Many segments in agriculture are overdue for a solution to reduce time, resources and errors that stem from using inconsistent data formats to remit payment details. Electronic messaging, using the XML (Extensible Markup Language) specification as the standard format to remit data, ensures accurate and timely reconciliation of payment remittances between the sellers’ receivables systems and the buyers’ payables system.  The Crop Nutrient segment is sponsoring this cross-council project to gain those efficiencies.

Get up to Speed with XML Remittance

Once a time and labor intensive, error-ridden manual process, transmitting payment remittance details will become fast, accurate and electronic with XML Remittance. Learn more about XML Remittance Project (XRP) by contacting: Marilyn Hunter (marilyn@aggateway.org) or Gary Garrett (ggarrett@growmark.com). The five companies that have committed to this project are:  BASF Corporation; CF Industries; GROWMARK, Inc.; International Raw Materials; and Mosaic, Inc.

If you are interested in this project, please contact Marilyn Hunter or Gary Garrett (emails above).