FarmPro

From numbers to knowledge, see your farm's finances clearly with FarmPro

Farms generate countless pieces of information daily, driving key management decisions that impact profitability. FarmPro is designed to help you manage this information effectively, giving you a comprehensive view of your farm’s financial health. It is an easy-to-use tool that connects directly with your ifac bookkeeping records, giving you a clear, real-time view of your farm’s financial performance. It automatically tracks income and expenses, showing you exactly where your money is going—no extra data entry required—so you can make informed, confident decisions for your farm.

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Why choose FarmPro?

A farm must be profitable to provide a livelihood, generate income and support future investments.

With FarmPro, the answers to your questions are at your fingertips:

  • Do I have enough cash to pay bills and invest?

  • Am I on budget?

  • How much is it costing me to produce?

  • Are my overhead expenses reasonable?

  • Can I afford to invest in my farm this year?

What is FarmPro?

FarmPro shows your farm’s finances using the financial data your bookkeeper enters. Just like your milk collection docket helps you track your milk supply - FarmPro helps you manage your money.

Performance analysis

Easily compare this year’s performance with last year’s, helping you stay on track with your goals.

Cash flow tracking

Track all of your monthly income and expenses to gain a clear understanding of where your money is being spent.

Cost management

Ensure your overhead costs are reasonable.

Financial security

Confirm you have enough funds to cover bills and invest in your farm’s future.

Profit Monitor Reports

Easily complete your Teagasc Profit Monitor.

Production Report (NEW)

View costs per litre, per Kg MS, per cow, and per hectare.

FarmPro Features

User friendly platform

Simple to navigate. Easy to understand.

Automated data input

Your bookkeeper uploads your data. FarmPro does the rest.

Access simplified online reports

Four essential reports to track cashflow, profit, yearly performances, and cost of production.

Four essential reports to keep you on track

Our newly enhanced platform, built with your valuable feedback, offers four key reports to help you track performance, manage cash flow, and control costs effectively.

Cash flow report

The Cashflow Report provides a comprehensive overview of your farm's cash inflows and outflows over a specified period. This report is crucial for effective financial planning, allowing you to anticipate future expenses and ensure sufficient cash flow throughout the year.

Profit monitor report

Our Profit Monitor Report streamlines the process of completing the Teagasc Profit Monitor at year-end, offering a host of benefits:

  • Speedy preparation: Say goodbye to time-consuming data gathering. With figures assembled and ready for input, you can swiftly complete your Teagasc Profit Monitor Report.

  • Precision and accuracy: Rest assured that your data is accurate and reliable, as it's based on your bookkeeper's reconciled accounts.

  • Flexibility: Whether you need insights for a specific period or the entire year, our Profit Monitor Report is available over any time frame, providing the flexibility you need.

  • User-friendly interface: Simplify the transfer of data from paper or online sources to the Teagasc Profit Monitor Report with ease.

Variance report

Variance Reports serve as invaluable tools for assessing financial performance and trends over time. Here's how they work:

  • Comparative analysis: The Variance Report meticulously compares figures from a selected period with the corresponding period in the previous calendar year. This enables you to track and monitor financial performance from year to year with precision.

  • Insightful analysis: By highlighting variance percentages, the report illuminates financial trends, providing key insights that empower you to make more informed financial decisions for your farm.

Production Report (NEW)

Make better farm decisions with financial data in the format you actually use.

The Production Report shows your profitability in cents per litre, cents per Kg MS, € per hectare, and cost per cow.

Quickly identify cost problems, and track efficiency year-on-year.

Emma Dooley

Talk to Emma Dooley

Farm Support Advisor052 7441772farmpro@ifac.ieLinkedin

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