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In today's business environment the demand for efficiency is changing the traditional function of accounting firms. It is becoming increasingly important in your role as accountant to provide relevant and accurate advice on business performance rather than just completing compliance requirements.
This value-added service is suitable for 30-60% of your business clients and offers you both productivity and profitability gains...Over to you on how much you charge your clients for a set of professional and informative reports you produced in 60 seconds!
Plus, additional consulting work can be gained as you work with your clients to develop plans to improve areas of the business.
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- 75% of small to medium sized businesses are looking for advice on profitability and performance. SME Research, n=600
- 45% are willing to pay up to $2,000 for advice on profitability and performance. SME Research, n=600
- Fast-growth companies who used a benchmarking database to measure business performance against their peers achieved 69% faster growth and 45% greater productivity over those who did not. PricewaterhouseCoopers 'Trendsetter Barometer' survey
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With the collaborative efforts we're made and continue to make with our business partners and our industry knowledge we've been able to integrate and automate Acclipse BenchmarkIT to a remarkable degree. Tasks which previously took hours now take only minutes!
By importing data directly from your practice ledgers*, you are ready to print reports immediately. Simply enter in the optional non-financial data (such as number of staff, floor area etc), then print the reports...check out the simply 1-2-3 process.
When you print the reports, the data is automatically encrypted and securely transmitted to the BenchmarkIT central server ready for validation. After validation, the data is added to the general data pool ready for automatic distribution back to BenchmarkIT subscribers.
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- Acclipse BenchmarkIT imports data directly from your practice ledgers* saving you hours of manual entry...and substantially increases the accuracy of the data entered!
*Acclipse BenchmarkIT integrates with APS Advance, Handisoft, MYOB Accountants Office and Solution 6 MAS ledger systems.
- Acclipse BenchmarkIT provides standard master mappings for all supported General Ledgers*, so you can be up and running quickly.
- Acclipse BenchmarkIT completely integrates with APS Xcede Professional Accounting v8.5+, which means you can produce BenchmarkIT reports without even changing programs!
- Acclipse BenchmarkIT also integrates with Acclipse ForecastIT so you can easily verify how realistic your forecasts are based on industry results.
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- Acclipse BenchmarkIT uses industry standard ANZSIC codes to define industry categories. This means you can report against the standard and not just arbitrary groupings.
- Acclipse BenchmarkIT also uses post codes to assign geographical id's to allow comparison of your client's business on a regional level.
- Acclipse BenchmarkIT automatically synchronises online with a master database so you don't need to worry about installing new data or applying updates to the software.
- Acclipse BenchmarkIT provides regular updates via the online connection to ensure you are benchmarking against the latest figures. This means you analyse current business trends rather than benchmarking against last year's economy.
- Acclipse BenchmarkIT includes templates for specific industry sectors such as agriculture.
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