Blog

It was great to get out and about with some of the locals down at the mighty Southern Fieldays in Waimumu a few weeks ago, not only to check out the latest in industry innovation but also to get a gauge on the general mood among the industry. Listen here.

We’re excited to announce that Figured has entered into a strategic partnership that sees BNZ (a subsidiary of NAB Australia) acquire a cornerstone 17% shareholding.

We’re proud to share that we’ve hit the milestone mark of 1000 active farms, with over 2300 users collaborating on their accounts using Figured! While there’s lots more in the pipeline for Figured in 2016, we wanted to take a look at all we’ve achieved so far...

Imagine how much power and confidence you would have if you could somehow accurately predict the financial state of your business - three, six, 12 or 24 months in advance. Figured CS team member, Munya, explains how Figured is the next best thing to a crystal ball.

Figured is proud to officially announce its partnership with Dairy Women's Network, joining their sponsorship program as a bronze partner.

The industry itself acknowledges that change is coming - CAANZ own report on the risks and opportunities that disruptive technologies present identified that over 17,000 accountants are at high risk of displacement through automation. Like most changes in the 21st Century, technology is the predominant driver of this change. The internet, along with cloud technology, is allowing customers to connect with accountants in new ways, and automation is driving the cost out of repeatable processes and compliance requirements. Whilst I can see some accountants preparing for change, I am less convinced that many are preparing for disruption.

While our number of partners across Australia is quickly on the rise, we wanted to acknowledge Lynette for leading the charge in bringing Figured to Aussie farmers, and recognise her eagerness to embrace innovative rural accounting tools in her practice.

Having access to financial data is one thing, but having the understanding to make it meaningful to a farm’s performance is another.

This is why we’ve created the Figured Partner Program. It’s designed to ensure that farmers are getting support from experienced advisers who have the accounting acumen and agri insight to help them make financial decisions that drive the success of their farming business.

The 15th of October marksInternational Day of Rural Women, a day that recognises the significant contribution that women make to agriculture and rural development. While it’s not likely that the rural women in your life will get a day off to sleep in and put their feet up, we want to take a moment to give a shout out to all the awesome rural women across the globe who play such an important role in the industry.