Cash Flow Planning Helps Keep Farmer on Track

Duncan Ogilvie, a farmer near Lucindale, South Australia, partnered with his advisors at Murray Nankivell to improve financial clarity and streamline cash flow planning for his farm. By using Figured’s forecasting and scenario planning tools, Duncan could focus on the day-to-day operations, knowing his farm's finances were in safe hands.

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Duncan Ogilvie and his family aimed to expand their farming operations, trading more cattle and growing their business. However, they faced the challenge of managing complex finances in a way that provided confidence for both the bank and their advisors at Murray Nankivell.

Tracking cattle purchases and sales, planning cash flows, and aligning the team’s goals required a tool that offered transparency and ease of use. With the ambition to expand, Duncan needed a solution that could provide accurate data for forward planning while simplifying financial reporting. Mark Edwards, Director at Murray Nankivell, sought a tool that would allow proactive decision-making by forecasting cash flow and profitability for the next one to five years, ensuring that Duncan's vision for growth was financially sustainable.

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