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GCX GRN VALIDATOR
1. What is the GCX GRN Validator?
The GRN Validator is designed to support banks in verifying and validating the legitimacy of Goods Received Notes (GRNs) provided by farmers. This validation process ensures that only authentic GRNs are accepted before loans are approved. By implementing this tool, banks can streamline their lending process, ensuring more accurate and secure financial support for farmers.
2. What operating system does the app support?
Configured to run as web application.
3. How can the app be accessed.
The app can be accessed using the link below.
https://gcxservices.net/grnvalidator/sign-in-illustration.php
4. Login
Users will initially receive a username and password. Upon logging in for the first time, they will be prompted to change their password to one of their choice.
5. GRN Verification
To verify a GRN,
• Navigate to the 'GRN Validator' section in the GRN Tool app.
• Enter the GRN ID and click 'Verify GRN ID'. The system will validate the GRN and display the relevant details.
• Upon verification, you can see the status, WHR ID, client name, year, warehouse, commodity, and expiry date of the GRN. Additionally, you can determine if the GRN has expired or is still valid.
6. GRN Valuation
To check the value of a GRN commodity in the warehouse,
• Go to the 'GRN Valuation' section.
• Select commodity symbol, enter quantity and click on calculate and the system will calculate the Closing price and estimated value of the GRN for you.
7. Market data
To access market data,
• Navigate to the 'Market Data' section in the GRN Tool app.
• Select Symbol, date and click on 'Fetch Data' you can view real-time and historical market data for various commodities stored in the warehouse.
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