Sandy Hook, CT – April 20, 2020 – As we find ourselves adjusting to the “new normal” of today, having an ERP software with exceptional functionality and industry-specific features that save time and maximize operations is more important than ever.
Inform ERP’s advanced margin manager feature allows distributors to effortlessly build and maintain individual customer pricing and automatically maintain sell prices based upon the previous sales’ profit margin without the need to set up contracts or matrices. Automated margin price updates provide cost monitoring for real-time, sell price adjustments. Triggered monthly price review maintains margins using future costs and provides detailed reporting for Salesperson review and adjustment.
Inform delivers multi-dimensional price flexibility with 75 combinations by customer, product, product line, price group, vendor and more. Strategic adjustments can be made based on changing market conditions, allowing you to raise or lower prices by a percentage or to a specified percentage, choose which customers and products to adjust, and prevent customer price adjustments from exceeding a maximum profit margin.
In addition, Inform ERP offers a detailed contract manager with precise rebate tracking and reporting, and the ability to manage customer net pricing, vendor rebated costs and vendor rebated cost load. Contract/rebate costs can be used in conjunction with a separate sell price matrix or with separate margin-based customer prices for a uniquely low maintenance rebate management system.
Inform ERP’s built-in strategic pricing and margin manager features allow distributors to remain Fast, Smart & Strong at a time when operational excellence is imperative. Having a multi-dimensional pricing advantage will keep your company profitable and frees up time for you to address other priorities as you adjust to these changing times.
Learn more by visiting our Strategic Pricing page.