FarmRaise Tracks vs Figured
FarmRaise Tracks
farmraise.comFigured
figured.comSide by side
| Figure | FarmRaise Tracks | Figured |
|---|---|---|
| Price from | $36/mo | $14.50/mo |
| Free plan | — | Yes |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| macOS | Yes | — |
| iOS | Yes | — |
| Android | Yes | — |
| Plans published | 5 | 6 |
| Spec score · Farm Accounting Software | 8.7 (#3) | 7.8 (#15) |
| Security controls | FarmRaise says users can delete their data, data is protected with bank-level encryption, credentials are not stored and financial data is not shared with third parties. | Two-factor authentication is required for all users, and data is encrypted in transit and at rest. |
| Support | FarmRaise provides support by email and chat during business hours, Monday through Friday, 9 a.m. to 5 p.m. ET. | Figured provides an online Help Center and in-app Customer Success chat via a green conversation bubble. |
Plans
FarmRaise Tracks
- Premium$36 a month
- FarmRaise Premium Monthly$40 a month
- Premium$40 a month
- Premium + Payroll$90.50 a month
- FarmRaise Premium Yearly$432 a year
Figured
- Multi-EntityFree
- Financial Manager$14.50 a month
- Farm Reporter$40 a month
- Commercial Manager$50 a month
- Farm Manager (Multi-Farm)$90 a month
- Farm Manager (Single Farm Business)$90 a month
In their own words
FarmRaise Tracks
FarmRaise Tracks helps farmers manage farm finances and organize financial data for tax time. Users can tag transactions with Schedule F categories, digitize receipts, and export transaction data as CSV for an accountant. Tracks generates income statements, balance sheets, and other reports. Its mobile app supports use in the field without an internet connection. FarmRaise says it connects with more than 12,000 financial institutions and uses bank-level data encryption. Users can create and send invoices, then track whether they are unsent, sent, partially paid, or fully paid. The platform also organizes produce, crops, livestock, activities, and inventory. Its web app has a library of funding opportunities that FarmRaise says it updates weekly, with alerts for new opportunities in a user's area. The service is available on Android, iOS, and web, with a 7-day trial and no free plan. FarmRaise Premium Monthly is $40 a month. FarmRaise Premium Yearly is listed at $36 a year, while its plan details state billed yearly at 432 USD. FarmRaise says it is not a bank or lending agency.
Figured
Figured is a web-based agricultural financial management platform that gives farmers, accountants, consultants and banks a shared financial view. Farm Manager supports three-way forecasting, scenario modelling, variance reporting and agricultural financial reports. Users can track livestock movements, crop and milk production, feed transactions and operating expenses. Reporting Studio offers customizable reporting, and Auto Analyst can generate commentary from live report data. Access requires each farm to connect to Xero, MYOB or QuickBooks Online. Other listed connections include AgriWebb, Agworld, FarmIQ and Trev, as well as dairy processors and livestock killsheet providers. Figured states that it has an open API, requires two-factor authentication for every user, and encrypts data in transit and at rest. The application and data are hosted on Google Cloud Platform in the United States. A 30-day free trial includes live, changeable data, budgets, plans and reports, with no setup required. Financial Manager is listed at $14.50 a month; Farm Manager for a single farm business is $90 a month. Other plans include Multi-Entity at free, Farm Reporter at $40 a month, and Commercial Manager at $50 a month.