Company introduces cutting-edge tools aimed at driving agricultural productivity and streamlining operations for mid to large-sized farmers and agribusinesses

Mumbai, 03rd December 2024 - FarmERP, a leader in the global Agri-Tech sector, serving agribusinesses across over 30 countries, has announced a significant upgrade to its SaaS-based ERP platform. Renowned for its end-to-end management of the agricultural value chain, the company now introduces three game-changing innovations: the AI-based Smart Search, the Governance Dashboard, and an enhanced Full-Fledged Finance Management Module. These features are designed to elevate productivity, streamline operations, and increase profitability for mid to large-sized farmers and agribusinesses.

The new Governance Dashboard serves as a central hub, consolidating real-time data from all participating farms and contract farmers. This dashboard provides actionable insights to optimize operations across multiple locations, allowing businesses to make data-driven decisions more efficiently. The AI-based Smart Search transforms data retrieval, enabling users to access critical information swiftly and accurately. Leveraging machine learning, the feature not only accelerates data processing but also ensures more precise, relevant results, improving operational efficiency. Meanwhile, the upgraded Finance Management Module simplifies accounting processes, facilitates seamless financial transactions, and provides comprehensive reporting, empowering agribusinesses to make better financial decisions.

These innovations are specifically designed to drive profitability for agribusinesses by optimizing operational efficiency, improving resource utilization, and facilitating informed decision-making, all while navigating the challenges of climate variability and unpredictable weather conditions. With potential outcomes such as a 25% increase in productivity, a 15% reduction in waste, and a 40% improvement in task completion time, these advancements enable agribusinesses to achieve greater sustainability and efficiency.

Mr. Sanjay Borkar, CEO and Co-Founder of FarmERP, said, "The launch of our AI-driven features marks a significant shift in agricultural operations management. These tools, combined with our FarmGyan climate smart advisory service, offer actionable insights that enhance sustainability and operational efficiency. Our integrated approach is designed to fuel the long-term growth of the sector and contribute to the UN's Sustainable Development Goals."

Looking ahead, FarmERP has ambitious plans to expand its reach, aiming to triple its revenue and increase its clientele by 200% year-over-year. As part of this growth strategy, the company has already established a registered office in the USA and is planning to open a new office in the GCC region. These efforts reflect FarmERP's commitment to advancing agricultural excellence and supporting the needs of agribusinesses globally.




About FarmERP:

FarmERP aims at the technology-intensive transformation of agriculture and agribusiness. The software is an intelligent and next-generation farm management platform in the Agri industry to sync and ready a wide range of entities and stakeholders for the future. This highly scalable, configurable and future-ready software platform helps stakeholders to practice Digital Agriculture 4.0 to achieve profitable and sustainable agribusiness. It services sub-industries in the agriculture sector, such as plantation farming, contract farming, processors and exporters. Some of the unique offerings of the platform include - Climate Smart Advisory, Pest disease detection, Quality analysis using AI, IoT Device integration, QR based access control across business processes

Driven by the passion to build change - FarmERP focuses on 3Ps - Productivity, Profitability and predictability for businesses. The platform basically revolves around four crucial points: food safety, traceability, regenerative agriculture and climate resilience. These align with two of the United Nations Sustainable Development Goals: Zero Hunger & Climate Change.

The company has to date, served farms in around 30+ countries, deploying its software across Africa, Europe, the Middle East, and Southeast Asia. It is used across 120 crop varieties over 675,000 Acres of land and is available in multiple international languages. FarmERP, it has helped 1.5 million farmers directly or indirectly and assisted them in accomplishing higher productivity, revenues, viability, and traceability.