Osprey CFO is the outsourced finance team for professional service firms — accounting, payroll, and reporting built around utilization, realization, and margin by engagement.
Revenue follows people, projects, and relationships — and a standard P&L wasn’t designed to show any of it.
The team logs the hours, but write-downs and write-offs quietly separate what you bill from what you collect.
Without margin tracked by project and service line, the worst engagements often look like the busiest ones.
Retainers land on schedule; milestone payments and 60-day receivables don’t — and payroll is due either way.
Every “quick addition” the team absorbs comes straight out of the engagement’s margin.
The same firm, before and after a real finance team.
The economics rhyme across professional services, but every segment carries its own pressure points.
Trust account reconciliation, partner draws and distributions, and origination tracking.
Engagement-level margin, bench cost visibility, and utilization reporting.
The retainer-versus-project revenue mix, with pass-through media costs kept out of your margin math.
Percent-complete revenue on long projects, sub-consultant pass-throughs, and overhead rates that hold up.
Recurring managed-services revenue and one-off project work in a single clean view.
Guides and insights on the financial side of running a professional service firm.
Fractional CFO pricing models, what drives the cost, and how to tell when the investment is actually worth it for your firm.
Read guide →Monthly close, AR/AP, payroll coordination, and project-level reporting for law firms, consultancies, agencies, and engineering firms — plus when firms typically make the switch.
Read guide →The formula, utilization vs. realization defined, fully-loaded labor cost, and the mistakes that hide losing projects.
Read guide →Schedule a 20–30 minute discovery call. We'll learn your firm, your goals, and exactly where Osprey CFO fits.
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