Getting to know Figured
Figured is the world’s first platform to provide farmers and their advisors with immediate access to financial data and insights for better decision making.
Good financial plans are the backbone of successful farming businesses. Succession planning, expansion, diversification or just managing through the volatility of commodity prices can all be planned for in Figured.
Figured puts farmers and their advisors on the same page, with a user friendly planning grid that can be worked on from anywhere with an internet connection, so farming teams can work together to build their vision for the future.
Financial plans come to life when they stay up to date with the day to day operations on the farm. Figured makes it easy to track production quantities and volumes of milk solids, livestock and crops, as well as tracking all inputs associated with farm operations.
As production rarely follows a fixed 12 month financial year, Figured makes valuation of inventory for future sale or future production easy, with inventory tracking that you can report on at any time.
Figured’s report centre is the home for your farm business insights. This is where you can produce detailed financial, production, management and year end financial reports. Any user can add comments to reports, export as PDF or share directly from Figured, so everyone in the farming team can stay up to date with the farm’s performance.
Figured uniquely integrates financial data with a vast array of farm production data in an easy to access cloud platform. Figured brings financial data in from a farm's Xero account and integrates with some of the world's leading farm management systems, including John Deere, Agworld and stock tracking systems BCMS and ICBF.
See overall profit and future cash available, and provide forecast cashflow, profit and loss, and balance sheet at any time.
Track livestock movements, crop & milk production, and feed transactions, as well as your operating expenses in Figured and see them appear automatically in Xero.
Figured syncs actual transactions with Xero which are categorised by the accountant, so you can have confidence in the accuracy of the numbers.
In the face of volatility, it is important for the farming team to be aligned. Figured enables you to work alongside the farmer, bank and accountant using the same numbers.
View consolidated reporting for multi-farms and eliminate inter-entity transactions to view true profitability of multi-entity organisations.
We’re here to help. We provide highly responsive help and support, and you can easily contact a product specialist directly from within Figured.