Case Study: Parakletos achieves $270K annual revenue gain, 4x client growth and 25 hours/week savings with Canopy

How Parakletos Bookkeeping Increased Profits By $270K and Cut Hours

Parakletos, a family-owned accounting firm in Oklahoma with 15–18 employees, faced an overworked, disorganized bookkeeping team that couldn’t scale without adding costly staff and frequently relied on loans each fourth quarter. The firm’s five-person bookkeeping department needed better workflows, remote access, and a way to grow revenue and capacity while maintaining client relationships—so they turned to Canopy and its cloud-based bookkeeping tools.

Canopy’s cloud software and client portal streamlined communications, file storage, and task management, enabling Parakletos to quadruple its client base, add roughly $270,000 in annual revenue, and save about 25 hours per week. With Canopy, the team increased each bookkeeper’s caseload from ~10 to 30–35 clients, avoided seasonal loans, added staff funded by bookkeeping revenue, and smoothly transitioned to remote work during COVID-19.

Parakletos

Brielle Beard

Head of the Bookkeeping Team