What’s in it for you?
This is an opportunity to establish a revenue stream continuing long after the initial sale.
Central Accounting is a cloud based SaaS (Software as a Service) business application so clients essentially rent the application, and as long as they continue to rent, commission continues to be payable on the rentals.
Application prices and commission rates are set out in www.centralaccounting.co.uk/reseller-pricing and in summary agents will receive up to 100% commission on the first three months rentals, so commission can range from £105 to £1,125 based on list prices, and up to 20% per month thereafter on monthly rentals.
Additionally, where a client requires training and support we have identified training providers who can deliver this and commission will be available on their fees subject to separate discussions.
Our terms of engagement with Sales Agents are set out in www.centralaccounting.co.uk/sales-agents/sales-agent-terms.
Who are you?
You are a sales professional probably already engaged in selling goods and services, perhaps including IT products and services, to small firms of up to 50 staff, and who need more than just a basic bookkeeping application as they have more complex requirements such as stock control, or a need to plan their production or projects.
What is Central Accounting?
Central Accounting is a cloud based ERP (Enterprise Resource Planning) application – see www.centralaccounting.co.uk/erp-software for a guide to ERP, and www.centralaccounting.co.uk/features for the main features of the Central Accounting application.
Central Accounting has been developed in response to the lack of a viable, cost-effective solution for small firms from the main ERP application providers – see www.centralaccounting.co.uk/linkedin.
The main advantages of our application can be summarised as follows:
- ‘cloud’ based so no expensive hardware or networks to set up and maintain
- secure remote access from (almost) any location making it ideal for multi-site, and flexible home/ office working
- Software as a Service’ (SaaS) which means no expensive up front investment in specialist software or updates to the latest version
- includes payroll so no additional cost for payroll software, and labour costs can be captured and analysed by department, project, or job
- bookkeeping is being done in the background in ‘real time’ so accountants can spend their time focusing on the business instead of number crunching
- designed for use by non-accountants with templates for common transactions to reduce error, routines for creating accruals and prepayments, and depreciation
- on screen resource scheduling so work can be planned more efficiently and the impact of changes on other orders and jobs can seen immediately
- on screen requirements planning shows not only what purchases or production is needed, but when, so there are immediate cashflow benefits
The main disadvantages of our application can be summarised as follows:
- real time accounting means that it is not well suited to batch input of large quantities of documents, so it would not be suitable for bureau-type operations
- it relies upon good access to the Internet, and so would not fare well in remote regions or areas where access is poor or unreliable (though this is becoming less of an issue in our view).
Of course not all small firms, and particularly very small firms, require the level of sophistication that an ERP application can deliver, and there are a number of similarly priced online solutions available that can handle basic bookkeeping. However it would be a mistake to assume that Central Accounting is only useful for manufacturing operations as it includes functionality which in addition to reporting on the performance of the whole operation, can also report by jobs/ projects, and departments, and is therefore useful for project based operations.
Uniquely it also includes ‘overhead recovery’ functionality which allows Charities and Voluntary Sector Organisations (“VSOs”) to report on a ‘Full Cost Recovery’ basis as required by guidelines issued by the Association of Chief Executive Officers in Voluntary Organisations (“ACEVO”).