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Eric Jasinski

👤 Person
306 total appearances

Appearances Over Time

Podcast Appearances

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

So it's like, say you send an invoice out and you receive a payment on that invoice. Today, that payment might hit your bank account. You got to find that thing in your bank account, find the invoice, sync it up. It adds steps. And if you don't do it over a couple of months, then you're trying to remember which payments go to which invoices.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

So it's like, say you send an invoice out and you receive a payment on that invoice. Today, that payment might hit your bank account. You got to find that thing in your bank account, find the invoice, sync it up. It adds steps. And if you don't do it over a couple of months, then you're trying to remember which payments go to which invoices.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

And next thing you know, you're double counting income or something like that, which obviously you don't want to do. And so if you do all of that on Ambrook, like the matching happens for you, the deposits get reconciled. And like it kind of, again, it's like reducing friction and making things feel better. And so that's why we offer those things.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

And next thing you know, you're double counting income or something like that, which obviously you don't want to do. And so if you do all of that on Ambrook, like the matching happens for you, the deposits get reconciled. And like it kind of, again, it's like reducing friction and making things feel better. And so that's why we offer those things.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

And next thing you know, you're double counting income or something like that, which obviously you don't want to do. And so if you do all of that on Ambrook, like the matching happens for you, the deposits get reconciled. And like it kind of, again, it's like reducing friction and making things feel better. And so that's why we offer those things.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

They're not mandatory to use, but basically like the longer you're with us, the more you find you're like, well, I'm already on here anyway. It's like, why would I not send a mail check through Ambrook? That doesn't, you know, that type of thing.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

They're not mandatory to use, but basically like the longer you're with us, the more you find you're like, well, I'm already on here anyway. It's like, why would I not send a mail check through Ambrook? That doesn't, you know, that type of thing.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

They're not mandatory to use, but basically like the longer you're with us, the more you find you're like, well, I'm already on here anyway. It's like, why would I not send a mail check through Ambrook? That doesn't, you know, that type of thing.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

Yeah. So Ambrook, as a headline, is base subscription fee. We have two tiers, $60 and $100 a month. So that's $1,200, $720 annual. You can get a 10% discount on both of those if you sign up for the year. So $50 I'm good at math. $54, $10.80 from a subscription fee. And that is basically all the fees that we make money from the customer.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

Yeah. So Ambrook, as a headline, is base subscription fee. We have two tiers, $60 and $100 a month. So that's $1,200, $720 annual. You can get a 10% discount on both of those if you sign up for the year. So $50 I'm good at math. $54, $10.80 from a subscription fee. And that is basically all the fees that we make money from the customer.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

Yeah. So Ambrook, as a headline, is base subscription fee. We have two tiers, $60 and $100 a month. So that's $1,200, $720 annual. You can get a 10% discount on both of those if you sign up for the year. So $50 I'm good at math. $54, $10.80 from a subscription fee. And that is basically all the fees that we make money from the customer.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

The other fee on the platform that is often discussed is the invoicing fee. And so you send an invoice, your customer pays you with an ACH or a card. There's a payment processing fee. There's 0.4% with a cap on ACH. There's credit card fees, etc., We pass those on to the customers. We do not keep those.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

The other fee on the platform that is often discussed is the invoicing fee. And so you send an invoice, your customer pays you with an ACH or a card. There's a payment processing fee. There's 0.4% with a cap on ACH. There's credit card fees, etc., We pass those on to the customers. We do not keep those.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

The other fee on the platform that is often discussed is the invoicing fee. And so you send an invoice, your customer pays you with an ACH or a card. There's a payment processing fee. There's 0.4% with a cap on ACH. There's credit card fees, etc., We pass those on to the customers. We do not keep those.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

And so some folks choose to pass them along, some folks for a convenience fee to their customers, stuff like that. And then no fees on the bill pay today and no fees for the cards whatsoever. Um, and so basically like, yeah, that, that's the whole structure.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

And so some folks choose to pass them along, some folks for a convenience fee to their customers, stuff like that. And then no fees on the bill pay today and no fees for the cards whatsoever. Um, and so basically like, yeah, that, that's the whole structure.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

And so some folks choose to pass them along, some folks for a convenience fee to their customers, stuff like that. And then no fees on the bill pay today and no fees for the cards whatsoever. Um, and so basically like, yeah, that, that's the whole structure.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

And then I guess on the opposite end of the spectrum, like I mentioned, um, for folks that are using Ambro to hold funds, uh, we have a 1% yield that we started rolling out actually last week. And so, you know, we, uh, basically it's like a cashback program for your deposits. You can think about it like, um, like a high yield checking account.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

And then I guess on the opposite end of the spectrum, like I mentioned, um, for folks that are using Ambro to hold funds, uh, we have a 1% yield that we started rolling out actually last week. And so, you know, we, uh, basically it's like a cashback program for your deposits. You can think about it like, um, like a high yield checking account.

Farm4Profit Podcast
Financial Tools for Farms : Bookkeeping with Ambrook

And then I guess on the opposite end of the spectrum, like I mentioned, um, for folks that are using Ambro to hold funds, uh, we have a 1% yield that we started rolling out actually last week. And so, you know, we, uh, basically it's like a cashback program for your deposits. You can think about it like, um, like a high yield checking account.