Equity Cooperative Livestock Sales Association

Being responsible for the marketing of 82,000 heads of livestock requires the organization and efficiency that FileBound provides.

Being responsible for the marketing of 894,000 heads of livestock requires the organization and efficiency that FileBound provides.

Established in 1922, Equity Cooperative Livestock Sales Association aids agricultural producers in the marketing, managing and financing of their businesses. Today the Association ranks as Wisconsin’s largest livestock marketing agency and the nation’s second largest. In 2010 over 894,000 head of livestock were marketed through Equity’s various divisions producing over $508 million of value. The organization operates 12 auction markets in Wisconsin and Iowa along with three livestock collection points in Wisconsin and Michigan. The cooperative includes 37,000 members who are served by the association’s 375 employees.

The Problem

With its 12 markets located far apart, system integration was difficult for Equity Cooperative Livestock Sales Association. Yet, all company accounting functions were centralized at headquarters, which meant that each individual market had to regularly mail sales invoices and supporting documentation to corporate for processing. Shipping costs were substantial.

The Solution

Because Equity’s business locations are primarily rural, a wide area network was not feasible for hosting the electronic content management system. FileBound® On-DemandTM used in conjunction with a distributed capture option was the ideal solution.

FileBound Results

The addition of the FileBound® On-DemandTM system saved untold hours and expense previously taken up with copying documents and shipping them to headquarters. The record-keeping and accounting systems were streamlined and simplified to everyone’s satisfaction. Compliance with requirements for protecting clients’ privacy was assured.

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