Case Study: KPMG Tauranga helps dairy farmers gain financial clarity with Figured

Like many dairy farmers, Wendy and John McLaughlin found themselves in a difficult position after the challenges of recent seasons

The customer, KPMG Tauranga, an agribusiness accounting specialist, was working with dairy farmers who lacked clear, real-time financial visibility and struggled to communicate their business plans effectively to their bank. Using the Figured software integrated with Xero, KPMG sought to provide these farmers with accurate financial data and better reporting.

The solution from Figured gave the farming clients immediate access to their financial information, enabling them to track budgets, code expenses to specific operations, and identify savings. This led to a measurable impact, with one farming couple reducing their expenses by nearly $60,000 within a year. Figured was instrumental in improving the farmers' banking relationships by providing clear, forward-looking budgets and giving the bank confidence in the accuracy of their financial data.

KPMG

John McLaughlin

KPMG