The agricultural sector is the backbone of New Zealand’s economy, especially for a country that relies heavily on exports. Not only have Kiwi farmers earned a reputation for being industrious and resilient, but they have also been known for their innovative and adaptable approach to producing the most efficient and productive agro-pastoral land in the world using technological advances.

Major industries accounted for GDP between 5.4 and 6.9 percent between 2015 and 2020. Statistics NZ). New Zealand exported. NZ worth $ 46.4 billion Agricultural products (raw and processed) for the first 12 months of June 2019 – 80% of the country’s total exports. In addition to the internationally recognized New Zealand traditional exports such as milk and meat, NZ The world’s largest exporter Stored milk, coarse wood, butter, cheese and honey.

In addition to the technological advancement of these products, many Kiwi agri-businesses are adding cloud-based solutions to their backbone management, changing their workplaces, expanding operations and production, and opening up potential sales opportunities. New markets – especially when most of the international markets are closed due to CVD-19 -.

Kiwi farmers are known for being hardworking and strong, and have long been known to be very creative and adaptable.

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Kiwi farmers are known for being hardworking and strong, and have long been known to be very creative and adaptable.

Digital Transformation Experts John Gibson, General Manager A / NZ Simulated., And Asantha Wijeyeratne, CEO and CEO PaySauceAlthough agri-businesses are moving digital and eliminating handicrafts, they say there is still a long way to go.

“Farmers don’t go to the farm for paperwork. They love the land, the animals, and the machinery,” says Gibson. Ads.

Wijeyeratne believes that full digitalisation is important for the future of the industry. He said that information is the key to unlocking this potential because it is focused on future informed decisions.

“The biggest weapon of the business is to be able to make informed decisions based on factual information – these insights are invaluable,” he said.

A Recent study by KPMGDuring Covidy-19, 67 percent of businesses accelerated their digital transformation strategy and 63 percent increased their digital transformation budget. A From the 2019 Deloitte study, Which has taken digital solutions from small to medium-sized businesses (SMBs), has seen a 28 percent increase in revenue over the past 12 months.

Applications to make farm-life balance easier

So where to start for Agri-Business Operators or their consultants who want to work more? While many farmers use cloud-based accounting platforms such as Zero to balance their books, they are probably not extending their digital capabilities any further – whether they are looking to track stocks, streamline payments, or provide real-time insights. (Like and predict the future).

Xero integrates real-time financial information with agricultural product information and payroll, connects to Financial and PaySauce, and provides farmers with peace of mind by meeting financial and manpower requirements.

John Gibson, CEO of Fidel (right), says that although agri-businesses are moving digital and eliminating handicrafts, there is still a long way to go.

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John Gibson, CEO of Fidel (right), says that although agri-businesses are moving digital and eliminating handicrafts, there is still a long way to go.

Simulated.

Seled is a cloud-based agricultural financial management system that provides real-time production monitoring, budgeting and reporting to zero-based farmers and their advisors.

Creating accurate long-term plans and monthly budgets will enable farmers to better manage their profitability and gain greater visibility in agricultural finance.

“It requires a lot of back office work for the farmer,” Gibson said. “Decisions on the ground will allow them to better understand the financial impact.”

He added: “Many Kiwi businesses are making significant strides through the use of the flag, with many saying it has halved the time spent on the back office manager.

Asantha Wijeyeratne, CEO and CEO of PaySauce.

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Asantha Wijeyeratne, CEO and CEO of PaySauce.

PaySauce

PaySauce simplifies payroll by helping to calculate wages, PAYE, KiwiSaver, holiday pay, wages, and other wages for certified farmers. It also automatically adjusts payroll compliance, advises payroll, listing, clockwork, and banking, and minimizes administrative overpayments.

“One of the major benefits of PaySauce is the time savings around administrative tasks, for example, paper schedules. PaySauce digitalizes this, making work earlier and more labor-intensive, easier and more efficient,” says Wijeyeratne.

He believes that the information produced by such digital devices will help farmers succeed, especially considering how much time they spend on business rather than administrative activities. 25-30% of the cost of farming is human, which is a good opportunity to identify weaknesses and facilitate day-to-day operations.

“Much of the back office work on farms has not yet been digitized. If you meet some of these areas, it will provide an opportunity to increase productivity on the farm,” he said.

Want to learn more? Find, select and purchase the right apps for your agri-business on the Xero App Store. Visit apps.xero.com.