Scrutton Bland has signed a preferred partner agreement with leading financial software company Figured, making the East Anglian based financial services firm the first to offer this app to clients in the South East.
This new partnership with the New Zealand founded technology firm, sees Scrutton Bland further strengthen its cloud accounting and business advisory service sblive and closely follows the announcement of the firm 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. Figured achieves this 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 of the UKs biggest cloud accounting software providers, means that farmers and their advisers 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’s 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."
He went on to say: “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 businesses 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”.
Speaking about the expansion of Scrutton Bland’s sblive solution, Ryan Pearcy, who recently joined the firm with the remit for developing their cloud offering, said:
“Figured 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”.
sblive is a cloud based business solution which takes leading accountancy software and integrates it with professional advisory services to deliver a complete business advisory package.
With a flexible ‘menu’ of services, sblive allows businesses to select the digital and professional business support they need, when they need it, giving them greater control over the way they manage their finances. Fully customisable, sblive can be tailored to each individual business by bolting on specific apps and services specifically designed for their industry or sector.
More information about sblive
can be found here.
For more information on Scrutton Bland please contact:
Erica Gilson, Marketing & Business Development Director
t: 01473 267000
Note to editors:
The Scrutton Bland Group (Scrutton Bland) includes Scrutton Bland LLP and Scrutton Bland Financial Services Limited and is a provider of insurance broking, accountancy, tax, employee benefits and chartered independent financial advice. From offices in Colchester, Ipswich, Cambridge and Diss, Scrutton Bland serves a range of clients from small owner managed businesses to large corporate organisations and offers professional advice on personal investments through to work place pensions.