Next Dimension Accounting

What Next Dimension Accounting does

Next Dimension Accounting (trading as NDA, legally Infodec Pty Ltd) is an Australian outsourced accounting and advisory firm founded in October 2021 by Brendan Lucas and headquartered in Miranda, New South Wales. The firm serves not-for-profit organisations as its primary vertical, alongside growing businesses with revenue between $2M and $20M, and aged care providers navigating the November 2025 Support at Home reform. Its service model bundles four modules: bookkeeping and payroll, on-demand CFO advisory, financial reporting (including multi-entity and board-level reporting), and tax compliance. The firm employs approximately 12 staff and reports over 50 active client engagements across sectors including community services, healthcare, sports organisations, transport, civil engineering, and media.

The technology stack is cloud-first and Xero-centric, with the firm holding Xero Gold Partner status. Core delivery is built around Xero as the primary accounting platform, augmented by ApprovalMax for approval workflows, Dext for receipt capture, Eftsure for payment security, Deputy and Employment Hero for payroll, BoardPro for NFP governance, and BI/reporting tools including Power BI, Fathom, Syft, and XBert (an AI-assisted audit and practice management tool). This stack enables multi-entity reporting across 6-7 entity structures and customised dashboards for board-level visibility. The firm has been a multi-year finalist at the Australian Accounting Awards across boutique, fast-growing, start-up, and marketing program categories.

The business model is professional services delivered on a retainer basis: ongoing outsourced accounting and payroll, augmented by project-based advisory and CFO services. Pricing is not publicly disclosed and is set via a complimentary 30-minute initial consultation followed by a custom scope-based quote. Go-to-market is sales-led and direct, combining HubSpot-enabled consultation booking, content marketing (blog, email newsletter, Twitter/X), webinar thought leadership (e.g., Better Boards), and referral-driven growth through NFP ecosystem networks such as Benefolk. In November 2025, Joanne Fahd was appointed CEO, with founder Brendan Lucas transitioning to Head of Strategy & Innovation, marking the firm's evolution from founder-led to a scalable team-driven advisory model.

Name

Next Dimension Accounting

Legal name

Infodec Pty Ltd

Website

https://nextda.com.au

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Next Dimension Accounting is an Australian outsourced accounting and advisory firm specialising in not-for-profit organisations and growing businesses ($2M-$20M revenue), delivering bookkeeping, on-demand CFO, reporting, and tax services via a Xero-centric cloud technology stack.

Ownership category

akta.pro rank

Product category

Outsourced Accounting Services

akta.pro primary industry

Embedded Tax, Accounting & Invoicing Finance (FSAGALAJ)

akta.pro secondary industry

Intercompany & Consolidation Support (Eliminations, Group Reporting Support) (BPAAAGAG)

Keywords

• Outsourced accounting services
• Cloud bookkeeping solutions
• Nonprofit financial management
• Fractional CFO services
• Tax compliance advisory

Headquarters

HQ city

Miranda

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Outsourced Accounting Services: Ongoing bookkeeping, payroll processing, and financial administration services delivered remotely as an outsourced function. Clients gain access to a team of qualified professionals rather than maintaining in-house finance staff.
2. On Demand CFO / Advisory Services: Strategic financial advisory services including break-even planning, cash flow analysis, financial modelling, and board-level reporting. Provided as standalone advisory or bundled with accounting services.
3. Tax Services: Tax return preparation, tax planning, and compliance services for businesses and NFPs, including SMSF-related tax work.
4. Reporting and Financial Analysis: Insightful financial reporting including management accounts, board reports, grant acquittals, and scenario modelling for strategic decision-making.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Next Dimension Accounting is an Australian outsourced accounting and advisory firm delivering bookkeeping, payroll, tax, reporting, and On Demand CFO services to not-for-profit organisations and growing businesses. The firm operates as a technology-enabled services practice built around Xero cloud accounting and a curated stack of integrations (Dext, ApprovalMax, Power BI, Fathom), providing clients with a full finance function without an in-house hire. Its core differentiator is deep specialisation in the NFP sector alongside growing mid-market businesses in the $2M-$20M revenue band.

Product overview

Next Dimension Accounting operates as an outsourced accounting firm offering a integrated suite of four core service modules: Bookkeeping and Payroll, On Demand CFO, Reporting, and Tax Services. The firm specializes in not-for-profit organizations and growing businesses with revenue between $2M–$20M, providing strategic financial advisory alongside compliance services. Their service delivery is technology-enabled, utilizing cloud accounting platforms (primarily Xero) integrated with various third-party tools for approval workflows, expense management, business intelligence, and payroll processing.

Differentiator

Problem solved

Functional benefit

Products and services

• Bookkeeping and Payroll Outsourced bookkeeping and payroll processing for not-for-profits and businesses, covering accounts payable/receivable, bank reconciliations, payroll management, and award interpretation using Xero and integrated tools.
• On Demand CFO Fractional CFO-level strategic financial advisory including scenario planning, board presentations, budget forecasting, cash flow analysis, break-even planning, and high-level financial modelling for NFP boards and growing businesses.
• Reporting Financial reporting services including monthly management reports, board reports, grant acquittals, compliance reporting, and multi-entity financial reporting delivered through Xero plus Power BI, Fathom, and Syft.
• Tax Services Tax compliance and advisory services for businesses and NFPs, including tax return preparation, tax planning, ATO compliance, SMSF-related tax work, and guidance on reforms such as Payday Super, CGT changes, and AML/CTF.

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration20 records

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and supporting.

• XerocoreTechnology or IntegrationXero Gold Partner status. Primary cloud accounting platform used for client bookkeeping, reporting, and financial management. Deep integration with Xero ecosystem including Xero HQ, Xero Analytics, and related workflows.
• ApprovalMaxcoreTechnology or IntegrationApproval workflow automation tool for managing invoice approvals and accounts payable workflows, recommended to clients as part of the integrated toolkit.
• DextcoreTechnology or IntegrationExpense capture and receipt management tool for automating data entry and document storage. Recommended as part of the digital toolkit for clients.
• EftsuresupportingTechnology or IntegrationPayment security and fraud prevention software for accounts payable protection. Recommended to clients for payment risk management.
• DeputysupportingTechnology or IntegrationWorkforce management and rostering platform recommended to clients for staff scheduling, time tracking, and payroll integration.
• BoardProsupportingTechnology or IntegrationBoard governance and management software recommended to NFP clients for board meeting management and governance workflows.
• Employment HerosupportingTechnology or IntegrationHR and payroll platform recommended to clients for comprehensive employment management and payroll processing.
• WeelsupportingTechnology or IntegrationCorporate card and expense management platform recommended for digital debit card and financial security solutions.
• XBertsupportingTechnology or IntegrationAI-powered audit and practice management tool that connects with Xero to provide error detection, inconsistency alerts, and workflow management.
• Better BoardssupportingStrategic or Co-development PartnerBetter Boards invited NDA Founder Brendan Lucas to present a live webinar on Financial Modelling for NFP Boards, positioning NDA as thought leaders in the NFP governance space.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• CFO Centre: Global provider of outsourced (fractional) CFO services to mid-market companies. Directly comparable to NDA's On Demand CFO offering, with similar positioning of providing senior financial leadership without full-time executive cost.
• Pilot: US-based tech-enabled bookkeeping, accounting, and CFO services firm for startups and SMBs. Directly comparable business model to NDA's outsourced accounting, payroll, and CFO stack, with similar mid-market focus.
• AccountingDepartment.com: US-based outsourced accounting firm providing bookkeeping, controller, and CFO services. Directly comparable to NDA's full-service outsourced accounting model, with overlapping service lines for growing businesses.
• Bench: Online bookkeeping service combining software with dedicated bookkeepers for SMBs. Comparable to NDA's bookkeeping and payroll offering, with a similar cloud-platform + human service delivery model.

Broad incumbents

• William Buck: Australian mid-tier accounting and advisory firm with established NFP and SME specialisation. Comparable as a broad incumbent offering full-service accounting to similar client segments across Australia.
• BDO Australia: Large global accounting and advisory network with significant Australian presence and NFP sector specialisation. Comparable as a broad incumbent offering a much wider portfolio of services across the same target client segments.
• HLB Mann Judd: Australian mid-tier accounting network with recognised NFP and not-for-profit sector expertise. Comparable as a broad incumbent with overlapping service offerings targeting NFPs and growing Australian businesses.
• RSM Australia: Mid-tier Australian accounting firm with strong NFP and SME client base. Comparable as a broad incumbent with overlapping bookkeeping, tax, and advisory offerings for the same mid-market and NFP segments.
• PKF Australia: Australian mid-tier accounting and advisory firm with established NFP and SME practices. Comparable as a broad incumbent offering overlapping accounting, tax, and advisory services to similar mid-market and NFP clients in Australia.

Emerging players

• Botkeeper: AI-powered bookkeeping platform combining machine learning with human accountants. Comparable to NDA's tech-enabled accounting approach and their use of XBert for AI-audit, but Botkeeper operates more as a SaaS-plus-service platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/nextdaccg
• LinkedInlinkedin.com/company/nextda

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Next Dimension Accounting