AGROSOFT > AGRICULTURAL COMMODITIES > TRADING & CONTRACTING

 

 
Agrosoft Enterprise

AGRICULTURAL COMMODITIES

 

 
 
TRADING & CONTRACTING
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Unlimited User Defined Contract Types, including Deferred Price, Basis, & Flat Price Contracts. 
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Customers can continue to use their own contract terminology.     
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Real Time Live Risk Position Integrating Contracts, Futures, and Inventory.  Position totals can be shown by location as well as rolled up to an organization level.
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Daily position report which tracks daily differences in position.  The daily position report allows position to be recreated as of a point-in-time
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Define multiple basis locations on a single contract. Contracts with multiple delivery points can have the price change at each delivery point.
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Ability to setup an unlimited number of contract costing (basis components) which can be included in the price or tracked for reporting purposes.  In upcoming Vessel system, fees can be accrued as you apply contracts to orders, to track profit per contract.
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Contract for loads or a specified quantity (bushels, tons, etc.)
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Distribute the contract quantity across multiple delivery periods
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Define Multiple Accounts (customers or vendors) that can apply to a single contract.
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  • Price portions of an un-priced contract creating multiple sub-contracts for each unique price and quantity.
  • Define unlimited number of contract clauses that can default in based on commodity, transportation type, currency.  All contract clauses can be modified as required.
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Ability to process contract overfills and under fills.
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Full support of contract washes and cancellations, including financial entries for gain and loss
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Ability to amend contracts and mark them as amended.
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Import previously entered contracts, or setup default price lists and user defaults for rapid data entry.
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Supports substitute products that can be delivered against the contract.
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Ability to specify transportation mode and terms on contract.
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Ability to setup predefined basis price lists, and connect your system to a live futures feed for instant price entry.
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Tracking and time stamping of significant contract changes.
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Ability to track brokerage fees
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Automated Process for rolling contract periods forward.
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Real Time Process for bringing Contracts to Market.  Process can generate the necessary journal entries for posting or be run for reporting only.
-- Contract quoting system allows producers to enter online quotes, which can be used to generate merchandising contracts if the market price is met.