Figured Ltd Company Research Report

Company Overview

• Name: Figured Ltd

• Mission: Figured aims to revolutionize farm financial management by providing a collaborative platform that connects farmers, accountants, bankers, and advisors with real-time financial information to improve decision-making and profitability.

• Founded: Figured was founded by Carl McDonald and David Marshall, farmers who were also accountants, driven by the need for better financial management tools tailored specifically for the agriculture sector.

• Key People:

• Dave Dodds: Chief Executive Officer

• Chris Lowe: Chief Financial Officer

• John Gibson: Chief Revenue Officer

• Zainab Al-anbuky: Chief People Officer

• Sarah Dobson: Executive GM, Strategic Partnerships

• Headquarters: No information available

• Number of Employees: 75+ employees

• Revenue: No information available

• What the Company is Known For: Figured is renowned for its integrated farm financial management software that synchronizes financial data with farm operations data, enabling better farm business planning and decision-making.

Products

• Product Offering: Figured provides a suite of farm financial management tools that integrate with various accounting and farm production platforms.

• High-Level Description: Figured offers a cloud-based solution that combines financial planning, farm operation tracking, and data integration, facilitating seamless collaboration and efficiency for farming teams.

• Key Features:

• Budgeting & Rolling Forecasting: Enables viewing overall profit and future cash availability, facilitating cashflow, profit and loss, and balance sheet forecasting.

• Production Tracking: Tracks livestock movements, crop and milk production, and integrates operational expenses with accounting platforms like QuickBooks Online and Xero.

• Consolidated Reporting: Provides powerful reporting for multi-farm operations, eliminating inter-entity transactions and presenting true profitability.

• Data Integration: Integrates with leading platforms such as QuickBooks, Xero, and various farm management systems for comprehensive financial management.

• Scenario Planning: Allows modeling of long-term farm decisions, measuring the financial impact of various strategies.

• Inventory Management: Represents financial value of inventory and manages valuation for future sale or production.

Recent Developments

• Recent Developments: Figured has been expanding its functionality through strategic partnerships and integrations.

• New Products Launched: No specific new products mentioned.

• New Features Added: Integration with platforms such as MYOB, Agworld, FarmIQ, Trev, and Farm Source to enhance user experience and operational efficiency.

• Partnerships: Collaborated with Xero, QuickBooks Online, Dairy Women's Network, ASB, and BNZ to expand reach and improve service offerings to the agriculture sector.