Figured

Overview

Figured is agricultural financial management software that gives farmers, accountants, consultants and banks a shared view of farm finances. It is best suited to farms that want financial planning alongside production records and already use Xero, MYOB or QuickBooks Online. That accounting connection is essential, which rules it out for farms using other systems.

Key features

Farm Manager combines three-way forecasting, scenario modelling, variance reporting and agricultural financial reports. For operators and advisers, that means plans and possible scenarios can be considered alongside reported results. Production tracking covers livestock movements, crop and milk production, feed transactions and operating expenses, linking farm activity with financial management. The package is a stronger fit for planning than a tool focused only on recording transactions.

Reporting Studio supports customizable reports, and Auto Analyst can generate commentary from live report data. Farm Reporter limits Reporting Studio to actuals, so it is the narrower choice for reporting without Farm Manager's planning and forecasting. Connections to AgriWebb, Agworld, FarmIQ and Trev can bring in farm-management data. Figured also lists integrations with Farm Source, Synlait, Open Country, Miraka and Westland, as well as AI scanning for killsheets from AFFCO, Silver Fern Farms, ANZCO and Alliance. An open API supports further integrations.

Security provisions include required two-factor authentication and encryption in transit and at rest. Figured says it is SOC 2 Type II and SOC 3 compliant, and assessed against Security, Availability and Confidentiality trust principles. It hosts application and data on Google Cloud Platform in the United States and says it complies with New Zealand and Australian privacy laws and GDPR. Support is available through an online Help Center and in-app Customer Success chat.

Pricing

Figured offers a free 30-day trial with live, changeable data, budgets, plans and reports, with no setup required. There is no free plan. The paid plans start at $14.50/mo, but the scope and field allowances differ enough that the entry price is not a guide to the cost of full farm management.

• Multi-Entity is free. It consolidates multiple Figured files and provides group-wide reporting, bank and governance packs. With cost to add included, it suits users who need a combined view across existing files rather than production tracking.
• Financial Manager costs $14.50 a month. It is limited to non-trading entities and has no production tracking, making it a lower-cost fit for financial management without farm operations.
• Farm Reporter costs $40 a month and includes 25 fields; each additional 50 fields costs +$40/month. Reporting Studio is limited to actuals, so it suits reporting needs that do not require planning and forecasting.
• Commercial Manager costs $50 a month, is for non-farming clients and has no production tracking. It is not the farm-operations option.
• Farm Manager (Single Farm Business) costs $90 a month and includes 25 fields; each additional 50 fields costs +$90/month. This is the clearest fit for a single farm business needing the Farm Manager planning and production scope.
• Farm Manager (Multi-Farm) costs $90 per farm per month, plus $14.50/month per non-production entity. It supports multiple farming operations under one accounting file and costs +$90/month per additional 50 fields. It suits multi-operation businesses, but the per-farm and field charges can raise the total as the operation grows.

Platforms

Figured is available on the web. Its accounting prerequisite and cloud hosting mean it is intended for farms able to work through a supported online accounting connection.

Who it's for

Choose Figured if farm finances need to be considered alongside production data, especially when advisers and operators need shared reporting and forecasting. It is less suitable for farms without Xero, MYOB or QuickBooks Online, or for those seeking a free plan. Smaller reporting needs may fit Farm Reporter, but farms that need production tracking and forecasting should compare its narrower scope with Farm Manager's higher base price and field charges.

Pros and cons

• Pro: Forecasting, scenario modelling and variance reporting sit alongside farm production tracking, useful for connecting operational activity with financial plans.
• Pro: The 30-day trial uses live, changeable data and includes budgets, plans and reports, giving prospective users a substantive way to evaluate the workflow.
• Pro: Integrations span farm-management systems, dairy processors and killsheet scanning, with an open API for integrations.
• Con: Every farm must connect to Xero, MYOB or QuickBooks Online, excluding businesses that use other accounting software.
• Con: Lower-cost plans omit production tracking or restrict reporting to actuals, while Farm Manager's field limits add recurring cost as coverage expands.
• Con: The application and data are hosted in the United States, a relevant consideration for farms weighing data location.

Alternatives

For a broader comparison, browse Farm Accounting Software.

• Farm-Ledger is worth considering if a free plan or Android and iOS access matters; its Starter plan is free for solo operators, while Farm costs $25 a month and Enterprise $99 a month.
• AgriERP may suit smaller growers seeking a standalone farm operations application, with platforms including mobile, web, Windows and self-hosted; its Lite pricing depends on platform, operation size and modules.
• CropBook is another free option, with web and iOS support.
• Farmcont is a paid alternative with web and Android support.
• Phoenix Financials may fit users who want a desktop financials option or broader platform support; Financials Desktop Lite starts at A$57 a month, with prices GST inclusive.
• Farmplan Business Manager is a paid Windows alternative.
• Lucro Rural is a paid web alternative.
• TELUS Farm Accounting is a paid web alternative.

Verdict

Figured is a strong choice for farms and advisers who need forecasting and production tracking in one financial workflow and already use a supported accounting platform. Its trial makes that fit possible to assess before committing. Look elsewhere if the accounting prerequisite is a mismatch, or if a free plan, desktop option or lower ongoing cost matters more than Figured's combined planning and production scope.