There's another new player in the forecasting and reporting space!
So, what is RT Reporting?
RT Reporting is a simple & effective forecasting, reporting & goal setting tool used by Accountants & Bookkeepers to provide valuable insights to their SME clients. Their software is your one-stop-shop to provide fantastic insights to your clients in a simple, affordable & easy to understand way! RT Reporting comprises 3 key aspects that help you scale and streamline your advisory processes to make forecasting & reporting a breeze!
3 Ways RT Reporting can help your clients
Whether it's helping onboard a new client or speaking with one of your existing clients, a great place to start is understanding their current situation and setting goals for their future aspirations. RT Reporting makes this incredibly simple by mapping out where your client is today, where they would like to go & how they can get there by tweaking a few key drivers. The goal setting feature in RT Reporting will also provide recommendations for how your clients can improve their business as well as an Action Item list where you and your client can start putting down tasks to reach these goals.
Cash Flow Forecasting & Budgeting
After understanding your clients current situation and future aspirations, RT Reporting will help you build a 3-way forecast (Income Statement, Cash Flow & Balance sheet) all in a matter of seconds! Their forecasting tool is incredibly user friendly and easy to use. After adding in the assumptions and various scenarios for the year ahead, your clients will have great visibility on their projected cash flow and a clear understanding of what impact different decisions could have i.e. What is the impact of hiring a new employee on my cash flow? What could be the implication of purchasing this new asset etc.
Monthly Reporting and Live Dashboards
After building out a strategy and plan for the months and year ahead, it is now crucial that clients stay on track. RT Reporting has auto generated insights for you to see how your clients are tracking on budget to actuals, key performance indicators as well as providing ongoing visibility of upcoming expenses
If you'd like to find out more details on how RT Reporting could help your accounting firm, get in touch with us.
Clarity Street was conceived from years of engaging with Accounting firms on a daily basis and a constant desire to make Accounting firms & SME’s more efficient and profitable.