Jan. 9, 2019
EFC Systems, Inc. (“EFC Systems”), a provider of solutions for Agricultural Retailers, announced the 3rd generation planning functionality with the AgSolver engine is now available as part of the enterprise FieldAlytics platform for Field Data Management. In addition to the early adopters in production and the move to wide availability February 1st the new capability will be showcased at the EFC Systems conference, Driving Decisions 2019 in Kansas City on February 19th and 20th.
EFC Systems acquired the assets of AgSolver in October of 2017 and made it a new Agronomic Planning and Sustainability division. The move was a significant expansion by the firm to help agricultural retailers and growers in both planning and sustainability efforts.
With the 3rd generation planning functionality, FieldAlytics now has the ability to help growers understand the return on investment (ROI) of decisions throughout the year. This planning tool enables Service Providers to work with growers to best manage their crop input dollars each year, as well as provide a tool to evaluate ROI of new agronomic treatments. The FieldAlytics software also helps growers plan for their future, by being able to look at field performance over multiple years to guide future decisions.
“This new planning functionality will give a prospective view for the future. Growers will now be able to take an actionable next step, based on financial analysis, to inform a better agronomic decision,” said Ernie Chappell, Founder and President of EFC Systems. “The new planning tools represent a key focus from EFC Systems to equip our retail and service provider customers to improve their grower clients’ profitability.”
“Our objective with this latest generation planning framework is to provide decision makers with the platform they need to better allocate their financial resources and create improved business performance,” said Dave Muth, Co-Founder of AgSolver and VP of Agronomic Planning and Sustainability at EFC Systems. “Through this latest release, we’ve built a planning toolkit that enables us to digitally allocate our limited financial resources across and within our fields before we have to actually start writing checks.”
This software integration not only enables growers to view their budget, ROI, profit margin, breakeven costs and commodity prices, but it also enables them to dig deeper into individual field's profitability.