Maintaining the company’s profitability by controlling product margin
The company’s customer database is created in the program. A card is opened for each customer, which indicates all types of contact, accounting, address, banking, and other information required for proper accounting of the sales process. Through integration with the Entrepreneur Registry, the program monitors the accuracy of the client company identification code, name, and legal form. In addition, the user has the ability to add completely new information fields and record all types of information relevant to customers. By grouping customers based on different parameters, it is possible to simplify the accounting of business relations with them and make a more detailed analysis.
For each client, be it a one-time sale or a long-term business relationship, it is possible to indicate agreed payment terms in the program. When there are several contracts with the same client, their separation is also possible technically, therefore at any time we can analyze the implementation of a specific agreement by both us and the client. The contract may also include an internal payment schedule, which is drawn up automatically, based on the input of amounts, period, interest, and other information. By creating reminders, we easily control debts, overdue days, have a transparent relationship with our customers and as a result, increase the company’s liquidity.
SAP reporting allows us to analyze sales based on products, customer segments, sales employees, projects, and periods. Obtain information on more profitable areas of activity and plan future sales properly. In addition, through the built-in BI system, it is possible to set sales plans based on employees, periods, products, and more. As soon as the program opens, we see the execution of the plan on the visual graph.
BDO Consulting LLC, a Georgian limited liability company, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.
BDO is the brand name for the BDO network and for each of the BDO Member Firms.
