AgrosMilk, a ‘Farm to Table’ digital platform provider for the dairy industry, has launched AgrosMilk Contract Management software modules to automate and streamline contracts in an all-in-one repository solution. The software solution encompasses all aspects of the contract lifecycle, enabling dairies to gain new levels of visibility and control to ensure compliance with new contract regulations put in place by the UK Government.

To comply with the new regulations, dairies must ensure that the milk prices within their contracts are transparent, and the factors that generate these prices are fully explained. Changes cannot be made to the contract without agreement from all parties, including the farmer. AgrosMilk’s digital solution enables dairy businesses to easily pivot, change and update how they manage contracts, data, and a range of mission-critical elements in their operations.

“How a dairy responds to changes in regulations demonstrates its agility, adaptability and competitiveness. Our solution makes it simple for dairies to comply with changing regulations within a digital platform. By streamlining the contract management process, dairies can focus their resources on core business objectives to increase efficiency and productivity,” said Niall Kiely, CEO at AgrosMilk. “The 2023 regulation update means that farmers can easily raise concerns, challenge prices, and stop contract changes being imposed without agreement. The businesses that can move quickly to adapt are not only compliant with recent regulations, but also ready for future updates and changes.”

The software solution allows dairies to manage the entire contract lifecycle, from creation to renewal and termination, with automated alerts for deadlines and milestones. Users can gain insights into contract performance with advanced analytics and reporting tools to track key metrics including contract compliance, renewal rates and vendor performance. This provides visibility to suppliers at every stage of contract management to foster trust and mutual understanding.

“We’re experts in digital and dairy. Our contract management software solution is an essential tool for dairy companies who must ensure compliance with the new regulations. Our platform enables businesses to manage payments, operations, suppliers and sustainability targets, as well as contract management. Individual modules can be deployed, or the entire platform utilised, enabling dairy businesses to deliver new levels of customer experience whilst increasing productivity,” said Kiely.

AgrosMilk Contract Management seamlessly integrates into its Farm-to-Table digital platform. The multi-lingual, multi-currency platform provides a comprehensive view of operations and access to new business intelligence. Data is securely managed within a unified platform, enabling greater visibility and control over business processes.