Measuring Efficiency: Why Billable Hours Aren’t Enough
Let’s say your firm is evaluating two staff accountants, who each have about the same level of experience and turn in work of relatively equal…
read more
3 efficiency metrics that measure how firms do business today
Now that technology gives firms the ability to do more with less, the value you bring clients isn’t based on counting the hours spent working…
read more
3-step plan to build better metrics
With technological advances, cloud-based solutions, and evolving service offerings, the tax accounting profession has changed. And along with it, the way firms measure efficiency is…
read more
5 Metrics to Measure for Peak Performance
Whether it’s cloud-based solutions or predictive analytics, technology is helping firms today enhance their performance outcomes in five key ways: Agility, efficiency, growth, profitability and…
read more
Changing Mindsets for Advisory Services
At our recent Boomer Technology Circles Summit, expanding the firm’s advisory services was a hot topic. Some firm leaders are asking how they can hire…
read more
Accounting Firm KPIs That Fit Your Firm
Managing partners from across the US are constantly monitoring their firm’s performance to stay ahead of the curve. Those who lead the profession, however, are not…
read more
How Firm Management Processes are Holding Your CPA Firm Back
Firm management software like time entry, billing, accounts receivable, and financial management are often considered non-mission-critical to CPA firms, but they can have a big…
read more
Efficiency Metrics that Matter
How does your firm measure efficiency? For many firms, measuring Realization (the ratio of hourly rate multiplied by hours spent, divided by amount billed) is…
read more