Abstract:
Traditional book-keeping of a flour mill is manual based. Manual accounting is prone to errors, such as miscalculations and data entry mistakes. Manual record management is time consuming especially when dealing with a large volume of transactions. Calculations, data entry, and reporting takes longer manually. It struggles to scale with business growth, leading to complexity and increased error risks. Accessing and sharing of data can be challenging. If a stake holder needs any information, they may have to physically go to the location where the records are kept. Available solutions for flour milling industry are outdated with complicated user interface, making it difficult for users to navigate, perform tasks, and achieve desired goals. While many available solutions offer customization options, some flour mills may find it challenging to tailor the software to their unique processes and this could lead to compromises in workflow efficiency. In contrast, Millers Vantage is an efficient, web-based financial management solution designed specifically for the flour milling industry, providing stakeholders with a user-friendly and cost-effective platform to elevate the business efficiency of the flour mill. Millers Vantage web application will be designed to address financial management challenges faced by flour mill to revolutionise the flourmill industry in Pakistan by providing an innovative and seamless integrated solution of diverse functionalities for flourmills to streamline their financials, which will eventually improve their business.
