Pyx · for fixed-fee, project-based, and outcome-based firms
Internal cost ledger so margin is knowable, matter by matter. External value attestation to clients without itemizing hours. The procurement edge over billable-hour competitors.
The fixed-fee firm's hidden problem
No timesheet means no cost ledger. No cost ledger means no margin data. You bid the next fixed fee with the same gut you used last time — and absorb whatever the actual cost turns out to be.
The client paid a fixed fee. The deliverable shipped. The renewal conversation has nothing to point to except the deliverable itself and the partner relationship. You can't show the work without itemizing hours — which defeats the entire pricing model.
Your fixed fee lands next to three AmLaw bids on a spreadsheet. You're winning on price predictability. You have nothing to add on accountability — because the audit story belongs to the firms with the timesheets.
Solution one · internal cost transparency
Auto-captured time from work artifacts builds a per-matter cost ledger separate from anything you bill the client. Partner hours, senior associate hours, mid-level hours, paralegal hours — each at internal cost rates, summed per matter. Now you can see margin matter-by-matter and price the next engagement with data instead of memory.
— Stop pricing on partner instinct. Start pricing on data.
| Timekeeper | Hrs | Rate | Cost |
|---|---|---|---|
| Partner | 42.0 | $420 | $17,640 |
| Senior associate | 68.5 | $220 | $15,070 |
| Mid-level | 94.0 | $140 | $13,160 |
| Paralegal | 36.0 | $80 | $2,880 |
| Total cost | $48,750 |
Solution two · external value attestation
A signed envelope at submission attests to every artifact you delivered: documents drafted, diligence questions resolved, negotiations conducted, closing items completed. Cryptographically signed. Client-verifiable. The fixed fee stays fixed. The proof of value becomes auditable.
— The renewal conversation moves from instinct to evidence.
240.5 hours of work, cryptographically attested.
Solution three · the procurement edge
Your fixed fee is already winning on price predictability. Add OBP-L conformance and you also win on accountability — a signed ledger of every billable line of work delivered, anchored cryptographically. Brightflag-style spend management has nothing to compare it to.
— Price predictability + cryptographic accountability. Their RFP has neither.
Press story. Procurement positioning. Industry signaling. All from one technical commitment — and you're early enough to claim it permanently. The fixed-fee firms get there first because they have more to gain from the protocol than the billable-hour firms do.
What this costs
Bring a recent fixed-fee engagement. We'll show you the cost ledger we'd build, the value-attestation envelope your client would receive, and what OBP-L conformance would let you put in your next RFP response.
Schedule a walkthrough →