It’s hard to find a business owner who isn’t using technology when it comes to business management. From keeping track of inventory to accounting and fulfilment, business owners are using technology to automate processes in their day to day operations.
State of the art business technology is no longer the sole domain of major global corporations. In fact, most small-to-medium sized businesses are already investing in one form of software or another.
Inventory and supply chain management are areas where the right kind of system can improve overall business efficiency, cash-flow, and ultimately, the bottom line.
For a business that has yet to embrace these benefits or that may be planning to upgrade outdated or obsolete systems, the question is: when’s the best time to make that move?
Identifying the optimum time to shift from a manual or spreadsheet system to business automation software could be instrumental in taking your business to the next level. Here are three signs that may suggest it’s time to upgrade your business technology:
Whatever the size of your wholesale business, we are confident that you will benefit from implementing the following technologies into your operation. These industry standard systems have the built-in flexibility and adaptability that will take your business to the next level of growth and productivity.
Thanks to the flexibility of Xero accounting software, small and medium sized wholesale businesses are able to directly link the system to every financial aspect of their business operations. A user-friendly interface and the ability to integrate with many existing software packages ensure that your business runs smoother.
For example, if you’re using an inventory and order management system like TradeGecko, you can create purchase and sales orders that are automatically pushed to Xero for payments. And at the end of every day, you’ll receive a single bill on Xero that includes shipments, received purchase orders, and stock adjustments.
If your business deals in wholesale, the TradeGecko inventory management software is the system that was made with you in mind. It is powerful yet easy to use, and because it utilizes the latest cloud storage technology, it won’t use up all your available hard drive space.
It also integrates with accounting software like Xero, fulfilment software like Shipstation, and eCommerce shopping cart platforms like Shopify. With all your orders and inventory accounted for in one place, you’ll be able to focus on growing your business from a single dashboard.
If you’re a wholesaler, having a 24-hour storefront would let you sell to anywhere in the world, regardless of time-zone differences. It’ll help your business build its online presence, while making it easy for your retailers to purchase the products they need from your website.
The TradeGecko eCommerce shop comes with all the features that your B2B operation needs for seamless integration with the rest of your business. With custom pricing and the ability to sync your inventory across all channels, the eCommerce shop provides the perfect solution to selling your products online.