Key Features for Businesses Operating in the Distribution Sector
Omnichannel Sales Approach
ERP.net is built with a fully functional Omnichannel Sales Support to support and manage the work of distribution companies that operate through various touchpoints and in multiple channels. The system can capture orders from multiple channels, such as:
- wholesale order requests
- requests received on the phone
- point of sale (POS)
- field sales
- electronic data interchange (EDI)
By embedding omnichannel sales support in your business's inner workings, ERP.net enables vast integration and automation of the processes of customer communications and interactions, closing sales, receiving customer feedback, and much more.
Storing the complete communication and interaction history, customer records, and their orders and sales in a single place allows for the sales process to be conducted faster and more easily, regardless of where and when your customers and sales agents have previously interacted or currently do.
ERP.net provides each omnichannel sales agent with a real-time view of the inventory, order status for all orders, and the entire customer purchase history – discounts, loyalty programs and payments, etc. This way the sales staff can deliver to your customers a more accurate and timely service, increasing their satisfaction and loyalty.
Saving all sales data in one place, complemented by sophisticated business intelligence, arms your management with powerful analytics tools. Managers can use these tools and results to analyze sales across all sales channels, allowing them to make smart, adequate, and consistent decisions for an adaptive and stable future of your business.
Manage Your Supply Chain Timely and Efficiently
Utilizing The Logistics subsystem of ERP.net allows you to strictly and efficiently organize, track, and manage your product quantities, supplies and replenishments, customer shipments, and so much more.
Inventory Management System (IMS) in ERP.net provides you with full control of your inventory with many features available: current stock quantities, stock quantities at date, stock movements register, stock movements chronology log, and many other features.
ERP.net's IMS also covers all storage operations for managing stock quantities and movements between your stores. You can create store orders for arranging the receipt and issuing of amounts of goods to and from your stores when supplies or sales are delivered, as well as create the related store transactions which apply the changes to stock quantities when the actual receipt or issuing of goods takes place.
Inventory management lets you do reconciliations on your stock quantities, transfer goods between your stores when necessary or desired, apply cost corrections, track goods by lots, and many others.
The Planning module returns reports for quantities that are available to promise, so you can plan ahead your purchase and sales orders and fulfill your promises to get more satisfied customers.
Available to promise feature of ERP.net tracks the full product quantities and the unallocated quantities which your store holds in stock in order to give you a better grasp on what you can do for your customers in the near and more distant future.
The Shipment module allows you to plan and arrange the shipment of goods to your customers - whether you are using internal or external transport. The module enables you to automatically or manually create orders for shipping goods to customers, as well as create the actual shipment documents for the goods transportation from the warehouse to the customer. Shipment of ERP.net helps you tailor the shipment details to the customer's requirements described in the Sales order.
Procurement of ERP.net allows your workers and other users to create requisitions for material supplies when such are needed to avoid downtime.
You can select which requisitions you want to be processed by the module to automatically form new purchase orders, as well as manually create purchase orders if desired. The module allows processing of purchase orders collectively in the same way to prepare receiving orders for receipt of goods based on them.
This situates the full operational cycle of processes for requesting, ordering, and receiving new material supplies in a single place, providing more stability, traceability, and ease of daily operation controls.
Financial, Accounting, VAT, and Excise modules
ERP.net all-in-one platform offers your distribution business all financial and accounting tools and features to complete your cycle of operations. The accounting and finance subsystems give you the tools to control and store your transactions, issue invoices, track customer payments, and gain insight through financial analysis and reports.
The Accounting module supports the bookkeeping, closing entries, currency transactions, and other accounting operations. As it is fully integrated within the core of the platform, any changes made or new records created in the other subsystems automatically act upon the accounting records, eliminating any need for double data entry.
The Financial Analysis Module provides detailed financial statements reports to monitor company revenue, costs, and balances through time. Financial analysis facilitates tracking and measuring of key financial indicators, as well as gaining profitability insight into sales and assets. The reports enable you to identify patterns and trends in your business affairs. This allows you to easily track your company's financial situation, the company's growth, as well as plan your financial policies.
The VAT module automatically creates VAT log entries for purchases and sales, as well as VAT returns or VAT declarations. The module periodically fetches data from ERP.net and uses it to automatically create all necessary official tax documents, arranging them in a ready-to-submit form that meets all state requirements. With the help of the VAT module, you can accelerate the processes of preparing and submitting your tax documentation to your national revenue agency.
ERP.net now features the Excise module, which helps you manage and trade products that are subject to excise duties. Excise module allows managing your tax warehouse, products you distribute that fall under excise duties charging (Excise Products), categories containing such products (Excise Product Categories), as well as managing excise stamp operations and lots. The module is also useful for preparing excise electronic administrative documents (eAD) and excise declarations and exporting them for submitting to customs and national revenue agencies.
ERP.net Fixed Assets is another finance module that allows you to track and control all financial aspects of fixed assets, get fixed assets reports, automatic depreciation schedules, acquisition, and sale of fixed assets.
The Payments module gives you an opportunity to monitor and manage incoming and outgoing cash flows. The module provides a view of the payments made to and from parties, as well as the obligations of your customers to you and your obligations to your suppliers. Payments also provides payment reports. These include the existing accounts receivables and payables, deadlines for all payments, document types which created the obligations, and others.