Uniting operations with single solution
Sowing the seeds for a global digital platform
Many agribusinesses rely on multiple, disconnected software applications to address the broad and various aspects of their business. A collection of individual systems can deprive the business of the operational efficiencies and enterprise visibility needed to be profitable. Agribusinesses that can unite their operations using a single, purpose-built business management solution are able to create a global digital platform that allows them to scale and grow profitably. What makes the business side of agribusiness so complex, and how can it be simplified for best advantage?
How we got here
Agribusinesses share many of the same business software requirements as companies in other industries, including core financials, human capital, inventory management, purchasing, and customer service. But agribusinesses also have an extensive list of unique requirements, including compliance, food safety, crop planning and optimization, production, contract farming, formulas and recipes, analytics, quality control, equipment maintenance, transport and logistics and the list goes on. In short, there’s a lot going on in an agribusiness, and few business applications are designed to tick all the boxes.
As a result, a farming operation might rely on a basic accounting application, a payroll service, a quality control application, and other specialty software packages along with dozens of spreadsheets to manage their operations. Other agribusinesses may be stuck with outdated legacy systems, heavily customized applications, and financial ERPs, creating a costly technical debt. This antiquated ERP heritage, along with the ongoing use of spreadsheets, keeps companies from moving forward in their digital transformation journeys.
Why we need to move forward
A report commissioned by AgriFutures Australia found that technology adoption and getting more from data are key drivers of growth for agribusiness. Without a single source of the truth, a central repository of all business data, agribusiness operators don’t have visibility across their operations, and that lack of visibility can be costly.
Experian’s 2019 global data management report, Taking control in the digital age, found that 95% of organizations see negative impacts from poor access to data and data quality, resulting in wasted resources and additional costs, ineffective business initiatives, poor customer experience, delayed data migration projects, and much more.
Relying on multiple disconnected applications, including an outdated ERP, can keep an agribusiness from capitalizing on technology and realizing its potential.
Where to from here
Agribusiness is getting more and more complex, so finding ways to simplify operations matters more than ever in order to sustain growth and profitability. When companies can reimagine business models based on actionable insights, they can run more simply, more productively, and more profitably.
Agribusinesses must consider moving to more robust, innovative, responsive, and intelligent, and industry-capable ERP systems designed to meet their unique demands. An integrated Agribusiness ERP solution is an effective way for farming operations to leverage technology for improved productivity and business success. An Agribusiness ERP solution enables companies to continuously improve operations by integrating broad functionality in a single platform while adhering to various international regulations.
Caron’s Agribusiness solution is powered by Sage X3 ERP. It’s a turnkey solution for agribusiness, bringing vital data together to improve the way companies produce, market, sell, package, and transport their products.
Together, Caron and Sage X3 unite your entire agribusiness operation and deliver powerful efficiencies that help you grow faster, leaner and greener.
We invite you to learn more about Caron’s Agribusiness solution. Contact:
North America – Paul Caron, CEO
South America – Luis Palmer, Peru Country Manager