Clear margin visibility per project and client
  • Early warnings on overruns and write-offs
  • Better prioritization of delivery and staffing
  • Leadership sees performance without spreadsheets

What we changed behind the scenes

Combined time, cost, and invoicing into one model
Created leadership metrics aligned to profitability
Built exception tracking for overruns and write-offs
Automated reporting so updates don't rely on individuals
"Instead of explaining numbers, leadership can focus on what to fix and where to intervene."

Want this for your business?

We'll map the bottleneck and the fastest path to measurable improvement.

Project profitability visibility for professional services firms

Professional services firms live and die by utilization and project margins. Yet many lack real-time visibility into which projects are profitable, which are bleeding, and where write-offs are accumulating.

Octrix helps connect time tracking, billing, and financial systems to surface true project economics. Partners and practice leads get early warning when projects drift off track.

Typical outcomes include reduced write-offs, better forecast accuracy, improved resource allocation, and partner dashboards that surface issues before they become problems.

Whether you're a consulting firm, agency, or legal practice, the goal is the same: know which work makes money and catch margin erosion before it's too late.

Frequently Asked Questions

Common integrations include time tracking tools, PSA platforms, billing systems, and financial/ERP systems to create a complete project profitability picture.

We accommodate fixed-fee, time & materials, retainer, and blended models—normalizing them into comparable margin metrics.

Yes—we build role-based views so partners see their practice, managers see their teams, and leadership sees the consolidated picture.