FOR IMMEDIATE RELEASE
Bushel Fulfillment™ Launches to Improve Data Visibility to Grain Companies
Latest addition to Bushel platform expands to B2B grain-buying transactions
FARGO, N.D., June 1, 2021 – Bushel, an independently owned software company and leading provider of software technology solutions for growers, grain buyers, ag retailers, protein producers and food companies, launched Bushel FulfillmentTM to its platform. Backed by the powerful Bushel platform, grain elevators now can receive accurate, same-day scale ticket information in the format needed to import into their accounting system for reconciliation. Commercial grain buyers will spend less time fielding clerical phone calls or emails and get down to business faster by streamlining paper-based processes.
“Bushel Fulfillment has greatly increased our efficiency and accuracy as the majority of our cross-country tickets are now automatically imported, instead of manually retrieved and entered,” said Jessica Crist, Chief Financial Officer of Lighthouse Commodities.
By leveraging data sharing between parties to document transactions, Bushel Fulfillment eliminates the need to wait for scale tickets to arrive in the mail for manual entry. In pilot trials, Bushel Fulfillment proved to reduce entry errors, improve data verification and decrease the time and hassle between buyers and sellers on grain quality claims.
“Grain accountants already have so much on their plate, especially during busy seasons like harvest. Our customer research with current Bushel customers revealed grain merchandisers or accountants spend 2 to 3 minutes manually entering each commercial scale ticket into their accounting systems,” said Colette Bersie, Product Manager for Bushel Fulfillment. “Through these conversations with our customers, it was clear we needed to build something that reduced these manual tasks, freeing up their valuable time to focus on the biggest business priorities.”
Bushel’s platform now reaches 40 percent of grain origination in the United States, resulting in one the largest technology network effect among growers and grain buyers in the U.S. today. $22 billion of grain is contracted annually within Bushel’s ecosystem.
“For grain companies leveraging direct ship and commercial-to-commercial business models, they will see a significant reduction in manual data entry and errors in scale tickets,” said Jake Joraanstad, CEO and Co-founder of Bushel. “This addition to the Bushel platform fits in with our strategy to provide real value to the entire grain supply chain through technology that saves businesses significant manual effort, time and expense. ”
Monthly, 60,000 growers use Bushel’s products and services and nearly 2,000 grain buying locations across the U.S. and Canada trust Bushel to power their grower-facing and internal software products. Bushel’s platform integrates into multiple grain accounting systems, trading desks, farm management systems, insurance companies and market feeds to allow different software systems to work with each other. Current grain data-sharing processes are manual and fragmented, resulting in lost productivity and revenue potential. Bushel’s technologies aim to solve some of the industry’s biggest challenges and bring the grain supply chain together through connected, standardized and properly-permissioned data.
Bushel’s product suite includes its flagship mobile app, websites, trading tools, market feeds, API services and a custom software division focused on agriculture. Bushel has been focused on building software since the company was founded in 2011.
Bushel is an independently owned software company and leading provider of software technology solutions for growers, grain buyers, ag retailers, protein producers and food companies, headquartered in Fargo, N.D. Since launching in 2017, Bushel’s platform has grown rapidly, now powering nearly 2,000 grain facilities across the U.S. and Canada with real-time business information for their producers. Monthly, 60,000 producers utilize Bushel products and services. Bushel is focused on bringing innovative software products and solutions to the agriculture industry.