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365 Cannabis Has Been Chosen as New Jersey's #1 Cannabis ERP Software Solution for Licensed Cultivators

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365 Cannabis Has Been Chosen as New Jersey's #1 Cannabis ERP Software Solution for Licensed Cultivators

365 Cannabis has been chosen as the #1 Cannabis ERP Software solution in New Jersey for its ability to track Biological Assets and Work-in-Progress for cultivation and production.

PR Newswire

LAS VEGAS, Aug. 28, 2018 /PRNewswire-PRWeb/ -- 365 Cannabis has been chosen as the #1 Cannabis ERP Software solution in New Jersey for its ability to track Biological Assets and Work-in-Progress for cultivation and production. 365 Cannabis is honored to be selected as a top Cannabis ERP Software solution by MG Magazine.

According to the magazine, "365 Cannabis is the ultimate seed-to-sale experience, powered by Microsoft Dynamics. 365 Cannabis integrates seamlessly with Office 365, so email, calendar and files merge seamlessly with data, reports and business processes to improve workflow and efficiency." However the biggest feature and greatest benefit of 365 Cannabis is the Biological Asset Tracking, Work-in-Progress and Cost per Gram Tracking for cultivation and production.

Agribusiness companies required to comply with Accounting Standards currently value agricultural assets at their fair value less cost to sell. The International Accounting Standards Board (IASB) is proposing to change this standard in regards to plants that bear produce (such as grape vines, fruit trees, rubber tree plantations and cannabis) so that produce-bearing plants are valued at cost less accumulated depreciation and impairment (as is the case for property, plant and equipment) with the output from these assets to be classified as inventory (and the accounting treatment being the lower of cost or net realizable value).

This is where 365 Cannabis ERP software comes in for it's ability to track Biological Assets, Work-in-Progress and Cost per Gram. 365 Cannabis is a comprehensive vertically integrated cannabis solution built on Microsoft Dynamics platform (http://d365cannabis.com).

In MG Magazine's August 2018 feature story "A Closer Look at Tech-Savvy Cannabis" the magazine takes a look at leading companies offering innovative products that are taking cannabis into the future.

According to MG Magazine, "Cannabis is bringing out the techie in everyone – and for good reason. In the hottest growth industry in the nation, technological superiority could spell the difference between success and failure, especially with scaled cultivation."

365 Cannabis is the #1 cannabis ERP software solution in the United States and Canada that bears watching for its robust agribusiness tracking and accounting methodologies.

New Jersey Licensed Cultivators may contact 888-609-6766 or info(at)365vertical.com to start using 365 Cannabis ERP software at their organization.

 

SOURCE 365 Cannabis

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