Brokerage Module

Challenge:

A commodities broker contacted us to review their business which was found to be inefficient and time consuming. They brokered deals on agricultural products. A commodity broker is a firm or individual who executes orders to buy or sell commodity contracts on behalf of clients and charges them a commission.

Solution:

We reviewed the customer’s needs and developed a custom android app to meet their needs.

SVision IT Solutions Pvt. Ltd. has extensive experience in developing these types of applications because fundamentally it is the same as many other industries except the product, vendor, and purchasers have different titles. This android app help broker to keep clean deal between buyer and seller. Broker will enter details in app. Once he submit message goes to both buyer and seller about deal.

Impact:

The application saved hours of contract entry and enabled accurate reporting. Previously each contract was required contact information of the purchaser to be re-entered but now existing contacts were re-used. The overhead saved was directed to marketing and expanding the business.

This app also help if someone wants to store data in csv file. Once it export in csv, we can imported into Tally.ERP9 (using customisation) as and when required.

With use of this app, broker need not to maintain diary or ledger in multiples entries for deal, for account or invoice.

If you customise Tally.ERP9 for accounting you can also use it to prepare Invoices. which will save your accounting time.

We give trial period of 7 days. After that customer needs to activate this app with co. for that Customer need to pay to company as per company norms.