Accountants and Bookkeepers
Increasing pressures on accounting firms to comply with changes in accounting standards, for example, FRS102 or IFRS16, and the introduction of Making Tax Digital in the UK means that more time is consumed preparing accounts before the figures can be finalised. nettTracker helps automate required adjustments, and updates the required working papers needed to reconcile the balance sheet.
Fractional CFOs, Group and Management Accountants
Monthly or quarterly financial reporting requires a regular ‘period-end’ close routine. This usually involves maintaining multiple spreadsheets, entering accounting journal entries, and manually reconciling values on the balance sheet against statements held in Excel. The period-end routines automated by nettTracker can reduce time spent at month-end from hours to minutes.
