GrainTrack Review
What is GrainTrack?
GrainTrack is a convenient and versatile web-based ERP/CTRM solution that empowers organizations and businesses in CIS countries that trade agricultural commodities, particularly grains. Various teams and employees of grain trading companies can use GrainTrack to streamline processes, increase efficiencies, and reduce human errors.
These include management, execution, trade, finance, logistics, and back-office teams; operations managers, CFOs, and CEOs. All their essential processes and data are integrated into a single system, improving accessibility, transparency, and management.
GrainTrack permits them to plan and evaluate deals, generate and send contracts, certificates, and other documents, and track and handle shipments. Users can also communicate and collaborate with buyers, suppliers, customers, and counterparties efficiently.
The software also automates financial tasks, such as invoice creation, operating P&L calculation, transaction and payment accounting, and cash flow analysis. Moreover, instant and comprehensive reports and analytics can be accessed in real-time. GrainTrack is offered via a SaaS subscription model.
Show MoreOverview of GrainTrack Benefits
Deal Planning & Management
GrainTrack simplifies and improves how users plan and handle agricultural commodity trade deals. They can create trading tickets to store, retrieve, and evaluate all the important information and details about new trade deals. Once the trading tickets are approved, they’ll be able to generate contracts that can be printed, shared, and signed right away.
The ERP/CTRM software also permits them to instantly calculate and analyze their trade and mark-to-market positions in physical and futures contracts. They can implement hedging in order to increase profits and reduce losses caused by commodity price fluctuations.
Optimized Logistics & Back-Office
Grain trading companies can make their logistics and back-office processes more efficient, transparent, and dynamic. Commodities can be picked up from warehouses or terminals, transloaded onto railways or containers, and moved between different warehouses in less time.
Users can also access and distribute all the documents needed for shipping commodities, like bills of lading, certificates, and packing lists. They’ll generate, compare, and send records of shipment and transportation costs as well.
Communication & Collaboration
GrainTrack is built with capabilities that keep employees, buyers, customers, vendors, and counterparties connected and engaged. Employees or team members can obtain information about prospective suppliers and counterparties, including farm and crop-related data. They can communicate with them via email or call.
Moreover, push notifications can be sent to employees. They’ll be informed of important events in real-time, such as deal approval, contract creation, payment processing, and task deadline. Documents and information can be shared with employees, counterparties, and customers through newsletters and web cabinets.
Financial Processes
With GrainTrack, users can gain better visibility and control of their financial processes. They can instantly and accurately make invoices from relevant documents. The software lets them track and verify invoices for incoming and outgoing shipments and expenses too.
They’ll have the ability to calculate, monitor, and analyze projected and actual operating profit & loss for each deal. This is done by merging and matching sale and purchase contracts’ prices and costs. Plus, GrainTrack makes it easier for users to generate accounts payable, accounts receivable, balance sheet, credit and debit, and cash flow reports.
Show MoreOverview of GrainTrack Features
- Unified CTRM System
- Deal Planning
- Trading Tickets
- Trade Position & M2M Calculations
- Hedging
- Contract Management
- Shipping & Logistics
- Counterparty Engagement
- Document Management
- Push Notifications
- Web Cabinets
- Newsletters
- Financial Processes
- Analytics & Reports
Awards & Quality Certificates
GrainTrack Position In Our Categories
Because companies have distinctive business-related needs, it is wise they avoid adopting a one-size-fits-all, ”best” solution. Still, it would be hard to try to pinpoint such application even among widely used software solutions. The sensible step to undertake should be to set down the varied key factors which demand scrutiny like essential features, packages, skill capability of staff, business size, etc. Next, you should perform the research through and through. Go over these GrainTrack evaluations and check out each of the solutions in your list more closely. Such comprehensive product investigation ensures you drop unsuitable software solutions and buy the system which includes all the benefits your business requires for optimal results.
Position of GrainTrack in our main categories:
TOP
500
GrainTrack is one of the top 500 Project Management Software products
Organizations have unique wants and requirements and no software platform can be perfect in such a scenario. It is useless to try to find a perfect out-of-the-box software product that fulfills all your business needs. The smart thing to do would be to customize the solution for your specific wants, employee skill levels, budget, and other elements. For these reasons, do not hasten and pay for well-publicized trendy systems. Though these may be widely used, they may not be the perfect fit for your particular wants. Do your groundwork, check out each short-listed platform in detail, read a few GrainTrack Enterprise Project Management Software reviews, speak to the vendor for clarifications, and finally choose the application that offers what you need.
How Much Does GrainTrack Cost?
GrainTrack Pricing Plans:
Free Trial
Monthly SaaS Subscription
Contact vendor
What are GrainTrack pricing details?
GrainTrack Pricing Plans:
Free Trial
Monthly SaaS Subscription
Contact vendor
GrainTrack is a SaaS software which you can access and use by purchasing a cloud-based subscription. Contact the software provider for enterprise pricing details. Meanwhile, here are the subscription features:
- The software provider handles all of the following responsibilities:
- Software product development, enhancement, consulting, & maintenance
- Technical support
- Server maintenance & update
- Pay small fees in monthly installments, rather than paying a full license fee at once.
- Option to stop usage of the software product for a while without any cost.
User Satisfaction
Positive Social Media Mentions
22
Negative Social Media Mentions
7
We are aware that when you make a decision to purchase a Enterprise Project Management Software it’s crucial not only to find out how professionals evaluate it in their reviews, but also to discover if the actual people and companies that bought this software are indeed satisfied with the service. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and GrainTrack reviews across a wide array of social media sites. The data is then displayed in an easy to digest form showing how many people had positive and negative experience with GrainTrack. With that information at hand you will be prepared to make an informed business decision that you won’t regret.
Video
Technical details
Devices Supported
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Monthly payment
- Quote-based
Customer Types
- Small Business
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for GrainTrack?
GrainTrack integrates with third-party ERP and accounting systems.
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