Figured’s farm financial management solution integrates with Xero and MYOB, so no matter which cloud accounting software your clients use, you can provide them with a full financial management solution for farming enterprises. Together, Figured and cloud accounting software enables agri accountants to deliver enhanced farm reporting and advisory services that drive efficiency, growth, and profitability for their firm and their farming clients.
Once connected, users of Xero and MYOB will gain access to Figured’s agri-specific financial management tools that today’s accountants and farmers can use to gain clarity and control over the farm finances.
By moving to an integrated cloud-based solution, agri accountants can streamline compliance tasks and focus on delivering high-value advisory services. Farmers will confidently know their farm’s performance, creating clarity for future growth plans.
For farming businesses that use cloud accounting software, connecting with Figured’s cloud-based production tracking, budgeting and forecasting tools will mean they can:
Make more informed
proactive decisions
Deliver business
efficiency
Build business agility
and resilience
Easily manage
cashflow
Figured makes it easy for the entire farming team to access the same set of core financial information, without having to re-enter data or create silos to deliver custom reports, such as budgets, forecasts, and stock reconciliation.
Work with modern cloud-based tools and workflows to grow beyond compliance and drive advisory revenue growth
Leverage real-time data in the cloud to enhance reporting, data analysis, and modelling
Develop a collaborative hub-and-spoke model to serve other parties, such as banks and lenders, farm shareholders, lawyers, and other advisors
Reduce the year end bottleneck by recording in-season production data. Ensure better efficiency and accuracy to unlock more time to focus on growth opportunities.
For agri-accounting firms, our direct integration with cloud accounting software will allow accountants to bring their farming clients who already use Xero or MYOB onto Figured. It also enables users of desktop applications to easily transition to the cloud - creating opportunities to streamline compliance tasks, and providing a gateway to offer higher-value advisory services.
“Figured allows some great transparency of information coming through. Its ability to look at profitability on the farm and not just focus on cash gives a great understanding about how the business is performing."
Mark Edwards
Director, Murray Nankivell
“With Figured and cloud accounting software working together, we can see where things will end up in 5-to-10 years. You’ve got real numbers and good reports, and it gives farmers something to think about and tangible to work on.”
Jo Gilbert
Director, RSM
Watch our on-demand webinar
A new financial year is underway, and if you are looking to drive more of your farming clients to proactively plan for the year ahead, watch our latest on-demand webinar and learn how newest Figured product enhancements will help you efficiently scale planning across your client base.