Accounting Software for Pharmacy: Why integrate with POS & Stock Management?

An all in one business management software solution will fully integrate your accounting software for pharmacy, your point of sale, dispense, stock control and customer memberships. The challenges that Australian pharmacy businesses face in effectively managing these business processes are unique to the pharmacy industry. They include managing the dispense of prescription drugs, managing expiry dates and providing a high level of customer service, giving advice and guidance to customers based on their unique needs.

Pharmacy Business Management Software, or Enterprise Resource Planning (ERP) software is vital for the effective management of business processes in busy retail pharmacies. An integrated solution will “talk to” your accounting software for pharmacy and provide efficiently and transparency right through your business. This is especially true if you have multiple stores or have future plans to expand into multiple stores. Foresiight’s holistic ERP solution Alchemii has been fully customised and tailored for the unique requirements of the pharmacy industry.

There are many reasons why more Australian pharmacies are choosing to upgrade their Business Management systems. Here are 3 top reasons why.

Dispensary integration – Dispensary integration allows for the seamless transfer of dispensed lines from your dispensary software to your point of sale, for quick and efficient customer service.

Improve reporting accuracy – Because pharmacy Business Management software will automate your processes instead of relying on manual checking, reconciling and data-entry, where human error is inevitable, your business numbers will be a more accurate reflection of the real picture. With real time inventory update you’ll no longer be relying on manually updating retail sales at the end of trade. Instead you’ll be able to sync your point of sale data with your stock management for pharmacy software solution.

Improve business intelligence – How do you decide on your business strategy for the coming months and years? It goes without saying that the best business decisions are well-informed but often the data that pharmacy business owners or managers have available doesn’t give them the full picture. With the right all in one business management software solution in place you’ll be able to understand your pharmacy businesses’ strengths and weaknesses and make better business decisions. For example, by integrating your point of sale with your stock management software you’ll understand your best-selling retail products by season.

Find out more about Alchemii software, designed for pharmacies.

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