UNIQUE FEATURES OF A GRAIN TRADING SOFTWARE
What is grain trading software?
GRAIN TRADING SOFTWARE: Talking in terms of ancient world, grain trading has been an important part of every civilization since its inception. Hundreds of years ago, grain traders used to take risks and had a tough time managing the trade. The problems were many back then, including shipwrecks, pirates, unexpected weather and storms were all a part of the obstacles the traders had to face. Fortunately, merchants today don’t have to fight pirates anymore, albeit there are other challenges they have to keep up with in order to run their business smoothly.
Talking about modern-day challenges, traders training with grains need different ways to manage and stabilize the volatile prices in the market and look for a way to maximize the profits in order to mitigate the risks posed by external factors.
One of the best tools to help traders manage their business easily is by using grain trading software. As a trader working and depending on physical commodities, this software helps in managing every operation from risk management, warehousing, accounting, buying and selling, distribution, transforming products to merchandising. No matter which grain trade you are dealing with, our Websys commodities trading software is your solution for a great trading experience.
Unique features of ERP software for grain trading
As a highly competitive market, logistics management in grain trading has become important to manage the uncertainties that might arise during the coordination of buying and selling grains in the supply chain. Grain trading software will help get the right products at the right time and in good condition for the firm’s growth.
Warehouses are constructed scientifically to protect the quantity and quality of products stored in them. It helps in price stabilization by checking the sale tendencies post-harvest. As warehouses help in preventing losses both in terms of quality and quantity of the grains, commodities trading software helps in the management of grain and its storage in the warehouse.
As a grain trader, you must be aware of the multiple stages involved before the commodity is ready to go to the market. With so many steps involved like processing, grading, transportation, assembly, etc. An ERP software for grain trading will help you keep track of everything while the commodities reach the final destination seamlessly.
Lot number management
A lot number is basically an identification number that is assigned to a specific quantity or lot. Usually, it is assigned before packaging. These lot numbers help in tracking the type of grain you are dealing with. A grain traders pos software helps in managing multiple lot numbers all in one place.
Brokers and brokerage fees
As a grain broker is someone who facilitates the sale and purchase of the commodity or grain, he serves an important role of being the point of connection to help the party get the best deal. However, to do this, they charge fees or commissions. A grain trading software will help you keep track and manage the payment of these fees so as to avoid any obstacle in the business.
The cash flow and management play an important role in the smooth functioning of the business. The amount from the debtors should be accounted for, and a transparent account of trade must be maintained. Commodities trading software helps in managing such transactions receivables to the business.
The amount payables to the creditors must be accounted for and managed carefully as in many instances, there can be interest attached to such amounts. In order to save costs and have a cordial business relationship with your creditors as it also affects the reputation of your business, grain trading Management software will help in keeping track of the date and amount payable to creditors.
FREQUENTLY ASKED QUESTIONS (FAQs)
Which type of grains can be managed with grain trading software?
Every and any type of grain or commodity can be managed with grain trading software, and it can be used for the business of every size as our Websys grain traders pos software is versatile and scalable to manage all type of grain trading ventures efficiently.
What are the types of activities that can be managed with grain trading software?
Every kind of activity ranging from risk management, warehousing, accounting, buying and selling, distribution and sale, transforming products to merchandising can be managed using our state-of-art trading software.
Why should I use Websys grain trading software for my business?
Trading commodities like grains can be very hectic, given the array of risks and operations required for the management of such goods. Websys trading software helps in managing almost all the major operations, keeping track of payments and goods, warehousing, logistics, and all the important activities so that you can focus on growing your business with significantly lesser load and more transparency.
About Websys grain trading software
We at Websys understand the challenges and risks faced by traders and the amount of massive pressure they go through almost daily for helping the products reach the buyers. We have, therefore, created state-of-the-art trading software for helping the traders manage all their operations with the click of one button with our easy-to-learn and use software.
We have developed our software keeping in mind the market conditions and its volatile nature to help you provide an immediate standard solution to avoid any possible hiccups. All the important steps to carry out the business, right from receiving the stock from farmers after harvesting to logistics, warehousing, payment management, to broker fees management, we are here with you in every step. Now see real-time results and visibly easier management with our grain trading software that has much more to offer to your business.
Rewrite the new ways in which you run your business
make Websys your companion.