Hate them or love them: the broker in the agricultural value chain is there to stay. eProd has developed a new module to manage middle-men in the agricultural value chain. You can now include brokers (please, let us call them agents from now on…) in your operations and keep records of their expenses and stocks built up. You don’t have to lose product traceability anymore simply because you buy (part of) your produce through local middle-men! You can manage outstanding loan balances and payments by the mobile application user. How does it work? Some examples:
You want to keep records of (petty) cash kept by the agent using the mobile application. The cash can be used for many different transactions, e.g. petty cash field expenses, giving out cash loans, paying cash for produce, etc. The user of the app can also receive cash, e.g. from the company, repayments of loans, sale of inputs against cash etc. There can be more than one (petty) cash accounts simultaneously. For example, one can use the same to keep track of the mobile payment account linked to a certain mobile phone. A user of the app is now able to keep track of cash and mobile payment balance.
Accounts are linked to a specific product. For the petty cash accounts mentioned above the product is cash. If multiple currencies are used, multiple accounts can be created. If the product is an input then this is reflected in the stocks. An example, an agent as issued 300 50 kg bags of a DAP fertilizer. A transaction of 15,000 kg will be created. So a product has a unit (e.g. KG) and a quantity per unit. Any product can be used, it is not restricted to agriculture by the way. It’s a matter of creating an account for it. It basically functions as a stock card.READ MORE