AgriChain Land: automated monitoring of land bank changes

From January 1, 2024, the Ukrainian agricultural sector received significant changes that opened up new opportunities for investors and business. One of the key changes was the expansion of the range of entities that have the right to purchase land plots. Now, in addition to natural persons, this right is also granted to legal entities, while the amount of property can be up to 10 thousand hectares.

Such legislative innovations stimulate the systematization of operational monitoring of one’s own land bank: where it goes, how it changes, which lands are released in the region of business presence, etc. At the same time, detailed and convenient information allows you to think strategically, with the aim of developing the sustainability of agribusiness. After all, it is no secret that the land bank is the main asset of agricultural enterprises.

Understanding the needs of the market and the importance of control over land assets, the AgriChain company has developed a new functionality in the AgriChain Land IT system.
The program module “Automated monitoring of changes to the land bank” is a convenient interactive tool for monitoring changes in the data of the company’s land bank.

“In most cases, when terminating contracts, landlords do not voice the real reasons, which means that the land services of agricultural companies do not have analysis tools or they are not up-to-date to influence the outflow of land and play ahead by analyzing the real reasons for turnover. This requires more information, which is provided by the new functionality of the AgriChain Land system,” says Oleksandr Kharchenko, head of the AgriChain software product implementation department. ─ We receive information on land plots from official state registers, structure and consolidate it. Business, in turn, conducts deep analytical work to make effective management decisions.”

In the format of an interactive map and an intuitive interface, the user can access information about: the land plot, the owner, the legal entity that leases it, the existence of a lease agreement and information about its registration, the terms when the lease agreement expires, etc.

The functionality of the system makes it possible to check whether the owner of the land plot has certain legal restrictions, such as debts, court cases, and to find out how legal the ownership of the land plot is. This information is extremely important when the agricultural company is interested in purchasing a share or long-term extension of the lease agreement.

The system consolidates information from the register of property rights, the state land cadastre, the public cadastral map of Ukraine and 17 other official sources for maximum data completeness. Information can be monitored both by specific cadastral number and by settlement or by the company’s EDRPOU code.
Automated “monitoring” is also interesting, which allows you to monitor the life cycle of a land plot in the background operating mode. To do this, you need to choose a time period for monitoring and specify important parameters. If during this time there are changes in the state registers, the system will signal this with PUSH messages.
The latest IT solutions become an important step in the direction of modernization and optimization of management of agricultural enterprises, contribute to the development of agribusiness in Ukraine, which plays a significant role in the food security of the world.