Reckon's SyncDirect allows accountants and bookkeepers to automate data collection, regardless of the SME accounting software used by their clients.
Part of the Reckon APS suite, SyncDirect collects clients' accounting data from Reckon Accounts, MYOB AccountRight, Xero and other systems - even Excel spreadsheets - and makes it immediately available to Xcede Professional Accounting (XPA).
This improves the efficiency of bookkeeping and accounting practices, and also benefits small businesses as it makes it easier for firms to recommend the SME accounting software that best suits the individual client's requirements rather than the one that fits in with the firm's operations.
"SyncDirect completely cuts out the laborious task of manual data entry associated with client systems that don’t match up," said Sam Allert, Reckon's ANZ managing director.
"Accountants can give their clients freedom of choice, to use the accounting software that most suits their needs, while still maintaining efficiencies and cost-effectiveness in their practice."
Caroline Wilcher, director of XPA user Boyce Chartered Accountants, said "Boyce firmly believes in clients using the best accounting system for their needs. SyncDirect allows us to fully maximise our existing investment in customised XPA sheets and also gain efficiency savings when working with different accounting systems."
Allert added that as SyncDirect makes data available to accountants on a real-time basis, it makes it possible for them to act as a client's virtual CFO.
That was supported by Wilcher, who said SyncDirect has increased the amount of time Boyce is able to spend on their client-value offerings including monthly management reports.