Move your practice beyond processing numbers at year-end to provide trusted advisory services as a valuable part of the farming team. Spend less time gathering information from your clients to complete compliance focused tasks, and more time adding value by helping them set budgets, plan, forecast and prepare for what’s ahead.
You can manage Figured in-house and provide the financial information to your farming clients to make decisions - or you may have clients who want to manage it day-to-day, but have you on hand to help them out.
Figured provides a connected approach with your farming clients, even if you simply need to manage compliance.
With high quality data from Xero and bank feeds, everybody always has the same numbers in front of them.
By connecting the farming team, you’ll have better conversations focused on the future of your clients’ farm.
With all your client’s data in one place, you can collaborate with farmers and their bank using real-time financial information.
Stock reconciliation, crop tracking, production forecasting and budgeting is easier and more efficient.
Figured gathers the cash, tax, stock and crop reconciliation, meaning less time spent chasing clients and more time providing high value services.
Figured will help you grow your customer base by referring website leads to Figured Partners, and provide training, marketing resources and online tools.
Figured works with Xero, the number one online accounting software solution. We also have the support of large agri-banks who believe in the benefits that a connected team delivers to the industry.
Being an agile product, we continuously work to update and improve functionality - and the feedback you provide helps ensure we’re delivering the best product in the market.
Track livestock, cropping and feed transactions in Figured and see them appear automatically in Xero.
Use Figured to provide forecast cashflow, profit and loss, and balance sheet at any time.
Benchmark farm data to review performance compared to others in the same area.
Group multi-entity organisations for streamlined reporting.
Practices who want to be recognised as rural accounting experts should consider joining the free Figured Partner Program (currently open to New Zealand and Australian practices). It is designed to:
Ensure Advisers have the requisite expertise in the Figured product.
Ensure that Figured is treating Advisers in a consistent manner.
Provide access to resources commensurate with commitment.
Acknowledge Advisers who have made a commitment to Figured.
Qualification for the Figured Partner program is through a points-based system. Points are earned through the number of farms supported, number of people certified, running marketing events or having a high level of Figured adoption across the practice.
(Subject to accelerators below)
|Figured Lite – 1 point
Figured – 5 point
|Certification Points||Per Certified Person – 10 points|
|Marketing Points||Figured featured on Practice website – 15 points
Figured case study – 15 points
Event to more than 20 new to Figured people – 15 points
(Based on % of farm accounts within practice using Figured)
|Between 50% and 75% – 50% accelerator
Between 75% and 90% – 75% accelerator
Over 90% – 100% accelerator
“Although the weather and its impact on yield are out of my hands, making good decisions when probabilities change isn't. With Xero I know where we are today, and with Figured I can see where we are going.”
"Figured farmers are empowering themselves to take control of their finances and futures. Discussions are about going forward - the plan, the next steps - we're no longer always working in the past."
"Xero and Figured have halved the time spent on financial administration each month for one of our clients, saving us significant time and inefficiencies and allowing us to concentrate on adding real insight."
"With Figured and Xero, the whole farming team collaborate to plan effectively for the future. We can provide more value than just doing compliance, therefore have a much stronger relationship with our clients."
"Instead of spending hours pulling information from different places, I can run the majority of what I need straight out of Figured. Meetings are also more productive because we have really accurate data."
"We can now use Figured in a way that has given us more clarity around stock management and we don’t have to spend so much time at the end of the month trying to reconcile those stock numbers"
"Farmers have a big job, with little time for cash flows & budgets. That’s where Xero and Figured are great, making it possible to collate information to make decisions against budget forecasts"
"Farmers have many factors out of their control each year – from weather conditions to shifting commodity prices. With Figured and Xero, there is one less obstacle in regaining control of their finances."