The benefit to you of using Cashmanager RURAL ONLINE will depend on your circumstances and the operating model.
Whether you are a farm owner or the manager, the same benefits apply. It's all about fostering "teamwork, communication, ownership and trust."
And let's not forget the owner operator. Cashmanager RURAL ONLINE has much to offer!
Operating models
Accounting clerk data entry driven
- Accounting clerk enters transaction data at their office. Importing data using Banklink for the import and coding. Or importing from bank statements and farm supply company's monthly statements (eg. CRT, Farmlands, RD1 or PGG Wrightsons) and using 'Auto-code' to apply codes to every entry.
- Farm manager asked to review codes
- Accountant produces monthly reports
- Farm manager maintains the budget, perhaps in consultation with an advisor
Farm driven data entry
- Farmer / Farm manager / Farm secretary enters transaction data, importing from bank statements and farm supply company's monthly statements (eg. CRT, Farmlands, RD1 or PGG Wrightsons) and using 'Auto-code' to apply codes to every entry
- Accountant regularly reviews data, produces reports and assists with management
- Farmer / Farm manager maintains the budget, perhaps in consultation with an advisor
Farm Owners
Owners, equity partners and financiers can achieve as little or as much involvement as they desire. Where targets are set and managers are expected to perform there is no substitute for involving them at all levels, facilitating their ownership of the outcomes, but using a system that ensures the owner is keeping a regular eye on the operation.
- Improved communication
- Lowered risk
- Achieving goals
- Creating a cycle of improvement
Farm Managers
By using Cashmanager RURAL ONLINE, farm managers can be far more involved in planning, implementation and review. It allows them to achieve a high degree of autonomy while closely involving owners and stakeholders.
- Prompt access to accurate data
- Ability to get professional support where needed
- Ability to provide good communication to owners
- A new sense of 'owning' the outcomes.
Owner Operators
Cashmanager RURAL ONLINE has many benefits for owner operators.
- Ability to have someone else do the data entry
- Ability to involve rural professionals
- Ability to access your data from the home or beach.