OnPay Partners with Magnify for Agribusiness Payroll

OnPay has partnered with Magnify to give farming and ranching operations the ability to integrate its top-rated payroll service. Magnify is a new agriculture management software tool from Farm Credit Services of America (FCSAmerica). This partnership gives farming and ranching operations a full-service payroll solution that meets their distinct business needs. It also brings payroll data together with other financials to provide agriculture businesses with all the information they need to make informed decisions.

FCSAmerica, a financial cooperative for agriculture businesses, launched Magnify in partnership with software firms Xero and Figured. Their goal was to create an accounting and managerial software system that helps agriculture businesses improve profitability and decision-making through a real-time view of an operation’s overall financial health. Magnify combines automated recordkeeping and accounting functions with production and inventory information to help producers track budgets, manage cash flows, and understand their all-in costs.

“This partnership gives farmers and ranchers something they’ve needed for a long time,” said Mark McKee, President and COO of OnPay. “Agriculture businesses use complex technology to increase yield and manage production. We’re excited to help make the back office more intelligent, too. Now owners and managers can save time on payroll, plus get a much clearer picture of their financials with Xero and Magnify.”