Amount of money that the company is spending on paying its various invoices.
Formula:
(
Sum(New Invoice,Value)
)
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.