“I’ve found the upgraded livestock model excellent,” says David. Using the new monthly stock reports that are similar to cashflow, farmers and their advisors know exactly how many animals are on the farm each month and what stocking plans are needed for the coming months. This makes financial decisions and planning for resources like feed supply much easier,” David says.
“Livestock also brings a more collaborative approach to farm management. It’s easy to change budgeted transactions so all parties can now see the impact a change in stock value or change to planning has on the cashflow,” he added.
David grew up in the Wairarapa with parents working as stock and station agents and owning their own rural contracting business. This background proved invaluable during his 27 years’ experience accounting in Masterton where he worked with Allan Newman, who now owns Enumerate.
More than 50% of Enumerate’s customers are rural and of their Cashmanager RURAL clients, half have switched to use it online. “Not only does it save time as the data is ‘live’ allowing information to be updated straight way – it also makes meetings with our clients and their advisers far more productive,” notes David.
For monthly management reporting he estimates Cashmanager RURAL has more than halved the turnaround time needed to update client’s data. It has also eliminated version control issues and time lags waiting for backups and files to be transferred.
Looking to the future, David is excited by the prospect of the next generation of farmers embracing technology and enjoying the benefits Cashmanager RURAL brings to planning and managing farm accounts.