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The Accounting Industry Index – how firms compete and scale

The accounting industry has long lacked standardized, operational benchmarks. This is the first-ever Accounting Industry Index, created to provide clear, data-driven benchmarks for the accounting industry.

We analyzed operational data from 15,000+ accounting firms in 2024-2025 to build the industry’s first quarterly Industry Index.

Firms using TaxDome grew their client bases by 22% year over year from 2024 to 2025.

90% of clients who log in to the TaxDome client portal once return for future activity instead of reverting to email, phone calls, or paper.

Firms that link invoices to deliverables get paid in 4.4 days on average, compared with 11 days for firms that don’t. That’s 2.5x faster.

Read the full report

Not a survey or opinions, but real operational behavior. Get the report built to help firm owners answer one big question: How do we compare?
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What you can benchmark using the Accounting Industry Index

Client and team growth benchmarks by firm size, from solo practitioners to large firms

Revenue and GMV trends, including digital vs. offline billing performance

Automation and workflow adoption, showing how firms scale efficiently

Client experience indicators, demonstrating how satisfaction holds up as firms grow

What the fastest-growing firms are getting right

“After having thousands of firms pass through my coaching program, I can confidently say that the biggest lever for growth, without adding much complexity or cost, has to be improving your pricing strategy. Nothing does more than to boost the top and bottom lines.”

Ryan Lazanis

Ryan Lazanis

CPA, founder at Future Firm

“Automation and workflow tools are huge, especially for smaller or growing teams. They cut down on busywork, help avoid missed or lost work, and let firms spend more time actually helping clients and less on admin and follow ups.”

Patrick Payne

Patrick Payne

Owner of Your Modern Accountant

G2 High Performer, Spring 2025
G2 Momentum Leader, Spring 2025
Capterra Shortlist 2025
G2 High Performer Americas, Winter 2024
G2 Leader, Winter 2025
G2 Momentum Leader, Winter 2025
G2 Users Love Us
Software Advice Front Runners 2025
Silver Stevie Winner 2026, sales and customer service
Silver Stevie Winner 2026, great employers
CPA Practice Advisor Readers’ Choice Awards 2026 winner

How accounting firms are really growing in 2026

This first-of-its-kind report distills millions of real operational data points into the benchmarks that matter most to firm owners today, revealing how demand, revenue, capacity, and specialization evolve as firms scale.

Client demand is accelerating

Accounting firms are adding clients at a pace rarely seen in a mature professional services industry, showing +21.7% average client growth YoY. Growth is positive across all firm sizes, confirming sustained demand for accounting, tax, and bookkeeping services.

Revenue is scaling faster than headcount

Firms are increasing revenue faster than they are hiring, proving how standardized workflows and digitalization enable firms to grow without linear increases in cost: +27% GMV vs. +10.4% team growth YoY.

Digital billing drives faster revenue growth

Firms that rely more heavily on digital billing workflows see materially higher revenue growth, reinforcing the role of automation in scalable monetization: we see up to 35% YoY GMV growth through online payments.

Specialization compounds pricing power and retention

​​As clients grow more complex, they increasingly seek specialized accountants and are willing to pay ~25% more. Once firms move toward niche services, clients rarely move back to generalists.

Why we built the Accounting Industry Index
When we looked at how accounting firms measure growth, we saw that many are flying blind. They feel like they’re growing, but don’t know how their growth compares — or whether it’s efficient and sustainable. So we analyzed firms operating on a single system and uncovered clear, repeatable growth patterns. This Index shares those benchmarks, replacing guesswork with clarity.
Petar Iliev, Chief Revenue Officer at TaxDome

Why firm owners use the Accounting Industry Index

  • Use benchmarks to make your growth real

    Most firms know they’re busy, but few know how their growth compares. The Index replaces gut feel with clear, data-backed benchmarks.

  • Avoid risks of scaling without visibility

    When revenue, hiring, and operations fall out of sync, growth slows and margins erode. These benchmarks help identify misalignment before it becomes a bottleneck.

  • Measure the market and move with it

    Client expectations, pricing dynamics, and operational standards are changing fast. Firms that track these shifts stay ahead; those that don’t are left reacting.

Benchmark your firm against real industry data

Download The Accounting Industry Index to see how your firm compares across demand, capacity, revenue, operations, specialization, and client experience.

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