Metrc Track And Trace Software Explained
Are you part of a cannabis manufacturing company that is looking to stay up to date on the latest technology? Metrc track and trace software might be the perfect solution for you! A solution that you might actually be required to use… This powerful software provides detailed tracking and reporting of cannabis products throughout the entire supply chain, from seed to sale. In this blog post, we’ll explain what Metrc track and trace software is, the benefits of using it, how it works, and how to get started.
- Introduction: What is Metrc Track And Trace Software?
- Benefits of Using Metrc Track & Trace Software
- How Metrc Track & Trace Software Works
- How to Get Started with Metrc Track & Trace Software
- Metrc Track & Trace Software Integration with Other Software
- Conclusion: Is Metrc Track & Trace Software Right for You?
What is Metrc Track and Trace Software?
Metrc track and trace software is an industry-leading system that enables cannabis businesses to monitor and report on cannabis products throughout their supply chain. The software uses barcode technology and RFID tags to track and trace cannabis products from seed to sale. This ensures that each product is accounted for and that all laws and regulations are being followed.
Metrc track and trace software is designed to be user-friendly and intuitive, so it can be used by cannabis businesses of all sizes. The software is also highly secure, so you can rest assured that your data is being kept safe and secure.
Metrc partners with many state governments nationwide and is required to be used by all cannabis business license holders within those states.
Benefits of Using METRC
Using Metrc can provide a number of benefits to your cannabis business. First and foremost, it can help you comply with all relevant laws and regulations related to the cannabis industry. Additionally, it can help you keep track of your inventory, streamline your operations, and improve the overall efficiency of your business.
Metrc was built for and is used foremost for compliance. If you’re looking for a software to primarily help with inventory management and your production flow, you’re much better off looking towards a software such as figgro or one of these 5 Best Inventory Management Software’s For Cannabis Manufacturers In 2023.
Additionally, Metrc track and trace software can provide valuable insights into your business operations. You can use the data gathered by the software to make informed decisions and improve the overall performance of your cannabis business.
Interested in an all-in-one software that can help you with your compliance, inventory management, production, and business performance projections? Consider an ERP software that’s specifically built for the cannabis industry.
How METRC Works
Metrc track and trace software uses barcode technology and RFID tags to track and trace cannabis products throughout their supply chain. Once an item has been tagged and scanned, the software will keep track of its movements and provide detailed reports. This allows you to ensure that all laws and regulations related to cannabis products are being followed.
Note that when it comes to softwares that use RFID tags, you most likely will be required to purchase and implement some additional technologies and devices in order to use the software as intended.
The Metrc software also provides detailed analytics that can be used to gain valuable insights into your business operations. You can use this data to make informed decisions and optimize the performance of your cannabis business.
Getting Started With METRC Track and Trace Software
Getting started with Metrc track and trace software is fairly simple. First, you’ll need to purchase the software and tag all of your cannabis products. This process typically takes three to six months to complete. Once this is done, you’ll be able to start monitoring and reporting on your products in real-time.
Additionally, you may also need to complete some additional steps depending on the laws and regulations in your state or jurisdiction. This may include obtaining a license or registration, completing an audit, or registering your products with the state.
METRC Integration with Other Softwares
Metrc Track & Trace Software is one of the only cannabis specific compliance softwares that integrates with the biggest names in the business, from seed-to-sale tracking softwares like figgro, to accounting programs such as Quickbooks. This is simply because they were one of the firsts to market.
As a web based software, Metrc can easily integrate with any other software that has an open API (I.E. softwares/companies that play nicely with others).
Whether you’re just getting started in the industry or are a seasoned veteran, Metrc’s comprehensive suite of features makes it easy to stay compliant and on top of your game.
Conclusion
Metrc track and trace software is an invaluable tool for cannabis businesses. It enables businesses to monitor and report on cannabis products throughout their supply chain, ensuring that they remain compliant with all applicable laws and regulations. The software can provide valuable insights into your business operations, allowing you to make better decisions and optimize the performance of your business.
If you’re looking for a powerful tool to help you manage your cannabis business, Metrc track and trace software is a great choice. With a few simple steps, you can get started with this powerful software and start enjoying the benefits it has to offer.
Did you know that the figgro ERP is a single all-encompassing cannabis business software that seamlessly integrates with METRC and is built to effectively replace their old system? How much more efficient do you think you and your team would be if instead of jumping back and forth between seven software’s, you only had to use one?
Learn more about the figgro cannabis-specific ERP software now and solve all of your cannabis inventory management, cannabis production management, and cannabis compliance and regulation challenges, all in one place.
