Cannabis Tracking Software Comparison
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This document provides a comparison of various cannabis tracking software solutions available in the market, outlining features essential for operational efficiency in cannabis businesses. It discusses products from companies like Seattle Cannabis Exchange, BioTrackTHC, MJ Freeway, WeedTraqr, TraceWeed, and GreenBits, analyzing capabilities such as inventory management, user interface, and operational support. The conclusion emphasizes the importance of selecting a software that balances functionality, cost, and ease of use to enhance business success.
Cannabis Tracking Software Comparison
- 1. 1 Introduction Cannabis Tracking Comparison White Paper: Seattle Cannabis Exchange, WeedTraQR, BiotrackTHC, MJ Freeway, Greenbits, TraceWeed November 2016
- 2. 2 Introduction Introducing Cannabis Tracking Software available today As you are well aware of cannabis tracking is critically important for the operational health of an organization. Today’s Cannabis Tracking market offers a number of solutions and software alternatives. Some are further along the product development cycle than others. As the business evolves cannabis tracking will become less important to the businesses success than other departments such as accounting, product development, sales, customer relationship management and others. With a number of cannabis tracking applications available capable of providing the features and reporting functions a business owner or manager needs where should the search for the best choice begin? Many businesses begin using cannabis tracking software on their desktop. They then migrate to solutions with mobile capabilities. A mobile friendly application brings versatility to their Tracking usage. Being able to maintain your tracking directly from your phone or tablet changes the way you operate and manage your sales activities. While customer expectations are changing regarding cannabis tracking functionalities and best practices. Modern businesses need more than just the ability to track marijuana; does your tracking suite offer other features such as grow house management, yield projections, efficient communication tools, and most importantly, having a great user interface for your team to be productive. Features Comparison In order to offer a fair comparison of the top cannabis tracking solutions, we have compiled a table of the most important features a cannabis tracking system should offer. These are organized into five categories: Cannabis Tracking (retail sales), Grow House Management, Productivity & Usability, and User Reviews. These categories encompass nearly everything a company might need in order to manage state compliance requirements, and optimize operations.
- 3. 3 Introduction to Cannabis Tracking Software Seattle Cannabis Exchange Claudius Christian and his team started development in 2015 and launched its product in June 2016. With a background in creating sophisticated software solutions to for the higher education marketplace Claudius, and his team knew they could bring enterprise level reliability, performance, and security to the cannabis marketplace. The SCE platform, is a SaaS offer which allows your teams multiple cloud- based solutions that will help them in their day to day tasks as a producer, processor, producer/ processor, and retailer. The system is continuously updated throughout the year. SCE is the only solution offering a financial uptime guarantee to be online with a service level agreement (SLA). Meaning they will pay you if the system cannot be accessed. “A CANNABIS BUSINESS MANAGEMENT PLATFORM.” Three different pricing models and additions are available. SCE solutions include Business Essential for small companies in need of cannabis tracking and/ or point of sales only, Business Professional for growing businesses, and Business Premium for large organizations. For this comparison, we will select Business Premium. BioTrackTHC Established in 2010, BioTrackTHC got its start in the pharmaceutical industry. Located in Orlando, Florida the organization implemented the Washington State Cannabis Traceability System in 2013. The company enables businesses to track the production, transportation, destruction and sales of legal cannabis. BiotrackTHC updates their system on an irregular basis, unannounced.
- 4. 4 “NO MOTTO INFORMATION AVAILABLE” BioTrackTHC business solutions differ by business type and size. They offer solutions for cannabis producers, processors, producer/ processors, and retailers. For this comparison, we will select either their producer/ processor and/ or retail solutions. MJ Freeway Founded in 2010, MJ Freeway’s tracking software includes inventory control and grow management applications for producers, processors, producer/ processors, and retailers. In addition, they also offer professional consulting services for cannabis businesses. The company is headquartered in Denver Colorado. “POWER OF A PLATFORM” MJ Freeway’s business solutions differ by business type and size. For this comparison, we will select either their producer/ processor and/ or retail solutions. WeedTraQR WeedTraQR is barebones cannabis tracking system founded in 2014 by a software engineer and business development professional. The tracking software includes cannabis tracking for producers, processors, producer/ processors, and retailers. “MARIJUANA TRACEABILITY SEED TO SALE FROM YOUR PHONE” WeedTraQR’s business solutions differ by business type and size. For this comparison, we will select either their producer/ processor and/ or retail solutions.
- 5. 5 TraceWeed Dauntless was founded in 2013 by five software engineers. The software is exclusively for producers, processors, and producer/ processors. TraceWeed uses RFID and NFC as the foundation of its application. The RFID tags must be purchased and replaced on a regular basis. “SIMPLY TAP. TAP. TRACE.” TraceWeed’s business solutions differ by business type and size. For this comparison, we will select either their producer/ processor systems. Green Bits Green Bits was founded in 2014. Green Bits is a retail POS software, and inventory management for iPad, The Business is based in San Jose, CA. “FAST. ACCURATE AUTOMATIC.” The application is tablet based. Pricing varies on the number of terminals a retail store has. The Green Bits Back Office is a web-based portal where stores can be managed.
- 6. 6 Features Comparison 1 SCE’s employee and vehicle module enables the business to track costs for each vehicle and critical employee information as well. 2 TraceWeed issues free upgrades; however, it is up to the end user to install the upgrades on their devices. 3 The developer of the software is responsible for hosting and maintenance of the software. BiotrackTHC does have a self-hosted option. Blank spaces mean we were unable to verify feature.
- 7. 7 1 With SCE you can manage leasing & other costs such as recurring, leasing, and service costs. Also, get dynamic cost reports. 2 BiotrackTHC onsite requires the business to initiate upgrades. 3 BiotrackTHC (onsite) and TraceWeed require the business to be responsible for software accessibility. *(seed propagation time, clone propagation time, vegetative time, average flowering time, average drying time, average curing time). Blank cells mean we do not have enough information.
- 8. 8 1 SCE financially guarantees its application has 99.99% uptime. It means unscheduled Downtime, is 0 Days, 0 Hours, 4 Minutes, 19 Seconds over a 30 day period. Daily it's an average 0 Hours, 0 Minutes, 9 Seconds downtime. We have yet to have any such incident. Blank spaces mean we were unable to verify feature. 1 Brand visibility is measured by Google Trends key word results. 2 SCE financially guarantees its application has 99.99% uptime. It means unscheduled Downtime, is 0 Days, 0 Hours, 4 Minutes, 19 Seconds over a 30 day period. Daily it's an average 0 Hours, 0 Minutes, 9 Seconds downtime. We have yet to have any such incident. 3,4,5 Coming to SCE Summer 2017. 6 Works on any tablet, laptop, desktop computer, or industrial POS.
- 9. 9 User Interface When it comes to efficiency and end-user satisfaction, fine-tuned usability is one of the most important factors in any software platform. This is especially true of cannabis tracking software, as the end user might spend the majority of their time working with the software. In order to provide functionality, speed, and convenience to a cannabis business, a software solution must maintain a balance between ease of use and a robust set of features. The user interface supports the overall product design in deciphering human factors such as preferences, habits, and learned skills in order to effectively serve the intended purpose of the software as it relates to the businesses that utilize it. A strong functional design is critical in providing a positive user experience and maximizing user efficiency. Usability is qualitatively measured as a software’s ability to anticipate what a user might need to do. This includes ensuring that all of the elements in the interface are easy to access, understand, and use. Well- designed software establishes familiarity by maintaining a consistent interface and predictable interactions throughout so users feel comfortable with the system, allowing them to complete their desired tasks quickly. It will help users perform actions quickly as well as become more efficient in their
- 10. 10 day to day tasks. Best practices also suggest having a simple interface with consistency (common elements) and a page layout based on hierarchical importance and flow. The next section includes screenshots of the dashboard and bank reconciliation screens of each software to help you compare the user interface of each software. Cannabis Tracking Inventory - SCE
- 11. 11 Cannabis Tracking Inventory - BiotrackTHC Cannabis Tracking Inventory - MJ Freeway
- 12. 12 Cannabis Tracking Inventory - TraceWeed Point of Sale - SCE
- 13. 13 Point of Sale - BiotrackTHC Point of Sale - MJ Freeway
- 14. 14 Point of Sale - Greenbits
- 15. 15 Conclusions The selection of a software solution is a process which, if undertaken with scrutiny and a willingness to obtain as much information as possible, can result in a huge increase in efficiency amongst your team. No single factor is the most important, but rather a balance of many interdependent factors. Which factors are really important for your business? Is your planning focused around a budget? Integration with third-party apps? Do you prefer to maintain your software yourself via an on premise server or utilize a cloud-hosted solution maintained by the software vendor? Additionally, what are your budget and internal competencies? On-premise solutions are preferred by large companies because they provide increased control of the platform and can assist in overcoming security concerns. Alternatively, online solutions are advisable for SME’s as the customization and costs (hosting, maintenance, implementation service, etc.) are usually minimal or even included in the base rate. In order to select the best tracking software for your needs, it is also vital to weigh the desired benefits against the management team’s constraints while also considering the team’s day to day operational needs. The most fundamental goals for any decision maker are to grow the business and support the teams which make the success of your organization possible. As collaboration is the key to success with any team, it is beneficial to choose a simple and user-friendly solution which will help your colleagues work quickly and effectively while avoiding the need for expensive and time-consuming training sessions. So whether you are a small startup comparing cannabis tracking solutions for the first time or a large enterprise thinking about changing your current software, the information in this document will help you compare the most important aspects of each solution to help you find the software that best works for you. This whitepaper was compiled by SCE. We did our best to make it objective and fair. If you find a mistake or please report it to info@scegroup.co and we will update this document. Our goal is to have a continuously updated comparison of the main competitors to be as accurate as possible. Some images have been altered to fit the screen.