Brance Digital boosts project margins by 15%, cuts vendor payment delays by 80% with Volopay
Reduced revenue leakage
Project-tagged cards clarified billable vs. non-billable spend, accelerating reconciliation
Faster audit prep
Immutable transaction logs and automated compliance packs streamlined SOX and SEC approvals
Margin improvement
Real-time dashboards tracking project burn versus budget restored critical profitability visibility
Brance Digital is a US-based digital consultancy and professional services firm. They manage complex engagements involving a vast network of freelancers, trainers, and expert consultants. Their operations rely heavily on time-and-materials contracts, requiring precise financial tracking to ensure compliance with strict US regulations like SOX and SEC while maintaining healthy project margins.
● Revenue leakage crisis: Client-billable versus non-billable expenses constantly blurred, leading to significant revenue leakage and painfully slow reconciliation that delayed monthly closings.
● Payment delays: Freelancers and consultants frequently experienced late payments, creating IRS reporting risks and damaging crucial vendor relationships.
● Lost profitability insight: Visibility into project profitability was completely lost, causing margins on time-and-materials contracts to slip dangerously without early warning systems.
● Compliance nightmares: Adhering to SOX and SEC audit standards required enormous manual effort, consuming weeks of valuable time and driving up costs.
Project and client-tagged spend cards reduced non-billable leakage by 20% whilst significantly accelerating reconciliation processes.
Automated payouts with multi-currency wallets cut vendor payment delays by 80% and saved $20,000–$40,000 annually on foreign exchange fees.
Advanced dashboards now track project burn versus budget in real-time, improving margin visibility by 10–15% across all client engagements.
Immutable transaction logs and automated compliance packs improved travel and entertainment spend compliance, streamlining SOX/SEC processes and reducing audit prep time by 60–70%.
Reduced non-billable leakage by 20%, billing disputes decreased by 50%. Monthly book closings are 3–5 days faster
Firm saved $25,000–$50,000 on FX, multi-currency optimization saves additional 1–2% on international engagements
Engagement margins are visible in real time with 10–15% improvement, 3–5% revenue recovery from previously lost billables