Farm profit and loss; account for every penny

Your farm profit margins rely on how effective you are with stock control. Farm profit and loss budgeting software tracks everything from seeds in, to produce out. Having an effective farmplan that maps out your plot, that automatically calculates how many seeds you need, will dramatically reduce wastage. You need to account for as much as possible in order to maximise your margins. Costing every aspect of the crop cycle will help increase profits.  

How can farm profit and loss planning and budgeting grow your revenue? 

Introducing AI farming automation into your crop pipeline will have two major effects, it frees up your time, and it documents everything. You should account for everything, including time spent on projects, inventory, wastage, disease, and everything in between. 

Reduce waste 

Profitable farming can be challenging, especially for smaller farms, where any problems are exaggerated. Our intelligent farm profit and loss account software gives you real time data on turning your crops into profit, while saving you time and money.  

Sustainability 

What is sustainable farming? How does Live Farmer help create a sustainable farming environment? Livefarmer works with controlling the amount of water, heating and lighting used, to make it more efficient, creating a better farm profit and loss balance. You can utilise the software to create the required microclimate as cost-effectively as possible.  

Data driven analysis 

The challenge of low cost farming is to maintain the highest standards, while reducing unnecessary spends. It can be tough to know which investments will benefit your farm most, but what if it could all be worked out for you? AI in farming can give you better farm profit and loss ideas from calculating your capital expenditure, which helps you identify the best places to invest. Reducing the risk of wasting money on needless development.   

Planning ahead 

What is the most profitable crop you grow? How much inventory do you need each growing season? With automated farming software, you don’t need to guess, you can make accurate estimates from existing data. You don’t have to go digging through spreadsheets, or notepads, as this information has already been stored in the database. The software learns based on the data you input each growing season, to give you a more accurate crop yield per plot. As each hectare of land is potential profit, you want to know what is going to benefit you the most before you even plant a single crop!