Artificial Intelligence (AI) has left no stone unturned. Nearly every industry is talking about the ways it will impact them and what opportunities exist for how it can revolutionize the way we build and grow businesses. Farming is no different. Still, we’re an industry that’s notorious for slow adoption of technology and so how quickly will AI impact farming? How will we see it integrated?

Have you ever struggled with inaccurate data as a result of legacy tools or errors made as a result of manual entry? Truthfully, most businesses have and, thankfully, most have found a solution.
Enterprise resource planning software streamlines data entry and allows for connections between an array of processes already being conducted on your farm. Thanks to integration capabilities, it seems as though farmers have successfully found their “holy grail” for accurate data management and reporting.

Inflation is an ever-present problem for any business—and farms are no exception. Higher inflation rates can mean having to pay more to workers to keep them, paying more for various supplies, and having a harder time selling certain products as cost-conscious consumers cut back on grocery expenses to stretch their own budgets. Having a farm management information system can help farm owners and operators stay ahead of inflation and keep their businesses profitable.

Running farm operations means obtaining supplies from outside vendors and paying them on time. Accounts payable (AP) refers to the money that is owed to these suppliers after you’ve made purchases with credit. As you need more goods from more manufacturers, this information can quickly become disorganized. Missed deadlines or duplicate payments will cost you money in the long run, but an automated system will help reduce these unnecessary costs and stay ahead of your payment due dates. 

As a farmer, your day is filled with tasks. As a farm manager, your day is filled with decisions. From small to large, every decision you make will impact current and future operations. While a farm ERP solution helps you gather the data you need to make those decisions, you’re still left with options on when and how you implement it. It’s one reason we suggest creating a growth path decision tree, even when it comes to accounting. Each decision leads to more decisions and different outcomes. So, understanding the accounting implementations options before you, and the ways those decisions can impact your growth, is important.

While pastoral images and pictures of farmland often suggest a kind of quiet peace, anyone who’s worked a farm or ranch knows that, most days, it’s far from tranquil; there are just so many moving parts. At any given moment, one might be pulled in a different direction to handle evolving situations or address pressing needs.

But, what if there was a tool to help manage all those moving parts, including outside vendors and suppliers, ensuring that supply needs are met in a way that saves both time and money? Farm ERP software is designed to do just that, including helping with vendor management.

Prior to the arrival of drones, farmers relied on aerial footage from manned aircraft or satellite images to provide a valuable view from above when it comes to their fields and land. In the 1980s, drones or unmanned aerial vehicles (UAVs) appeared on the scene, but they still weren’t  cost-effective for most farmers.

Today, no one underestimates the value of drones in farming. Even that technology has grown exponentially and farmers are learning how to leverage it to improve their operations. Still, all the data in the world can’t help with farm management if there’s no way to aggregate and organize it in a way that delivers the insights you need to plan.

That’s where ERP software comes in. While it’s been in existence for quite some time, advances have provided significant improvements in agricultural ERP software that, much like a drone, can provide a comprehensive and detailed view from above for your farm operations.