General News

How to Raise Your Prices Without Losing Customers

Your prices and pricing strategy, in particular, needs to be reviewed regularly. You need to establish prices for your varied customer groups as well as your “special customers” so that your company is maximizing its overall profit margins. First, the review of your selling prices and margins is mandatory. A daily review of the Oneir Solutions New Order Reports as well as the Sales & Gross Margin Reports can provide opportunities to identify trends in your profit margin and profitability. Also through the Customer Sales Analysis Reporting you can analysis profitability and margins for your varied customer groups. This should allow you to identify opportunities to either increase or decrease pricing.
By |April 2nd, 2017|General News, Oneir News|0 Comments

Benefits to Automating Your Accounts Receivable – Part IV: Collection Administration

There will be times, despite the best efforts that you will need to contact a customer for payment. All the credit policy or interest charges in the world won’t change that. Once again having a clear policy on when to start collections is critical to getting payment faster. Your policy should cover:
By |February 22nd, 2017|Accountants Reference Page, General News, Oneir News|0 Comments

Benefits from Automating Your Accounts Receivables – Part III: Using Overdue Interest to Encourage On Time Payments

Do you know what the credit control policy of your company is? Do they have credit policies? It is sometimes revealing to ask these questions. Firstly many companies do not have any written credit control policies – apart from the need to be paid as quickly as possible. Often companies that do have credit polices do not disseminate them through the company, as often sales as well as credit departments need to know what these are. Again management often think that they have good credit control policies in place, but when junior staff are asked they tell that they are not allowed to follow the polices or that they are unworkable.
By |January 13th, 2017|Accountants Reference Page, General News, Oneir News|0 Comments

Benefits from Automating Your Accounts Receivables – Part II: Credit Policies

Do you know what the credit control policy of your company is? Do they have credit policies? It is sometimes revealing to ask these questions. Firstly many companies do not have any written credit control policies – apart from the need to be paid as quickly as possible. Often companies that do have credit polices do not disseminate them through the company, as often sales as well as credit departments need to know what these are. Again management often think that they have good credit control policies in place, but when junior staff are asked they tell that they are not allowed to follow the polices or that they are unworkable.
By |December 1st, 2016|Accountants Reference Page, General News, Oneir News|0 Comments

Benefits from Automating Your Accounts Receivables – Part I: Overview

Collecting Accounts Receivable is one of those jobs that no one wants, but it's a necessary part of doing business. Anyone running a business knows that if you don't get paid, you can't pay your employees or vendors, and that's not good.
By |December 1st, 2016|Accountants Reference Page, General News, Oneir News|0 Comments

5 Things Food & Beverage Processors & Distributors Should Demand from their ERP

Effective Order Placement

Being efficient at taking orders and making the process easy for the customer is the first primary item. Today customers want to be serviced…and they should be! The sales rep should know the customer and their buying habits. To this end, an “Order Guide” can be made available to the customer, detailing their purchasing history, broken down by product group, with the usage per period and their favourable pricing and the SRP.

Using the Order Guide as a basis for placing orders, the internal sales person can easily take customer order over the phone, or from a faxed or e-Mailed order. Optionally, the outside sales rep takes the order at the customer’s location using their laptop or I-Pad. Orders are transmitted to the warehouse and a confirmation e-Mailed to the customer. All these situations typically use the order entry/invoicing method for order placement. If the customers pick […]

By |October 19th, 2016|General News, Oneir News|0 Comments