Accounting Software Built For Agriculture

Accounting Software Built For Agriculture

Tim Hammerich
Tim Hammerich
News Reporter
This is Tim Hammerich of the Ag Information Network with your Farm of the Future Report.

Mackenzie Burnett and her team at Ambrook had a thesis that farmers and ranchers could benefit from tools to make financial decisions without having to become full time bookkeepers. They proved this out by working closely with a diverse group of producers for over two years. The result is an accounting software specifically for agriculture.

Burnett… “ We were working with a small group of pilot customers for about two to three years, just building out a better version of the accounting software. So whether or not use QuickBooks or spreadsheets or something more specific. And I think that what enabled us to build was something that kept the simple simple, while making the complex possible. And so we have producers who come to us who really just need to be able to have more time in their day. We've cut their bookkeeping by more than half. We build up workflows that are for folks who spend more time in the field than in the office. And so you can do all of your bookkeeping and payments on a mobile app. Which is pretty unusual for bookkeeping software. We see more than 50% of our customers spend the majority of their time on our mobile app. So that's one piece. So it's, if you just wanna do tax prep, replace the shoebox of receipts. You take it to your accountant. We have a really great AI receipt capture that makes that really easy to categorize all the way to the folks who are using spreadsheets not as a ledger, but to do complex analysis.”

Ambrook offers tools like bookkeeping, invoicing, bill pay and enterprise-level profitability.

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