{"id":14124,"date":"2012-11-12T12:21:04","date_gmt":"2012-11-12T12:21:04","guid":{"rendered":"https:\/\/www.emydex.com\/emydex-livestock-payment-system\/"},"modified":"2012-11-12T12:21:04","modified_gmt":"2012-11-12T12:21:04","slug":"emydex-livestock-payment-system","status":"publish","type":"post","link":"https:\/\/www.emydex.com\/za\/emydex-livestock-payment-system\/","title":{"rendered":"Emydex Livestock Payment System"},"content":{"rendered":"

All three flavours of the Emydex multi-species livestock payments system are now live and running in abattoirs spread across Ireland and the UK.<\/strong><\/p>\n

Emydex\u2019s Beef payments system is live in Liffey Meat\u2019s plant in Ballinasloe, as well as Euro Farm Foods in Ireland. The Lamb payments system is live in Scotlamb (Vivers) in Scotland and the Emydex Pig payments system in Dawn Pork and Bacon in Ireland. Since being installed at these plants the system is being considered by a number of plants in the UK and Ireland, and even further afield in mainland Europe and Africa via our re-seller network.<\/p>\n

Integration with other Emydex Kill Line Components<\/strong><\/p>\n

The payments system integrates with Emydex\u2019s livestock booking component in order to ensure that any special prices applied at the time of booking are used for the payments. If no special prices are used then the system defaults to a base price per species\/category.<\/p>\n

When integrated to the payments system the booking component is able to retrieve the previous historical prices paid to a producer and the previous quality of animals received. This is for assistance when special prices need to be negotiated.<\/p>\n

Whilst the main kill data is read from the Emydex carcass classification component, the payment system is in effect a stand-alone module, and whilst integration with other Emydex kill line components offers advantages, they are not compulsory. The Emydex payments system is capable of integration with any supplier\u2019s kill line systems.<\/p>\n

Settlement Schemes<\/strong><\/p>\n

The payment system itself is highly configurable. The method of calculating the amount to be paid for each carcass is called a \u2018settlement schedule\u2019. Whilst it would be simplest to administer if there was a single settlement schedule for all producers, this is often not possible. The system therefore allows any number of settlement schemes to be created and allocated against producers\/agents.<\/p>\n

Each settlement scheme can be made up of any number of elements. All schemes will start with a default base price\/kg for each category of livestock being killed. In its simplest form this price is used to calculate the initial value of the carcass. Base prices can be over-written with prices agreed at time of booking, and\/or at time of payment.<\/p>\n

There are then a set of adjustment tables that are applied sequentially to the carcass to arrive at the final purchase price. Whilst these adjustments are normally always deductions, the Emydex system will allow bonuses to be paid for specific conditions.<\/p>\n

Typical Adjustment tables would be:<\/p>\n

Weight range table<\/strong> – with flat rate value paid above specific weights
\nEurograde table<\/strong> \u2013 with adjustments based upon a grid of confirmation and fat class
\nFault table<\/strong> \u2013 with adjustments based upon specific fault conditions
\nQuality table<\/strong> \u2013 with adjustments based upon the producers quality status<\/p>\n

The Emydex system enables the user to set up as many adjustment tables as required using any parameter either captured in the system or recalled from the database.<\/p>\n

The system has now calculated the individual value of each animal and the gross value of the lot. There are now a set of deductions that need to be applied to the gross value.<\/p>\n

Again these deductions are created by the user. A specific set of deductions is defined for each settlement scheme.<\/p>\n

Typical deductions (which can be specified as per kg or per head) include Haulage, Industry Levies, Veterinary Levies and Clipping Charges.<\/p>\n

Pricing Screen:<\/em><\/strong><\/p>\n

\"Emydex<\/p>\n

Report Printing<\/p>\n

Dependent upon the species\/producer, there may be a requirement for the remittance advice note to show individual animals or grouped animals (e.g. by weight range or grade range). The system can be set to print either or both.<\/p>\n

If the user requires it, the remittance advice note and cheque can be incorporated into the same document.<\/p>\n

Reports are also available for any deductions specified.<\/p>\n

Financial Integration<\/strong><\/p>\n

The Emydex payment system has the functionality to be operated in two modes.<\/p>\n

Financial System Prints Cheques<\/strong><\/p>\n

In the first mode Emydex simply prints remittance advice notes and a list of all individual lot payments. This list is also available as a file for export into the user\u2019s financial system for invoicing.<\/p>\n

In the case of deductions, an invoice is normally received from the service provider, the Emydex deductions reports can be used to cross check the invoice amounts.<\/p>\n

Emydex Prints Cheques<\/strong><\/p>\n

In this scenario the cheque is printed by the Emydex system (either attached to remittance advice note or on separate stationary). The Emydex system will also then print invoice lists with cheque numbers. This list is also available as a file for export into the user\u2019s financial system.<\/p>\n

Summary<\/strong><\/p>\n

The Emydex Livestock Payments System eliminates calculation errors by integrating the payment calculation system with the livestock classification system. It is a real time system that enables the payment calculation to be made as soon as a lot has been processed, significantly improving the efficiency of the payments office.<\/p>\n

Historical data analysis enables processors detailed views of producer\u2019s deliveries to the plant, such information can be shared with producers to the benefit of both parties.<\/p>\n","protected":false},"excerpt":{"rendered":"

All three flavours of the Emydex multi-species livestock payments system are now live and running in abattoirs spread…<\/p>\n","protected":false},"author":5,"featured_media":14126,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[297,261,338,263,248,225],"class_list":{"0":"post-14124","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-industry-news-za","8":"category-kill-line-za","9":"category-meat-za","10":"category-pork-za","11":"category-product-news-za","12":"category-uncategorized-za","13":"entry"},"yoast_head":"\nEmydex Livestock Payment System | Emydex<\/title>\n<meta name=\"robots\" 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