For legal
Collections, not just billings.
For law firms and legal tech companies. Dear CFO keeps your books, receivables and cash current, and brings in matter and timekeeper data, so what the firm bills and what it actually collects are one picture.
Works with
Collected this month
$684K
+7%
Days sales outstanding
58 days
−6 days
Illustrative figures
The problem
Billed is not collected
Time turns into invoices, invoices sit unpaid, and the firm finds out at month end how much cash actually came in. Receivables and realization need watching weekly, not quarterly.
- Matters and time in practice software
- Invoices and payments in the books
- New business in the CRM
Matter and timekeeper data from your practice-management software come in through Google Sheets or BigQuery.
QuickBooks Online
Xero
HubSpot
Google Sheets
BigQuery
Dear CFOOne live set of numbersHow it works
Everything flows into one live set of numbers.
Each system syncs on its own schedule into one managed warehouse. Statements, metrics and answers all read from it, so they always agree.
Live statements
P&L and balance sheet, current
Your metrics
Defined once, kept current
Answers
Ask in plain English
Numbers you can track
The numbers law firms and legal tech run on.
Illustrative figures
Collections
Payments received against billings, month by month.
$684K collected
Receivables aging
Unpaid invoices by client, aged from their due dates.
69% under 60 days
Revenue per attorney
Brought in from your timekeeper data through Google Sheets, beside the books.
$640K
per attorney, annualized
Pipeline
New matters and opportunities from your CRM.
71% of target
Cash runway
Operating cash against monthly spend.
7 months
of operating cash
What you get
Built on the whole system.
Live financial statements
Your P&L, balance sheet and cash flow built live from QuickBooks or Xero, next to plan and forecast, for one company or several consolidated.
Learn moreKPI dashboards and scorecards
Define each metric once and use it everywhere: dashboards built from tiles, and a scorecard where every seat owns the numbers it is accountable for.
Learn moreAI financial analyst
Ask questions about your revenue, cash, customers and margins in plain English. Dear CFO answers from your own books and shows the work behind every answer.
Learn moreQuestions
Dear CFO for law firms and legal tech
Do you connect to our practice-management software?
Not directly. Matter and timekeeper exports come in through Google Sheets or BigQuery, next to your books.
Does Dear CFO handle trust accounting?
No. Dear CFO is for reporting and planning on your operating finances; keep trust accounting in the system you use for it.
Can I see receivables by client?
Yes. Open invoices are aged by client from their due dates and kept current as your books sync.
See it against your own numbers.
Create a login and connect your systems in minutes, or book a call and we will walk through it with your business in mind.