Create comprehensive budgets for entire farm operations, in only seconds!
TSL Farm Management ERP makes it easy to create budgets for the entire farm, no matter how many varieties you are growing, and regardless of the number of plantings. Make your farm a lean manufacturer by improving JIT delivery and accuracy of materials ordering. Financial decisions can be improved by having access to comprehensive Budget Management information before each season commences.
Minimize the risk of cash flow shocks, while maximizing farm cash flow, by planning ahead using the Budget Management information produced by the system.
Budget Management features
· Budgets create estimates for the cost AND quantity of labor, equipment, AND the date that the resource will be consumed or applied
· Easily detect when budgets have been missed, and take corrective action quickly to protect cash flow position
· Compare actual costs with estimated costs at any time in real time
· Analyze budget figures and actual figures grouped by land, produce, farm, site, produce type, or variety; or any combination of those selections
· Use estimated quantities of materials to assist with the creation of purchase orders and JIT supply from materials providers
· Define labor costs for each type of labor rate and pay rate
· Define hourly, or ‘per running unit’ cost for equipment and plant or machinery
· Define actual cost of materials via the purchase order record, or for those farms who do not wish to enter purchase orders, the standard cost of a material can be applied to the “part”, in this situation the purchase order is not necessary and farm managers can easily change materials costs over time without effecting historical Budget Management data
· Use estimated quantities of labor to assist with the planning of human resources
Create budgets before planting, to perform “What If” analysis, then undo the “What If” plantings if they will not be implemented
For more details on budget management, click here.