A 2017  K•Coe Isom study showed people who spend time collecting and interpreting financial and operational information will average higher profits and better solvency than their peers. The research also found “power users” of information had greater labor efficiency, generating more revenue with the same number of employees.  Finance and growth consultant Peter Martin defines best practices that pay in the February 2021 Farm Journal.

 

"Labor and machinery variances are just awesome," according to the latest corn and soybean cost of production benchmarks presented by John McNutt, LattaHarris and Moe Russell, Russell Consulting Group at the FBS Ag Software Success Summit on August 20, 2019 in Moline, Illinois.

Other observations by McNutt and Russell:

Ag experts, farm owners and accountants from 13 states and provinces met in Moline, Illinois, to catch up on tech trends and sharpen their management and accounting skills at the Ag Software Success Summit, sponsored by FBS Systems, Conservis,  LattaHarris CPAs, AgCompass and the Mutual Agricultural Software Alliance (MASA).

Farm Futures recently published a story by Mike Wilson reporting on the partnership between Conservis and Rabo AgriFinance that answers the question, "What happens when a top ag financier teams up with a leading digital farm management business?"

Mark your calendars for Monday, August 19 through Wednesday, August 21 for the premiere software knowledge and networking event for agriculture's information managers.  This year's Software Success Summit theme is "Moonshot" as we celebrate Apollo 11's 50th anniversary and unveil a high-aiming software development plan funded and directed by MASA (the Mutual Agricultural Software Alliance). 

Presented by:

(Part 6)

The following is a summary of a presentation entitled "Financial and Management Accounting Software--Developments, Implementation Challenges, and Integration Issues" made in July 2018  to the Farm Financial Standards Council Annual Conference in Champaign, Illinois.

If you’re struggling with a main street accounting program today, it might be time to reach out to a higher-level, farm-focused program for...

(Part 5) 

The following is a summary of a presentation entitled "Financial and Management Accounting Software--Developments, Implementation Challenges, and Integration Issues" made in July 2018  to the Farm Financial Standards Council Annual Conference in Champaign, Illinois.

The following is a summary of a presentation entitled "Financial and Management Accounting Software--Developments, Implementation Challenges, and Integration Issues" made in July 2018  to the Farm Financial Standards Council Annual Conference in Champaign, Illinois.