| Real Time Accounting | Old Time Accounting |
|---|---|
| Services | |
| Real-time visibility of business performance | Historical visibility of business performance |
| Real-time key performance dashboards | No key performance dashboards |
| Delivered daily, weekly, monthly, annually | Delivered bi-monthly, annually |
| Compliance & value | Mostly compliance |
| Customised | One-size-fits-all |
| Software | |
| Developed for business owners | Developed for accountants |
| International, award-winning | South Africa only |
| PC, Mac, phone or tablet | PC only |
| Over 700 connected apps | Costly integrations (if any) |
| Access from anywhere, anytime | Limited access |
| Automatic functionality | Manual |
| No servers, no downtime, no backups | Servers and backups required |
| Fees | |
| Accountant carries the risk | Client carries the risk |
| Billed for value added | Billed per hour |
| Set before a job | Set after a job |
| Certain | Uncertain |
| Set by business owner | Set by accountant |
| Relies on business needs | Relies on accountant's efficiency |