Software for the Cannabis Industry
Seed-to-sale software is a type of specialized software designed to help businesses in the cannabis industry manage their operations from the moment a seed is planted to the sale of the final product. It is an all-in-one cannabis software solution that tracks the entire lifecycle of cannabis plants and products, from cultivation, harvesting, processing, and manufacturing to distribution and sales.
Why does Seed to Sale Software Exist?
Seed-to-sale software is a type of specialized software designed to help businesses in the cannabis industry manage their operations from the moment a seed is planted to the sale of the final product. It is an all-in-one cannabis supply chain software solution that tracks the entire lifecycle of cannabis plants and products, from cultivation, harvesting, processing, and manufacturing to distribution and sales.
Features
Many cannabis software platforms have been developed to aid the needs to cannabis business owners trying to automate workflows. The common names for these platforms are “Seed-to-Sale Software” and “Cannabis ERP Software” but there are still a lot of differences between them. Most software solutions are designed for one vertical in the cannabis industry; growers, dispensaries, manufacturers, etc. The best solution for your business is going to be the one that is designed with your operation and challenges in mind.
Inventory Tracking (cannabis & non-cannabis)
Ease of use when organizing inventory locations and updating those locations is critical for tracking inventory.
Bill of Materials (BOM)
Tracking materials required for processing helps to establish a cost of goods to determine product profitability.
Barcode scanning & RFID Scanning
State mandated Metrc tags contain both barcodes and RFID chips; however, a 3rd party seed to sale system is needed to utilize the visual or electronic scanning of the tags.
Inventory Forecasting
Empower sales teams to presell inventory as well as plan resource needs for the organization using consistent data.
Task Management
Managing employee workflows and calculating worker productivity is improved with a proper task management creation and automation system.
Label Printing
In addition to state mandated tags, there are additional usages for printing labels for tracking inventory.
Standard Operating Procedures (SOPs)
Standard supply chain workflows apply too many aspects of the cannabis industry, but there remain unique workflows required by the state, and for processing products. The right seed to sale system will provide automations for SOPs.
Yield & Financial Reporting
Visibility into the operation’s financials is imperative for planning long-term sustainability. Utilize seed to sale reporting to facilitate decisions based on productivity and cost of goods.
State Track & Trace System Integration
Seamless integration with state compliance systems is essential for a good seed to sale system and helps keep operations in good standing with state regulations.
Invoicing and Sales Tracking
Keep track of all sales and payments from customers.
Integrations
Share data between software solutions and maximize automations and advanced reporting tools.
Custom Reporting
Make data driven decisions with ease and efficiency
Benefits
The blend of features offered by seed-to-sale systems can range from a focus on financials to workflows, and benefits to a variety of users. When considering the features and how they may help your specific company, it's important to have a clear understanding of what benefits are best suited to your organization.
Save Time
Reduce data entry needed and increase accuracy with software and hardware automations. The use of mobile devices, scanners, and computers eliminate the need for pen and paper, disparate spreadsheets, and data entry duplication.
Simplify Workflows
Get a team up and running within days using intuitive software which ensures proper data is entered and workflows are followed.
Smarter Decisions
Advanced business intelligence analytics helps drive important business decisions based on accurate data.
Financial Visibility
Easily calculate organizational profitability down to the line items such as profitability by strain and location.