QuickBooks is used by the majority of small and medium-sized businesses throughout the world, but many users ignore the full functionality that is available in this software system. If you are a wholesaler, manufacturer or distributor, mastering QuickBooks order management is one of the first objectives that businesses should have, since an efficient and streamlined sales order process for customer orders is the key to success in today's competitive environment.
Long ago, retail stores and manufacturers would typically buy a huge amount of items at once and then store those things in warehouses until they were almost out. Then, they'd restock with enough items to keep them in stock for months or even longer. This practice made it so that their wholesale suppliers didn't have to be too speedy when filling orders, and in some industries, it was typical for it to take several weeks for delivery.
Order processing software is a software system designed specifically to save businesses time in a significant part of the sales process: the order process. With proper online order software, your business can enjoy the following 7 benefits and use them to boost both profits and customer service.
If you are a small to medium sized business, there is a 95% chance that you are using QuickBooks for your accounting processes. After all, it is the number one choice for accounting in SMB's in 124 countries! And, there are good reasons for this. As the de facto standard, every bookkeeper and CPA is intimately familiar with it and how to manipulate its software to create useful and detailed reports that summarize financial information. It doesn't matter if you are using external financial consultants part-time, fully outsourced accounting firms, or utilize an in-house finance team, QuickBooks handles all of your accounting needs as you grow your business and expand your market share.
Technology has greatly advanced over the years. These advancements have been very beneficial to many aspects of a business. Along with allowing the business to save money and time, this new technology has also created a speedy way for businesses to fulfill orders.
Business owners do not want to think about returns and refunds, and for good reason. Not only can processing high numbers of product returns and refunds become extremely time consuming, but it can be very costly as well. In order to effectively reduce the number of returns and refunds your business experiences, efficient order management software is essential.
Being able to place, process, and track orders quickly and efficiently is necessary to the success of your business. An order management system is software that automates and streamlines the order taking process for your business. Implemented correctly, an order system can improve customer relations while reducing your costs. Here are some things you can do to optimize your system for your customers, sales reps and back office.
Moving merchandise faster has a lot of benefits to the end customer, the retailer, and especially to the wholesaler. You probably have most of the low hanging wholesale business improvements already in place, like smart warehousing, bar-coding, racking equipment, better transportation with same day or overnight deliveries, and special purpose software that speeds up the process of getting merchandise to where it’s needed.
Wholesale businesses working on small budgets know how important it is to streamline processes. Order management processes are no exception. An online ordering system for your sales reps and B2B customers can be one of the quickest and easiest ways to save time, increase customer satisfaction, and allow you to focus on growing the business.
Your sales team needs a sales portal for a very simple reason: Your inside and outside people are a team. Even in a small business, sales are rarely made by a single individual. A sales portal keeps your inside and outside people on the same page. Just as a sports team cannot function without a common playbook, your sales team will only reach their full potential when there is a common portal for them to use. Here is a breakdown of exactly how sales portals benefit sales teams.