For your wholesale business to thrive and succeed, you must stay ahead of your competition. As your business grows, the demand for your record-keeping, inventory, and employee workloads also increases. You need a way to grow that provides cost savings, flexibility, and scalability features. You need an efficient way to enter orders and process them. You need an order management system (OMS).
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 also be very costly. In order to effectively reduce the number of returns and refunds your business experiences, efficient order management software is essential.
Order management software is just one of many tools that can help your wholesale business run more smoothly. By enhancing efficiency and freeing your time to build your business, order management has many benefits. The following examples are just a few of the reasons it makes sense to invest in order management software for your wholesale customers and sales reps.
If your staff spends more than an hour or two a day entering orders or answering routine questions from sales reps and wholesale customers, you should consider order management software with an online sales rep portal and a B2B customer portal. The more time your employees spend on mundane tasks, the less time they have to spend on activities that will really help the business thrive.
Order management software is a must for keeping wholesale customer accounts organized and relationships with customers running smoothly. Inaccurate or late orders can lead to dissatisfaction among your customers and possibly lost business. To avoid these pitfalls, an online order management system allows you to integrate order entry and order processing and lets the customer reap the many benefits of a coordinated system. Here are just a few of those perks.
A good order system will automate some data entry, manage inventory, and stay up-to-date with real-time statistics on customer orders, products, and sales reports. A great order management system goes further.
Equipping your sales reps with the right tools empowers them to excel in their roles. It demonstrates your commitment to your products, your brand, and your dedication to meeting customer needs. Sales rep software is precisely such a tool.
More business means more orders. More orders mean more invoices. That means more forms, more data entry, and more transferring of information between different departments. It's easy for a form or piece of information to get lost in the shuffle.
If you are a small or medium-sized business owner, your company's growth is somewhat of a catch-22. Growth increases productivity and potential profit, but it could have the opposite effect on your business if you aren’t equipped to handle the growth. An order management system is software that automates order entry and processing and could be the solution to handling your increased workload.
Here are five signs that indicate an order management system is a wise investment for you:
Every business owner understands that inventory is a vital asset. QuickBooks, a robust accounting program, efficiently tracks your business finances while offering several versions that excel in inventory management. Selecting the correct version of QuickBooks is crucial for those running a product-based business. Utilizing the appropriate version can provide the necessary inventory accuracy and functionality, helping you sidestep the costs and complexities of additional inventory management software.
