Getting Greater Visibility of your Numbers – Farming Finances with Figured
15 September 2020
In the current economic climate it is becoming increasingly important that farmers have their fingers on the pulse, and are in control of their finances.
Figured, a Xero add on, is a farm reporting and budgeting software specifically tailored for farmers and farming businesses, and is becoming the most popular choice to assist with this. In conjunction with DairyNZ, BDO Taranaki recently held a very informative webinar on Figured, sharing some key tips and tricks on how to use the software and also how to make sense of the information presented.
During the webinar, BDO Taranaki farming and software specialists discuss how to improve the quality of information extracted from the software. They highlight the three essential reports available, delving into what these are telling us and discuss key areas to focus on.
For farming businesses, having real time data available soon after the transactions have occurred is enabling efficiency in decision making. The software also enables better collaboration between all key stakeholders – this is priceless.
You are invited to watch the above webinar video to learn more about:
- How to pull useful information from Figured
- Making sense of the numbers presented
- Good practices to ensure you are maximising your bottom line
- A questions and answer session concluding the webinar
To obtain further insight about how Figured or your software can assist with more informative timely decision making please contact the team at BDO Taranaki today.