Agricultural Benchmarks

Red Sky Agricultural is a leading supplier of farm performance anaylsis in Australia, New Zealand and South Africa. By working closely with Red Sky, we have extended Acclipse BenchmarkIT to include the agricultural industry. So on top of having a value-add service for 30-60% of your business clients, you also have a service relevant to 90% of your farming clients.

Acclipse BenchmarkIT with Red Sky Agricultural reporting helps you and your farming clients to answer all the important questions such as:

• How is my farm performing?
• How might I improve that performance?
• Shoud I buy that block of land that is coming up for sale?
• What level of performance should I reasonably expect from my present land or any new farm I might wish to purchase?
• Should I be running more stock?
• Should I be moving some of my assets to a different farming sector?
• Does my runoff or outpaddock provide me with a reasonable return on the money that is invested?

The mix of both financial and physical measurement is the key to analysing business performance and designing business plans in the agricultural industry.

Along with producing ratios that determine return on assets as well as equity, there are ratios that determine debt level and equity growth, cash movement and degree of risk.

On the physical side there are ratios that describe animal performance as well as calculations of pasture harvested per hectare and feed costs split between pasture, forages and concentrates. There are also a number of staff ratios that indicate level of performance in this area.

With Acclipse BenchmarkIT you can now easily import the relevant financial information from your firm's general ledger system* and then following the easy to use input forms, enter the equally important non-financial data, such as peak milking numbers and total number of head shorn.