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RSDataWeb significantly lowers

time and costs for data preparation

Correct data are the lifeline for accountants. It comes down to one simple equation: "No quality data = no great accounting business."

Traditional preparation of data - too cumbersome

Not or only slightly automated Client administration are mundane tasks. Junior and senior Staff hand-code and track transaction data from stacks of paper documents (bank statements, contract notes, etc.) to assign them to proper account codes. Typically this is accompanied by lots of phone calls, long email trails with clients back and forth, intense excel sheet usage and time-consuming manual searching through mailed and archived paper documents. All this happens at times of the financial year when due dates are looming and, under work-load pressure, things can get tense.

RSDataWeb automates data administration tasks

Professional accounting packages don't support data preparation. Typically a large number of time-consuming and mundane data preparation tasks are left to be done manually. This is where RSDataWeb excels. It works over the web and automatically prepares data for leading professional accounting packages to significantly improve the producivity of administering SMSFs, Trusts and other client structures.

How RSDataWeb works - Elements

Click categories below left for details

A client success story with RSDataWeb

A mid-sized Sydney accounting and business advice firm halved their SMSF data preparation time and costs with RSDataWeb and as a result was able to take on more client accounts. This enabled them to substantially increase their revenue with their existing staff. There was no need for outsourcing their administration work and losing control over clients.

The Quality of accounting data is the cornerstone of an accountant's success as a business. We've designed our solutions to support Data Quality principles as codified by the international Data Governance Institute in their Data Governance Framework. As a company we strive to attain the international ISO 8000 data quality certification.

With RSDataWeb we ensure that all data handled meet the highest possible standards of compliance, data quality and traceability to the respective source. This includes:

  • Master and Transaction data, manually maintained in RSDataWeb .
  • Data from Accounting packages imported into RSDataWeb (e.g. Chart of accounts)
  • Electronic data feeds from institutions and intermediaries (e.g. Banklink), imported into RSDataWeb.
  • Faultless automatic matching of cash with investment transaction to avoid transactions landing in suspense accounts.
  • Optimally prepared transaction data easily exported electronically with the click of a button to your accounting system.
      Currently RSDataWeb exchanges data with:
    • BGL Simple Fund
    • Desktop Super (APS)
    • Supercorp products
    • Handiledger (Handisoft)
    • Acurity online(Financial Synergy)
    • Interfaces to other software solutions
      (including Financial planning applications) are also available.

 Click to read how to achieve high Data Quality with RSDataWeb  Click to hide the expanded data quality text


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OVERVIEWS

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RSDataWeb schematic

INTRO VIDEOS

Intro RSDataWeb
Video demonstrates some core features


RSDataWeb - Topdocs integration
Video demonstrates ordering of Trust deed


Intro InterSystems Caché
RSDataWeb embeds powerful object database