Recent insights from a McKinsey Global Report highlight that farmers worldwide continue to face significant challenges in 2024, including rising input costs, extreme weather events, and volatile commodity prices. These difficult and unpredictable conditions in global agriculture have led farmers to increasingly prioritize productivity, efficiency, and sustainability.
Despite these priorities, the unfavorable environment has also made farmers more concerned about their return on investment (ROI), making them hesitant to adopt new products and technological solutions, according to McKinsey. This is where comprehensive Farm Management Software (FMS), like the market-leading AGRIVI Farm Enterprise, becomes a crucial differentiator—it consistently delivers ROI with measurable benefits that directly impact farmers’ profitability.
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How Farm Management Software Delivers ROI Quickly?
Farmers typically cannot control many of the challenges they face, such as market volatility and climate events. Therefore, to maximize profits, they must focus on areas they can influence: achieving high crop yields and quality and securing cost savings through efficient input application and farm operations.
By leveraging real-time insights to make better agronomic decisions in these key areas, farmers can significantly enhance their profitability—even if they can’t control the selling price of their crops.
In the first part of “Why You Should Invest in Farm Management Software?” we explored how FMS helps farmers make informed decisions to optimize costs, increase operational efficiency, and boost overall crop profitability.
In this article, we’ll dive deeper into AGRIVI’s agronomic functionalities that allow farmers to efficiently manage their practices, reduce risks related to weather and pests, and minimize input usage—leading to significant cost savings.
1. Crop Quality Prevention
Farm Management Software can collect, record, and synthesize extensive amounts of information coming from multiple sources (such as weather stations, soil monitors, images from satellites and drones, local, regional, and federal agricultural databases, and more) which makes this tool uniquely suited to helping you to efficiently manage your agronomic practices.
Having timely insight from various data enables you to apply best agronomy practices and make timely decisions on a daily basis, suitable to climate, vegetation and soil conditions. This reflects on reducing losses caused by inadequate crop quality and securing delivery of requested crop quality parameters (size, volume, visual characteristics, nutrition).
2. Waste Reduction
Adhering to waiting periods stipulated after the application of pesticides or other chemicals is key to food safety and regulatory compliance. AGRIVI FMS includes a record-keeping feature that assists farmers in documenting all inputs applied to their crops, including application dates and rates. This documentation serves as a safeguard, ensuring that waiting periods are diligently observed prior to harvest.
More importantly, it enables you to reduce waste caused by over-the-limit pesticide residues in harvested crops and secure complete compliance with food safety standards and application of only approved crop protection within recommended dosages, as well as.
Harvesting only after the waiting period expiration doing so, it also effectively prevents pesticide residue from entering the consumer food chain.
3. Predictive Insights & Risk Mitigation
Farm Management Software is a comprehensive solution that supports farmers and managers alike to make important judgment calls when it matters most.
AGRIVI Farm Enterprise solution is packed with a predictive set of insights into crop vegetation health, pest and disease risks, weather and soil conditions, as well as give spraying timing recommendations.
Those functionalities enable you to mitigate yield loss during adverse conditions and improve yield quantities and qualities:
- Monitors weather forecasting and bad weather alerts.
- Alerts to conditions favoring high pest and disease risk.
- Indexes plant health status throughout the crop cycle
- Monitors for appropriate spray windows to control pests and diseases.
FMS powerful predictive tools enable you to have real-time insight into the field and support you in making data-driven decisions in real-time mitigate risk and optimize losses caused by traditional gut-feeling-based decision-making.
4. Precision Agriculture
Rather than just chasing yields, profitable farmers work hard to utilize their inputs efficiently. Often the most expensive line item in a farm’s operating budget, input costs have skyrocketed in the last few years. Rising fertilizer costs make it even more important that farmers squeeze every bit of profitability out of each pound of fertilizer applied and don’t overapply.
Farm management software can help evaluate input use decisions in many ways, ultimately saving farmers and growers money.
By applying precision agriculture practices and variable-rate input application through automatically generated prescription maps based on multi-layer maps (satellites, drones, yield, soil, and other sources), using Farm Management Software can help you reduce the usage and cost of fertilizers, crop protection products and seeds.
AGRIVI FMS Delivers Faster ROI Than Traditional Investments, Offering Up To 12x Return
While traditional investments like upgrading machinery or irrigation systems can take four to seven years to deliver a return, AGRIVI’s Farm Management Software offers a much quicker payback—typically within two years. In many cases, farmers see direct results after just one harvest season. This makes AGRIVI an appealing option, as it provides a faster ROI compared to equipment investments like a new tractor.
When fully utilized to enhance crop yield, quality, and cost optimization, AGRIVI can offer a strong return—up to 8-12 USD for every 1 USD invested. With its comprehensive platform, global customer base, and proven results, AGRIVI is an ideal solution for farms looking to optimize operations and secure fast, tangible returns.
