Free Guide For Accountants and Agri Advisers

Figured's Guide to Establishing Value-Added Services

Accountants know the importance of providing value-added services to their agri clients, but building a productised and scalable service offering can be daunting.

This guide shows how to deliver it with the staff, client touchpoints and expertise you already have today β€” including examples from some of Australia's leading agri accountants.

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Just 23% of farmers receiving only compliance services say their accountant is really valuable. That jumps to 83% when they also get value-added services like budgeting and planning.

Compliance work has a limited effect on how much your clients value you. The firms that establish themselves as a genuinely valued member of the farming community do it through value-added services β€” and those can be delivered with the staff, clients and expertise you have today.

Source: a survey conducted by Xero and Figured.

How Figured Empowers Agri Accountants

Agri-Specific Reporting and Compliance Tools

Produce farm financial and production reports at scale, without disrupting the internal processes your team already runs on.

Crop, Dairy and Livestock Production Tracking

Digitise client production and financial data in one place, so the numbers behind every conversation are current rather than reconstructed.

Forward-Focused Scenario Planning

Model what-if scenarios and lead deeper client conversations with the data and insights to back them up.

Automated, Scheduled Report Packs

Work that was traditionally time and resource-intensive, productised so you deliver high-value outputs right out of the box.

The opportunity

The Revenue Is Already on Your Doorstep

And almost all of it comes from clients you already have.

A farming couple and their dogs in front of the homestead
16% annual growth in revenue from value-added services
Cattle grazing open paddock under gum trees
79% of new value-added service revenue comes from existing clients
A farming family and their adviser talking together at the farm gate
115% average fee increase for Australian firms using Figured once they deliver value-added services

The Value-Added Service Opportunity

Delivering value-added agri services unlocks three opportunities sitting on the doorstep of your firm:

  • The revenue opportunity β€” grow revenue from the customers you already have, rather than chasing new ones
  • The client opportunity β€” build stronger, value-based relationships with the farming businesses you look after
  • The staff opportunity β€” attract and retain high-performing people with more purpose-driven, engaging work
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Sheep grazing across a wide green hillside

What Changes With the Right Tools

Firms without agri-specific tools struggle to manage scope creep, risk being unable to fulfil ad-hoc requests efficiently, and often place excess pressure on staff with limited time and resources. Firms using Figured are:

  • Valued more by their clients
  • Differentiated from their competitors
  • Positioned as an employer of choice, with staff empowered to better service their clients
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A mixed herd of cattle under gum trees in a dry paddock

Who This Guide Is For

Figured suits any accountant with farming clients. This guide is essential reading if you or your team experience any of the following:

  • Customers not actively asking for new services
  • A lack of clarity on what clients see as valuable
  • Hesitation about moving into unfamiliar territory
  • Skill limitations caused by reliance on partners and directors
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Black cattle in a green paddock beside a farm gate

Figured Works With What You Already Use

Figured integrates directly with Xero, MYOB and QuickBooks Online on a single ledger, so your accounting software stays the source of truth and there is no double handling. Set-up is simple, and we provide hands-on support to get you started.

A stockman on horseback moving cattle at dusk

Figured is a great tool for financial management reporting, because it really allows the opportunity for us to help clients establish a great structure around their financial reporting system that actually gives them meaningful information.

Nicolette Vaughan PrincipleFocus
nicolette-vaughan-principle-focus

Start Scaling Your Agri Services Today

Download the guide and see how to deliver value-added services with the staff, clients and expertise you already have.