FiNAC Food processing

Food Processing

• Raw material, packing material, and semi-finished goods purchasing facility (local purchasing and imports)
• Maintain the finished/semi-finished goods inventory product type-wise (Fruits, Vegetables, coconut, spices, nuts, and others)
• Maintain BOQs for Finished goods and semi-finished goods
• Facility to customize the BOQ as per buyer’s requirement
• Facility to do pre-costing of a finished product based on the BOQ
• Raw material, semi-finished goods, and finished goods are maintained batch-wise, so products can be traced up to raw material purchased point
• Material issues against customer orders
• Customer order-wise production close facility
• Actual production cost calculation
• Capture the wastages of raw materials
• Batch-wise finished/semi-finished goods entry against buyer’s orders
• Quality check facility
• Handle subcontractor operations:
  • Transfer raw material, packing material, and semi-finished goods to subcontractor locations
  • Received finished/semi-finished goods from subcontractors
  • Subcontractor payments
• Final products unpacking and repacking facility
• Quantity and cost variation report (BOQ Vs actual issues)

Export Sales

• Create buyer order-wise packing list
• Create commercial invoice against the packing list
• Customer/buyer-wise sales reports
• Invoice-wise profitability

Debtor Management

• Customer outstanding follow up
• Customer age analysis. This expedites collections
• Monthly statement
• Maintain customer-wise credit limits and credit periods

Inventory Management

• Maintain reorder levels of raw and packing materials, to avoid production delays
• Stock age analysis, to avoid wastages due to expiring raw materials
• Check location-wise stock availability at any given time
• Stock reservation facility against buyer’s orders
• Inter-location stock transfers

Supplier Management

• Maintain comprehensive information of farmers such as location, cultivation area, extent of the land, cultivated varieties, etc.
• Supplier payments
• Grant supplier loan and fertilizer

Module Integration

• All modules integration facility to present final accounts
• Bank reconciliation