I guess my first post was in a duplicate thread, so most of the info was redundant.
I also usually use the back of my Suunto tandem as my target and don't have a problem hitting it, but we rarely seem to have shots over 30 meters or so, and usually they are shorter. Having a light on the target and someone with their back to you to tell you if you're on it and how steady you are also helps. I have experimented outside with longer shots and it obviously harder to remain steady at longer distances. My Leica also has a timer feature on it, with a tripod mount I bet you could take longer shots more accurately with a spotter on point, but it would also be slower. I found for the longer shots even just pressing the button is enough to knock you off point.
"Look at this, steady as a rock. Too bad THIS is my shootin' hand!"