Value of Invoices
Amount of money that the company is spending on paying its various invoices.
What is Value of Invoices?
As well as offering subscriptions or products to clients and getting revenue out of them, a company also receives invoices. There are many different services involved in creating and maintaining a company, and all of them need to get paid regularly.
Therefore, this KPI will show the accumulated value of those invoices. It can act both as a reminder to pay them and an indicator for the profitability of a business. This is, if the invoices are higher than the revenue, you probably need to either cut down on some services or adjust your strategy to target a larger audience. In any case, this metric brings real insight into your finance.
Pre-built widgets to display Value of Invoices
Value of Invoices vs Last Month
How to calculate Value of Invoices?
( Sum(New Invoice,Value) )
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