Why We’re Here
AgVantis provides integrated, real-time solutions to Farm Credit Associations and Banks. In the end, AgVantis' technology helps Associations and Banks to acquire and maintain profitable, long-lasting relationships with borrowers.
AgVantis Delivers Value
Business processes have become increasingly reliant on technology, creating an evolving need for a technology services provider who understands the efficiencies to be gained from technology focused on the needs of your institution – as well as Farm Credit.
At AgVantis, technology is accurately designed, thoughtfully implemented and properly administered; and thus technology becomes an investment and a competitive advantage to your Association - rather than just an expenditure.
Growth within the Farm Credit System will come from new borrower opportunities. And your Association has to create a competitive advantage within your marketplace so you can compete for these new borrower opportunities.
By leveraging the power of AgVantis’ cost-effective, innovative, and end-to-end technology solutions, your Association can increase productivity, enhance your borrowers experience and control costs across your entire organization; ultimately creating a significant competitive advantage within your existing marketplace. This competitive advantage will ultimately help your Association compete for new borrower opportunities.
Although AgVantis' pricing is based on many different factors and each Association cost will vary, in 2008, the average cost of providing AgVantis’ end-to-end solutions to Association shareholders was just over $0.08 per $100 of average loan volume. That translates into AgVantis’ average cost of providing end-to-end solutions to Associations at $110 per loan!
That is the true value of AgVantis: helping customers create truly significant competitive advantages that enable them to compete and sustain continual growth in their markets.
The Benefits of Being an AgVantis Customer
We understand that some Associations choose technology service providers using different criteria. For example, prioritization and selection of a service provider could be based on an Association’s direct technology costs and a ‘general feeling’ of the potential business benefits.
In the past, technology services providers and the technology solutions they delivered were considered by many to be an expenditure by the Association. This led to a focus on direct technology costs, which caused Associations to view possible partnerships with service providers not as investments but as expenditures.
Today, AgVantis provides a set of benefits that reinforce the idea of technology being an investment and the value a technology service provider like AgVantis can provide:
- Ownership
AgVantis customers are owners. AgVantis' customer-owners have true ownership privileges: not only are customers represented on AgVantis’ Board of Directors, but they are also eligible to participate in a highly-organized collaboration process regarding AgVantis' key initiatives and projects as well as an annual rebate. - End-to-End Solutions
AgVantis’ solutions are bundled together to provide a true end-to-end solution. AgVantis' customers have access to solutions that cover every aspect of their business: from prospecting, marketing and sales to loan origination, loan servicing and borrower access. From “A-to-Z,” AgVantis has the solutions Association customers need in order to acquire, service and retain their borrowers. - Near-Cost Pricing
As a business philosophy, AgVantis believes in providing customer-owners with “near-cost pricing”. Near-cost pricing means AgVantis prices their "Bundled Services" to cover the cost of delivering each service - and not on generating large margins of profitability. - Expertise
AgVantis employs a talented and tenured staff that has been in Farm Credit for nearly 12 years on average. This type of expertise allows AgVantis to serve and support customers like no other service provider in the marketplace. - Research & Development
As a good technology partner should, AgVantis dedicates resources to ensuring that their technology solutions stay innovative, real-time and integrated. AgVantis understands that by keeping technology solutions up-to-date they are providing customers with a significant technological advantage in the marketplace. And at AgVantis, all customers are included in the R&D process. - Communications
AgVantis believes in providing the right information at the right time. Ultimately, AgVantis understands that customers depend on their services provider for most of their technology needs. And AgVantis never wants customers to feel like they are left in the dark. To that end, AgVantis strives to provide and exchange proactive communications with all customers so that they have all of the information they need to make informed decisions.
