Gaining Traction in Your Record Keeping episode artwork

EPISODE · Mar 20, 2023 · 47 MIN

Gaining Traction in Your Record Keeping

from Farm4Profit Podcast · host Farm4Profit LLC

Farm Accounting Software Management – Income/Expense Management Tools Ian HarleyAside from being a farmer himself, Harley has more than 25 years of experience in sales and management of AgTech companies, delivering accounting, operations and agronomy software. Prior to co-founding Traction Ag, Ian held roles at Granular, Trimble and Farm Works Software Who is Traction Ag?History, Mission, Visionthe first cloud-based farm management software delivering financial solutions to growers across the Midwest.Why is it valuable for our listeners to know their true cost of production?What is the biggest struggle for farmers right now to have an accurate picture of what their breakeven is?What are some key ways to be able to look at the breakeven?Per bushel or per acreBy field or farmEquipment efficiency or labor efficiency What needs to be tracked?Inputs, costs, bills, yields, sales, etc….Why do most farmers struggle with record keeping?Why is it not fun to do?How do we motivate them to do a better job?What are some ways Traction Ag is helping make this process more efficient?Unified dashboard, electronic payroll, cloud based, shared accessBeing cloud based, is Traction Ag mobile?We have data integration throughout the farm, how is this different?When a farmer knows what their breakeven is what does it give them more power to do?Decision makingQuick answers without guessingMore data to analyze – accuracyNegotiation power with good dataHow does working with a product like Traction Ag help with a banker or financing relationship?Accountant?How does pricing work?How can people locate your product and sign up?What did we miss?What does success look like to you?SummaryChallengeWhat are some signs that our farmer/listeners have outgrown their current accounting software?   Want Farm4Profit Merch?  Custom order your favorite items today!https://farmfocused.com/farm-4profit/ Don’t forget to like the podcast on all platforms and leave a review where ever you listen! Website: www.Farm4Profit.comShareable episode link: https://intro-to-farm4profit.simplecast.comEmail address: [email protected]/Text: 515.207.9640Subscribe to YouTube: https://www.youtube.com/channel/UCSR8c1BrCjNDDI_Acku5XqwFollow us on TikTok: https://www.tiktok.com/@farm4profitllc Connect with us on Facebook: https://www.facebook.com/Farm4ProfitLLC/Farm4Profit Media is not a financial, legal, or tax advisor. Content is provided for informational purposes only, and we serve solely as a platform for third-party opinions. Any actions taken based on this content are at your own risk. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episode metadata supplied by the publisher feed · Published Mar 20, 2023

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Loaded Episode! First off we get a planter value update with TractorZoom. Then we catch up with the COO of Geringhoff to check in on production and new enhancements. Lastly, we chat with Traction Ag to possibly provide you with a solution for your record keeping. Working to make sure you fully understand your breakevens will better position your farm.

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Gaining Traction in Your Record Keeping

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