“The Cruncher doesn’t lie”
The Cruncher just does
The Cruncher will take a bank account and complete accounts to trial balance – without the time of setting up an accounting program, setting accrual accounts or the laborious task of preparing an online or other accounting package.
How Magic Happened
The Accidental Fintech Business
Introducing Fast Rabbit’s
CEO
Gavin Waring
We didn’t set out to build a fintech.
We built a machine that solves the problem every accountant, bookkeeper and business owner faces — the chaos between the bank statement and the financials.
Jared Diamond once wrote that necessity is not the mother of invention. Most great inventions start as something else entirely. Edison thought the phonograph would preserve the dying words of great men — then someone used it for music, and history changed course.
Our story’s much the same.
We were an accounting firm drowning in cloud software, endless reconciliations, and clients who just wanted to get on with running their businesses. In Australia, over 60% of enterprises are solo operators. Nearly 90% employ fewer than five people. These people don’t want to be accountants — they want clarity, not complexity.
The problem was simple:
Give a small business an accounting package, and you get what we called “monkeys tearing up newspapers.” Every click of a mouse led to another round of reconciliations, another mess to clean up, and less time to actually help clients.
So we built Cruncher — a swift AI machine that turns raw bank statements into full accounts, cash flows, and business stories. It shows where the money is buried, what’s moving, and what needs fixing — all overnight.
Cruncher changed our business.
Instead of wrestling with data, our team now spends time advising clients — planning, analysing, and helping them grow. Then one day, we used Cruncher to help an insolvency firm process 14 bank accounts in four days — spotting voidable preferences and non-commercial transactions that would have taken weeks to find. That’s when we realised what we had built wasn’t just for us.
Cruncher is now used for accounting, finance, insurance, and business assessment — anywhere a fast, accurate, and explainable financial analysis is needed.
We didn’t invent fintech.
We built a tool that makes sense of money — fast, clear, and human.
How it works
No downloads. No setup. No software headaches.
Cruncher isn’t another app you have to learn — it’s a service built to make life easier.
You simply send us your bank statements, and we do the rest. That’s it, really.
We process the statements through Cruncher, and within hours you’ll have:
- A complete Trial Balance built directly from your bank data
- A draft Profit & Loss and Balance Sheet
All without you lifting a finger or learning new software.
We only use what matters — your bank information — and nothing else.
Why we use statements, not bank feeds
Because speed and security matter more than gimmicks.
Bank feeds are slow, unreliable, and often delayed by the very systems meant to “automate” them.
Bank statements are instant, secure, and under your control. You send them, we start working.
We never touch your bank account — and we never need to.
Cruncher turns bank statements into full accounts, without the cost, time, or noise of setting up complex software.
It’s fast, secure, and human.
Bank statements tell a story — but not the whole story. Until you’ve gone line-by-line with a highlighter or a spreadsheet, all you’ve really got is money moving in and out. Cruncher changes that. It turns those lines of data into the cash story of a business — instantly.
Contact UsWelcome to the 21st-Century Machine Age —
Powered by Cruncher
Bank Statements → Cash Story
Cruncher takes your bank statements and turns them into clear, readable accounts — revealing how cash moves, what’s flowing in, and where it’s disappearing.
No guesswork. No clutter. Just facts.
Balance Sheet → Reality Check
You might see assets, debts and equity — but what’s really going on behind them?
Cruncher tracks the cash movement through the Balance Sheet:
- Are assets being paid down or built up?
- Are funds staying in the business or being siphoned out?
It shows what’s really moving beneath the numbers.
Profit & Loss → Cash Truth
Traditional profit reports can lie — inflated debtors, missing creditors, imaginary WIP.
Cruncher gives you an overnight cash-based Profit & Loss, showing whether the business is genuinely cash-profitable, not just paper-profitable.
A Machine That Learns
Cruncher recognises patterns — it can tell the difference between a plumber, an electrician, or a consultant just from their transactions.
When something’s unclear, a little human touch guides it — and it keeps learning.
The End of Fuzzy Logic
Too many systems make you “feel” a business’s performance without showing the hard truth.
Cruncher doesn’t guess. It works from what actually happened — the bank transactions.
As we like to say:
Cruncher doesn’t lie.
For Analysts, Accountants, and Decision-Makers
Whether you’re assessing a business, checking if accounts are trustworthy, or completing your client’s Trial Balance — Cruncher gives you the clearest possible starting point.
You can see, instantly, if a business can cut its own lunch — if it’s generating real cash to survive, grow, and thrive.
Services To
Dear Accountants — Meet Your New Best Friend: Cruncher
Let’s be honest — you’ve got a drawer full of small clients you can’t make money from.
The ones who show up once a year with a shoebox, a promise, and a half-empty bank statement.
You do the work because you like them — or because their whole family’s on your books — but every time they walk in, it’s déjà vu and you know you’re about to lose a weekend.
Sound familiar?
Here’s your way out.
Fast Rabbit + Cruncher = Your Secret Weapon
You’ve got clients who fit into the 90% of Australian businesses that run small.
They don’t need Xero, QuickBooks or MYOB — they need someone to make sense of their bank statements, fast.
That’s where Cruncher comes in.
Take the bank statements, run them through our machine, and send you back a Trial Balance, Profit & Loss, and Balance Sheet — overnight.
No software setup. No spreadsheets. No staff burnout.
You can package, adjust, and lodge and mark up to make a great profit
Your clients think you’re a magician — and you actually make a margin.
Those Once-a-Year Heartaches? Fixed.
You know the type.
Not GST-registered. Always late.
They appear right when you’re buried in lodgements, armed with a shopping bag of bank statements and “a few receipts.”
Now, you just:
- Contact us – ask questions, get a sample file.
- Gather your client bank statements
- We Crunch – our AI builds the Trial Balance, journals, and summaries in both PDF and Excel.
- You Review + Adjust – home office, car, phone, loan interest, etc.
- Done – accounts and compliance ready, tax return next.
Available monthly, quarterly, or annually — at a fraction of what cloud accounting costs.
No spreadsheets.
No training clients.
No “monkeys tearing up newspapers.”
Just clean, ready-to-lodge data
Davo in the Ute — The Small but Loud Client Solution
Every firm has a Davo.
He’s loyal, he’s loud, he’s been with you forever — and his bookkeeping is a war crime.
You’ve tried giving him a cloud package… now it’s corrupted, unreconciled, and you’ve got 9,000 duplicate transactions.
Don’t dump him. Crunch him.
Cruncher turns Davo’s chaos into clarity — automatically.
You get data that’s accurate, formatted, and ready to use.
He keeps his dignity, you keep your profit margin, and nobody has to pretend they understand Xero again.
Build Your Own Brand With It
You can call it whatever you like —
The Cash Flow Machine, TurboBooks, The Annual Saver, BalanceBot, whatever fits your brand.
Behind the curtain, it’s Cruncher, doing the heavy lifting.
You own the relationship, the branding, and the glory.
It’s your service, powered by Fast Rabbit — and it’s about to make those small clients worth keeping.
Would you like me to now write a short tagline and subheading set (e.g. for the accountants’ landing page) — something like:
Turn Shoebox Clients into Profits.
Fast Rabbit’s Cruncher gives you clean accounts overnight — no apps, no training, no tears.
For Insolvency Practitioners — Make the Pile of Bank Statements Disappear
You know the scene.
You’ve been appointed. There’s a box of bank statements, a deadline, and everyone asking the same question:
“Where did the money go?”
Instead of reaching for a highlighter and a spreadsheet, reach for Cruncher.
We take those PDFs — one bank account or twenty — and convert them into a full Chart of Accounts, mapped transactions, and a Trial Balance.
Every dollar in and out is categorised and ready to trace.
Follow the Money — Fast
Cruncher lays out the financial story clearly:
- See who was paid in preference before appointment.
- Spot non-commercial transactions instantly.
- Track funds drawn out by directors or stakeholders.
- Identify cash movements hidden behind balance-sheet entries.
No more guesswork or spreadsheet fatigue — just clean, structured data you can trust.
How It Works
- Contact us — ask questions, see sample reports, and get your secure upload link.
- Send the bank statements — one year or ten, it doesn’t matter.
- We Crunch — our AI engine builds a Trial Balance, journals, and transaction summaries (delivered in PDF + Excel).
- You Analyse — complete your reports, BAS, tax returns, or court documents with clarity and speed.
The Advantage
When funds are short and deadlines are tight, Cruncher makes the average job affordable — and the complex ones achievable.
It turns what used to take days of manual work into overnight clarity.
We know this world — we’ve been on the other side of the table helping clients get through it.
Now we’re helping you see exactly where the money went.
For Financiers — Fast, Clear Business Insight
As a financier, you don’t have weeks to wait for answers — you need clarity, now.
The Cruncher delivers a Trial Balance and draft cash-based accounts in hours, not days, giving you a clean snapshot of how a business is really performing.
Forget the fog of accrual accounting.
Cruncher strips away guesswork and shows pure cash reality — how money actually moves through the business.
You’ll see:
- Trading activity and real cash flow patterns
- Payments to other financiers
- Drawings, loans, and key expense behaviour
All neatly summarised and journalled for fast assessment and confident lending decisions.
Need to keep tabs on an existing client?
Cruncher can provide ongoing performance updates — without waiting on accountants, bookkeepers, or end-of-year chaos.
You’ll know how the business is tracking and how your client is behaving financially — in real terms.
In a market that rewards speed and precision, Cruncher helps you act first and act smart.
Because when it comes to money…
The Cruncher doesn’t lie.
We are discovering that Insurance needs analysis of business accounts for risk assessment in the same way a financier may need.
There may be a claim and you need to know that you aren’t being fogged by accounts that have been worked, with the changes in debtors of reduction of creditors, or some sneaky journal entry that makes the business income highly inflated.
By using The Cruncher, you can see the business in “the raw” and see whether it is making money on a cash basis. As most small businesses report on a cash basis you can see if the income declared is true. Through The Cruncher you can also see the GST, and compare it to the ATO agents portal.
And all this can be done quickly so that if there is a genuine claim, you know if you are being fogged and therefore need to consider further investigation.
If you are going to insure a business, large or small, you can get a great view of the business through The Cruncher report. It doesn’t matter if the business runs a number of bank accounts. We can assess and complete a Trial Balance and cash reporting for you, so that you can be more comfortable in your decision – especially if you are in an industry where you should be risk averse.
We are continuing to see great opportunity for the Insurance Industry to have information quickly and accurately. The Cruncher doesn’t lie.
For Larger Companies — When You Need to Know What’s Really Going On
Let’s set the scene.
You’ve got 28 staff, a busy office, and an in-house bookkeeper who’s always “just reconciling something.” Every time you ask for a report, there’s a reason it’s not ready — debtors, creditors, payroll journals — and you never quite know where you stand.
You’re turning under $10 million, and you want to know three simple things:
- Are we making money?
- How much tax should we be putting aside?
- Where’s the cash really going?
Most businesses your size don’t get straight answers because their accounts are tangled in accruals, estimates, WIP, and retentions that make everything look better than it is. You stop believing the numbers — and for good reason.
That’s where The Cruncher steps in.
See the Business as It Really Is
Cruncher gives you a cash-basis report that tells the unvarnished truth.
No debtors fluff, no creditors lag, no fantasy WIP. Just what actually happened — the cash in, the cash out, and what’s left.
You’ll see:
- Whether your business is genuinely profitable
- Where the cash is tied up
- How much GST you’re really prepaying
- How much tax provision you actually need
Why It Matters
If you’re in industries like construction or contracting, you’re probably paying hundreds of thousands in GST in advance because of accrual reporting.
With the right structure and reporting method, you can often switch to cash-basis GST and instantly improve cash flow.
And with Cruncher, you get the clarity to do it with confidence — fast, accurate, and independent of whatever your internal accounts are saying.
Because in business, trust is earned —
and The Cruncher doesn’t lie.
