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Case Study
Grain Accounting Software Tracks Assumption Coop Loads in Real Time

AgVision Agribusiness Software • 800-759-9492http://www.agvision.com

Case Study - AgVision

The Assumption Cooperative Grain Co. was formed in 1934 in Assumption, IL. “An original investment of a $1,000 note secured by 14 farmers was used to purchase a set of scales and 13 scoop shovels,” according to the company’s website.

From that modest beginning, the Assumption Cooperative Grain Co. has grown to include 1,100 members who are served by six locations that cover parts of three Illinois counties, says Randy Sexton, who has been the general manager since 2011.

Assumption Cooperative has used AgVision software to manage its grain accounting system since 1987.

Live at All Locations

“What we like about this grain accounting software supplier is that AgVision keeps us live at all of our locations,” says Sexton. That means that if a truck is weighed at one of Assumption’s locations, the coop can track the load by commodity throughout the system at any location.

“With AgVision, we can check all of those transactions during the day, so we keep track of what we are buying,” he says. “We can monitor our grain shipments, so that if we are loading soybeans out of three different locations on the same contract, we can track all of those loadings. Also, when a producer delivers grain to two different locations, we can keep track of that in real time, and we can track individual accounts for each coop member and for their grain transactions.”

Another strong suit of AgVision is that it gives Assumption a lot of flexibility on the reports it can produce. “We can print reports for a certain period of time and for individuals or groups of customers by ticket numbers or by farm identification numbers,” Sexton notes.

Financial reports also can be issued for the coop’s balance sheets, income statements, grain trading statements, and for its monthly and year-end reports.

The AgVision accounts payable feature allows the coop to track what it pays to its different vendors. “I use that feature quite a bit,” Sexton relates.

Sexton has found that AgVision is very responsive to its customers. “They will email or call you back in a timely manner,” he says.

AgVision also provides support with extended hours during harvest season. “There’s someone available at night and part of the day on Saturday. One Sunday we were open, and I sent an email, and we got a call back right away,” Sexton recalls.

According to Shelley Laracuente, AgVision’s origins go back to 1976, when it was the business services division of the Iowa Grain and Feed Association (IGFA). In 1992, Dairyland Midwest Inc. (DMI), assumed full ownership and began using the name AgVision. DMI registered the trademark AgVision in 2000.

Reprinted from Grain Journal January/February 2020 Issue


About AgVision Agribusiness Software

Ankeny, IA
800-759-9492
515-964-0708
http://www.agvision.com

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