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What is Lorum?

Lorum provides a comprehensive multi-currency clearing framework designed specifically for financial institutions and regulated platforms operating across diverse markets. By establishing direct connections to both major and regional payment networks, this innovative solution allows institutions to efficiently clear and settle funds without the necessity of creating local branches or managing a convoluted network of correspondent banks. Through a centralized API and ledger, clients can manage their account structures in various currencies, taking advantage of regulated and segregated accounts along with virtual IBANs, which are issued under the end customer's name when applicable. This arrangement not only guarantees predictable settlement finality but also bolsters the security of funds while clarifying the ownership of balances in multiple jurisdictions, thus providing a seamless financial operations experience. Furthermore, Lorum's infrastructure enhances both transparency and efficiency in cross-border transactions, which is vital for navigating today's dynamic financial environment. The solution empowers institutions to adapt swiftly to changing market demands, ensuring they remain competitive and compliant.

What is AGROSOFT?

Innovative solutions are crucial for satisfying customer demands in a rapidly evolving market landscape. You aim to implement systems that enhance productivity, improve customer service quality, and boost profitability. Your goal is to significantly expand your market share. To achieve this, you require not just software, but a tailored and adaptable agribusiness enterprise system that positions you as a key contender in commodity supply chains. With versatile third-party payment options, you can seamlessly incorporate freight charges into invoices, manage payments for various carriers based on different freight leg distances, and address additional expenses such as berthage and stevedoring. Unpriced contracts can be efficiently resolved by merging several rail cars or deliveries into a single transaction, while multiple pricing structures can be applied to a single load. Additionally, the system can automatically calculate storage fees, discounts, check-offs, fees, and taxes, ensuring a streamlined financial process that supports your growth ambitions. Ultimately, such a comprehensive system not only simplifies transactions but also empowers you to make informed decisions that drive your business forward.

Media

No images available

Media

Integrations Supported

Bushel Mobile

Integrations Supported

Bushel Mobile

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Lorum Finance

Date Founded

2023

Company Location

United States

Company Website

www.lorum.com

Company Facts

Organization Name

Grossman Software Solutions

Company Location

United States

Company Website

www.gss.ag/products/agrosoft

Categories and Features

Banking

ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring

Categories and Features

Farm Management

Barcoding / RFID
Built-in Accounting
CRM
Contract Management
Crop Management
Customer Management
Financial Management
Greenhouse Management
Inventory Management
Labor Management
Livestock Management
Order Processing
Pricing Management
Supplier Management
Traceability
Weather Records

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