Overview of SkuIQ

Sales Tracking is an essential feature that is used by businesses to monitor their sales activities and performance. It is a process that involves keeping a record of all the sales data and statistics, including the number of products sold, revenue generated, and customer information. This information is used to analyze and track the progress of a business, make informed decisions, and identify potential areas for improvement. Sales Tracking allows businesses to stay organized and keep track of their sales in an efficient manner. With the help of this feature,

In retail and e-commerce, returns management entails interacting with customers who want to return a product and collecting, arranging, and restocking inventory that has been returned or exchanged. Customer service, logistics, and inventory management all play a role in the returns management process. Returns management is not used for every client order and extends beyond the final delivery. You may drastically reduce losses by using undamaged returned items to replace warehouse inventory by carefully vetting and sorting returned products and working closely with suppliers. The proper implementation of this process allows management to manage the reverse product flow properly, discover possibilities to prevent unwanted returns, and maintain control over reusable assets like containers.

Connected Business's Multi-Location Accounting function helps businesses with many locations or branches to keep track of their financials per location. Some multi-location companies have forgotten how critical it is to reach out to local clients. When businesses first began marketing online, they assumed that nationalization would be the key to their success. As a result, they created massive websites to compete with online-only providers. They had some success, but they had to forego the benefits of targeting local customers. All of this was done to safeguard the company's brand and reputation while also saving money. The web, however, got more localized after that. With the introduction of the smartphone, more customers began contacting local companies via the internet. Reaching out to local customers became more vital than ever before.

The process of buying and selling actual goods and services through the internet is known as ecommerce. It entails the exchange of data or currency between multiple parties in order to complete a transaction. It's part of the larger electronic business industry, which encompasses all of the activities required to run a firm online. By providing cheaper and more effective distribution channels for their products or services, ecommerce has helped firms gain access to and develop a larger market presence. Users can use an eCommerce integrated system to perform all transactions, from registration to payment, using a single sign-on system (SSO). Because consumers don't have to switch platforms, they get a more smooth browsing experience, which helps you increase sales.

Customer Database is a vital feature of any software that allows businesses to store, organize, and manage information related to their customers in one central location. It is an essential tool for maintaining a strong relationship with customers while also helping businesses provide personalized services to meet their customers' needs effectively. One of the key features of a Customer Database is its ability to store detailed customer profiles. These profiles contain information such as contact details, purchase history, communication preferences, and any interactions that have taken place between the business

The process of procuring, maintaining, utilizing, and distributing a company's inventory is referred to as inventory management. This comprises the storage and processing of raw materials, components, and finished goods and the administration of raw materials, components, and final products. Balancing the hazards of inventory gluts and shortages is especially difficult for organizations with complicated supply chains and manufacturing processes. To achieve these balances (MRP), firms have developed many inventory management strategies, including just-in-time (JIT) and materials requirement planning, to achieve these balances (MRP). Because a corporation typically wants to sell its finished goods within a short time, typically a year, inventory represents a current asset. Before inventory can be included in a balance sheet, it must be physically counted or measured.

Purchasing is a method by which an individual or organization acquires goods or services to achieve its objectives. Despite the efforts of numerous organizations to establish purchase standards, processes can differ widely between companies. Procurement managers/directors and purchasing managers/directors are in charge of the organization's procurement methods and standards. The majority of companies base their purchasing systems on a three-way check. This entails three different phases of the purchase process being completed by three other divisions inside the company. The three departments do not all report to the same senior manager to avoid unethical tactics and provide credibility to the process. Purchasing, receiving, and accounts payable; engineering, purchasing, and accounts payable; or a plant manager, purchasing, and accounts payable are examples of these departments.