Better ROI Managing Assets

Managing Assets on the Hoof

Bovitrak facilitates management and financing

When industry and/or government quality programs can be met with ease, the value of the asset increases for both owner and lender. Bovitrak delivers that assurance. It is also an essential financial management tool.

For many feeders, knowing how many head are in the lot is a "guesstimate" at best. Keeping track of cattle at one location can be a challenge – what if you have more than one lot? If you have range-fed cattle you know how tough it is to pinpoint their location and condition with certainty. The bigger your operation, the tougher it gets.

Bovitrak helps you to manage your livestock and gives your banker confidence that the assets he has financed are being tracked and managed in the best way possible. Bovitrak inventory gives lenders the details they need to make a better-informed decision. As a consequence you can be more proactive in negotiating borrowing – often reducing borrowing costs.

With your permission, your lender can log onto Bovitrak and verify current livestock holdings. Cattle can now be followed as they change hands, eliminating one of the age-old headaches experienced by lenders and borrowers. With Bovitrak, any animal can be located and scanned on site if necessary, giving lenders another level of reassurance that the asset is highly trackable at all times.

Today's drive toward source-verified products that meet strict standards such as low fat content, tenderness lifetime organic feeding and the certifiable absence of growth promoters can be met with Bovitrak. Retailers and consumers want proof that the beef they are eating has been raised in the healthiest way possible. Feedlot operators using Bovitrak are able to provide verifiable evidence to back up these promises. Being able to track each head of cattle on the lot and throughout the system underlies the Bovitrak approach to herd management. Should a food safety issue arise, specific animals can be pinpointed, very possibly preventing the destruction of an entire herd.