Challenges
A drone servicing business faced distorted financial results due to missing WIP accounting:
- Costs were captured immediately but revenue only at job completion
- Monthly financials were misaligned and inaccurate
- Inability to see job profitability while work was still ongoing
- Frequent cost overruns unnoticed until too late
- Manual billing processes caused revenue leakage and delays
Solution
Using Nucleus Software, the customer gained:
- Real-time job costing for labour, parts, and subcontractor charges
- Automated WIP allocation until jobs reached billable milestones
- Dashboards showing budget vs actuals during job progress
- Early visibility of cost overruns and profitability risks
- Automatic posting of WIP entries into the financial system
Key Outcomes
- Accurate monthly financial reporting
- Stronger cost control and reduced overruns
- Faster, more reliable billing cycles
- Transparent profitability across all jobs in progress
- A financially disciplined, commercially aligned operational model