Comparison Guide
Which Farm Financial Management Software Is Right for You?
Australian farmers have several options for farm financial planning. This guide compares the key tools on what matters most: usability, decision support, and helping you manage your farm business better.
What's the Difference Between Farm Accounting and Farm Financial Planning?
Most farm accounting software — Xero, MYOB, QuickBooks — is designed for tax compliance and bookkeeping. It tells you what happened in the past. Farm financial planning software goes further: it helps you understand your business performance, test decisions before you make them, and plan for the future.
The three main farm financial planning tools in Australia are P2PAgri, Agrimaster, and Figured. Each takes a different approach to helping farmers manage their business. This comparison focuses on the things that matter most for making better farm business decisions: how easy the software is to use, what decision-support tools it offers, and how well it connects with your existing systems.
Feature Comparison
Full support Partial Not available
| Feature | P2PAgri | Agrimaster | Figured |
|---|---|---|---|
| Usability | |||
Free plan available Get started without a credit card or commitment | |||
Cloud-based (no install needed) Access from any device with a browser | |||
One-on-one training via Zoom Personalised setup and training sessions | |||
In-app help videos and AI assistant Context-sensitive help right where you need it | |||
Simple setup for non-accountants Designed for farmers, not bookkeepers | |||
Accredited training Formal farmer training currently available through Tocal Ag College | |||
| Farm Business Decision Support | |||
Scenario analysis (what-if modelling) Test decisions before committing real dollars | |||
5-year financial projections Cash flow, P&L, and Balance Sheet projected forward | |||
Side-by-side scenario comparison Compare base plan vs alternatives visually | |||
Management P&L (not just tax) Enterprise-level management accounting | |||
Key bank ratios with visual dials Liquidity, efficiency, and wealth metrics | |||
Monthly planned vs actual cash flow Track your season in real time against budget | |||
| Farm-Specific Features | |||
Crop gross margin analysis Gross margin per hectare, per crop, per paddock | |||
Livestock reconciliation & DSE Full livestock tracking with stocking rate analysis | |||
Farm paddock mapping Draw paddocks on satellite imagery | |||
Rainfall tracking & water use efficiency Record rainfall and calculate WUE for crops | |||
| Integration & Collaboration | |||
Xero integration Pull Trial Balance data from Xero automatically | |||
MYOB, Agrimaster, Phoenix import Import data from other accounting packages | |||
Adviser collaboration tools Share data with your adviser or accountant | |||
Accredited adviser training program Structured training and certification for advisers | |||
Comparison based on publicly available information as of March 2026. Features may change. We recommend trialling each product to assess fit for your specific needs.
How Do They Differ on Decision Support?
P2PAgri — Built for Decision-Making
P2PAgri was designed from the ground up to help farmers and their advisers make better business decisions. Its standout feature is scenario analysis — the ability to clone a season, change variables (yields, prices, land area, livestock numbers), and see how those changes flow through your cash flow, P&L, balance sheet, and bank ratios for up to 5 years. You can compare scenarios side by side and present them to your bank. Built by farm business consultants with over 35 years of experience, it's also the only platform with a free starting tier, an AI assistant, and built-in paddock mapping.
Agrimaster — Deep Financial Recording
Agrimaster has long been the go-to for farms that want detailed financial recording and enterprise reporting. It excels at granular cost and income tracking at the enterprise level and is widely used in Western Australia. It's a desktop application rather than cloud-based, which means data stays on your computer but limits access from other devices. It's stronger on recording what happened than modelling what might happen.
Figured — Accounting-Led Budgeting
Figured integrates tightly with Xero and is designed primarily for accountants to work with farming clients. It offers solid budgeting and forecasting tools and real-time data syncing with Xero. It's well-suited to farms where the accountant drives the financial planning process. Its strength is in the accountant-farmer collaboration workflow.
Which Software Is Right for Your Farm?
You want to test 'what if' decisions before committing
P2PAgri's scenario analysis is purpose-built for this. Clone a season, change the variables, and see the 5-year impact.
You need a free plan to get started and explore
P2PAgri offers a free Essentials plan that includes balance sheet, P&L, and management reports — no credit card needed.
You want to present financial plans to your bank
P2PAgri generates bank-ready reports with 5-year projections, ratio analysis, and scenario comparisons.
You want paddock mapping and rainfall tracking included
P2PAgri is the only option with built-in satellite mapping and rainfall tracking.
Frequently Asked Questions
Can I use P2PAgri alongside my existing accounting software?
Yes. P2PAgri is not accounting software — it's a management and planning tool that works alongside Xero, MYOB, Agrimaster, Phoenix, and others. It imports your financial data and transforms it into management reports, scenario analysis, and forward projections.
Do I need to be an accountant to use P2PAgri?
No. P2PAgri is designed for farmers. You don't need an accounting background. The software builds your management reports from the data you enter or import, and the AI assistant can answer questions in plain English. Plus, one-on-one Zoom training is available.
Is my data secure in the cloud?
Yes. P2PAgri uses secure cloud hosting with encrypted data transfer and storage. Your data is backed up automatically and accessible only to you and anyone you specifically invite (like your adviser).
Can I try P2PAgri before committing?
Absolutely. The Essentials plan is completely free — no credit card, no time limit. Upload your tax return data and instantly see your balance sheet and management P&L. Upgrade only when you need cash flow budgeting or scenario analysis.
Try P2PAgri Free — No Credit Card Required
Start with the Essentials plan and see your farm's financial picture in minutes. Upgrade when you're ready for scenario analysis and 5-year planning.
No credit card required. Start with our free Essentials plan.