Blog

As we wave goodbye to the winter of 2022/23, many farms now move into their new financial year. This time of year is a prime opportunity for accountants and farm consultants to collaborate with their farming clients, get under the hood of their business to help them understand how they’re tracking, and identify areas to improve performance for the year ahead.

2022 has come and gone - another year filled with a number of challenges, uncertainty, as well as some outstanding achievements from our partners. Figured has had an incredibly exciting year, adding several improvements, new features, and fixes to the app. To wrap up the year and share some of the great new features that have come to Figured in the past year, here is a recap of some of those highlights you shouldn’t miss!

It’s been 3 years since the last Xerocon, and it's fair to say there was plenty of pent-up demand for the 2022 event. Tom FitzGerald, Partner Success Manager at Figured, shares his experience of the event and offers his thoughts on the changing landscape of agri accounting in the UK.

Two of New Zealand’s key agri-tech solutions – Figured and FarmIQ – have joined forces to give farmers and their accountants a real-time view of their farming system. The new financial data connection automatically transfers stock transactions into Figured as soon as data has been entered into FarmIQ. This allows the farmer’s accountant to get the stock information straight away, including deaths, births, sales and purchases.

Figured GM for ANZ, John Gibson, spent some time travelling Australia and reconnecting with our accounting partners and hearing their thoughts on where the market is heading. See how the surge of fintech and adoption of cloud technology is changing the landscape of agri accounting in Australia.

With a number of our great Figured developers starting their Figured journey as interns, we know the value of bringing in great interns and designing a programme that nurtures those emerging talents. Over the summer, we had the opportunity to find five amazing interns to take on a development internship; with a real focus on maximum learning and making a real impact. We asked them about their experience interning for Figured and here’s what they told us.

Agricultural consultants and land agents play a crucial role in the functioning of the rural economy - whether that is providing management services to landlords, advising on the latest regulations or applying for funding on behalf of landowners and farmers.

We're excited to announce that we've received our SOC 2 Type 2 and SOC 3 report, reaffirming our commitment to information security and making all our efforts in this area transparent to our customers, partners, and staff. Achieving SOC 2 type 2 and SOC 3 has been an opportunity to put our security practices to the test, and demonstrate they are meeting the highest standards.

The concept of Natural Capital is to be a key part of UK Agriculture’s evolution, presenting farms with an opportunity to make change now. Unless you’ve been isolating under a rock of late, you will have heard the agricultural industry discussing the period of immense change the sector is set to undertake. A key aspect of the discussion surrounding UK agriculture's evolution is natural capital, the value attributed to our natural assets - our soils, trees, water, and ecosystems.