An integrated cloud-based approach ensures a data-driven comprehensive insight into your business’ strengths and areas of improvement.
Find out why FarmEye® is so valuable – click the infographic icons below.
ProfitProbe® is a premier accounting management tool with over 20 years of expertise, designed to provide a detailed analysis of broadacre agricultural enterprises in Australia.
With a comprehensive dataset spanning 5,000 business years across various sectors like grazing and cotton, it offers insights beyond standard tax accounts. Developed with Central Queensland University, it covers key business indicators such as profitability and property performance.
When combined with expert interpretation, ProfitProbe® empowers businesses to enhance profits, optimise costs, improve efficiency, make informed decisions, and maintain a balanced financial perspective. Check out the video for a demonstration.
We’ve compiled a list of common questions and their answers to provide you with quick and informative solutions. Whether you’re a new customer looking for insights or a returning visitor seeking clarity, this section is designed to address a wide range of queries.
If you can’t find the information you’re looking for, don’t hesitate to reach out to our dedicated support team for further assistance. Australia Wide Free Call 1800 356 004.
The ProfitProbe® Early Bird price of $37.40/property/month provides instant access to live analytics that empower your decision-making process. This rate will remain in effect until the Enhanced Analytics released later in 2023 and will then transition to the full rate of $74.80/property/month.
All subscriptions are payable by credit card or bank card only.
You cannot see anyone else’s data, and no one can see yours. You can only compare your results to the overall results of your industry sector or group. Your financial and production data is uploaded to a secure, independent third-party server. Access is only available to staff with adequate security clearance and only for generating reports.
The rule of ‘you get out what you put in’ certainly applies to ProfitProbe®. It is important to enter all data as accurately as possible with the information you have at that point in time. The more effort you put into ensuring the input sheet is correct, the more meaningful your final report will be. This allows you to confidently make strategic decisions based on your ProfitProbe® results.
Benchmarking is the process of analysing your business and confidentially comparing the results to other businesses. This process allows us to assess your productivity, profitability and efficiency in running an agricultural business. The RCS ProfitProbe® software is unique in that it benchmarks your business with other production businesses and against your particular land type. Within FarmEye, the benchmarking components are still in development, so please contact us if you are interested and would like to be kept updated.
In most cases, we will be able to work with you to extract the data from your current records or bookkeeping programs. Basic records and statements like your stockbook, kill sheets, branding numbers, profit and loss and balance sheet will hold most of the information needed to complete the ProfitProbe® input.
In management accounting, we focus on what occurred during the financial year rather than just the cash movements in and out of the business. We do this because it gives a more meaningful overview of how well your business works for you and your overall position. An excellent example of where taxation accounting differs from management accounting is if you are building stock numbers. Your cashflow for that financial year will indicate a lot of money leaving the business and not show the increase in value tied up in the expanding herd, whereas management accounting would.
Complete the form below and one of our team will be in contact to answer any questions. Alternatively, you can free call us on 1800 356 004 and speak to a team member.
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