Looking at the number of businesses in Australia and the claims that the large accounting firms have of the share of the market, still many hundreds of thousands of small businesses in Australia are happy to use spreadsheets and shoeboxes. There is a need to service this market and several new accounting firms are approaching Fast Rabbit to use The Cruncher as a major form of the processing accounts.

They have decided that the problems of teaching a client how to use an accounting package, the problems of being competitive by using outsourced accountants and how to use online accounting packages can be overcome by using Fast Rabbit’s cruncher machine.

As accountants, they will have the accounts completed, with a cash flow report on financials and they can move straight into completing BAS, tax returns and other compliance therefore allocating a lot more time to their clients.

Let’s see how much of a trend it becomes.