When it comes to money, make sure your business is in the black by driving profitability with Sage ERP X3 version 7. In the ultra-competitive industries of the 21st century, capital is necessary to stay pace with larger more heavily funded companies. This is why smaller companies need to promote cash-flow from within, by removing redundancies and inefficiencies in dealing with customers and sales opportunities.
But how is this done?
Protect your Margins
It is important to know your profit margins. However the most successful companies realize their profit margins from many different scopes, such as profit margins per customer, region, or time of year. The right ERP solution will give your company total clarity and the ability to track all costs, key performance indicators and create personalized dashboards for important information.
Master your Inventory
With a comprehensive ERP solution, know not only what you sell, but understand which products are selling the best. Use key insights and product information, to track changes in demand and strategize which products or services are best bundled together.
Maximize Cash Flow
A simple solution, such as automating payment collection can influence cash flow dramatically. Protect your cash flow by easily tracking who has paid and who still has outstanding balances on their account.
Expand Online Opportunities
Maintaining an online presence is quickly becoming the most important way to grow your customer base. With Sage ERP X3 version 7, remove the complication of coordinating your inventory with your website. Easily integrate all inventory from your ERP into your online platform and drive sales with updated real time product information for prospective customers.
Want to learn more how you can drive profitability with Sage ERP X3 version 7? Check out the video below.
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