diff --git a/netbox/utilities/counter.py b/netbox/utilities/counter.py
new file mode 100644
index 000000000..3041501c0
--- /dev/null
+++ b/netbox/utilities/counter.py
@@ -0,0 +1,68 @@
+from django.db.models import F
+from django.db.models.signals import post_delete, post_save, pre_save
+
+from .fields import CounterCacheField
+
+counters = {}
+
+
+class Counter(object):
+    counter_name = None
+    foreign_key_field = None
+    child_model = None
+    parent_model = None
+
+    def __init__(self, counter_name, foreign_key_field):
+        self.counter_name = counter_name
+        self.foreign_key_field = foreign_key_field.field
+        self.child_model = self.foreign_key_field.model
+        self.parent_model = self.foreign_key_field.related_model
+
+        self.connect()
+
+    def validate(self):
+        counter_field, _, _, _ = self.parent_model._meta.get_field_by_name(self.counter_name)
+        if not isinstance(counter_field, CounterCacheField):
+            raise TypeError(
+                f"{self.counter_name} should be a CounterCacheField on {self.parent_model}, but is {type(counter_field)}"
+            )
+
+    def connect(self):
+        """
+        Hook up post_save, post_delete signal handlers to the fk field to change the count
+        """
+        name = f"{self.parent_model._meta.model_name}.{self.child_model._meta.model_name}.{self.foreign_key_field.name}"
+        counted_name = f"{name}-{self.counter_name}"
+
+        def post_save_receiver_counter(sender, instance, **kwargs):
+            self.increment(instance, 1)
+
+        post_save.connect(
+            post_save_receiver_counter, sender=self.child_model, weak=False, dispatch_uid=f'{counted_name}_post_save'
+        )
+
+        def post_delete_receiver_counter(sender, instance, **kwargs):
+            self.increment(instance, 1)
+
+        post_delete.connect(
+            post_delete_receiver_counter,
+            sender=self.child_model,
+            weak=False,
+            dispatch_uid=f'{counted_name}_post_delete',
+        )
+
+        counters[counted_name] = self
+
+    def parent_id(self, child):
+        return getattr(child, self.foreign_key_field.attname)
+
+    def set_counter_field(self, parent_id, value):
+        return self.parent_model.objects.filter(pk=parent_id).update(**{self.counter_name: value})
+
+    def increment(self, child, amount):
+        parent_id = self.parent_id(child)
+        return self.set_counter_field(parent_id, F(self.counter_name) + amount)
+
+
+def connect_counter(counter_name, foreign_key_field):
+    return Counter(counter_name, foreign_key_field)
diff --git a/netbox/utilities/fields.py b/netbox/utilities/fields.py
index 8934e4ad6..d1becdf85 100644
--- a/netbox/utilities/fields.py
+++ b/netbox/utilities/fields.py
@@ -143,3 +143,12 @@ class RestrictedGenericForeignKey(GenericForeignKey):
             self.name,
             False,
         )
+
+
+class CounterCacheField(models.BigIntegerField):
+    """
+    Counter field to keep track of related model counts.
+    """
+    def __init__(self, *args, **kwargs):
+        kwargs['default'] = kwargs.get('default', 0)
+        super().__init__(*args, **kwargs)