Scrutton Bland Agricultural Newsletter

T his new partnership with the New Zealand founded technology firm, sees Scrutton Bland strengthen our cloud accounting and business advisory service sblive and closely follows the announcement in October as the UK’s first certified partner of GoCardless, the direct debit app. Figured is designed to take the stress and frustration out of financial planning and management for farmers by combining up-to-date farm production data with real-time transactional data on a cloud platform to provide an accurate view of the farm’s financial position both current and forecast. Being cloud-based and integrated with Xero, one if the UKs biggest cloud accounting software providers, means that Farmers and their advisors can work together collaboratively, look at the same figures and proactively work on the financial health of the farm business.

Nick Banks , Business Advisory Partner and Head of Scrutton Bland agricultural division has been working alongside Figured as part of a development group to test and advise on the software for the UK market. Speaking about the announcement. Nick said: “The role of accountants has been changing for some time, businesses and in particular those working in the agricultural sector, now require Business Advisers who can take a broader view of their clients operations and want to work with an adviser with whom they can build long term relationships and who can get to know their business as it evolves.” “As advisers, we need to ensure that we are delivering the very best solutions for our clients and cloud technology is at the forefront of that, particularly with HMRC’s Making Tax Digital on the horizon” “as traditional farming busiensses develop and diversify, it means that we, as advisers, need to help our clients keep on top of their finances, using software like Figured enables us to  start conversations earlier with our clients as we identify any issues or opportunities and deal with them faster” Ryan Pearcy, who recently joined Scrutton Bland as a cloud expert “thinks is an amazing solution for the UK farming sector.” “Having a farm’s financial, stock and crop information in one place, in real time, means freeing up much needed time for the farmer as they no longer have to pour over spreadsheets or look at multiple files to create an overall picture of how well the business is doing, and therefore giving them more time to get on with their business” If you would like to understand the benefits of adopting cloud based technology for your business or simply find out more about Figured contact our sblive team who can help.

For more information on sblive visit our website or call the sblive team on 0333 234 7144.

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