Farm Financial Information - Maintains producer financial information, including relationships with external financial entities.
- Recognizes and supports fiduciary responsibilities (security and integrity) of the enterprise for the producer/financial entity relationship.
- Allows for enterprise owned or managed services for producers, such as insurance and supply sales.
Calculation of Period Values - Utilizes a common, table-driven method that provides clients with the hands-on, user-definable capability to establish a full range of computations for payment, premiums, penalties, and incentives based on volume, quality, or any other client-specific requirement.
Processing of Payments - Supports advance or partial payment during the production period.
- Generates statements for both the production and financial period.
- Supports payment by check or by electronic funds transfer, by either generating the checks or interfacing with an accounts payable package.
- Provides general ledger with payment and related financial values.
- Allows for the issuance of payments to third parties for properly authorized assignments made by producers.
- Issues payments for marketing and transportation services.
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