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6 essential KPIs for efficient cloud bookkeeping

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New business systems bring new metrics to measure your firm’s performance. As new technology increases your practice’s potential to grow and add value, you need to implement KPIs that monitor how well you’re achieving your goals.

Luckily, digital processes make it easier than ever to track the data behind your performance.

There are 6 essential KPIs to measure if you want to enhance the profit and productivity of your bookkeeping.

  1. Bookkeeper: Client Ratio
  2. Monthly Recurring Revenue
  3. Average Revenue per Bookkeeper
  4. Average Production cost per Client
  5. Client efficiency
  6. Number of client referrals and exits

Discover how you can implement these metrics in your practice to make a real difference to your efficiency.