10 Essential Money Metrics for Accountants
Want to make this year even more profitable? Start tracking these 10 metrics every month.
Many accounting firms do not track the data necessary to measure their financial health. Even fewer are doing so in a way that allows them to take proactive action that grows their firm.
Every business needs a simple dashboard of metrics that allows them to track how they’re doing and pivot with agility if necessary. But which metrics should you focus on?
Which will give you a well-rounded picture of your financial health from month to month? Below are ten Key Performance Indicators (or KPIs) that your firm can track and measure every month.
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Why Mango?
Mango Practice Management is an all-in-one practice management solution made by accountants, for accountants. Mango’s client-friendly suite of software tools makes it easy to run your firm, regardless of size.
If you want to simplify how you run your accounting firm and grow your profits, stop using outdated, complicated systems, and start using Mango Practice Management today!
- Automated, Customizable Workflows
- File Sharing & eSignature with Bank-Level Security
- Click 'n Pay Invoices
- Airtight Time Keeping
- Easy-to-Use Client Port
Testimonials about Mango
I’m impressed with Mango’s features and user experience. It’s hands down the best software I’ve used in my practice. It streamlines all aspects of my firm and ensures I get paid more quickly. Everything about Mango caters to the needs of accountants – it does the heavy lifting of running my firm so that I can focus on my clients.
James L.Kent
CPA, PC
Thanks again for your help, I have mentioned Mango Billing to a few groups of colleagues, so hopefully they sign up soon as well. I used Jetpack Workflow, SmartCenter, ATOM and Mango beat them all in client management, time tracking and billing, and scheduling. If you guys can somehow add document management to it that will let you view, edit, save files directly in the system then you guys will definitely win over a lot of Tax and Accounting Firms.
Winai Xiong
EA Payroll & Tax Solution, Inc., Clovis, CA
I implemented Mango Billing 5 months ago for our firm and wanted to drop you a line to thank you. Over my 27 year career as a CPA we’ve used 4 different time and billing systems. I was looking for a web based application that was easy to use. Our previous desktop software was too cluttered with unimportant fields, verbose reports, and had occasional technical problems. I had been evaluating software for several months to replace our desktop system and was very pleased when I ran across Mango Billing. The extensive features and simplicity are spot on for my firm. The staff find the dashboards useful and they love the time tracking features. Finally, I can’t tell you how much I appreciation your personal attention to my needs and flexibility in helping me setup the system. Thank You!