Introducing Xero for farming: helping your team make the best decisions
The farming industry is ever-changing. And with a growing global population, farmers and their resources are feeling the pressure. Advancements in technology have improved the way farmers operate, but have also added layers of complexity. Today, farmers have to be skilled at everything – both on the farm and in the office.
And they can’t do it alone. It takes a team with the right tools to run a great farm. We want to equip farmers with the best technology, so they can take ownership of their business and achieve their goals.
That’s why Xero, Figured and PaySauce have come together to offer a fully integrated farming solution for farm owners and operators, and their farming team. Xero for farming is a solution for the whole farming team – from the farmer, to their accountant, banker, and consultant.
Working together, the team can bring different perspectives to the table to make better business decisions. We’ve realised the power of bringing together real-time data to form a bigger picture of a business. It’s how we use that data to inform decisions that’s going to continue to make a real difference to farming.
Having a team around you who all have visibility of the accounts means you can figure it out together. Having multiple minds looking at the same thing allows you to identify what’s going well, what’s not, and what needs to be done to head in the right direction.
How Xero, Figured and PaySauce can help you
Plan ahead with confidence
With accurate, up-to-date data from Xero, farming teams can easily make adjustments when farming conditions change.
Team effort
You, your farming team and your accountant can all input data into the same place. So, there’s less time spent on data entry and collating multiple spreadsheets.
Simple, easy-to-use software
Working online means you don’t have to download information and email it to your accountant. It’s an easier and more efficient way to work, with a user-friendly and intuitive experience.
Save time, get lending and get paid faster
Reduce admin, create invoices, pay bills on time, let your customers pay instantly. Plus, allow your financial services access to evidence forecasting in order to secure lending.
Stress-free payday
Ditch the paperwork and confusing calculations with an accurate and efficient payroll system. Digital timesheets, minimum wage top-ups, automated payments and IR filing.
With Xero for farming, farmers can see the complete picture for all their business operations. They can use scenario tools to plan ahead, budget and forecast efficiently, and save time on manual data entry. You can also have peace of mind knowing that HR compliance and regulatory requirements are met. Xero, Figured and PaySauce want you to create a more sustainable, profitable business that you can pass on to future generations.
What does this mean for accountants?
There’s an opportunity for accountants to become the primary trusted advisor to their clients. Having data from Xero, Figured and PaySauce in one place gives you better visibility and understanding of your client’s business so you can support them. This data is granular, accurate and timely, allowing you to give relevant advice to clients, and the confidence to act quickly.
Xero for farming enables rural accountants to become a valued contributor to the farmer’s business decisions. This partnership gives you data to drive proactive conversations with your farming clients, so you can talk less about the numbers and more about how they can meet their strategic objectives.
To find out more about Xero for Farming, visit our website.
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Source: Xero Blog