MoraeSpend Intelligence
Insurance Claims edition

Month-end accrual · September close

Firm-reported WIP plus predicted unbilled work from phase forecasts · last quarter's firm-only accrual under-stated the actual
Due 5 OctSend to finance
$6.4M
Proposed accrual
selected firms
$4.1M
Firm-reported WIP · 9 of 11 firms responded
$2.3M
Predicted unbilled · from phase burn and cycle models
6%
Accrual vs actual error, trailing 3 months
was 31% firm-only
By firm
Untick to exclude a firm pending its response
FirmReported WIPPredicted unbilledProposed accrualStatus
Firm A$610,000$330,000$940,000Firm reported 25 Sep
Firm B$520,000$290,000$810,000Firm reported 25 Sep
Firm C$480,000$260,000$740,000Firm reported 25 Sep
Firm D$740,000$470,000$1,210,000Firm reported 25 Sep
Firm E$390,000$210,000$600,000Firm reported 25 Sep
Firm F$350,000$190,000$540,000Firm reported 25 Sep
Firm G$450,000$240,000$690,000Firm reported 25 Sep
Firms H–K (4)$560,000$310,000$870,000Reminder sent