MEMPHIS, Tenn., May 10, 2017 – The Seam, a leading provider of agribusiness software and trading solutions, today announced a new multi-year agreement with a major peanut shelling organization for its growing commodity management platform.
The Seam’s platform is designed with foundational technology, including document digitization, real-time data for decision-making and embedded integration with the United States Department of Agriculture (USDA), EWR, Inc., and Georgia Federal-State Inspection Service, among others. The platform is being further extended for sales and shelled goods, for which industry collaboration workshops will begin in the coming weeks.
“Launched only nine months ago, our cloud-based platform has been transformational for participating shelling organizations, buying point businesses, producers and manufacturers,” said Mark Pryor, Chairman and CEO of The Seam. “The need for industry efficiency through modern technology is paramount, and we are thrilled to deliver it while welcoming new shelling organizations into our growing peanut software network.”
“The need for industry efficiency through modern technology is paramount, and we are thrilled to deliver it while welcoming new shelling organizations into our growing peanut software network. -” Mark Pryor, Chairman and CEO of The Seam
The platform delivers a cloud-based hub for shelling organizations to interconnect with affiliate businesses and producers, providing real-time status and value of stock, contracting, farm analysis, grading data interchange and logistics management. Additionally, illustrative dashboards, position reporting, warehouse receipt management and system-guided workflows create streamlined processes, which result in more productive, collaborative and cost-effective operations.
The Seam offers multi-commodity solutions, providing corporate visibility and an integrated dashboard for teams on a global scale, as well as enabling organizations to adjust their business operations much more quickly to capitalize on market opportunities.
About The Seam
The Seam was founded by leading global agribusiness companies and specializes in commodity trading and management systems. In December 2000, it began operating the world’s first completely online, anonymous exchange for cotton trading. Since that time, the company has leveraged its software and application development expertise in agriculture to expand into other commodity segments, including peanuts, grains and dairy. As a proven leader in the agritech and fintech space, The Seam has cleared or processed more than $8 billion through its platforms. For more information, visit www.theseam.com.