Digital Services Companies ( DSBs ), specializing in the provision of IT services and solutions, face unique accounting challenges due to the complex nature of their operations.
At Blendy , international digital accountant based in Paris, we already support several DSBs and know that their financial management requires an adapted approach, capable of precisely reflecting the complexity of their contracts and projects.
Here's how we help IT companies refine their accounting to better manage their finances.
Precise project management
DSBs often manage multiple projects simultaneously, each with their own milestones and billing schedules.
At Blendy, we use advanced accounting systems such as Pennylane or QuickBooks, which allow us to track the costs and revenues associated with each project in detail.
This includes the ability to segment finances by project, track progress against budgets, and adjust financial forecasts in real time to reflect the current status of projects.
Rigorous time tracking
For DSBs , where billing is often based on time spent, it is crucial to have reliable systems to record and track the time each employee spends on each project.
Blendy helps you connect your time tracking tools to sync with your accounting, ensuring all hours worked are correctly billed and assigned to corresponding projects, maximizing profitability.
Flexibility of contracts and invoicing
The nature of contracts in DSBs can vary, often including clauses for additional work or changes in scope.
Our approach at Blendy allows for great flexibility in managing billing types and contractual adjustments .
We connect all the necessary business applications to your accounting system to create a high-performance financial ecosystem. And we make sure that your accounting software will be able to adapt to different contract formats, and will reflect any changes in your accounts too.
DSBs require accounting services that can manage the complexity of their operations. At Blendy, we offer value added services that address the unique challenges of DSBs, from project management to flexible billing.
If you run an IT service business and are looking to optimize your accounting management, contact Blendy to find out how our services can help you manage your financial landscape with confidence and precision.
With Blendy , international CPA, take advantage of digital accounting and tailor-made advice to accelerate your finance process and develop your business.
Certified by Pennylane , Dext , QuickBooks and Stripe , we support digital and IT companies, e-Commerce, SaaS, in France and internationally .