Agribusiness, Agriculture, Veterinary Medicine, Cassava, Garri, food security, Agritech and the Red Meat Value Chain.
Thursday, September 15, 2016
The CashMinder; helping you to track your money.
A new farm management tool has been launched to help farmers track and monitor their money and provide data quickly to their accountant. CashMinder, developed by Agrinet, is designed to work primarily around electronic data from online banking systems and also from online dairy co-op systems.
The cashminder is a simple and quick farm cash management system that allows you to track your money and provide data quickly to farmers’ accountants, farm advisers and to the Teagasc eProfit Monitor.
CashMinder has been developed using its own database with its own access username and password.It requires no names, addresses or contact phone numbers. There is no connection at all with any other Agrinet databases, for example, the Agrinet grass database. The software gives farmers the option to ask their accountant or farm adviser to sign them up on CashMinder and they may be the only people who know your identification on CashMinder.
One of the benefits of the software are that it allows farmers to create a simple and quick cash flow budget, project the current account bank balance for the rest of the year and track cash flow via the bank as time passes and compare to the budget. The tool also allows banks realize and take a significant interest in seeing farmers ability to track the cashflow and projected cashflow.
The CashMinder will allow the farmer,investors and would-be partners to access the state of business and projections of the venture. Its a simple farm management tool,see it
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