Improve your supplier management
As your company grows, the complications around your progress shouldn’t hinder your ability to succeed. Using IWebSquare, you'll be able to manage your processes to help assist the costs, freedom, and adoption of your company's suppliers so that you understand who ordered what, at what time, and from whom.
Profitable online retail entails learning the ins and outs of what you are promoting, so you’re capable of purchasing the correct products in the appropriate quantities at best possible rate. By having complete knowledge of your actual product prices, you'll be able to make sure you have the data needed to forecast demand successfully.
Automatically send RfQs to your company's suppliers according to your stocks levels.
Increase your purchase and inventory efficiency with procurement rules based on stock levels, logistic rules, sales orders, forecast manufacturing orders, etc. Choose various replenishment options for every product based on your manufacturing and delivery strategies.
Assess, forecast and effectively plan your orders
Receive precise statistics on your suppliers' efficiency via versatile reporting: delivery delays, negotiated discount rates on prices, volumes purchased, etc. Integrate buying with analytic accounting to assess your contracts' profitability.
Supplier price lists & product availability
Come up with intelligent purchase decisions utilizing the best prices.
Effortlessly import suppliers' price lists and references to come up with better purchase decisions according to marketing promotions, quantities, and specific contract conditions. Monitor a product availability in your supplier’s stock and check out your order status through the app. Additionally, you can base your company's sales price on your supplier's prices.
Save your time as well as effort with the help of IWebSquare’s multi-company rules.
Utilize a single IWebSquare instance to sync operations between various companies or warehouses. Generate sales orders, share consumers, suppliers, and products and handle invoices for all of the companies simultaneously. It can save you additional time by automating the invoicing procedure between each of the companies!
Data-driven purchase order management, drop-shipping automation as well as real-time accounting updates effectively enhance your supplier-to-door fulfillment process.
Fix purchase quantities, inventory levels, and come up with smart modifications utilizing easy and transparent low inventory reports. IWebSquare instantly makes purchase orders and offers versatile tools for more steady handling for purchases.
Centralized Supplier Management
View a complete audit log of your company's supplier contact records - from email messages to call notes - to maintain a record of your most recent communication, orders, or due payments along with other obligations. Work together with purchasing as well as merchandising teams to understand when orders and Payments are due.
Low Inventory Reporting
Receive automated insight into items that are reaching their low inventory threshold. Swiftly create new purchase orders or fine-tune the reorder quantities as well as suppliers to achieve new degrees of effectiveness.
Understand the right cost of the products and keep an eye on the margins for both domestic and worldwide sales by monitoring your entire landed costs per product, while not skipping freight costs, import duty, insurance, tariffs, as well as taxes. Find out your company's profits to scale business via cross-border trade.
Modify workflows in IWebSquare to fit the process that suits your requirements. Fix delivery dates (manually or utilizing lead time), and offer supplier accessibility to the web portal to take out manual tracking and data entry at your end. Additionally, simplify your purchasing functions with sophisticated automation.
Keep track of unit costs, margins, as well as revenue separately and for every vendor. Each supplier may have a distinct assigned price list or utilize a shared price list. Utilize the profit at a glance report to get a quick insight into your effectiveness, or dive further to assess historical data for each period.
Rely on inventory valuation and keep high asset values as well as profitability during times of inflation with updates to inventory costs in real time utilizing the FIFO (first-in, first-out) valuation method. All updates are instantly visible in your accounting journals. Therefore, inventory costing is always up-to-date.
Instantly process batch invoices by creating a single purchase invoice for several purchase orders in just a few clicks. Insert the supplier’s invoice number, and our accounting module will accurately update balances as well as purchase orders.
We provide the platform and infrastructure necessary to scale quickly and increase revenue, with everything under one roof.
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