Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Helping farmers save time and take control

17 October 2016

Helping farmers save time and take control

With volatility in the dairy payout, there has never been a more important time to have a clear picture of your farming business’ performance.


And according to Figured’s marketing manager Monica Shepherd, nearly 40 per cent of farmers surveyed at the New Zealand National Fieldays, said they wanted more advice from their accountants on how to achieve just that.

In response, Dairy Women’s Network is running a free dairy module called ‘Farming in the Cloud’ with its partners Figured, Xero, ASB Bank and Crowe Horwath.

‘Cloud accounting’ as it’s now dubbed, describes accounting systems that are hosted on the internet, or ‘The Cloud’.

“The beauty of a cloud-based accounting system for farmers is that they and anyone from their farming team can access financial information in real-time, giving users accurate and up-to-date information whenever they want it,” said Shepherd.

Cloud accounting tools Figured and Xero offer farmers much faster access to information, saves them time, gives them more visibility of their finances, and allows them to better plan for their futures as they’re able to create financial forecasts.

“Members who attend these modules will learn practical tips and tricks for using Figured and Xero, which connect with banks and farm suppliers, meaning they can manage their suppliers, resources and partners from one system.”

The module is an opportunity for farmers to speak directly with product specialists, get insight from rural accounting experts and gain confidence in managing farm finances online. Attendees will also have the option to talk to ASB about taking up a free Figured subscription for a year, said DWN chief executive Zelda de Villiers.

“Our partners Figured, Xero, Crowe Horwath and ASB are all committed to lifting the financial performance of farming businesses in New Zealand and through their relationship with us they want to offer a module that will help as many farmers as possible to better understand their finances and take a proactive approach.”

For more information or to register for an event near you, visit www.dwn.co.nz

-ENDS-


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Paymark: Lockdown Equals Slowdown For Some

The three days of lockdown for Auckland earlier this month made a clear impression on our retail spending figures. While only Auckland moved into Level 3 lockdown, the impact was felt across the country, albeit at different levels. Looking at the ... More>>

Infrastructure Commission: Te Waihanga Releases Report On Water Infrastructure

The New Zealand Infrastructure Commission, Te Waihanga’s latest discussion document highlights the importance of current reforms in the water sector. Its State of Play discussion document about water infrastructure is one of a series looking at the ... More>>

Sci-Tech: Perseverance Rover Lands On Mars – Expert Reaction

NASA has landed a car-sized rover on the red planet to search for signs of past life. The vehicle has more instruments than the four rovers preceding it, and it’s also carrying gear that could help pave the way for human exploration of Mars. The ... More>>

ALSO:


ASB: Quarterly Economic Forecast Predicts OCR Hike As Early As August 2022

Predictions of interest rate rises have been brought forward 12 months in ASB’s latest Quarterly Economic Forecast. Chief Economist Nick Tuffley now expects the RBNZ to begin raising the OCR from its current level of 0.25% as early as August ... More>>

ACT: Matariki Almost A Half Billion Dollar Tax On Business

“Official advice to the Government says an extra public holiday at Matariki could cost almost $450 million,” ACT Leader David Seymour can reveal. “This is a perfect example of the Prime Minister doing what’s popular versus what’s responsible. ... More>>

Genesis: Assessing 6,000 GWh Of Renewable Generation Options For Development By 2025

Genesis is assessing 6,000 GWh of renewable generation options for development after starting a closed RFP process with 11 partners. Those invited to participate offer a range of technologies as Genesis continues to execute its Future-gen strategy to ... More>>

OECD: Unemployment Rate Stable At 6.9% In December 2020, 1.7 Percentage Points Higher Than In February 2020

The OECD area unemployment rate was stable at 6.9% in December 2020, remaining 1.7 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. [1] In December, the unemployment rate was also stable ... More>>

Stats NZ: Unemployment Drops To 4.9 Percent As Employment Picks Up

The seasonally adjusted unemployment rate dropped to 4.9 percent in the December 2020 quarter, from 5.3 percent in the September 2020 quarter, Stats NZ said today. Last quarter’s unemployment rate of 5.3 percent followed the largest increase observed ... More>>