New Feature Release: Group Menus

Users can now set up Groups of their Xero & MYOB companies to enable Watchful Eye to start analysing across your company files. The first two menus released: 1) Watchful Eye looks for the Same Supplier Invoice Number & Amount & returns items that have been...

New Feature Release: Analysis Template

Ever wanted to get hold of your (or your clients) Xero or MYOB data & do some value added analysis? Well, now you can easily get hold of the data, use our beta version Analysis Template & explore. Export your Xero or MYOB data from our General Ledger  menu...

New Feature Release: Overall Quality Score

We are really excited with these news features! Watchful Eye now automatically generates an Overall Quality Score to measure how well we think you are using Xero \ MYOB – available to all users. When a company has completed the connection process to Watchful...

NSW councils need to improve the quality of their financial reporting, according to an Auditor General’s report which found $1.4 billion worth of accounting errors last financial year.

This article makes you realise the scale of what I see as a general issue that impacts SMEs as much as councils. Poor processes or not being able to measure quality is costing companies an enormous amount of money. NSW councils told to improve financial reporting Judy...

The rise and rise of the virtual CFO

We are focusing Watchful Eye on enabling Virtual CFOs to understand the quality a businesses accounting processes so they can improve these to ensure the financial reporting is reliable before moving on to add value with more strategic advice. A good article on why...

Do you care about your Clients?

We are developing ideas around how Watchful Eye can be used as an integral part of your client engagement strategy, looking at what is going on in your clients Xero or MYOB systems and asking pertinent questions or raising alerts to check processes. If the research in...