CropTrak Adds Digital Contracting and Settlement for End-to-End Financial Capability

Apr 26, 2022

The First to Digitize Grower Contracts into One Supplier Management System

TUCSON, AZ – April 26, 2022 – Today, CropTrak publicly released a platform update that expands its capabilities to provide multi-stakeholders complete visibility of the financial transactions across their ingredient supply chain. For the first time, food and beverage companies managing grower contracts and settlements can do so in one seamless platform optimized for collaboration and insights.

“For companies who manage hundreds or thousands of field contracts, integrating the buyers, agronomics, and accounting teams into a single, real-time source of truth can save the company millions of dollars,” said Aaron Hutchinson, co-founder and CEO of CropTrak. “Our goal is to continue to lead the food industry with ongoing innovation and process improvements to help assure food is safe, affordable, and sustainable, while making paper contracts a thing of the past.”

Using a fully integrated cloud-based platform, CropTrak customers spread production demands across grower fields in the form of digital contracts. The contracts are then connected with on-farm activities and inputs during the season to ensure contract compliance before being combined with harvest, grading, and weight data to calculate the ERP payment memo for growers, haulers, and other service providers. The auditable digital record of every entry is maintained in a single-ledger cloud database that supports verification of crop, contract, and sustainability data at any time and with confidence.

“CropTrak allows us to accumulate all our data from the planting seeds through the whole growing season up to payment upon delivery,” said Randy Peguignot of Del Monte Foods. “We use the CropTrak platform to schedule planting and keep all of the data in one live environment so everyone can keep up in real-time.”

Following several successful 2021 pilot programs with existing customers, CropTrak added the financial framework into its standard platform for the 2022 season. Customers can now collect, monitor, and report financial data in addition to agronomy, supply chain, and ESG data for complete business management and transparency.

CropTrak Helps Del Monte Create a Transparent Food Chain to Share Where Your Food Comes From and How It’s Grown

Apr 13, 2022

Del Monte’s recent press release details how CropTrak’s software is enabling its network of growers to track and trace sustainability, and customer audit information in one central repository, allowing for more dynamic feedback loops with operations and partners.

Del Monte will leverage CropTrak’s software integration with Stewardship Index of Specialty Crops (SISC) calculator to provide greater insight into the care, sustainable farming practices, and rigorous quality control from farm to table.

Read the entire Del Monte article here and here.

Carbon as a Crop?

Jun 4, 2021

When it comes to your sourcing supply chain, you want transparency of crop, costs, and contracts so you know where every product is, its story, and what it costs.  

What about your carbon? Can you tell your carbon story with the same detail? Can you differentiate the quality of your carbon from others? 

CropTrak understands the importance of upstanding land stewardship and transparency. With proper care, management, and a technology solution that provides clear, transparent data, we can all ensure long-term soil and ecosystem health with regenerative agricultural practices.   

The CropTrak platform collects data on a wide range of operational and sustainability-related factors, including green house gases (GHG), helping you generate the deep insights you need to guide initiatives, improve overall resource efficiency, and maximize profitability.  

Both consumers and industry advocates recognize the value of regenerative agriculture, so a platform that can provide your organization with data flexibility is essential. CropTrak’s global cloud technology solution efficiently and transparently reports on your long-term commitment to our planet’s overall health, providing data that meets growing science-backed metrics.
  

Have your metrics changed or do you need deeper reporting?

 

CropTrak provides a no-code platform to collect and analyze real-time grower operational and sustainability data, enabling web reporting that aligns your entire network to ensure you are all working toward the same goals and outcomes. 

With CropTrak, you can know your carbon story, back it with data, and share how your organization is committed to long-term soil and ecosystem health. 

Have questions or want to know more? 

Reach out to us directly HERE to start telling your carbon story. 

Learn More!