TerraceAg

Farmland valuation transformation that reduces appraisal time by 40%

Project Overview

Aubergine Solutions collaborated with TerraceAg to develop a farmland valuation platform. By automating complex appraisal processes and integrating data seamlessly, we crafted an intuitive solution that significantly enhances accuracy and efficiency in land valuation. This innovation has not only streamlined the appraisal workflow but also reduced the time required for appraisals by 40%.

Client
TerraceAg
Geography
USA
Segment
B2B
Industry
Land Appraisal and Valuation
Services
Research & Development
UX Design
UI Design
Product Strategy
Design System
Web Development

Impact

Acquired by Farm Credit Services of America.

40%

Reduction in land appraisal time compared to competitors.

15%

Improvement in data processing, reducing backlog.

The Problem

Manual complexity in a data-heavy domain
Proto Banao faced significant challenges in the data-intensive land valuation domain. They needed a unified platform to streamline a complex multi-step process while ensuring dynamic data population for consistency. Simplifying the appraisal workflow for appraisers and generating comprehensive reports were essential, along with providing an app that keeps users updated in the field. Addressing these issues required a holistic understanding of the land valuation landscape.

Minimizing manual data errors

Reducing errors from manual data gathering across multiple sources.

Enhancing application integration

Integrating applications to improve workflow and productivity.

Streamlining report creation

Simplifying report generation and enabling mobile access to real-time data.

The Solution

From complexity to clarity: Automating TerraceAg's appraisal process

Goals

Automate end-to-end for streamlined appraisal.

Enable dynamic data updates in real-time.

Create mobile app for field data accessibility.

Unified appraisal platform streamlining workflows

We developed a comprehensive, integrated platform tailored for the complexities of farmland appraisal. This platform brings together all essential components into a single, streamlined interface. It merges disparate tools and data sources into one cohesive system, integrating subject property information, comparable sales data, and workfile analysis.

By centralizing these elements, we eliminate the inefficiencies associated with switching between various applications, significantly reducing the risk of errors and enhancing productivity. The unified interface allows appraisers to access, analyze, and cross-reference data with ease, leading to more accurate and consistent appraisals.

This holistic approach not only saves substantial time but also improves the overall quality of the appraisal process by ensuring all data is easily accessible and well-integrated.

"To do justice to the problem at hand, we had to zoom out to understand the process as a whole while zooming in on each data point involved."

— Jui Pandya, Sr. UX Designer, Aubergine Solutions

Efficient dynamic data management system

To address the inefficiencies of traditional data entry in the appraisal process, we introduced a sophisticated dynamic data management system within our platform. This feature automatically updates recurring data points across all relevant fields once an initial entry is made, drastically reducing the need for repetitive manual input and decreasing the potential for human error.

Changes made to any data point are instantly reflected throughout the system, ensuring accuracy and consistency across all documents and reports. This dynamic data approach significantly enhances workflow efficiency, allowing appraisers to focus more on critical analysis and less on administrative tasks.

By streamlining data management, the system ensures that all information remains current and accurate, facilitating a more effective and reliable appraisal process.

Automated report generation with professional standards

Our platform revolutionizes how appraisal reports are created by automating the entire process. Utilizing the data collected and analyzed during the appraisal, our system seamlessly compiles and formats comprehensive reports to meet professional standards.

The interface includes advanced features like customizable templates, which cater to different organizational branding needs, and map integration, which provides visual representations of geospatial data, enabling appraisers to make side-by-side comparisons of properties effortlessly.

Progressive disclosure techniques ensure that information is presented in manageable chunks, reducing cognitive load and enhancing user comprehension. This automation significantly improves the accuracy and professionalism of the reports, ensuring they are ready for delivery in various formats, such as PDF, and enhances client trust and satisfaction by presenting detailed, well-organized information in a clear and accessible manner.

"The mobile app enables accessibility no matter where the appraiser is. It helps take field notes and sync work-files and databases with the core system when the appraiser is out visiting farmlands."

— Jui Pandya, Sr. UX Designer, Aubergine Solutions

Chapters

Results

Our collaboration with TerraceAg has transformed the farmland appraisal process, significantly enhancing efficiency and accuracy in land valuation.

40%

Reduction in appraisal time

25%

Decrease in manual data entry

30%

Increase in appraiser productivity

  • The automated platform has streamlined appraisal workflows, cutting overall time by 40%.
  • Dynamic data management has reduced errors and improved processing efficiency.
  • Integrated tools have consolidated data sources for comprehensive analysis.
  • Automated report generation has created consistent reports, enhancing client satisfaction.
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