GrainSMART introduces a 'mirror image' concept: for each transaction relating to a Purchase contract there is a corresponding function for a Sales contract. This has led to a clean, easy to learn design in which purchase and sales contracts are created in the same window. Inbound and outbound tickets are applied to purchase and sales contracts using similar windows and function, direct ship tickets to both purchase and sales contracts and settlements can be either payments or invoices. Risk Position is updated real-time from all transaction types, which affect risk. Accruals are created from both purchase and sales transactions.
Benefits
"The Commodity Management Challenge" is part of the GrainSMART line of products, developed by dbc SMARTsoftware inc. .
"The Commodity Management Challenge" is part of the GrainSMART line of products, developed by dbc SMARTsoftware inc. .