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Gain full control of your farm’s finances—from expense tracking to cash flow management. Designed for growers and processors, our AI-powered farm accounting software simplifies accounting at every stage.
Explore our measurable impact in agriculture—empowering agribusinesses to boost yield & drive sustainable growth.
From strategic planning to daily operations, our accounting tools simplify budgeting, forecasting, and reporting, empowering better farm management.
Align your farm's financial planning with production cycles, ensuring that costs and revenues are forecasted based on planting schedules, harvest times, and seasonal factors.
Create customized financial plans that accommodate the varying needs of crop seasons and livestock growth periods, giving you control over short- and long-term budgets.
Easily create, track, and adjust budgets with intuitive tools designed for farmers. Stay on top of finances without complex software.
Predict and budget for variable input costs such as seeds, feed, fertilizers, and equipment. Make informed purchasing decisions ahead of time.
Identify potential risks, such as weather events or market fluctuations, and create contingency plans to mitigate their impact.
Forecast crop yields and livestock outputs using historical data and trends. Estimate potential revenue and plan accordingly for seasonal cash flow.
Track the costs associated with field upkeep and equipment usage. Maximize the life and value of your assets while controlling maintenance expenses.
Monitor and compare costs across all areas of your farm. Ensure all resources are allocated effectively to maximize profitability.
Manage and optimize your inventory of seeds, feed, fertilizers, and other inputs in real time and ensure timely purchases to maintain healthy stock levels at all times.
Generate detailed financial summaries at the end of each season to assess performance & compare against forecasts. Make informed decisions for the next cycle.
Keep all financial records and documents organized and ready for audit. Ensure your farm meets all regulatory requirements and easily passes inspections.
Create customizable dashboards to monitor key performance indicators relevant to your farm's operations. Get quick insights into financial health.
Easily manage your farm’s finances from anywhere with features that let you record transactions on the spot and monitor expenses in real-time.
Access your farm's financial data on the go, whether you're in the field or at the market, with seamless mobile and offline capabilities. Stay connected to your farm’s financial health at all times.
Ensure your farm's financial practices align with Generally Accepted Accounting Principles (GAAP), protecting your farm operations against audits and enhancing credibility with stakeholders.
Engage your team in real-time financial discussions and decision-making, allowing farmers, accountants, and stakeholders to work together efficiently on budgets, forecasts, and performance metrics.
Adjust financial processes to fit your unique farming operations, from crop budgeting to livestock management, optimizing workflows that adapt to seasonal changes and specific business requirements.
Easily oversee income, expenses, and profitability for multiple farm locations from a single platform. Gain full visibility into each farm’s financial health and plan, project, and adjust your farms’ finances to make informed decisions.
| Feature | Doing it Manually | Other Farm Accounting Tools | Folio3 AgTech's Farm Accounting Solution |
|---|---|---|---|
| Income and Expense Tracking | Time-consuming, error-prone, lacks real-time data | Basic tracking with limited real-time capability | Automated, real-time tracking across all departments; integrates with comprehensive financial systems |
| Multi–Entity Accounting | Limited multi-entity and location support | Basic multi-entity support | Advanced multi-entity and multi-location management with consolidated reporting across all sites |
| Crop & Livestock Cost Analysis | Provides cost analysis but limited customization for complex farm setups | Difficult to track granular details for each crop or livestock | In-depth cost analysis per unit, crop, and livestock type, customized for detailed financial insights |
| Inventory Management | Basic inventory management features | Requires manual updates, prone to delays and stockouts | Advanced inventory tracking with alerts and forecasting, covering crops, livestock, and equipment |
| Payroll Management | Manual tracking and tax calculations; prone to errors and compliance risks | Payroll integration with limited compliance features | Integrated payroll with automated compliance checks, tax management, and seasonal workforce support |
| Budgeting and Forecasting | Limited to spreadsheets, lacks predictive insights | Basic budgeting tools with standard forecasting | Advanced budgeting with predictive analytics, scenario-based planning, and financial forecasting |
| Accounts Payable/Receivable | Manual invoice tracking and delayed cash flow | Standard AR/AP tracking with limited automation | Automated invoicing, payment reminders, and faster AR/AP processing to improve cash flow and partner satisfaction |
| Bank Reconciliation | Manual matching of bank statements, prone to delays | Automated bank reconciliations for major banks | Fast, automated reconciliation with daily updates across multiple accounts |
| Fixed Asset Management | Manual tracking of asset lifespan and depreciation | Basic fixed asset tracking with limited depreciation schedules | Comprehensive asset management with automated depreciation calculations and maintenance schedules |
| Fixed Asset Management | Relies on manual report generation, limited KPI insights | Pre-built reports with standard KPIs | Customizable reporting with in-depth KPIs tailored to farm performance, crop yields, and livestock productivity |
| Loan and Grant Tracking | Manual tracking with high risk of missed deadlines | Limited tracking with basic reminders | Automated loan and grant management with payment schedule reminders and fund utilization tracking |
| Tax Compliance and Planning | Manual filing; high risk of errors in agricultural tax deductions | Basic compliance tracking, often lacking specific support for agricultural tax codes | Automated tax compliance with agricultural tax codes and real-time updates for accurate filings |
| Mobile Access and Cloud Integration | Not accessible remotely, limited collaboration | Cloud-enabled access with limited remote functionality | Full mobile and cloud access, enabling real-time updates and easy cross-team collaboration for data-driven decision-making |
| Compliance and Audit Trails | Limited record-keeping, vulnerable to errors | Basic audit logs; limited compliance management | Detailed audit trails for each transaction, ensuring transparency and meeting agricultural compliance regulations |
| Integration with Other Systems | No integration; requires manual data entry | Limited integration with farm-specific management tools | Seamless integration with Dynamics 365 and NetSuite, creating a unified platform for financial and operational data management |
Meet our expert advisors, bringing ag industry knowledge and insights to empower your businesses. Together, we navigate challenges and drive growth.
Executive Vice President
UnCommon Farms
Ex-Sen. Associate Director
Boehringer Ingelheim
Ex Chief Operating Officer
National Pork Board
President
Gro Alliance, LLC
Senior Director of Sales & Marketing
UnCommon Farms
Discover how we empower businesses to achieve remarkable growth, streamline operations, and enhance sustainability across the agricultural landscape.
Read what our clients say about their experiences and the difference our solutions have made for them.
VP of Operations
Vice President Information Technology
IT Project Manager
Systems Administrator
Product Manager
Which farm bookkeeping software is best for simple farm business accounting?The best farm bookkeeping and accounting software is one that is easy to use, provides real-time financial insights, and integrates seamlessly with your farming operations. Folio3 AgTech's easy farm accounting software is designed for simplicity and efficiency, offering features that can help you manage your farm on the go.
How do you keep track of farm expenses?Tracking farm expenses is easier with software for farm accounting. The platform categorizes and monitors expenses in real-time, from seed purchases to equipment maintenance, ensuring you stay on top of your financials. Accounting software for farm business offers mobile access that enables you to get financial data while in the field.
What agriculture accounting software method should farmers use?Farmers can use a double-entry accounting method, which is standard in agriculture accounting software. This method provides a clear view of profits, expenses, and liabilities, helping farmers make informed financial decisions.
What is agricultural accounting software?Agricultural accounting software is a specialized tool designed to manage the unique financial needs of farming operations. Farm accounting systems help farmers track expenses, monitor income, handle payroll, manage inventory, and comply with financial regulations. Folio3 AgTech's farm financial software goes a step further by offering AI-driven insights and customizable workflows to suit various types of farm operations.
Is farmers' accounting software compatible with my existing farm management tools?Yes, accounting software for farmers is designed to integrate smoothly with your existing farm management tools. Our software supports data imports from various platforms and syncs seamlessly to create a unified financial view, ensuring that you don’t have to overhaul your current setup to gain benefits.
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