Deloitte Private Connect brings Receipt Bank on board

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Deloitte Private Connect brings Receipt Bank on board

Deloitte Private Connect continues to lead cloud-based accounting revolution

12 August 2015: Professional services firm Deloitte continues to lead the cloud-based accounting revolution by forging an agreement between Receipt Bank, a premier accounts payable and productivity application, and Deloitte Private Connect, a cloud technology offering that transforms the way business owners experience accounting services.

Ben Shields, Managing Partner of Deloitte Private Connect said it is all about delivering a great client experience and actionable insights based on timely information.

“Receipt Bank is a great addition to the Deloitte Private Connect platform. We spend a lot of time finding the right organisations who share our passion for client experience and delivering timely information. The team at Receipt Bank are a wonderful fit for us and they share our passion.”

A sentiment echoed by Sophie Hossack, Australia Country Manager for Receipt Bank. "Through automation, cloud technology provides a number of fundamental efficiency benefits. But it goes further than that, software is shaping and transforming the client experience and we're excited to be collaborating with Deloitte on delivering this experience to their clients," said Ms Hossack.

Deloitte’s enhancement of this functionality will now harness the capability and flexibility of Receipt Bank to enhance its suite of cloud platforms as part of the standard service.

“Our arrangement with Receipt Bank is aligned with one of the core strategies of Deloitte Private Connect - each component is ‘plug and play’ allowing Deloitte to be agile with its choice of cloud software provider so that our clients are offered the leading technologies at all times,” said Mr Shields.

Sneza Pelusi, Managing Partner of Deloitte Private noted Deloitte Private Connect is embracing the continuous disruption to the accounting and tax profession due to cloud technologies and will continue to create offerings that transform the way business owners experience accounting services.

“Deloitte Private Connect combines shared ledger accounting, automated bookkeeping and benchmarking, an online portal and dashboard as well as many other digital technologies, to redefine the way our private clients work with us, in real time, on any device,” said Ms Pelusi. “Every business owner dreams of spending less time in the business and more time on the business so our arrangement with Receipt Bank will help make this happen.”

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About Deloitte Private Connect

Deloitte Private Connect sets a new benchmark for what individuals and family businesses should expect from their accountant; leading cloud technologies and the best of Deloitte at a compelling fixed, monthly price.

It provides all the essentials for a business owner to have a real-time view of their financial position and performance anywhere, anytime and on any device:

  • Everyday transaction management (processing of supplier invoices and payments, general ledger)
  • BAS activity statement lodgement
  • Interactive management reporting
  • Regular meetings with Deloitte Private advisor
  • Annual income tax return and ASIC company statement lodgement
  • Digital signatures
  • Live support
  • Online dashboard.

For more information visit www.deloitteprivateconnect.com

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/au/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence.

About Deloitte Australia
In Australia, the member firm is the Australian partnership of Deloitte Touche Tohmatsu. As one of Australia’s leading professional services firms, and winner of both the Australian Financial Review/CFO Audit Firm of the Year and Accounting Firm of the Year awards 2013, Deloitte Touche Tohmatsu and its affiliates provide audit, tax, consulting, and financial advisory services through approximately 6,000 people across the country. Focused on the creation of value and growth, and known as an employer of choice for innovative human resources programs, we are dedicated to helping our clients and our people excel. Formore information, please visit Deloitte’s web site at www.deloitte.com.au.

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© 2015 Deloitte Touche Tohmatsu

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