According to IBM, business intelligence isn’t a new concept. But, it wasn’t until the 1990’s that data management systems really took off, despite their complexity. At this stage of development, anyone who wanted to use business intelligence tools needed an IT specialist to help them understand and utilize the software. Today, we’ve reached a point where business intelligence tools are being adopted for all kinds of uses, even farm operations and management.
Topics: farm enterprise analysis, Enterprise Resource Planning Software, ag tech
Are you looking to switch from legacy tech to an advanced ag-specific ERP tool? Enterprise resource planning tools designed for farmers account for the nuances that make the agricultural industry so unique. With such a high demand for crops and livestock all over the world, it’s important to have a highly efficient ERP system to help you with data aggregation, decision making, and management functions. However, before making the switch to a new ERP software solution, you’ll need to complete the ERP implementation process.
Topics: farm software, farm enterprise analysis, ag tech
Farming is a business. And, like with any business, there’s always an element of risk. Effectively managing farming risks is an important part of maximizing your agricultural business’ long-term success and profitability.
Topics: farm enterprise analysis
Every day, farm owners and operators are faced with a series of choices—some major, some minor. From choosing which crops to plant to deciding on equipment acquisitions, fertilizer usage, whether to hire more labor, and more, the choices are endless and often require frequent revisiting as situations change. And every decision requires careful consideration of your farm’s enterprise budget.
Topics: farm budgeting, farm enterprise analysis
| "What is the value of this kind of information if I can get it delivered to me in a more integrated fashion?" |
Topics: farm management accounting, accrual accounting, Dick Wittman, farm financial standards council, TEPAP, farm enterprise analysis, QuickBooks for agriculture, farm financial software
Farm accounting got you stumped? In the ag industry, many farmers rely on preparers for their farm accounting needs, but those services aren’t always...
According to IBM, business intelligence isn’t a new concept. But, it wasn’t until the 1990’s that data management systems really took off, despite...
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Are you looking to switch from legacy tech to an advanced ag-specific ERP tool? Enterprise resource planning tools designed for farmers account for...
By 2034, it’s estimated that farms will generate more than 4 million data points in a single day. How is this possible? Smart technology and...
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Have you been struggling to assemble accounting documents for your farm? With such large enterprises and a range of inventory, assets, and employees...
Some days it’s tough enough to keep up with the work, whether it be in the back office, field or barn, or both. This is, perhaps, one of the daunting...
Looking to improve the success of your farm business? Farm data reports might be the key to unlocking your potential. Think of these data insights...
Artificial Intelligence (AI) has left no stone unturned. Nearly every industry is talking about the ways it will impact them and what opportunities...
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...
Eisenhower once said "Farming looks mighty easy when your plow is a pencil and you're a thousand miles from the corn field." But for the back office,...
There are few things more important in accounting than accuracy, especially when managing your farm and making strategic decisions relies upon those...
Get excited for this year’s BOOST/23 Agriculture Software Success Summit with FBS Systems! This November, join us for an exclusive event that...