Farmplan to launch a full cloud-based accounting solution in 2020 to complement its existing range of accounts programs.
Cloud solutions offer a number of benefits, easier and more efficient communication, immediate access to real-time data and minimising manual data entry.
Anne Cianchi, Farmplan Project Consultant, discussed the development of Farmplan’s cloud accounting solution:
“Although a wide range of cloud accounting software is already on the market, many of these are not specific to agriculture…and none of these offer the complete bookkeeping package – until now. Farmplan’s specialism in this sector allows us to develop a tool which not only enables farming businesses to take advantage of cloud functionality, but also provides the agriculture-specific functionality for which we are well known. This deep industry knowledge and our focus in the sector will ensure that we can put the needs of farms and rural businesses at the solution’s core.”
Development is being completed in stages, and Farmplan have been working closely with their customers to identify and prioritise the most important functionalities. The first phase will include features such as an accountant’s dashboard, multi-user, user permissions, bank feeds, bank rules and agricultural specific terminology.
For example contras, deducted charges from a sale or purchase, are commonly found in the farming industry, and require separate VAT for both the sale and expense. If a farm sells some cattle, the market will charge commission which is then deducted before the net amount is paid. Most mainstream accounting applications – including major cloud offerings – are not able to handle contras directly, requiring complicated and time-consuming adjustments to deal with them correctly. Farmplan’s solution handles contras seamlessly, without the need for unnecessary extra work.
Anne continued: “This is only the beginning for our cloud-based solution. Our focus is to produce a highly valuable management tool which will combine the extensive functionality of our existing desktop system with the benefits of cloud functionality, such as improving accuracy and providing better analytics, by linking with other online tools and resources.”
In addition to providing the agricultural tools Farmplan’s customers require, the cloud software package will also include telephone, email and in-app support from an outstanding support team, plus training from our dedicated training department, all backed by a wealth of knowledge in accounts and agriculture.
“We know from customer reviews that our support is highly valued, and we are therefore totally committed to continuing our unrivalled service across cloud and desktop products,” added Anne.
“This cloud offering will be an additional product to our existing range of Business Manager programs, but it will not replace these systems. Development of both cloud and desktop systems will continue. We will keep customers informed as the development progresses, but please be sure to check our website – www.farmplan.co.uk – and on social media for further announcements.”