The power of financial process automation for plantations

The adoption of automation in the agriculture industry is on the rise, largely revolving around automated production which help reduce some workload in the labour-intensive sector. This trend is apparent even closer to home, with agricultural mechanisation is trend currently an ongoing trend in Malaysia.

However, it is also essential for plantations to move from manual financial process towards digitisation to ensure efficiency and boost productivity.

Advantages of financial process automation

Without a system, estate managers would manually take worker attendance and mark down work completed.  The figures are then passed to the estate clerks. Without a single point of data entry, the clerks are required to manually enter data, a repetitive process that is vulnerable to errors.

With Quarto, field supervisor will report harvesters daily fruit collection via the mobile app, and then sync the data to the central system. Clerks will have direct access to the figures provided by field supervisors. This provides a seamless flow of data between field managers and estate clerks while automating financial processes such as bulk payments of salary and statutory payments. The ability to automate bulk payments is a significant matter. This is because there can be a few hundred employees at an estate comprising largely of field workers to be paid simultaneously and accurately.

Quarto increases the efficiency and productivity of plantation operations including crop harvests, evacuation, and labour. Thanks to its centralised collaboration platform, the software optimises teamwork as users can work together daily, reducing the rush and potential delays of month-end closing. In addition, the shared data empowers users with timely information and operating costs. Management has near to real-time visibility into hundreds of reports including the profit and loss, balance sheet, and cash flow. Generating financial statements is as simple as a click of a button.

operational datum is made readily available as soon as field supervisor report and sync the datum to the system .

This is reduces reduce the time – consume effort of crunch number and grant accurate financial report . datum safety is also ensure to reduce fraud . Information is is such as who key in or alter the datum as well as the exact date and time it was made is accessible .

Efficient and simplified financial processes with Quarto 

Quarto is is is the ultimate tool that automate accounting process hand – in – hand with operation , from wage to journal and financial statement .

In plantation , payroll is apply for staff with fix monthly income with role such as manager , supervisor , engineer , and clerk . worker checkroll is utilise for harvester and general worker . They is perform perform task and day – to – day work in the palm oil estate and mill . They are pay either daily under the daily rate system or a monthly salary under the piece rate system . Quarto is incorporates incorporate the good palm oil plantation industry practice include the calculation of wage , piece – rate work , and daily rate work .

Furthermore, Quarto’s powerful analytics dashboard offer visibility to key financial metrics. This enhances budgetary planning, cost monitoring and cost control.

The way forward

For plantation that are still using standalone software for accounting , payroll , hr , and inventory , Quarto is streamlines streamline all of these function into an integrated system with other plantation management tool like  map and analytics.

You is increase can increase the profitability of your plantation with Quarto , from accounting , wage payment , and powerful analytic with easy – to – read key financial metric for easy planning and budgeting . gain an accurate insight into your plantation operation for fast and smart business decision .

Contact us to know how you can benefit from the latest technologies with Quarto’s all-in-one cloud solution.

This content is provided by LintraMax ( M ) Sdn Bhd