For Farmers
Live Data
Figured is all about getting access to live numbers when you need them. When it comes time to sit down with the family, trust, accountant, bank, or lawyers, this is where you find the answers.
With automatic two-way syncing to Xero or MYOB, plus a variety of other data streams connecting your farm position to production apps you already use, you’ll know the position you see in Figured today reflects reality on the farm as it’s happening.
Scenario Modelling
Succession decisions carry long-term financial consequences for both generations, so the plan you establish now has to be one you’re confident will work for everyone.
Figured’s Scenario Planner lets you model multiple ownership structures, equity release arrangements, and transition timelines in parallel to see how it will impact each party — based on the farm’s live financial picture as it stands today.
By modelling out what decisions could look like over time, in multiple different ways, you’ll have more confidence that the decisions being made now will pay off in the long run.
Custom Reporting
Succession involves multiple stakeholders, and they’re all going to want to see how things are tracking. Figured’s powerful custom report builder, Reporting Studio, gives you full control over how you present farm performance, so the report for the family meeting reads differently from the bank pack — without the extra manual effort.
Build custom layouts once and watch as the data populates automatically. Auto Analyst even writes the commentary for you, so you spend more time having great discussions and less on building PDFs.
Collaboration
Farms are family enterprises in a way that most businesses aren’t, which is why a shared platform is different from a shared file.
Old spreadsheets depend on one person keeping them up to date, and version control is half the job. A shared platform like Figured means your family, and the people supporting you, can all be as involved as they want to, with appropriate access to the live data based on their role.
Everyone gets what they want, and you aren’t stuck fixing formula errors, chasing mismatched data, and finding out who has what version of the file.
Now with Figured, it has absolutely shifted our whole outlook on the business. I just can’t wait to be using the reports to analyse and approve decisions — we’ve never had time to do that before, we’ve been too busy just getting the information.
With the cashflow budgeting feature for our business, we’ve got the ability to plan ahead and it gives the bank and [our accountant] confidence in us that we can continue to grow and expand as a business.
With Figured, I feel like it gives you a bit more clarity going forward. Running the numbers takes the guesswork out of forecasting — if you change one figure, it flows through to the next, so you’re not wondering if your spreadsheet formula’s correct. My advice for other farmers: get on board, have a try. It’ll give you a lot more confidence and a lot more time.
Integrations
Before you can model any transition scenario with confidence, livestock succession requires accurate stock valuations, stock movements, and trading accounts.
In Figured, those are handled natively — with AgriWebb-fed movements keeping production data current as it changes. When it comes time to start the succession conversation, the numbers are there for you.
Cropping operations often carry complex enterprise structures, with multiple paddocks, input cost cycles, and income that arrives in concentrated periods.
To ensure you’re talking about succession with the right numbers in front of you, Figured tracks your operation throughout the season, modelled against the budget automatically. You can feel confident your inventory and gross margin data is organised and current, down to the individual crop and field level.
Find a Figured Adviser
Our network of Figured-certified agri accountants and advisers can help you get set up, manage your farm financials, and make better decisions — year-round.
Find Your AdviserPartnered with Australia’s top agri advisory firms
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