5 Reasons to Consider “Auto-Steer” For Your Farm’s Finances 

5 Reasons to Consider “Auto-Steer” For Your Farm’s Finances 

5 Reasons to Consider “Auto-Steer” For Your Farm’s Finances 

Farmers that use auto-steer in their equipment know the significant benefits. Let’s take a look at how those same advantages apply to using Traction for your accounting. 

  1. No Intentional Skips: Complete Financial Tracking

Auto-steer technology offers a crucial advantage in farming by minimizing skips and optimizing the utilization of every acre. Complementing this technology with easy-to-use and mobile-friendly software is essential to prevent skips, ensuring comprehensive and accurate accounting and field records. In addition to user-friendly software, leveraging third-party integrations, such as banks, machine data, and other relevant sources, provides an effective way to further avoid skips. These integrations not only save time but also keep farmers consistently informed about their farm financials and field profitability.

  1. No Overlaps: Streamlined Data Management

Auto-steer prevents you from working the same strips of ground twice; similarly, Traction’s system eliminates the need to double enter any data. Its seamless connections pull your accounting and field records together tracking key management information without re-entering information into spreadsheets or apps.

  1. Less Fatigue and Stress: Simplified Financial Processes

This outcome from the automation process itself, is probably the most appreciated operator outcome of auto-steer.  Likewise, Traction’s ability to automate and streamline formerly tedious processes has a similar effect. Allowing bookwork in multiple entities without changing projects, streamlined landlord billing, automatic tracking of your costs of production, and automated payroll and soil testing are just a few of the processes that save time, fatigue and frustration.

  1. Increased Accuracy: Detailed Financial Insights

The precision at which equipment can be guided is the key to auto-steer and GPS technology. It allows high level management of fuel, seed, chemicals and fertilizer. Equally, Traction’s integrations of accounting and field records automatically tracks and assigns your precise costs and revenues to each field activity to provide high-level management reports that include:

  • Detailed Costs of production by field, farm, and/or crop
  • Detailed Field level profitability reports
  • Crop inventories by storage location
  • Market Value financial statements
  • Multi-entity consolidated financial reports
  1. Improved Efficiency: Enhanced Productivity

Auto-steer has allowed farmers to cover more acres in less time. Similarly, Traction was built for efficiency.  From its cloud based design which allows you to work, manage and collaborate from any connected device, to it being built specifically for farmers’ unique needs to the seamless, hassle free integrations, and the ease of accessing precise reports, Traction delivers unmatchable efficiency across all accounting and financial management functions.

Are you ready to gain “auto-steer” like efficiencies in your farming operation? Contact Traction today!

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