Reckon Syncdirect presentation at Reckon Group Conference
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Title Goes Here Subtitle Goes Here SYNCDIRECT Automated, anytime access to client data
description
This presentation was given by Grant Linton at Reckon Group Conference 2014 held at the Hilton in Sydney from 21-23 August. For more information visit www.reckon.com
Transcript of Reckon Syncdirect presentation at Reckon Group Conference
Title Goes HereSubtitle Goes Here
SYNCDIRECTAutomated, anytime access to client data
THE ISSUE
How to streamline processes across a range of technologies?
THE RESPONSE
ONE LEDGER
“THE ACCOUNTANT DOES ALL PROCESSING IN THE SAME SYSTEM AS THE CLIENT”
APS CONFERENCE 2013 One Ledger Realities
One Ledger Pros:
-More efficient
-Reduced re-keying of data
-Single source of truth
-No alignment journals
-Client collaboration and advisory opportunities
-Anytime access to data
APS CONFERENCE 2013 One Ledger Realities
One Ledger Cons:
-Less efficient
-Unable to get all clients on one system
-Perception of value and fee pressure
-Consistency and quality of reporting output
-Separate process, skills and training required
-Lack of integration to internal workflows
-Commoditisation – difficult to differentiate
(Tax, working papers, document management)
ONE PROCESS
“THE ACCOUNTANT PROCESSES ALL CLIENTS USING THE SAME ACCOUNTS PRODUCTION SYSTEM”
SOFTWARE DEMONSTRATION
DISCUSSION AND QUESTIONS?
Data Analysis – Benchmark vs. Industry Average
Data Analysis – Ledger KPIs
Data Analysis – Client Fees vs. Performance
