Today’s wholesale and retail businesses need to make sure they maintain margins; reach sales targets; have flexible sell price strategies; and manage company credit control policies while at the same time keeping accurate and acceptable stock levels with no or minimal obsolete stock. As a key part of your business processes, Infoware Services inventory management and accounting software provides you with all these tools and more.
Take control, make better decisions and increase profitability with Infoware Services; our fully-integrated wholesale/retail industry software solution including multi location inventory management, flexible pricing including rebates, automated credit control, web customer portal, automated purchasing options plus many other inventory specific efficiencies and analysis tools.
- Increase Sales via your 24/7 Web portal and at the same time reduce Customer Service demands by taking orders, providing customer prices and any sales promotions, plus account information and invoice/POD copies.
- Flexible pricing options including customer specific prices to meet both market competitiveness but also protect your margins. Flexible special prices can be date range specific and either a fixed price or amount off a base sell price.
- Reduce SOH by purchasing based on weeks of stock on hand or other business rules rather than let stock consume your overdraft or your capital.
- i4 Query Report Writer and the Excel i4 Plugin: (we believe to be) the most user friendly and powerful report writer available. Design your own reports – Be able to ‘slice and dice’ your profit analysis – by invoice line, by customer, by supplier, by product, by groups, by salesperson, by customer, by day.
- Automate credit control – maintain a separate optional trading terms to credit terms if you wish to internally extend credit beyond trading terms (based on customers payment patterns). Automatically put accounts on or take off stop credit based on daily payments while emailing account credit notifications to customers.
- If you must provide credit, automatically direct debit customer bank accounts for invoice payments removing credit control issues, bad debts and improve cash flow.
- Communicate stock levels 24/7 and other information to your supply chain partners (salespeople, customers and suppliers) via our i4 web portal.
In addition to Infoware’s web based customer orders removing the admin effort of keying orders, expand your business into 24/7 sales and increase your time savings further, without the errors of incorrectly keyed codes.
Provide your customers with the ability to retrieve copies of past invoices to answer some account questions further reducing your admin costs. With i4 DocLink + OCR customers can also retrieve copies of signed invoice POD’s online.
Some more time savers include:
- Automatically generate purchase orders based on weeks of stock on hand rather than fixed min/max stock levels, reducing stock on hand to a factor of your sales and freeing up capital.
- Alternatively replace stock as used (Lean Manufacturing Kanban method) or use min/max stock levels.
- Calculate Landed cost of imported items taking into consideration currency exchange rates and import oncosts such as freight, agency fees etc.
- Supplier Price uploads and recalculate sell prices maintaining your margins rather than having to manually key supplier price increases and new sell prices with all of the effort and possibility of errors.
- Efficient picking of customer orders with picking slips in bin location order. Perform consolidated picks of multiple orders together where applicable. Infoware assists bin location design of warehouse by ranking product codes and bins by order picks.
- Flexible sales reporting including ranking customers, products by sales amounts, margins and margin %
- View stock levels for multi locations all from the one place.
- Bar code scanning options including stock takes.
- Maintain a common approach to managing overdue accounts by sharing Credit control notes throughout your business.
- Load payments for larger accounts from customer remittance payment data rather than having to manually process a payment and allocate against each invoice. Also includes debtor group allocation where one payment from a group covers many individual debtor accounts.
- i4 Query Report Writer and the Excel i4 Plugin: (we believe to be) the most user friendly and powerful report writer available. Design your own reports – from simple lists to more advanced reports such as ranking stock by fast, slow moving stock categories based on moving weeks stock on hand.
Value & Service
Dramatically reduce your IT costs while enjoying enhanced functionality and efficiency. For a low monthly subscription, you get the full Infoware business management solution, data hosted in a secure environment, Infoware updates plus included support and more.
Need to discuss how Infoware will benefit your organisation? Call us on 1300 INFOWARE (1300 463 692) or email sales.
