FINPACK is the premier farm financial management program used by educators to help producers and students better understand and manage their farm finances.
Educators use FINPACK to help producers or students:
- Develop cash flow projections to estimate peak operating loan needs and repayment capacity.
- Evaluate income and expenses, to assess the profitability of each enterprise in the operation and determine whether each is contributing to the bottom line.
- Understand the operation’s financial position, including metrics like working capital, net worth, and solvency. Financial trends can be evaluated annually to monitor the operation’s progress towards business goals.
- Evaluate the financial impact of major changes before investing money to determine feasibility.
FINPACK is used by hundreds of farm business management instructors, college professors, and Extension educators to help farmers and students learn about farm financial management. Use FINPACK to increase the value of what you offer to farmers, ranchers, or students.
FINPACK is not an accounting system; instead it provides tools to put farm records to use to evaluate financial opportunities and make informed business decisions.
FINPACK data can easily be shared between educators, producers, and lenders to gain efficiencies for all, thus making the credit process quicker and easier.
Ask about our discounted Teaching Version of FINPACK for use with a college class.