Case Study: BDO achieves more confident financial planning with Figured

How innovative cloud accounting technology has helped Sisam Farms and FARMit easily get on the same page when it comes to managing the farm finances

BDO Northland, an accounting practice serving rural clients, faced the challenge of engaging farmers in financial planning due to fluctuating incomes and the difficulty of accessing real-time information. Their previous accounting packages only provided backward-looking, periodic data, making proactive advice a significant hurdle. They implemented the Figured software to address this issue.

Using the Figured platform created a collaborative solution where the entire farming team, including BDO, the farmer, and their consultant, could work from the same set of real-time data. This allowed Figured to enable BDO to provide strategic advisory services more affordably. The result was that clients became more engaged in their own planning and forecasting, leading to more confident financial decisions and better preparation for uncertain events.

BDO

Robyn Terlesk

Partner