Effective stock management for auto parts stores can make or break profitability. This guide explains the best inventory practices, common challenges, and how ProfiitPlus helps retailers and wholesalers manage stock smarter.
ProfiitPlus Version 5 is here!
We are excited to announce the general release of ProfiitPlus v5 🎉
Built on the same trusted ProfiitPlus platform you already know – no steep learning curve required. Simply start with the features that make most sense for your business now and explore more as your needs grow.
We’ve been working hard behind the scenes to bring you exciting updates, including:
Brand New Sales Document Manager
The new Sales Document Manager centralises and organises all your Invoices, Orders, Jobs and Quotes – making them easy to access and update. Advanced filtering lets you quickly narrow down documents to find exactly what you need, fast.
Email Invoices to Your Customers in Bulk
A much-requested feature has arrived! Now you can multi-select invoices to send to customers in bulk, saving valuable time and boosting your efficiency.
Upgraded Dashboard Experience
Designed for business success. Our upgraded dashboard puts the information you need front and centre. With sales, purchasing, and financial views, it’s built to show you exactly what you want to see, when you need it.
Advanced Reporting with Microsoft Power BI
Our enhanced Microsoft Power BI integration takes your reporting to the next level. See key business insights at a glance and drill down to the detail. Create custom dashboards so you can keep your finger on the pulse, from anywhere, on any device. Ask your support consultant to see this exciting addon in action.
64-bit Software Architecture
Take full advantage of your 64-bit processor with our newest ProfiitPlus release. Built with native 64-bit support, so you can experience optimised performance when running large data queries and multi-tasking operations.
Brand New eCommerce integrations with Shopify and WooCommerce
Introducing our latest eCommerce integrations, Shopify and WooCommerce! Added alongside the existing Magento and Neto integrations, you now have even more choice when it comes to selling online. Seamlessly connect ProfiitPlus with these powerful platforms to expand your sales channels, streamline operations, and boost profits. Call today to learn more about this powerful addon.
Plus Over 50 New Features and Improvements
In ProfiitPlus v5 you’ll discover all our latest features and improvements, designed to make your experience smoother, more efficient, and more powerful than ever. From enhanced functionality to improved performance, these updates help you to streamline your workflow, save time, and get better results. Unlocking new possibilities for your business every day.
More Features and Enhancements
We’ve added many more of the features and enhancements you’ve been asking us for, to make your ProfiitPlus even better!
➕ Brand-new interactive Debtor Management screen in Accounts Receivable
➕ Improved Creditor Payments Manager in Accounts Payable
➕ Optimised Main Menu launch for quicker startup
➕ Optional EFTPOS surcharges now supported in Invoicing and Payments
➕ Additional control over price overrides from Cash Register for better pricing compliance
➕ Customer Special Pricing now supports negative percentage Price Breaks (levies)
➕ Stocktaking includes new options to focus on Items with negative on-hand quantities
➕ Streamlined “mark for deletion” workflow for removing old products
➕ Maintenance Records module updated visually, with new options for Electric & Hybrid vehicles
➕ Smarter Stock Receipts posting – now auto-closes POs where the same Stock Item appears on multiple lines
➕ Edit Stock Items screen performs better across scrolling, tab switching, and adding new Items
Love the technical stuff? We’ve got you covered too!
➕ New support tool: ProfiitPlus Task Manager
➕ Re-engineered posting of Sales Invoices & Payments batches for improved robustness
➕ Significant performance gains when posting Stock Adjustments – especially after large stocktakes
➕ Support for the latest Windows OS, including Server 2025, Windows 11, and more
➕ Upgrade to the latest List & Label document form designer
…and many more improvements and new features!
Ready to take your business to the next level?
We have a range of version 5 packages to choose from. To find out what package suits your business needs email us at solutions@foresiight.com.au or to speak with one of our friendly consultants please give us a call on 07 3356 2772.
Let’s make your transition to ProfiitPlus v5 seamless and valuable.
Supplier Prepayments
Prepayments are used to record payments made to suppliers where an invoice will be supplied in the future.
Accounts Payable | Payments | Enter/amend Prepayments
- Enter Batch date and Period
- Select Add
- Supplier ID: Select Supplier
- Document #: Enter a document number, if using the invoice number, prefix with PP to make the number unique
- Dated: Payment Date
- Amount: Payment amount in AUD.
- NOTE: If payment is for a import supplier and payment is made in foreign currency, enter this amount in Foreign Amt and enter conversion factor at time of payment
- Select Bank account (if not the default)
- Reason: Enter reason for prepayment, for example: Prepay Inv#123456
You can continue to add multiple payments, once finished select Process Now. Click Yes to indicate you have finished the prepayment batch, view the journal & print if required and click OK to post.
The supplier prepayment appears in RED in the Accounts Payable enquiry screen and effectively sits as a credit note. When the invoice is received you can then enter the invoice as normal and use transaction matching to apply the prepayment to the invoice.
Microsoft Power BI and ProfiitPlus
Looking for a clearer picture of your business? Now you can transform your key data into clear, visual insights — from top customer lists to staff performance, sales trends, or stock movement. All in dynamic graphs and charts.
What is Power BI?
Microsoft Power BI is a business analytics tool developed by Microsoft that enables users to visualize data, share insights, and make informed decisions through interactive reports and dashboards. Power BI lets you easily connect to your data sources, visualize and discover what’s important, and share that with anyone or everyone you want.
You can sync your ProfiitPlus or Alchemii data into Power BI and view results anytime, anywhere using the Power BI applications. These include;
- Power BI Desktop – Windows application for creating reports and data models
- Power BI Mobile – Mobile apps for Windows, iOS, and Android devices to view dashboards on the go
- Power BI Service – Cloud-based platform for sharing, collaborating, and viewing reports
Sample view of a generic Power BI dashboard.
How does Power BI connect to my data?
Foresiight has developed a connectivity process to get your system hooked up to Power BI, with an automatic synchronisation schedule.
We also have some great core dashboards to get you started with easy BI visualizations on the go!
These can be further extended and customised to suit your specific business needs. And the best part is, it is a very cost-effective option.
Power BI Features
Data Visualization:
- Create interactive charts, graphs, and maps.
- Offers drag-and-drop capabilities for building reports.
Data Connectivity:
- Connects to various data sources: Excel, SQL Server, Azure, SharePoint, Google Analytics, Salesforce, and more.
- Supports cloud-based and on-premise data sources.
Dashboards and Reports:
- Combine visual elements into dashboards that can be shared with others.
- Reports can be interactive and filterable.
Collaboration and Sharing:
- Easily publish reports to the Power BI Service (online platform).
- Collaborate with teams and share reports securely.
AI Capabilities:
- Includes built-in AI features like natural language queries (“Ask a question”), image recognition, and predictive analytics.
More information
For details and pricing, email us at solutions@foresiight.com.au or call (07) 3356 2772.
A New Generation Is Coming: ProfiitPlus Version 5 – Launching Soon!
Level up your business with advanced new features & functionality
The new ProfiitPlus Version 5 is almost here! We’ve been working hard behind the scenes to bring you exciting updates!
Brand New Sales Document Manager
The new Sales Document Manager centralises and organises all your Invoices, Orders, Jobs and Quotes – making them easy to access and update. Advanced filtering lets you quickly narrow down documents to find exactly what you need, fast.
Email Invoices to Your Customers in Bulk
A much-requested feature has arrived! Now you can multi-select invoices to send to customers in bulk, saving valuable time and boosting your efficiency.
Upgraded Dashboard Experience
Designed for business success. Our upgraded dashboard puts the information you need front and center. With sales, purchasing, and financial views, it’s built to show you exactly what you want to see, when you need it.
Advanced Reporting with Microsoft Power BI
Our enhanced Microsoft Power BI integration takes your reporting to the next level. See key business insights at a glance and drill down to the detail. Create custom dashboards so you can keep your finger on the pulse, from anywhere, on any device. Ask your support consultant to see this exciting addon in action.
64-bit Software Architecture
Take full advantage of your 64-bit processor with our newest ProfiitPlus release. Built with native 64-bit support, so you can experience optimised performance when running large data queries and multi-tasking operations.
Brand New eCommerce integrations with Shopify and WooCommerce
Introducing our latest eCommerce integrations, Shopify and WooCommerce! Added alongside the existing Magento and Neto integrations, you now have even more choice when it comes to selling online. Seamlessly connect ProfiitPlus with these powerful platforms to expand your sales channels, streamline operations, and boost profits. Call today to learn more about this powerful addon.
Plus Over 50 New Features and Improvements
In ProfiitPlus v5 you’ll discover all our latest features and improvements, designed to make your experience smoother, more efficient, and more powerful than ever. From enhanced functionality to improved performance, these updates help you to streamline your workflow, save time, and get better results. Unlocking new possibilities for your business every day.
Ready to take your business to the next level?
Sign up now to unlock priority onboarding and be the first to hear about our upcoming Launch Packages. More details to follow soon.
To sign up for priority onboarding and be kept in the loop about launch deals, please email solutions@foresiight.com.au
Selected Images Designed by onlyyouqj @ Freepik
Creating an Invoice or Credit in Accounts Payable
Accounts Payable invoices are used for entry of non-stock invoices and credits, the detail lines are allocated to General Ledger codes.
These transactions can be transaction matched to another invoice or credit or allocated in a payment run.
You may want to consult your accountant/bookkeeper regarding General Ledger accounts to be used when creating Invoices/Credits for clearing account discrepancies such as bad debts or rounding.
Open Accounts Payable | Maintenance | Enter/Edit Invoice Batches
Click the New button to begin a new AP Invoice Batch
Add the following header information for this batch:
- Batch Date (defaults to today)
- Financial Period (defaults to current period)
- Batch Total
Each batch may contain 1 or more Invoices/Credits.
In the Invoices grid, enter the following information for each Invoice/Credit that you wish to process:
- Supplier ID
- Invoice Number (always enter an invoice number that is unique to this Supplier)
- Invoice Date
- Due Date
- Description
- Amount – total will be positive for an invoice and negative when creating a credit note
- Settlement discount (if applicable)
In the Detail grid select the appropriate GL account/s and update the GST where applicable. More than one GL account can be used per invoice to break up the expense.
Once you have double checked the details entered, select Process Now – then follow the prompts to print and post.
Your Invoice (or Credit) has now been created on the Creditor account and will be posted through to the General Ledger.
Are you ready for June 30?
Top tips for end of financial year
Our team has compiled a handy list of tasks, reports and checks to help you prepare for end of financial year.
If you’d like some 1-on-1 assistance with your EOFY, you can book a training session with a Foresiight Consultant.
Things you can do NOW
✔️ Review Open Documents
Now is a great time to tidy up any unfinished work. Check for open documents using the following reports.
Sales Orders & Invoicing
- Reports | Sales in Progress | Work in Progress report – check for unfinalised invoices and jobcards.
- Reports | Sales in Progress | Sales in Progress report – check for unfinalised sales orders/backorders.
- Sales | Invoice & Payments Journal – check for any unposted invoices from previous days.
Stock & Purchasing
- Receiving | Print Stock Receipts Proof list – for any unbalanced supplier invoices.
- Receiving | Print Unposted invoices list – for any unposted supplier invoices.
✔️ Perform a Stocktake
Most businesses will perform a full stocktake at or around end of financial year. This is necessary in order to provide your accountant with an accurate stock valuation, and to report movement in stock value from the prior year. Your StockMate mobile scanner will be a necessity at this time of year!
✔️ Run AR & AP Reconciliation Reports
The reconciliation reports will compare the movement from each module to the control account in General Ledger and display any variances. The reconciliation reports can be found in each module under Reports | Reconciliation Reports, there are several options, single period view, month by month view and all periods from selected period. If there are any variances between the ledgers and the GL control accounts please seek assistance. You can contact your accountant, or book some consultancy time with one of our consultants.
✔️ Run AR & AP Sub Ledger Verification Reports
This is located in General Ledger | Reports | Reconcile to AR/AP Ledgers and ensures all batches posted from AP and AR modules have been posted successfully into the General Ledger.
As above, if you find a discrepancy here, seek advice asap or book a consultancy session.
✔️ Run Trial Balance and ensure the movement columns balance
If a year-end close has not been performed for the previous year, there will be an imbalance in the Trail Balance columns. Your debit and credit movement columns should always balance. Where there is an imbalance between the debit and credit movement columns, this will most likely be due to an unbalanced batch. The Transaction audit report has an option to show unbalanced batches only. Seek specialist advise if this is not the case.
✔️ Check Stock Valuation matches the GL Stock Accounts
Run your Stock Valuation report and compare this to the value of stock in your Balance sheet (consolidated version). This provides two different views of the net value of your stock on hand. It is not unusual to have small differences due to timing, but generally the two numbers should remain relatively closely aligned. It’s best to check this early – don’t wait until after year end.
One reason why you might find an imbalance is if you have made manual adjustments to the Average Cost of any products throughout the year and not adjusted the General Ledger to reflect this. You may need to do some end of year journals to bring this valuation back in line. This is best done after a full stocktake, unless you have been performing regular rolling stocktakes – in which case you might do smaller monthly journals throughout the year. Contact your Accountant if you are unsure.
✔️ Catch up on your Purchase Invoices
Ensure that all Purchase Invoices and Delivery Dockets have been entered, wherever possible. Enter your stock Invoices via Stock & Purchasing and your non-stock Invoices via Accounts Payable. You’ll want to have your stock and accounts all up to date when end of year comes around.
Tasks to complete on June 30
✔️ Post all Sales Invoices and Purchase Invoices
At the close of business, post all Sales Invoices and Purchase Invoices where possible. If your system is configured for overnight posting, ensure that you are able to take a backup after posting and before trade starts for July 1. You can manually post in Sales Orders & Invoicing | Sales | Update Sales & Payments.
✔️ Run your AR and AP Aged Balances Reports
These reports can’t be printed retrospectively so if you need these reports for your accountant, run them now. Note that you can save them to PDF, Excel or Text file for future use. It is a good idea to be doing this on a monthly basis in case you need to refer to previous months’ reports.
✔️ Run a Stock Valuation Report
At close of business on June 30, run your Stock Valuation report and save it to PDF or Excel. Again, it is a good idea to run this report at the end of each month and save a copy.
✔️ Open the new Financial Year
To open the upcoming financial year, go to General Ledger | Periods | Open/Close Financial Periods and in the box in the lower-right corner, type in the year and click OK. This step can actually be done at any time in the lead up to the new year.
✔️ Update your AP Period
If most or all of your Purchase Invoices have been entered for June, you can now update your AP period. Note that you can still manually change the period on individual Invoices during stock receipting if you need to back-date or forward-date an Invoice. AP | Monthly | Update current AP Period.
✔️ Update your AR Period
As per your normal end of month process, you’ll want to update your AR period ready for trading the next day. AR | Monthly | Update current AR Period.
✔️ Take a Backup
It is best to take a full backup of your data as at 30 June, in case this is needed down the track. It may also be a good time to copy to the Training system. This can be handy in the coming days if you’ve forgotten to run any reports. You can copy to training via Administration | Other | Copy to Training System.
You’re all set for EOFY!
Following these steps will help make your End of Financial Year as smooth as possible. Every business is different, so there are sure to be other things that you’ll want to include in your own end of year process.
If you’d like a refresher on any of these processes, or if this is your first EOFY, you can book a training session with a Foresiight Consultant.
Support Help Desk: Here’s Everything You Need to Know to get Expert Advice
Whether you’re a new customer or have been with our Foresiight family for years, our Support Team is here to help you every step of the way.
In this article, you’ll find everything you need to know to help our friendly Support Team solve your requests, including how to lodge a ticket, what information to include and the best ways to reach us. We’re here to make your experience with ProfiitPlus as simple and easy as possible.
Lodging a Support Ticket via the Client Portal
You can submit a support request via the Client Portal – this is the best way to get your request into the queue for our team to assist with.
We strongly advise including as much detail as possible. Think of your query like a jigsaw puzzle; the more pieces of the puzzle you give us, the faster we’ll be able to solve your query!
Lodging a Support Ticket via Email
Submitting your ticket via an email is another option. You can do this by emailing support@foresiight.com.au and a ticket will automatically be created in our ticketing system.
If you use this method, it’s important to make sure your email includes enough information for us to help out the first time around!
What Kind of Information Should I Include?
- Give your emails and tickets a meaningful Subject/Title.
- Include a clear description of the issue – Give as much detail as possible.
- Attach relevant screenshots – A picture paints a thousand words. Make sure your screenshots are clear. Let us know which module the screenshot is from, and the steps you took to get there (see next bullet point) so we can replicate and troubleshoot on our systems.
- Tell us what workflow you followed. Give us a map, we love a good map! E.g Accounts Receivable | Payments | Enter/Edit Banking Batches.
- Include information such as: Document Numbers, Customer Codes, Batch Numbers, Dates, Usernames, Supplier Codes, Stock Codes, Module(s) – Provide as much identifiable information as possible. There’s no such thing as too much information!
- Please ensure that any scanned documents, such as reports, have legible handwriting and that any relevant lines or rows are clearly highlighted.
- Are you receiving an error message? If yes, please send us a screenshot. Error messages are like clues that point us in the right direction.
The more details you can provide, the faster we can resolve the issue.
Contacting Support by Phone
Our support phone number is (07) 3356 2772. Before you call, please have a TeamViewer connection open with your ID ready to provide for us to log on. The quickest and easiest way to open TeamViewer is by navigating to your ProfiitPlus or Alchemii Main Menu | Help & Support | Activate Online Support.
This is best for urgent issues such as you are locked out of your system, or you have an issue that prevents you from using your system at all. For all other enquiries, please consider lodging a Support Ticket.
Voicemail: Please leave a clear voice message with your name, phone number and a detailed explanation of your query.
Self Help AKA The Knowledge Base
You can find a huge range of helpful documentation, updates, and additional resources in our Knowledge Base. You can access this library by logging into the Client Portal. Here is the link: http://ppsupport.com.au/.
You will need to will use your registered email address as your Username to login. If you’re unsure of what your Username is, or if you need to register your email address, please contact the Support team by email or phone to request access.
If you have forgotten your password, please click the ‘I forgot my password’ link and you will be sent an email to reset your password.
Understanding Support vs. Professional Services
What’s the difference? Visit this post to get a detailed explanation of both Standard Support or Professional Services? | Foresiight Software
Support: General assistance with system usage, troubleshooting, and minor configurations.
Professional Services (billable): Targeted training sessions (online or in person), business consultancy, major configurations, custom development, reporting and analytics.
Knowing the difference between the two helps manage expectations and ensures the right consultant is available to help you with your query.
If you are interested in training or consultancy please call or email the Foresiight team, or lodge a work request ticket via the portal to arrange a session.
Support Hours
Our Brisbane based team is available Monday to Friday, 8:30 AM – 5:00 PM AEST.
We’re committed to making your support experience with ProfiitPlus as seamless and stress-free as possible. By following the steps outlined above, you’ll be well equipped to get the assistance you need, quickly and efficiently!
If you have any questions, please contact us. We’re here to help and look forward to supporting you!
Selected Images Designed by Freepik
Helpful Tips for Stocktaking
Here are some helpful hints and reminders to make all that counting worthwhile.
- Ensure that all Stock Receipts (Purchase Invoices / Delivery Dockets) have been entered, if those products are to be counted.
- The optimal time to perform a Stocktake is outside of trading hours – it’s difficult to accurately count your stock when customers are walking around your store with a basket full!
- Remember to set your Stocktake Freeze Point before you start counting. This takes a snapshot of the current quantity On Hand for all stock at this point in time. Later, when the Generate Stocktake Adjustment Batch process is initiated, this snapshot is what is used to determine the difference between your “theoretical” On Hand quantities and your “physical” counts in order to determine the required adjustment quantities.
- Take note of committed stock (i.e. products that are on an incomplete Invoice or Jobcard):
• Where the stock is committed prior to being counted, the committed quantity must be added onto the count.
• Where the stock is committed after being counted, the committed quantity must be ignored - Use your StockMate Device! It will save a huge amount of time and reduce errors when compared to using paper-based Stocktake Worksheets.
- If you generate an Interim Stocktake, any products that are not counted will not be adjusted. If you wish to bring a product back to nil on hand, you will need to enter a Stock Count of zero.
- Make use of the List of Items Without Count report – this will be useful when stocktaking by Supplier or by Product Group.
- Check your Stocktake Discrepancy Report – it is advantageous to run your eyes over this report to ensure counts are accurate, double-checking any high value products as well as those with a large discrepancy to be adjusted.
What is the difference between Interim and Full Stocktakes?
Interim Stocktake – will adjust only items that are counted.
Full Stocktake – will adjust all items. Items with a quantity on hand, but no count entered, will be adjusted back to zero.
Always take a database backup before processing a Full Stocktake
Stocktaking Steps Quick Overview
- Set a Freeze Point before beginning the stocktake
- Print Stocktake worksheets and record your counts, or use StockMate mobile to record your counts
- Run the List Items without Count report to check if anything has been missed
- Run the Stocktake Discrepancy Report to see what adjustments will be generated
- Generate your stocktake adjustment batch
- Print and Post the adjustments Journal
You can read our full knowledge base article on Stocktakes on the Client Portal – or call the Foresiight team to book in a training session with one of our consultants.
Our Town Fencing & Foresiight – Celebrating 20 Years Together!
🎉 Celebrating 20 Years Together! 🎉
This year marks two decades of partnership between Foresiight and Our Town Fencing.
We’re proud to support their growth with reliable business management solutions—and grateful for the trust and collaboration over the years.
Here’s to continued success! 🙌
Paperless Office – Reduce Filing, Save Time & Money
Sick of filing paper documents?
It’s time to go paperless!
Why Go Paperless?
Save money by eliminating the cost of printing. Save time by retrieving documents with a single click without time spent shuffling through filing cabinets. Do your bit to help reduce your environmental footprint and reduce stationary costs.
The Paperless Office add-on provides a great way of collating information into a digital container, like a filing cabinet, that can be easily accessed and searched. Adding new information (documents) is as streamlined and effortless as it should be, and the new copy and paste support makes it easier than ever!
Paperless Office capability is integrated into various modules throughout ProfiitPlus & Alchemii. The “Paperless Office” button allows you to easily store and retrieve PDF’s, spreadsheets, images, and many other types of documents in the areas of the system you do most of your work. These areas include:
Customers
Suppliers
Purchase Invoices
Quotes / Orders / Jobs / Invoices
A/R Accounts
A/P Accounts
General Ledger Accounts
and more…
For more information on Paperless Office or to activate this module now, email us at solutions@foresiight.com.au or call us on
Stocktaking with your StockMate Device
From the StockMate main menu, select Stocktakes.
On this screen the active field is Scan Barcode, you can scan your item or enter the barcode manually here.
If the item is found in the database then the description will be displayed. From here you can enter the stock count. Select the Save button to add the new record.
In the same screen you will also see your committed stock and the qty. It will also tell you when your last stock freeze was set.
Continue to scan as many items as is required. You do not have to scan all items at once and you can use other features on the StockMate before you upload the stocktake counts.
When you are ready to finalise your stocktake count, press View. You will be presented with a list of all items you have entered. You can also select what order you want the items entered into the system. Order by Entered options include; Entered, Item Code or Description.
If you find you have made an error, you may remove a single count by pressing the red X (cross) on the corresponding record. You will be prompted for confirmation.
Additionally, you may remove ALL counts by pressing the Delete All button. Again, you will be prompted for confirmation.
Once you are satisfied with your stocktake list, press the Submit All button. Confirm to submit, or cancel to go back.
The StockMate server will now commit these counts to ProfiitPlus/Alchemii, ready for processing.
Multiple stocktake submissions can be made from StockMate which will accumulate into the ProfiitPlus/Alchemii stocktake area.
In ProfiitPlus/Alchemii go to Stock and Purchasing | Stocktake | Read StockMate for Stock Counts | Process Counts from Stockmate.
You will see an entry for each StockMate file waiting to be processed. Highlight the file to be processed.
Select View to see the data from the selected file.
Select Remove Counts to remove any previous stocktake counts already queued in ProfiitPlus.
Select Go when ready to process the file.
Once processed the form will close. Continue with normal ProfiitPlus stocktake procedure.
Full stocktake user guide can be found under the Stock & Purchasing Articles in our Client Portal.
Stock Management for Mower Stores: How Inventory Software Powers Growth
Running a successful mower and outdoor power equipment store requires more than just quality equipment and expert advice. Behind the scenes, stock management for mower stores is the engine that keeps your business running smoothly. From chainsaws to ride-on mowers and spare parts, having the right products on hand — and knowing exactly where they are — is crucial.
Yet for many mower businesses, managing inventory manually or using outdated systems leads to challenges: missed sales, overstocked shelves, and frustrated customers. That’s where modern inventory management software steps in, offering powerful tools tailored to the unique needs of mower and small engine retailers.
The Common Stock Management Challenges in Mower Stores
Mower and small engine retailers face a unique combination of stock-related complexities:
- High SKU Variety: Between models, brands, and accessories, even a small store can carry thousands of items.
- Seasonal Demand: Sales peak during specific times of year, meaning you need to forecast and stock smartly.
- Parts Tracking: From spark plugs to air filters, keeping tabs on small parts is notoriously difficult.
- Service & Repairs: Managing parts used in workshop jobs must be seamlessly integrated into stock control.
- Serial Number Tracking: For warranty and compliance, keeping accurate records of serialized items is essential.
Without efficient stock management for mower stores, these complexities can lead to stockouts, overstocking, lost time, and lost revenue.
How Inventory Management Software Solves These Problems
Modern inventory management software, like Foresiight’s ProfiitPlus, is built to simplify and streamline every aspect of stock control. Here’s how it makes a difference:
1. Real-Time Stock Visibility
See exactly what’s in stock, across multiple locations, at any time. Instantly know when it’s time to reorder, and avoid disappointing customers with stockouts.
2. Automated Ordering & Forecasting
Use sales history and seasonal patterns to automate purchase orders and maintain optimal stock levels — ensuring you’re ready for demand spikes without overstocking.
3. Integrated Workshop Job Costing
When workshop staff use parts for repairs or servicing, inventory is automatically adjusted. This helps avoid stock discrepancies and gives clear visibility into workshop profitability.
4. Serialised Item Tracking
Track the serial numbers of large equipment for warranty, returns, and compliance purposes. Know who bought what — and when — with a few clicks.
5. Barcode Scanning & Mobile Tools
Speed up receiving, stocktaking, and point-of-sale operations with barcode scanning and mobile inventory tools, reducing human error and saving time on the floor.
6. Powerful Reporting & Insights
From turnover rates to supplier performance, smart reporting helps you make better purchasing decisions and spot slow movers or fast sellers early.
Example Stock Control & Ordering Flow for Mower Stores…
- 🔽 Customer Purchase
- ➡️ Stock Automatically Depletes
- ➡️ System Checks Minimum Stock Level
- ➡️ Purchase Order Generated
- ➡️ Supplier Fulfills Order
- ➡️ Stock Received & Updated in System
- ✅ Stock Reports Updated
- ✅ Stock Forecasts Adjusted
Keeping Your Stock List Up to Date
To accurately control stock management for mower stores, it’s important to keep the stock list up to date with new products, as well as decommissioning end of life products.
Many OPE industry suppliers provide electronic price files that can be easily imported into systems such as Foresiight’s ProfiitPlus. Using flexible price file import tools, the time required to add and update products can be slashed while ensuring accuracy of pricing and margins.
The Bottom Line: Smarter Stock, Better Business
Inventory is often one of a mower store’s largest investments — but it shouldn’t be a source of stress. With the right system in place, stock management for mower stores becomes a competitive advantage, not a burden.
Whether you’re a single-store operator or running multiple locations, investing in industry-specific inventory software like Foresiight’s ProfiitPlus can help you:
- Improve customer service
- Reduce carrying costs
- Streamline operations
- Drive profitability
In a business where margins matter and efficiency is key, the right inventory tools aren’t just helpful — they’re essential.
Learn more about the Outdoor Power Equipment industry
The Outdoor Power Equipment Association (OPEA) promotes the growth of the Australian Outdoor Power Equipment Industry for the benefit of all participants in the supply chain from manufacturers to consumers.
25 Years Strong – Norstate Industrial Supplies & Foresiight
🎉 25 Years Strong! 🎉
We’re proud to celebrate 25 years of partnership between Foresiight Software and Norstate Industrial Supplies.
A quarter-century of trust, growth, and shared success—built on reliable business systems and a commitment to doing things better.
Thank you to the team at Norstate for your continued partnership. Here’s to the next chapter!
Making the Move: Why Expert Data Migration Matters When Changing your Business Management System
Managing a small business can be overwhelming. Keeping track of inventory levels, sales, and financials while ensuring smooth business operations requires a reliable system. Without the right tools….
ProfiitPlus: A Smart Business Management Solution
Managing a small business can be overwhelming. Keeping track of inventory levels, sales, and financials while ensuring smooth business operations requires a reliable system. Without the right tools….
Maximizing your eCommerce potential to reach more customers
Over the past few years, consumer behaviors have changed dramatically and, most likely, permanently. We are now more than ever relying on online shopping for our buying needs. A great option for businesses today is to add another sales channel to take advantage of new opportunities that exist beyond your physical location – eCommerce can help you do that.
Integrating Online and In-store Sales Channels
Having a great website is just the first step in your business’ journey to increasing revenue opportunities. As your online store grows, it will quickly become apparent that there is a need to minimise the burden of manually maintaining stock information and sales transactions across multiple systems.
Foresiight ProfiitPlus and Alchemii business management software can be linked directly to your online store with our purpose-built eCommerce Interface module. Automatically publish stock updates to your website including descriptions, pricing and inventory levels. Once a customer makes a purchase online, a Web Order is automatically created in your ProfiitPlus system, ready for your staff to pack and send.
No more double handling of data – keep your inventory always up to date. And keep your customer sales history all in one place, no matter where they transacted – online or in store.
The eCommerce Interface add-on module includes a comprehensive integration with two popular eCommerce systems, Magento and Neto, giving you the freedom to choose the platform that best suits your business’ needs. Foresiight can also build custom integrations, and additional platform integrations are coming – please call us to discuss your specific requirements.
Magento is a mature eCommerce platform, used by a huge number of online businesses both in Australia and around the world. Magento is available in both enterprise and open-source versions, meaning Web designers can implement the core system and then extend its functionality by writing custom modifications or adding plugins. A marketplace is available with an enormous number of plugins and extensions, providing popular functionality such as Payment Gateways and Shipping Extensions. Many integrations are also available for more specific features such as email marketing and social media.
The possibilities are endless with Magento, but this can come at a cost – the work involved to design and deploy a heavily customised Magento eCommerce system can be significant, so most Web Developers will tend to charge more than you might spend on some other more basic platforms. Still, this is a great solution for established businesses looking to build upon an online sales platform that allows maximum flexibility, and is based on proven and widely-supported technology.
Neto (Maropost) differs significantly from many other platforms in that it is provided entirely as a Software-as-a-Service solution, meaning the eCommerce software environment is hosted on Neto’s own servers. As a business using Neto, you pay a regular monthly subscription fee that includes the use of the platform and software updates, as well as the hosting and maintenance services.
The SaaS nature of the Neto product means that the time to get up and running can be relatively short. A variety of site templates are available “off the shelf”, providing a quick and easy way to apply some colour and an impressive look and feel to your site. Of course, a polished and professional site will require help from a specialist web designer and greater investment.
The Neto Marketplace provides a host of optional add-on features such as payment gateways, marketing, analytics and shipping integrations. Another key Neto feature is the eBay integration, allowing you to manage your eBay listings and Orders all from within the Neto ecosystem. Both eBay Orders and Neto Orders flow through to your Foresiight system via the eCommerce Interface module, combining with your traditional in-store and phone order sales to give you true multi-channel sales capability.
Whilst the Neto platform is not quite as customisable as a system like Magento, it still has more than enough features out of the box to suit most retail and wholesale businesses, and the list of core features and add-ons is growing constantly.
New integrations coming soon
Keep an eye out, we have some more exciting integrations on the way…
More information
Whatever your business requirements, wholesale (B2B) or retail (B2C) – there is a solution to suit. But setting up your business to sell online is a project that should be approached with careful research and planning. A good way to position yourself for success is to embark upon your online sales channel almost like you would when setting up a new physical store or location.
Talk to your Foresiight Consultant today if you would like to know more about how to get the most out of your online presence.
For more information on eCommerce integration, email us at solutions@foresiight.com.au or call us on (07) 3356 2772.
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4 Powerful Ways ProfiitPlus and Lightning Payroll Integration Benefits Payroll Efficiency
When it comes to managing your payroll processes, say goodbye to tedious paperwork and manual data entry and say hello to time saving automation and improved efficiency with ProfiitPlus and Lightning Payroll.
1. Simplify Payroll Processes.
In an ever changing, fast-paced business environment, companies are continuously seeking ways to simplify their payroll processes, saving time and effort, while minimising errors, and improving overall financial management. Having an effective system in place will assist with streamlining processes, while also ensuring accuracy and compliancy. Afterall, time is money!
Recognising this industry demand, Foresiight Software have recently teamed up with Lightning Payroll to offer our clients an easy-to-use solution that allows businesses to seamlessly import, and export, their payroll journals directly to and from ProfiitPlus.
At Foresiight Software, we pride ourselves on our integrity to deliver only the best solutions for our clients, which is why we are proud to announce our partnership with Lightning Payroll.
2. Complies with Australian Standards.
We understand our clients’ needs and know that having a payroll system that strictly complies with ATO and Fairwork Australian standards is a must. Foresiight Software are proud to say, that as an industry partner with the Australian Payroll Association, Lightning Payroll is a workforce management solution you can trust.
This game changing alliance between ProfiitPlus and Lightning Payroll gives users a powerful new integration that will transform the way you manage your payroll. By taking out the middleman and automating payroll processes, you will see an immediate improvement in efficiency and accuracy, saving you valuable time and resources.
3. Improve Efficiency and Accuracy.
Foresiight Software and Lightning Payroll are helping businesses take a leap forward to a more efficient, effective and reliable workforce management solution. This partnership simplifies the payroll process and enhances overall efficiency, reducing manual errors, saving time and supporting businesses in sustaining smoother operations.
This new integration allows users to easily manage their payroll data, by seamlessly transferring payroll journals between ProfiitPlus and Lightning Payroll. This eliminates the need for manual data entry that can often be time-consuming and lead to inconsistencies. Businesses can rest assured that their financial records are up-to-date and accurate, which is essential for effective business management and compliance.
4. Empowering Businesses to Focus on Growth.
At Foresiight Software, we are so excited to announce this new collaboration with Lightning Payroll. This integration will empower you – our client – to focus on what truly matters, growing your business, and improving productivity, while ensuring your payroll processes are managed with absolute precision.
Call us today on 07 3356 2773 to find out how you can integrate your ProfiitPlus with Lightning Payroll.
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Highlights for 2024
Merry Christmas and a Happy New Year from all of us at Foresiight Software!
This year has been nothing short of amazing! As we reflect on the year, we’re filled with gratitude for all the achievements we’ve made together. Our highlights for 2024 include innovative software developments, to our growing ProfiitPlus family, to attending exciting networking events, and more! 2024 has truly been a fulfilling year!
Thank you so much for your support, we couldn’t have done it without you. We are excited to see what the new year brings and anticipate even more growth and success in 2025!!
ProfiitPlus New Features and Enhancements in 2024
This year we introduced a whopping 85 NEW features to ProfiitPlus, and rolled out 71 useful program enhancements to elevate your experience with using ProfiitPlus within your business. Here are some of our key highlights from the year:
Lightning Payroll integration
Foresiight Software has partnered with Lightning Payroll, enabling users to seamlessly import payroll journals directly into ProfiitPlus. This integration simplifies the payroll process and enhances overall efficiency.
With this new feature, users can easily manage their payroll data, ensuring accurate financial records.
The collaboration between Foresiight Software and Lightning Payroll aims to streamline operations and support better financial management.
Transactional Statement
Transactional Statements present all transactions within a selected date range, in order of the transaction date. This new feature has been introduced to mimic the Account Detail report, but for the purpose of sending a historical transaction list to your customer.
The design can be built using the Document Designer and customised much like an Invoice or Statement design can be.
Retrospective Stock Valuation report
Previously, the Stock Valuation was a “live” report, with no ability to back date to an earlier date.
A new feature has been added that enables the operator to choose a retrospective date on the Stock Valuation Report. This allows users to be able to retrieve valuations from the historical data.
EFTPOS surcharges
EFTPOS surcharges can now be managed automatically via supported integrated EFTPOS systems, Linkly and Tyro.
Surcharges can also optionally be applied to deposits on Jobs, Sales Orders and Backorders.
Special Buy-ins extensions
The suite of features around Special Buy-ins continues to grow with more and more time saving functionality.
- A new column indicating Special Buy-In links is now visible from the sales document entry screen on the Select Existing tab and on each line item under Item Detail tab.
- Special Buy-In labels can now be printed directly from the Sales document screen. Previously this option was only available before a supplier delivery docket or invoice was entered, up to the time of posting. This can be found under the Picking List / Delivery Docket button from the Item Detail tab.
- A new field has been added to the purchase order layout to print details for special buy-in links to sales documents. The blurb will be displayed as “Invoice 1000000 has a Special Buy-In for Qty 2”.
- A new version of the Open Purchase Orders Report allows the user to report on the Special Buy-In details. The report prints the heading details of the purchase order along with the Item, description, customer code, customer name, sales document number, Ordered (on purchase order), Buy-In (Qty linked from sales order) and Due Date.
- Users will now see when a Special Buy-In link is attached to a Purchase invoice. This is indicated by the “S” column on the List tab and the “Buy-In” column on the Stock/Details tab. This will assist users recognising invoices with Special Buy-In’s.
Central bill on-the-fly
A new feature has been launched that enables selected Sales Invoices to be charged directly to the child account of a central-billed customer.
With this new feature enabled, the operator is now able to select on-the-fly, during entry of a Sales Invoice, whether to charge to the parent account or to the child account. This feature has also been added in the Banking Batch entry screen, enabling allocation of invoice payments from both the child account and the parent account.
Scheduler enhancements
The Scheduler module has undergone a raft of enhancements, here are a few picks:
- A booking can now be cloned to a different day and time, retaining the original booking. To clone a booking, right click the booking to select “Clone Booking to another Date”
- Printing from the Scheduler, the list of jobs has been enhanced to print a screenshot of the booking screen. Filter options include resource, store and date range. The report can be printed to a printer/PDF creator or saved by default into the Exports folder.
- When creating a new booking in Scheduler, the user has an option to create a Sales Document. This previously supported one pre-defined document type only; either a Job, Order or Invoice. A new option now allows for creation of any of these document types on-the-fly.
There were many more new features and improvements introduced in 2024. To view a full list of updates, see the complete release notes by logging into your Support Centre via the client portal Support Centre.
Welcome to the Foresiight Family
Introducing some of our newest Foresiight clients! We’re excited to have each and every one of you on board and we look forward to working together in the years ahead. Together we’ll drive growth within your business and achieve success in your short, and long-term, future goals. Welcome to the Foresiight family!
HBT National Conference 2024
One of the highlights of our year was attending the HBT National Conference in August, at the Adelaide Convention Centre. It was a fantastic couple of days spent connecting with HBT National Buying Group members and learning about their businesses.
We also had the opportunity to meet face-to-face with some of our existing Foresiight customers, as well as connect with potential new customers to discuss how our flagship software, ProfiitPlus, could support their goals and help drive success in their business.
The conference wrapped up in style with a gala dinner and awards ceremony, themed ‘A Night at the Races.’ It was a memorable evening full of laughter, good food, and great company.
Know Your Backup
How well do you know your backup routine?
Is your business sufficiently protected against data loss? Simply backing up your data isn’t enough – do you review and monitor your backups and take a backup off-site?
A good functioning backup allows a business owner or manager to have peace of mind. It’s important to know you are protected not only when a malicious attack happens to the computer network, but also when a file is accidentally deleted or modified. When disaster strikes, a good working backup allows you to be up and running again with minimal downtime.
Backup best practices
It is recommended that you not only perform your backup on a daily basis, but also keep multiple versions of these backups. This will ensure that you can restore files from the most recent backup, or go back to an earlier version if required.
Backups should not remain in the same building as the data they are backing up. At least one backup should be taken off-site at all times, either by means of external drives or RDX tape backups. We recommend a minimum of two external drives/RDX Tapes in your backup rotation.
Backups are not “set and forget” – they need to be monitored and tested regularly. There are many ways to approach this, but a good example of a simple backup test plan can look like this:
- Weekly – simple file restore, to test that a single file or small group of files can be successfully recovered.
- Monthly – full restore, to test that all files can be restored, from multiple points in time.
- Bi-annually – complete disaster recovery, simulating an entire system destruction (e.g. fire or flood). Involves restoring entire operating system, software and database back up to rebuild a functioning system.
Recommended backup solutions
There are many excellent backup products available today, including scheduling software and large storage devices. Your local IT Technician or your Managed Services Provider will have a preferred backup solution. If you are unsure if your current setup is suitable, speak to them today for their recommendation.
If your system is hosted on a cloud server, it is common for a managed backup solution to be part of this service. However, we recommend you still don’t leave it to chance. If you are unsure, ask your service provider about their backup strategy, and what the DRP (Disaster Recovery Plan) looks like.
When it comes to daily backups, it is critical to make sure that the correct files are being included in the backup. If you, or your Technician, would like some advice from Foresiight specifically regarding the correct database folders and files to include in your backups, please don’t hesitate to contact the Support team on (07) 3356 2772.
In summary:
- Plan your back strategy with your IT Technician or Cloud Hosting service provider
- Use quality software and hardware – your business depends on it!
- Keep at least one backup off-site at all times
- Monitor your daily backup reports, have a test plan in place, and stick to it
- Speak to the Foresiight team for advice on specific files & folders to backup
ProfiitPlus Integrated SMS
SMS features
SMS is a great way to keep in touch with customers (and sometimes even suppliers). ProfiitPlus includes functionality to send SMS messages from various parts of the system.
There are a number of areas that you can send an SMS from:
• Your Customer List in the Customer Relationship module
• The Sales Entry screen – when you update the status of a transaction (e.g. ready for pickup)
• The bulk marketing facility in Customer Relationship
• Loyalty module & more.
Before using SMS you need to register your system please contact us and we can help set this up for you. Email or phone Foresiight on (07) 3356 2772 to get connected today.
Status Code Setup
One of the most powerful ways to utilise integrated SMS is the Status Codes on Sales Documents. You can setup status codes to text predefined messages to the customer, to keep them updated on the progress of their sale. Go to Sales Orders & Invoicing | Sales | Settings | Enter/Edit Status Codes. Select your status code to modify the SMS text and flag for an operator prompt:
Sending an SMS from the Sales Screen
Whether you are invoicing through Customer Relationship Module or Sales & Invoicing, you can utilise the SMS prompts on sales documents when setting or changing a document status.
Start your sale as normal and proceed to the Header Tab of your sales document.
Select your contact from the drop down list where applicable – this will allow SMS messages to be sent to the individual Contact’s mobile phone number instead of the primary customer mobile number. Select your status from the “Status” drop down box.
If you have a predefined status setup (per above) you will automatically be prompted to send an SMS with a prefilled message, which you can review and edit before sending.
If you haven’t set predefined messages, you can simply click the “SMS” button beside the status at any time to send a custom message to the account or contact mobile number.
Enter your text message in the dialogue box and note the number of available characters at the bottom of the screen. Note that your message must include an Opt-Out message, so this can not be removed.
Click OK to send your message.
It’s easy to get started, and the only cost is for the SMS messages that you utilise.
5 Top Reasons Business and Inventory Management Software Helps Landscaping and Garden Supply Businesses During Peak Season
As the summer season brings increased demand for landscaping and garden supplies, businesses in this sector face unique challenges in managing operations efficiently. From inventory control to customer service, a surge in demand can create bottlenecks that disrupt workflows and affect profitability.
Business management and inventory management software are invaluable tools for landscaping and garden supplies businesses, offering solutions that streamline processes, improve customer satisfaction, and maximize sales opportunities. Here are the top five reasons to consider implementing inventory management software and landscaping and garden supplies business management software this peak season:
1. Efficient Inventory Tracking and Replenishment
Summer is prime time for landscaping projects, which means stock levels must be closely monitored. With inventory management software, landscaping and garden supplies businesses gain precise control over stock levels. This software automatically tracks inventory in real time, providing accurate insights into which products are selling fast and which need reordering.
Automated reorder alerts ensure that high-demand items are always available, reducing the risk of stockouts. For seasonal businesses, effective inventory control is crucial for maintaining sales momentum and meeting customer expectations during peak periods.
2. Enhanced Customer Experience
With a well-integrated landscaping and garden supplies business management software, customer service teams can access up-to-date information on inventory levels, pricing, and promotions. This allows them to provide quick, accurate responses to customer inquiries, ensuring a positive shopping experience.
Some software even includes mobile capabilities, enabling sales representatives to check stock levels and process orders on the spot, whether they’re on the sales floor or out on a delivery. Improving the customer experience is especially valuable during the summer rush when customers expect timely, reliable service for their gardening projects.
3. Improved Sales and Profitability Through Data-Driven Decisions
Inventory management software provides insights into sales trends, helping landscaping and garden supply businesses make data-driven decisions. For example, during the peak season, certain products may see higher demand due to specific landscaping trends.
With analytics tools, businesses can quickly identify these trends and adjust their inventory accordingly. Additionally, inventory management software can suggest optimal pricing and bundling strategies to maximize profit margins. Making informed, data-driven decisions ensures that businesses can respond proactively to summer demand spikes.
4. Streamlined Order Processing and Fulfillment
Efficient order processing is essential for meeting increased demand during the summer months. Business management software can streamline this process by automating tasks such as order entry, invoice generation, and delivery scheduling.
With fewer manual tasks, employees can focus on higher-value activities, like assisting customers and managing inventory. Automated processes also reduce errors, ensuring that customers receive their orders accurately and on time. For landscaping and garden supplies businesses, a streamlined order fulfillment process keeps customers satisfied and minimizes operational headaches.
5. Reduced Seasonal Staffing Stress
Peak season often means bringing in temporary staff, which can be costly and challenging to manage. By leveraging landscaping and garden supplies business management software, companies can reduce their reliance on seasonal hires. Automation handles repetitive tasks, reducing the burden on existing staff and enabling them to manage more with less effort.
For example, with inventory management software, stocktaking becomes more efficient and accurate, reducing the need for additional staff. This not only lowers costs but also allows businesses to operate more consistently during busy periods.
For landscaping and garden supplies businesses, summer presents a major opportunity to boost sales and attract new customers. However, to handle the season’s demands effectively, the right technology is essential.
Implementing inventory management software and landscaping and garden supplies business management software can make a substantial difference, enabling businesses to stay ahead of customer needs, enhance operational efficiency, and maximize profit potential.
With these tools in place, you’re not just managing a busy season; you’re setting your business up for long-term success.
ProfiitPlus Version 4.99 New Features
We recently introduced some exciting new features and improvements to ProfiitPlus. Explore some of our key highlights below or access the complete release notes for Version 4.99 by logging into our Support Centre.
 | Lightning Payroll Foresiight Software has partnered with Lightning Payroll, enabling users to seamlessly import payroll journals directly into ProfiitPlus. This integration simplifies the payroll process and enhances overall efficiency. With this new feature, users can easily manage their payroll data, ensuring accurate financial records. The collaboration between Foresiight Software and Lightning Payroll aims to streamline operations and support better financial management. |
 | Central Billing A new feature has been launched that enables selected Sales Invoices to be charged directly to the child account of a central-billed customer. Previously, if a customer account was configured as central-billed, all Invoices would be charged to the parent account. With this new feature enabled, the operator is now able to select on-the-fly, during entry of a Sales Invoice, whether to charge to the parent account or to the child account. This feature has also been added in the Banking Batch entry screen, enabling allocation of invoice payments from both the child account and the parent account. |
 | Stock Valuation Report Update A retrospective Stock Valuation Report was not previously accessible, as the report functioned as a ‘live version’ only without the ability to backdate. A new feature has been added, which enables the operator to choose a retrospective date on the Stock Valuation Report. This allows users to be able to retrieve valuations from the latest historical data. |
 | Non-Diminishing Items Previously, non-diminishing items were excluded from promotional offers. However, this has now changed and non-diminishing items are permitted to be included in promotions. For example: 1. A promotional campaign featuring an offer that includes complimentary freight/shipping services. 2. A promotion that includes a specifically assigned complimentary item(s), for which the stock code has been set as non-diminishing. |
 | Are you on Version 4.99? If you’re currently licenced for an earlier version of ProfiitPlus, please reach out to your helpful Foresight Support Team to schedule a time for an upgrade. Call us on 07 3356 2772. |
MYOB Alternatives: Why Industry-Specific POS Software is the Perfect replacement
When it comes to managing a business, having the right tools is essential. For years, MYOB has been a go-to accounting software for many small to medium-sized enterprises (SMEs). However, over the years MYOB Alternatives have become a very real option as businesses evolve, and limitations within MYOB begin to appear. Industry-specific Point of Sale (POS) software designed to meet the unique demands of various industries are offering an alternative to MYOB that is more comprehensive and efficient.
Understanding Limitations: why MYOB alternatives are on the rise!
MYOB has been a reliable choice for accounting, but it wasn’t designed with every industry in mind. While it offers general accounting functions, businesses often find themselves needing to integrate multiple tools to manage other aspects such as inventory, customer management, and sales tracking. This fragmented approach can lead to inefficiencies, data discrepancies, and increased operational costs.
The Advantages of Industry-Specific POS Software
Industry-specific POS software is developed with the particular needs of an industry in mind, offering features that are directly relevant to your business operations. Here are some key advantages:
1. Tailored Features and Functionality
Industry-specific POS systems come with built-in features that cater to your particular sector. For example:
- Retail POS: Advanced inventory management, customer loyalty programs, and real-time sales tracking.
- Trade Supplies POS: Complex pricing models, bulk ordering capabilities, and integration with supplier databases.
- Servicing & Repairs POS: Appointment scheduling, client history tracking, and automated reminders.
These features are designed to streamline operations, making it easier for businesses to manage their day-to-day activities without relying on additional software.
2. Better Integration with Industry Tools
MYOB alternatives are often designed to seamlessly integrate with the tools you already use. Whether it’s connecting with e-commerce platforms, supplier management systems, or other trade-specific applications, industry-specific POS solutions provide a more cohesive and streamlined workflow.
3. Improved Data Accuracy and Reporting
Industry-specific POS software offers advanced reporting features that are tailored to your industry. This means you can easily generate reports that provide insights into critical areas of your business. For example:
- Retail: Sales by category, inventory turnover, and customer purchasing patterns.
- Trade Supplies: Supplier performance, bulk order tracking, and profit margins by product category.
These reports allow you to make data-driven decisions that can improve efficiency and profitability.
4. Enhanced Customer Experience
With features like personalised promotions, loyalty programs, and seamless payment processing, industry-specific POS systems enhance the customer experience. This not only helps retain existing customers but also attracts new ones, giving you a competitive edge in your industry.
MYOB Alternatives: Why It’s Time to Make the Switch
Switching to a MYOB alternative might seem daunting, but the benefits far outweigh the transition efforts. As businesses grow, the need for a more robust, industry-tailored solution becomes clear. Here’s why you should consider making the switch:
- Scalability: As your business expands, an industry-specific POS can easily scale with you, providing additional features and integrations as needed.
- Support and Training: An industry-specific POS provider like Foresiight offers specialised support and training, ensuring that your team can quickly adapt to the new system.
- Future-Proofing: Technology evolves rapidly, and industry-specific POS systems are often updated to include the latest features and security enhancements, keeping your business ahead of the curve.
Conclusion
While MYOB has served many businesses well over the years, industry-specific POS software offers a more tailored, efficient, and comprehensive solution. By switching to a POS system designed for your industry, you can streamline operations, improve customer satisfaction, and ultimately drive your business forward.
It’s time to move beyond general accounting software and embrace MYOB alternatives that understand the unique needs of your business. Explore Foresiight’s industry-specific POS options today and take your business to the next level.
Data Import and Export
Simplify Your Stock File Updates
Many industry suppliers are now providing their business customers with monthly or quarterly electronic price file updates and promotions. Manually updating pricing can be laborious and inaccurate, which can lead to selling items below margin or incorrectly quoting customers.
Automate your price updates and stock file changes with Data Import/Export
Using the Data Import/Export module, you can update all relevant information from the spreadsheets or text files provided by your supplier, including cost price changes, with the ability to recalculate sell prices after updating.
Data Import/Export also provides the ability to upload your entire supplier catalogue into a separate lookup catalogue. This allows you to review product pricing for special orders, and transfer a product into your main stock file with a single click when you need to sell or purchase it. Keeping non stocked items contained in a lookup file keeps your stock file clean and simple – if you don’t sell it then you won’t need to browse through it when searching for stock items at the point of sale.
In addition to importing price files from your suppliers, the Data Import/Export module also includes a number of other useful features for importing/exporting data and applying bulk updates to your system.
FEATURES
- Import supplier product catalogues from spreadsheet
- Bulk updates to your Main Stock File and/or Supplier Lookup Catalogues
- Import promotions / catalogue pricing
- Customisable to suit many different file formats
- Bulk update prices (Cost and Sell) by percentage or dollar
- Bulk update selected Product properties from a spreadsheet (e.g. Product Descriptions)
- Export your price file to a spreadsheet file for customers
- Import from a spreadsheet/CSV into a Purchase Order
Call Foresiight on (07) 3356 2772 or email us at solutions@foresiight.com.au for information and pricing on the Data Import/Export module, or to arrange a training session.
Point of Sale Equipment
Looking to update your barcode scanners, docket printers, label printers or cash drawers for your point of sale terminals?
Foresiight has the solution.
We supply only quality POS equipment with proven reliability, and you can be assured of compatibility with your POS software.
Having the right gear in place can help to create a great experience for your customers and keep your business running smoothly – and it doesn’t need to cost a fortune!
For more information or a quote on any POS equipment, send us an email at solutions@foresiight.com.au or call today on 1800 061 670.
Why is accuracy so important when it comes to retail inventory management software?
Accuracy is crucial when it comes to stock control for several reasons. Stock control refers to the systematic management of inventory within a business or organisation. It involves tracking, monitoring, and maintaining the accurate record of stock levels, purchases, sales, and transfers. By maintaining accurate records, businesses can ensure efficient operations, optimise resource allocation, and minimise financial losses.
The following can be achieved through the use of professional stock control software for retailers:
1. Efficient Inventory Management
One of the key benefits of accurate stock control is efficient inventory management. By accurately tracking stock levels, businesses can make informed decisions about when to replenish stock, how much to order, and where to store the products. This helps avoid overstocking or understocking, reducing unnecessary storage costs and avoiding stockouts that may result in lost sales.
2. Financial Visibility
Accurate stock control provides businesses with crucial financial information. By maintaining accurate records of purchases, sales, and transfers, organisations can accurately calculate the cost of goods sold, gross profit, and other financial metrics. This information allows businesses to monitor financial performance, identify areas of improvement, and make informed financial decisions.
3. Accurate Forecasting
Accurate stock control is essential for accurate forecasting. By analysing historical sales data and stock movements, businesses can make projections about future demand and inventory requirements. This helps businesses optimise their purchasing and distribution processes, ensuring that they have the right stock levels to meet customer demand while minimising excess inventory.
4. Regulatory Compliance
In certain industries, accurate stock control is essential for regulatory compliance. For instance, in the food and pharmaceutical industries, maintaining accurate records of stock levels, expiration dates, and batch numbers is vital to ensure product safety and meet regulatory requirements. Non-compliant stock control practices can lead to penalties, fines, and even legal action.
5. Enhanced Customer Satisfaction
Accurate stock control directly impacts customer satisfaction. When customers order products that are in stock, they receive their orders promptly. This not only enhances customer satisfaction but also improves customer retention and loyalty. On the other hand, inaccurate stock levels can result in delayed deliveries, backorders, and disappointed customers.
In conclusion, accuracy is of utmost importance when it comes to stock control. It enables efficient inventory management, financial visibility, accurate forecasting, regulatory compliance, and enhanced customer satisfaction. By prioritising accuracy in stock control practices, businesses can optimise their operations, reduce costs, and improve overall performance.
If you looking to upgrade your retail inventory management software, please consider ProfiitPlus’™️. With ProfiitPlus’™️ you can easily forecast and manage stock from anywhere in your store or warehouse with all the added benefits of Australia’s leading stock control software.
Learn more about Foresiight’s™️, flagship stock control product for retail, ProfiitPlus™️ here.
When to Upgrade your Inventory Tracking Software
Inventory tracking software plays a crucial role in optimising the operational efficiency and profitability of businesses. This type of inventory management software helps smalls businesses manage their inventory levels, track the movement of goods, and make informed decisions about stock replenishment. However, like any software, inventory tracking software requires regular updates and upgrades to stay relevant and meet the needs of modern businesses. In this blog post, we will explore some key indicators that indicate it’s time to upgrade your inventory tracking software.
Lack of Scalability
As your business grows, your inventory management needs change. If you find yourself constantly encountering limitations or bottlenecks in your software’s ability to scale with your business, it’s a sign that it’s time to consider upgrading. Scaling your software allows businesses to handle increased sales volumes, manage larger inventory databases, and process large volumes of transactions without encountering performance issues.
Inability to Integrate with Other Systems
In today’s interconnected business environment, seamless integration with other systems is essential. If your inventory tracking software does not integrate with other key business tools such as customer relationship management (CRM) software or accounting software, it can cause inefficiencies and manual data entry errors. Upgrading your software to a version that offers robust integration capabilities can help streamline your operations and improve productivity.
Outdated Features
As technology evolves, so does the software landscape. If your inventory tracking software lacks modern features such as real-time stock updates, automated reorder points, or barcode scanning capabilities, it can hinder your ability to make informed decisions and stay competitive. Upgrading your software to the latest version can provide access to these advanced features, allowing you to streamline your inventory management processes and improve overall operational efficiency.
Security Concerns
Inventory tracking software contains sensitive business information and is susceptible to data breaches and cyber threats. If your software is not regularly updated with security patches or lacks advanced security features, it exposes your business to potential risks. Upgrading your software to the latest version ensures that you have the latest security measures in place to protect your data and maintain the integrity of your inventory management system.
Compliance Requirements
If your business operates in regulated industries, such as pharmaceuticals or food and beverages, compliance with industry regulations is crucial. If your inventory tracking software is not aligned with the latest compliance requirements, it can be a significant risk to your business. Upgrading your software to a version that meets regulatory requirements helps you maintain compliance and avoid costly penalties or other legal consequences.
Upgrading your inventory management software at the right time is crucial for the success and growth of your business. By identifying indicators such as scalability limitations, integration challenges, outdated features, security concerns, and compliance requirements, you can make informed decisions about when to upgrade your software. Ultimately, upgrading your software ensures that you have the necessary tools and functionalities to effectively manage your supply chain, optimise inventory levels, and drive profitability.
Foresiight’s™️ flagship software, ProfiitPlus™️, is a leading stock control software for new and established Australia businesses. ProfiitPlus™️ provides all-in-one retail stock control software to allow for streamlined business practices through times of change and growth.
Learn more about our flagship inventory management software for Australian businesses, ProfiitPlus™️ here.
Accurate Forecasting with Retail Inventory Management Software
Stock control software is a crucial tool for retail businesses to optimise their inventory levels, streamline operations, and make informed decisions when it comes to ordering and forecasting. Below we will explore the various features and functionalities of stock control software that enable businesses to optimise their ordering and forecasting processes.
Key Features of Stock Control Software for Retailers
- Inventory Management
Stock control software provides a centralised platform for businesses to manage their inventory levels. It enables them to track stock items, monitor stock levels, and automate reordering processes to ensure sufficient stock availability.
- Stock Forecasting
One of the primary benefits of stock control software is its ability to forecast stock demand. By analysing historical sales data, market trends, and other factors, the software can generate accurate forecasts for future demand. This enables businesses to plan their ordering strategies effectively and avoid overstocking or understocking.
- Demand-Driven Replenishment
Stock control software enables businesses to implement demand-driven replenishment strategies. By integrating with point-of-sale (POS) systems or other sales data sources, the software can continuously monitor stock levels and adjust reorder points accordingly. This ensures that businesses always have the appropriate amount of stock on hand to meet customer demand.
- Inventory Optimisation
Retail inventory management software offers various optimisation algorithms that help businesses optimise their inventory levels. These algorithms consider factors like demand patterns, lead times, and storage capacity to suggest the best stock levels for different items. By optimising inventory, businesses can reduce stock carrying costs and improve overall operational efficiency.
- Reporting and Analytics
Stock control software provides robust reporting and analytics capabilities. Businesses can generate reports to monitor key performance indicators (KPIs) such as inventory turnover, fill rate, and demand variance. These insights help businesses identify areas for improvement and make data-driven decisions to optimise their ordering and forecasting processes.
Stock control software offers numerous features and benefits that enable businesses to optimise their ordering and forecasting processes. By integrating inventory management, forecasting, and demand-driven replenishment capabilities, this software empowers businesses to make data-driven decisions and streamline their operations.
For retailers to succeed, stock control is crucial. Data-driven decision-making offers a variety of benefits, including enhanced financial performance, improved customer service, improved supply chain management, and loss prevention. In the competitive retail industry, retailers can position themselves for success by implementing effective stock control practices.
Foresiight’s™️ flagship software, ProfiitPlus™️, is a leading Retail Stock control software for Australia businesses from online to in person retail. ProfiitPlus™️ provides all-in-one retail stock control software for to allow for streamlined business practices.
Easily forecast and manage stock from anywhere in your store or warehouse using StockMate, ProfiitPlus™️’ mobile inventory management tool. Learn more about Foresiight’s™️, flagship stock control product for retail, ProfiitPlus™️ here.
Benefits of Industry Specific Inventory Tracking Software
Inventory tracking management offers numerous benefits to businesses across various industries – even more so when the software is industry-specific. By implementing effective tracking techniques, businesses can gain valuable insights into their inventory levels, optimise stock levels, and improve overall efficiency. Below we will highlight some of the key benefits of industry specific inventory management software for small businesses.
- Accurate Inventory Forecasting
One of the primary benefits of industry specific tracking software is accurate forecasting. By analysing historical sales data, seasonal trends, and market demand, businesses can accurately predict future stock requirements. This allows for better inventory management, preventing unnecessary overselling and ensuring adequate stock levels to meet customer demand.
- Reduced Stockholding Costs
Overstocking can lead to increased storage costs, damaged goods, and unnecessary financial strain. By implementing industry specific stock inventory tracking management, businesses can identify slow-moving or outdated items, allowing them to make informed decisions about inventory reduction. By minimising stockholding costs, companies can improve cash flow, allocate resources more efficiently, and avoid tying up valuable capital in excess inventory.
- Enhanced Supply Chain Management
Effective stock inventory tracking management facilitates streamlined supply chain management. By maintaining accurate and up-to-date inventory records, businesses can collaborate with suppliers, vendors, and distributors more effectively. This allows companies to optimise their supply chain processes, minimise lead times, and improve overall supply chain efficiency. By implementing industry specific tracking techniques, businesses can also identify potential bottlenecks and proactively address them.
- Improved Customer Satisfaction
In today’s competitive market, customer satisfaction is key to success. Industry specific stock inventory tracking management enables businesses to provide timely and accurate product availability information to customers and prospects. By ensuring prompt order fulfillment and minimising stockouts, businesses can improve customer satisfaction and loyalty, leading to increased customer retention and repeat business.
- Enhanced Inventory Visibility
Industry specific stock inventory tracking management provides businesses with real-time visibility into their inventory levels. This allows managers to make informed decisions about stock replenishment, order placement, and production planning. With increased visibility, businesses can identify slow-moving inventory, expired products, or excess stock, enabling them to make informed purchasing decisions and reduce waste.
- Streamlined Audit and Financial Processes
Accurate stock inventory tracking management is essential for maintaining accurate financial records. By implementing industry specific tracking techniques, businesses can streamline audit processes and ensure compliance with regulatory requirements. This simplifies financial analysis and reporting, enabling businesses to make data-driven decisions and identify areas for improvement.
Inventory tracking management offers a range of benefits to businesses across various industries. From accurate forecasting and reduced stockholding costs to enhanced supply chain management and improved customer satisfaction, effective tracking techniques provide businesses with valuable insights and enable them to optimise their inventory management processes. By implementing industry specific tracking solutions, businesses can unlock the full potential of their inventory and achieve long-term success.
Small businesses in Australia benefit from ProfiitPlus™️’ inventory management software. Providing all the features you need in one easy-to-use software application, ProfiitPlus™️ is Foresiight’s™️ flagship software program for POS, customer management, accounting, and stock control. Unlike static databases, live databases update data in real time. You will always have access to the most accurate and up-to-date information, providing peace of mind as a busy small business owner.
Learn more about our flagship inventory management software for Australian businesses, ProfiitPlus™️ here.
Selling online to reach more customers
Over the past few years, consumer behaviors have changed dramatically and, most likely, permanently. We are now more than ever relying on online shopping for our buying needs. A great option for businesses today is to add another sales channel to take advantage of new opportunities that exist beyond your physical location – eCommerce can help you do that.
Integrating Online and In-store Sales Channels
Having a great website is just the first step in your business’ journey to increasing revenue opportunities. As your online store grows, it will quickly become apparent that there is a need to minimise the burden of manually maintaining stock information and sales transactions across multiple systems.
Foresiight ProfiitPlus and Alchemii business management software can be linked directly to your online store with our purpose-built eCommerce Interface module. Automatically publish stock updates to your website including descriptions, pricing and inventory levels. Once a customer makes a purchase online, a Web Order is automatically created in your ProfiitPlus system, ready for your staff to pack and send.
No more double handling of data – keep your inventory always up to date. And keep your customer sales history all in one place, no matter where they transacted – online or in store.
The eCommerce Interface add-on module includes a comprehensive integration with two popular eCommerce systems, Magento and Neto, giving you the freedom to choose the platform that best suits your business’ needs. Foresiight can also build custom integrations, and additional platform integrations are coming – please call us to discuss your specific requirements.
Magento is a mature eCommerce platform, used by a huge number of online businesses both in Australia and around the world. Magento is available in both enterprise and open-source versions, meaning Web designers can implement the core system and then extend its functionality by writing custom modifications or adding plugins. A marketplace is available with an enormous number of plugins and extensions, providing popular functionality such as Payment Gateways and Shipping Extensions. Many integrations are also available for more specific features such as email marketing and social media.
The possibilities are endless with Magento, but this can come at a cost – the work involved to design and deploy a heavily customised Magento eCommerce system can be significant, so most Web Developers will tend to charge more than you might spend on some other more basic platforms. Still, this is a great solution for established businesses looking to build upon an online sales platform that allows maximum flexibility, and is based on proven and widely-supported technology.
Neto (Maropost) differs significantly from many other platforms in that it is provided entirely as a Software-as-a-Service solution, meaning the eCommerce software environment is hosted on Neto’s own servers. As a business using Neto, you pay a regular monthly subscription fee that includes the use of the platform and software updates, as well as the hosting and maintenance services.
The SaaS nature of the Neto product means that the time to get up and running can be relatively short. A variety of site templates are available “off the shelf”, providing a quick and easy way to apply some colour and an impressive look and feel to your site. Of course, a polished and professional site will require help from a specialist web designer and greater investment.
The Neto Marketplace provides a host of optional add-on features such as payment gateways, marketing, analytics and shipping integrations. Another key Neto feature is the eBay integration, allowing you to manage your eBay listings and Orders all from within the Neto ecosystem. Both eBay Orders and Neto Orders flow through to your Foresiight system via the eCommerce Interface module, combining with your traditional in-store and phone order sales to give you true multi-channel sales capability.
Whilst the Neto platform is not quite as customisable as a system like Magento, it still has more than enough features out of the box to suit most retail and wholesale businesses, and the list of core features and add-ons is growing constantly.
New integrations coming soon
Keep an eye out, we have some more exciting integrations on the way…
More information
Whatever your business requirements, wholesale (B2B) or retail (B2C) – there is a solution to suit. But setting up your business to sell online is a project that should be approached with careful research and planning. A good way to position yourself for success is to embark upon your online sales channel almost like you would when setting up a new physical store or location.
Talk to your Foresiight Consultant today if you would like to know more about how to get the most out of your online presence.
For more information on eCommerce integration, email us at solutions@foresiight.com.au or call us on (07) 3356 2772.
Accurate Forecasting with Retail Inventory Management Software
Stock control software is a crucial tool for retail businesses to optimise their inventory levels, streamline operations, and make informed decisions when it comes to ordering and forecasting. Below we will explore the various features and functionalities of stock control software that enable businesses to optimise their ordering and forecasting processes.
Key Features of Stock Control Software for Retailers
1. Inventory Management
Stock control software provides a centralised platform for businesses to manage their inventory levels. It enables them to track stock items, monitor stock levels, and automate reordering processes to ensure sufficient stock availability.
2. Stock Forecasting
One of the primary benefits of stock control software is its ability to forecast stock demand. By analysing historical sales data, market trends, and other factors, the software can generate accurate forecasts for future demand. This enables businesses to plan their ordering strategies effectively and avoid overstocking or understocking.
3. Demand-Driven Replenishment
Stock control software enables businesses to implement demand-driven replenishment strategies. By integrating with point-of-sale (POS) systems or other sales data sources, the software can continuously monitor stock levels and adjust reorder points accordingly. This ensures that businesses always have the appropriate amount of stock on hand to meet customer demand.
4. Inventory Optimisation
Retail inventory management software offers various optimisation algorithms that help businesses optimise their inventory levels. These algorithms consider factors like demand patterns, lead times, and storage capacity to suggest the best stock levels for different items. By optimising inventory, businesses can reduce stock carrying costs and improve overall operational efficiency.
5. Reporting and Analytics
Stock control software provides robust reporting and analytics capabilities. Businesses can generate reports to monitor key performance indicators (KPIs) such as inventory turnover, fill rate, and demand variance. These insights help businesses identify areas for improvement and make data-driven decisions to optimise their ordering and forecasting processes.
Stock control software offers numerous features and benefits that enable businesses to optimise their ordering and forecasting processes. By integrating inventory management, forecasting, and demand-driven replenishment capabilities, this software empowers businesses to make data-driven decisions and streamline their operations.
For retailers to succeed, stock control is crucial. Data-driven decision-making offers a variety of benefits, including enhanced financial performance, improved customer service, improved supply chain management, and loss prevention. In the competitive retail industry, retailers can position themselves for success by implementing effective stock control practices.
Foresiight’s™️ flagship software, ProfiitPlus™️, is a leading Retail Stock control software for Australian businesses from online to in person retail. ProfiitPlus™️ provides all-in-one retail stock control software to allow for streamlined business practices.
Easily forecast and manage stock from anywhere in your store or warehouse using StockMate, ProfiitPlus’™️ mobile inventory management tool. Learn more about Foresiight’s™️, flagship stock control product for retail, ProfiitPlus™️ here.
Benefits of Industry Specific Inventory Tracking Software
Inventory tracking management offers numerous benefits to businesses across various industries – even more so when the software is industry-specific. By implementing effective tracking techniques, businesses can gain valuable insights into their inventory levels, optimise stock levels, and improve overall efficiency. Below we will highlight some of the key benefits of industry specific inventory management software for small businesses.
1. Accurate Inventory Forecasting
One of the primary benefits of industry specific tracking software is accurate forecasting. By analysing historical sales data, seasonal trends, and market demand, businesses can accurately predict future stock requirements. This allows for better inventory management, preventing unnecessary overselling and ensuring adequate stock levels to meet customer demand.
2. Reduced Stockholding Costs
Overstocking can lead to increased storage costs, damaged goods, and unnecessary financial strain. By implementing industry specific stock inventory tracking management, businesses can identify slow-moving or outdated items, allowing them to make informed decisions about inventory reduction. By minimising stockholding costs, companies can improve cash flow, allocate resources more efficiently, and avoid tying up valuable capital in excess inventory.
3. Enhanced Supply Chain Management
Effective stock inventory tracking management facilitates streamlined supply chain management. By maintaining accurate and up-to-date inventory records, businesses can collaborate with suppliers, vendors, and distributors more effectively. This allows companies to optimise their supply chain processes, minimise lead times, and improve overall supply chain efficiency. By implementing industry specific tracking techniques, businesses can also identify potential bottlenecks and proactively address them.
4. Improved Customer Satisfaction
In today’s competitive market, customer satisfaction is key to success. Industry specific stock inventory tracking management enables businesses to provide timely and accurate product availability information to customers and prospects. By ensuring prompt order fulfillment and minimising stockouts, businesses can improve customer satisfaction and loyalty, leading to increased customer retention and repeat business.
5. Enhanced Inventory Visibility
Industry specific stock inventory tracking management provides businesses with real-time visibility into their inventory levels. This allows managers to make informed decisions about stock replenishment, order placement, and production planning. With increased visibility, businesses can identify slow-moving inventory, expired products, or excess stock, enabling them to make informed purchasing decisions and reduce waste.
6. Streamlined Audit and Financial Processes
Accurate stock inventory tracking management is essential for maintaining accurate financial records. By implementing industry specific tracking techniques, businesses can streamline audit processes and ensure compliance with regulatory requirements. This simplifies financial analysis and reporting, enabling businesses to make data-driven decisions and identify areas for improvement.
Inventory tracking management offers a range of benefits to businesses across various industries. From accurate forecasting and reduced stockholding costs to enhanced supply chain management and improved customer satisfaction, effective tracking techniques provide businesses with valuable insights and enable them to optimise their inventory management processes. By implementing industry specific tracking solutions, businesses can unlock the full potential of their inventory and achieve long-term success.
Small businesses in Australia benefit from ProfiitPlus’™️ inventory management software. Providing all the features you need in one easy-to-use software application, ProfiitPlus™️ is Foresiight™️’s flagship software program for POS, customer management, accounting, and stock control. Unlike static databases, live databases update data in real time. You will always have access to the most accurate and up-to-date information, providing peace of mind as a busy small business owner.
Learn more about our flagship inventory management software for Australian businesses, ProfiitPlus™️ here.
Supercharge your Stock Control with Customised Inventory Management Software for Retailers
Stock control is a crucial aspect of retail business management, whether it be in store, online or warehouse management. Effective stock control involves the efficient management of inventory levels to ensure that retailers have the right products at the right time to meet customer demand. Below we will explore the importance of inventory management software for retailers and discuss the various benefits it can bring to managing the logistics within their business.
1. Financial Benefits
Having effective stock control practices can lead to significant financial benefits for small and large retailers. By maintaining accurate inventory records, retailers can optimise their purchasing decisions, reducing overstocks and understocks. This, in turn, leads to improved cash flow and reduced carrying costs. Additionally, accurate stock control enables retailers to identify slow-moving items, allowing them to make informed choices and forecast future business decisions to better suit their target market.
2. Improved Customer Service
Effective stock control helps retailers ensure that they have sufficient stock to satisfy customer demand. By having accurate records of stock availability, retailers can proactively communicate with customers if there are any delays in fulfilling orders. This proactive approach helps to build customer satisfaction and loyalty while also avoiding unnecessary returns or disappointed customers. Additionally, stock control allows retailers to streamline their ordering process, reducing lead times and ensuring that products are always available when customers need them.
3. Enhanced Supply Chain Management
Effective stock control is vital for retailers to manage their supply chain efficiently. By having accurate inventory levels, retailers can identify potential bottlenecks or delays in their supply chain. This, in turn, improves overall operational efficiency and allows retailers to make informed decisions regarding carrying costs and even storage capacity.
4. Loss Prevention and Theft Prevention
Effective inventory management software for retailers helps identify both theft and loss. By maintaining accurate records, retailers can detect stock discrepancies quickly. This helps them identify potential theft and take appropriate measures to prevent it.
5. Data-Driven Decision Making
Stock control provides retailers with valuable data and analytics that empower business owners to truly understand their retail business. By analysing inventory turnover rates, sales patterns, and demand forecasts, retailers can identify trends, patterns, and areas for improvement. This data-driven approach helps retailers optimise their inventory levels, adapt to changing market conditions, and make informed decisions about their product lines and marketing strategies.
Inventory management software for retailers plays a crucial role in the success of business. It offers numerous benefits, including improved financial performance, enhanced customer service, enhanced supply chain management, loss prevention, and data-driven decision making. By implementing effective stock control practices, retailers can enhance their operations, optimise their inventory levels, and position themselves for success in the competitive retail industry.
Foresiight’s™️ flagship software, ProfiitPlus™️, is your complete business management software solution for managing stock within your busy retail business. ProfiitPlus™️ provides all-in-one retail stock control software for Australian retailers.
ProfiitPlus™️ supports a range of mobile devices for transactions and reporting on the go. Easily manage stock from anywhere in your store or warehouse using StockMate, ProfiitPlus’™️ mobile inventory management tool. Learn more about Foresiight’s™️, flagship stock control product, ProfiitPlus™️ here.
Key Benefits of Inventory Management Software for Small Businesses
Inventory tracking software is an essential tool for businesses of all sizes, but especially for small businesses. Within small businesses, employees tend to wear many hats, as they are spread across various sectors of the business. When it comes to customised inventory tracking and management, inventory software can streamline operations, improve efficiency, and help small businesses stay organised while minimising admin burden. Below are just some of the ways that small businesses benefit from effective inventory management.
1. Accurate Inventory Tracking
One of the most significant advantages of using inventory software for small businesses is accurate inventory tracking. By integrating inventory tracking software into their operations, small businesses can easily monitor and track the movement of products in real-time.
Manually tracking inventory can be prone to errors, such as data entry mistakes or inaccurate calculations. Within small teams, time is precious and recounting inventory can take up valuable hours. Inventory software automates this process, reducing the likelihood of errors and improving the accuracy of data. This data accuracy is crucial for small businesses as it enables them to make informed business decisions, such as forecasting future demand or optimising current inventory levels.
2. Streamlined Ordering Process
Inventory management software can also include features that enable small businesses to streamline their ordering process. The software can analyse historic sales data and suggest optimal order quantities, helping businesses avoid overstocking and save costs. Additionally, integration with e-commerce platforms allows small businesses to automate the ordering process, minimising manual tasks and errors.
3. Efficient Stock Management
Small businesses often have limited resources and storage space. Customised inventory software can be tailor made to suit your business needs to drastically improve efficiency. By identifying slow-moving or low-profit items, businesses can allocate their resources more effectively and make better informed decisions regarding inventory levels.
4. Increased Efficiency and Productivity
Implementing inventory management software can significantly enhance efficiency and productivity within a small business. By automating repetitive tasks and reducing manual errors, employees can focus on more critical tasks and improve overall productivity. Additionally, the software can provide insights into inventory trends and patterns, allowing businesses to identify areas for improvement.
Inventory management software offers numerous benefits to small businesses, including accurate tracking, improved data accuracy, streamlined ordering processes, efficient stock management, enhanced customer service, increased efficiency and productivity, and potential cost savings. By investing in inventory management software, small businesses can streamline their operations and stay ahead of the competition.
ProfiitPlus™️ is a leading inventory management software for Australian small businesses. As Foresiight’s™️ flagship software program, ProfiitPlus™️ provides you with all the features that you need for your point of sale, customer management, accounting, and stock control needs in one easy-to-use application. Live databases update real-time data, which is stored in one place. As a result, you always have access to the most up-to-date and accurate information providing you with peace of mind as a busy small business owner. Learn more about Foresiight’s™️ flagship inventory software, ProfiitPlus™️ here.
Christmas Tips for Your Business
Christmas is upon us! Whether you are closed over Christmas or have extended trading hours, there are some important things to remember.
If you are closing over the Christmas period – shut down all unnecessary workstations and devices.
- Unplug all devices that won’t be in use, in case the Summer storms cause power surges.
- If you are in a low-lying area, make sure all equipment is up off the floor at a safe height in case of heavy rains.
- Make sure your backups are working correctly and ensure you have an up to date backup to take offsite over the holiday period.
Don’t just assume your backups are ok – check, check, and check again (let us know if you need some help)!
If you have some late night trading coming up, check that any overnight processes, such as automatic posting, are scheduled outside of trading hours.
If closing up before the end of December, processing end of month will be no different to normal – this is best done on the last day before closing for the holiday.
Roll over your AR, AP, and GL periods ready for January trading.
Maintaining a healthy system
This holiday period might also be a good time to do some archiving and purging of old data from your ProfiitPlus or Alchemii system, while nobody is using the software.
Some businesses remain open over the Christmas period but are a little quieter than usual. This is a great time to do some system maintenance and tie up a few loose ends. Refer to documentation on the Support Centre for guidance, or enquire about our training sessions.
If you know you have some tidying up to do but aren’t sure where to start, or just don’t want to tackle it yourself, we can take care of it for you as part of our extended Professional Services options. Give us a call today or email solutions@foresiight.com.au for more info.
And most importantly, enjoy this wonderful time of year with family and friends!
Email Security Configuration
Recently many email providers have introduced additional security requirements when it comes to using their email servers to send email from a 3rd party application. This is part of the ongoing fight against spam and unsolicited email.
In response to these changes, Foresiight has introduced support for a number of different email security options into the application. Other more subtle changes have also been made to the way that the application sends emails, to help ensure a high delivery rate and good anti-spam scores.
This article will show you a brief outline of some of the Email settings that are available. To read the full Email Setup article, please visit the Client Portal.
Email Configuration
To setup emailing through ProfiitPlus or Alchemii, navigate to Administration | System | Communications Setup | Host Email Settings
Basic Settings
Before configuring your email for the first time, or changing to a different email provider, you will need to first contact your email provider to find out their Host email settings. Often this information will be published on the email provider’s website.
In this screen you need to enter the following details:
- Email Host (Example smtp.telstra.com)
- Port (most often this will be port 25, 465 or 587)
- Username & Password (most email providers nowadays will require you to authenticate with user credentials in order to send outbound email – in the past this was not the case)
Additional Security Settings
If your email provider requires SSL or TLS, please select the appropriate SSL/TLS Support Type and Protocol Version.
Support Type is based on what your provider recommends.
Protocol version for TLS is normally TLS 1.2, and for SSL normally SSL2 or SSL3.
Please note: If you are using Microsoft 365 or Gmail you will need to generate an “app password”, which allows email to be sent from a 3rd party application. For more information on how to generate app passwords please refer to the following links.
GMAIL – https://support.google.com/a/answer/9003945?hl=en
OFFICE 365 – How to Create App Password for Office 365
More information
You can find the complete Email Setup knowledge base article on the Client Portal or call the Foresiight Help Desk for advice on Email settings.
Business Management Software: 10 Things to Look for
Are you a small to medium sized Australian business? As a growing business you may be considering business management software. We recommend looking for a software solution with customisations relevant to your specific industry that will meet your unique business objectives. Check out our 6 Key Reasons You Need an Industry-Specific ERP System.
However, there are some key factors to look out for when searching for the right business management software solution.
- Scalability: Ensure the software can grow with your business. It should accommodate an increase in data, users, and features without major disruptions.
- Integration: Look for software that integrates well with your existing tools and systems or replaces legacy software to fully integrate your operating system.
- Features: Identify the core functionalities you need. This could include project management, CRM, HR tools, inventory management, accounting, etc. Choose software that covers most, if not all, of your requirements.
- User-Friendly Interface: A user-friendly interface is essential for easy adoption by your team. It should be intuitive and not require extensive training for basic use.
- Customisation: The ability to customise the software to suit your specific workflows and processes can be a significant advantage. Look for software that allows for customisation.
- Security: Robust security features are crucial to protect sensitive business and customer data. Ensure the software complies with Australian industry standards and regulations.
- Customer Support and Training: Check for available support resources, including customer service, online guides and training materials. A responsive support team can be invaluable when facing issues.
- Cost: Consider the pricing structure, whether it’s a one-time payment, subscription-based, or includes add-ons. Factor in long-term costs and scalability.
- Mobile Accessibility: In today’s world, having mobile access to your business management software is often a necessity. Ensure it offers mobile apps or responsive web interfaces for on-the-go access.
- Reviews and Reputation: Look for reviews from other businesses in your industry or size range. Consider the software’s reputation for reliability, updates, and customer satisfaction.
Taking the time to evaluate these requirements will help you find the business management software that best fits your needs and goals.
Finding the Right Business Management Software
Choosing the right business management software is a crucial step in streamlining operations, improving efficiency, and driving growth. By considering scalability, integration, security, and customisation, you can find a solution that meets your unique business needs.
If you’re looking for an industry-specific ERP system that helps manage inventory, sales, financials, and operations all in one place, Foresiight has the right solution for you.
We’re Ready to Help
To chat to one of our friendly business consultants about your business and how business management software can help, call us on 1800 061 670 or use our contact form and we will be in touch.
Streamline Your Pumping and Irrigation Business
Do you run a pumping and irrigation business in Australia? Are you ready to take your business to the next level? Are you looking to streamline and grow your business in 2024?
The irrigation and pumping industry has changed significantly in recent years with the introduction of new innovations such as drone technology, the extreme Australian climate and the digitisation of the way that we all work.
If you’re feeling like your business operations are out of control, we can help. We work with pumping and irrigation businesses like yours throughout Australia to do just that. Our flagship business management software ProfiitPlus – featured in Irrigation Australia – has been customised for your industry over 35 years of development.
What is Business Management Software?
The term Business Management Software can also be used interchangeably with ERP software which stands for “Enterprise Resource Planning”. The term ERP was originally coined and for big corporations but has become more mainstream so that now either ERP or business management software are applicable terms for SMEs.
Now that we’ve covered the terms, what exactly is business management software anyway?
Business management software is an all-in-one system used to manage all, or most, areas of your business. Business management software is designed to streamline, manage and integrate operations across:
- Accounting
- Sales
- Inventory Management
- Warehouse Management
- Purchasing
- eCommerce integration
- Customer Service
- Customer Relationship Management (CRM)
Does my Irrigation Business Need Business Management Software?
Is business management software a luxury or a necessity? The answer to this question really depends on whether you want your business to run efficiently and effectively. Of course, you do!
What we often find is that start up irrigation and pumping supplies business can run their businesses reasonably efficiently using different systems – for example an accounting system, a sales system and so on – only for a very limited amount of time.
Once your irrigation and pumping business starts to grow, your disparate systems will start to hold it back and it’s at this point you know that you need an integrated, all-in-one solution.
Signs that you need business management software
When we speak with owners and operations managers of irrigation and pumping supplies organisations, there are always a number of common, tell-tale signs they need centralised business management software. Do any of these apply to your irrigation business?
- Your business is successful. To see the most benefit of business management software on your irrigation business, you will be successful and have grown to a certain size with a level of complexity involved in your operations.
- You have disconnected processes. One thing preventing you from being more successful, is that your processes are disconnected. You may have a service team who are out on jobs and using parts but your stock management system doesn’t know what part they have used and therefore what or when to replenish. The two processes are completely disconnected.
- You use lots of spreadsheets. While spreadsheets definitely have their place, they also have their limitations. Really only designed for a few people to work on them at any one time. Any more than that and you will see data discrepancies that can cause operational issues.
- There’s a lot of human error. On those spreadsheets, the nature of them is that they are independent files, requiring manual data entry and therefore prone to human error.
- Data is out of date. When you look for key reports, you are looking at data that is already out of date making it challenging to make informed business decisions.
- You are time poor. All business owners are time poor, it’s a given. But if you are time poor because you are spending time on manual processes that could be automated then you are missing a real opportunity to work on your irrigation business instead of in it.
We’re Ready to Help
Foresiight has the business management software to help your irrigation business grow with industry customisations to suit.
To get started, simply get in touch with us on 1800 061 670 or using our irrigation contact form.
Does my SME business need ERP software?
Whether your small or medium-sized enterprise (SME) needs Enterprise Resource Planning (ERP) software depends on various factors. ERP software can offer significant benefits to businesses of all sizes, including SME.
Wait, what exactly is ERP software?
ERP stands for Enterprise Resource Planning and is the implementation and use of software to streamline and manage business operations including accounting, stock control and point of sale (POS).
Is ERP software right for my business?
There are some key considerations when answering the question “is ERP right for my business”. Here are some factors to consider when deciding whether your SME needs ERP software:
1. Complexity of Operations: If your business has complex and integrated processes, such as inventory (stock) management, order processing, manufacturing, and financial management, ERP software can streamline these operations and improve efficiency. This can free up your team to focus on other aspects of their role.
2. Growth Plans: If your SME is growing rapidly or you have plans for expansion, ERP software can help you scale and manage increased operational complexities. For example, ERP software can help you to manage multiple sites or locations as your business grows.
3. Data Integration: If you are struggling to integrate data from different departments and applications within your business, an ERP system can help centralise data and make it more accessible for decision-making. This increases transparency and means that you’re making informed business decisions based on accurate data.
4. Efficiency Gains: ERP systems can automate routine tasks, reduce manual data entry and human error, and improve workflow processes, leading to increased efficiency and productivity.
5. Reporting and Analytics: If you need advanced reporting and analytics capabilities to make data-driven decisions, ERP systems typically offer robust reporting tools. With Foresiight’s flagship software ProfiitPlus, you’ll benefit from reporting customised for your industry.
6. Regulatory Compliance: Some industries and businesses have strict regulatory requirements. ERP software can help you manage compliance more effectively.
7. Cost Savings: Implementing an ERP system is an investment in your business. It will result in long-term cost savings by reducing manual errors, improving inventory management, optimising resource allocation and ensuring that you keep customers happy by making sure your stock is exactly where you need it to be, to meet customer requirements.
8. Customer and Supplier Management: If you need to manage customer relationships, supply chain interactions, and vendor relationships more effectively, an ERP system like ProfiitPlus will provide you with the tools to do this.
9. Inventory Management: As mentioned above, ERP software can help you optimise inventory levels, reduce carrying costs, and ensure that you have the right products in stock when needed to get to your customers in a timely manner. This ultimately increases customer satisfaction and loyalty.
10. Access to Real-Time Information: With ProfiitPlus, you will be provided real-time data, which can help in making quick and informed decisions from anywhere that you have internet access.
11. Customisation: Over the last 35 years, we’ve customised ProfiitPlus to meet the needs of a range of industries including tools, hardware, irrigation, landscape and garden, wholesale and more.
12. Collaboration and Communication: If your business involves multiple departments or locations, ERP software can improve collaboration and communication by centralising data.
We’re here to help
If you are considering ERP software for your SME business then we’re ready to help you. Our team of business consultants have a wealth of experience supporting businesses like yours through implementation to create a more streamlined and cost-effective version of your business.
Get in touch with us today for an obligation free chat. Simply tell us a little about your business using our simple contact form and we will be in touch.
6 Key Reasons You Need an Industry-Specific ERP System
In today’s rapidly evolving business landscape, staying competitive and efficient is crucial for companies across all industries. One of the key tools that can help organisations gain a competitive edge and streamline their operations is an industry-specific Enterprise Resource Planning (ERP) system. Unlike generic ERP systems, industry-specific ERP solutions are tailored to meet the unique needs and challenges of a particular sector.
In this blog post, we will explore six key reasons why your organisation should consider adopting an industry-specific ERP system.
1. Specialised Features
Industry-specific ERP systems are designed with features and functionalities that cater to the specific needs of your business. Whether you’re in irrigation, landscaping, builder’s hardware, tools, wholesale or any other sector, an industry-specific ERP system can streamline processes and improve efficiency by addressing your industry’s unique challenges.
2. Enhanced Reporting and Analytics
Industry-specific ERPs offer tailored reporting and analytics tools that help you gain better insights into your business operations. This enables data-driven decision-making, leading to improved efficiency and profitability.
3. Order Fulfilment Optimisation
An industry-specific ERP can offer specialised features for managing supply chains efficiently. This includes inventory management, demand forecasting, and order processing, all tailored to your industry’s specific needs.
4. Customer Satisfaction
Businesses that directly serve consumers or other businesses can benefit from improved customer relationship management (CRM) features in industry-specific ERP systems. These tools help you provide better service, personalised experiences, and ultimately, higher customer satisfaction.
5. Cost Reduction
Adopting an industry-specific ERP system often results in cost reduction through improved efficiency. Streamlined processes, better inventory management, and optimised resource allocation can lead to significant savings.
6. Scalability
As your business grows, so do its needs. Industry-specific ERP systems are designed to be scalable, ensuring that your software can evolve along with your organisation. This means you won’t outgrow your ERP system, and it can continue to support your operations as you expand.
Summary
Industry-specific ERP systems offer numerous advantages for organisations looking to optimise their operations and gain a competitive edge in their respective markets. By addressing the unique needs and challenges of your industry, these systems provide specialised features, enhance reporting, streamline supply chains, boost customer satisfaction, reduce costs, and scale with your business.
Foresiight ProfiitPlus delivers all of these benefits for businesses in irrigation, landscape supplies, timber & hardware and a selection of other trade supplies related industries. Check out the industries page to see how Foresiight can help your business.
Take Control of Your Stock Today
As a small to medium sized business, if you don’t have control of your physical inventory, you’ll likely feel as if your entire business is in chaos. You need to achieve small business stock control through effective inventory management.
What is inventory management?
Inventory management is a crucial part of supply chain management. In simple terms, it aims to have the right products in the right quantity for available for sale, at the right time.
Why strive for small business stock control?
Taking control of your stock with effective inventory management in place, is crucial to the success of your business. Whether you are a hardware store, retailer, wholesaler, in the automotive and parts industry or in the landscape and garden industry. Whatever your business, if you’re dealing in physical inventory you need to have total control.
With effective small business stock control, you can ensure that you have the right products in the right quantity, at the right time. This applies to both your online and physical stores, wherever you need your stock to be to get it to your customers in a timely manner.
Effective inventory management will also mean that you will avoid products being sold out or funds being tied up in excess stock, impacting your businesses cashflow and bottom line. If you deal in products with a shelf-life, you’ll need to ensure that products are sold in time to avoid wastage and write-offs. And finally, storing your products costs money! You don’t want more stock taking up space in your warehouses than is needed.
Taking control of your stock means that your product supply and demand are perfectly in sync.
What should I look for in inventory management software?
The right inventory management software will meet the needs of your business so that you achieve small business stock control. In general terms, here are some of the features and benefits that you should be looking for:
- Seamless integration with your POS and accounting functions
- Real time tracking of every item of inventory in your business
- Reporting that helps you to forecast product demand
- Elimination of production shortages resulting in unhappy customers
- Prevention of excess stock and too many raw materials sitting in your warehouse
- Optimisation of warehouse organisation and management, making better use of your employees’ time
- Integration of the management of operations across multiple site locations and online and offline stores
- Ability to manage your business operations in their entirety, from anywhere that you have internet access.
Small Business Stock Control Methods
There are multiple methods and principles for best practice that you can adopt to help you take control of your inventory. You’ll need to select the right methods to suit your business. They include:
- FIFO – this method ensures that products are sold in the same chronological order as they were purchased or created. This method is best for businesses that deal in products with a limited shelf-life. However, even if you don’t deal with perishable items, FIFO can save you money because the longer products sit in your warehouse, the more likely they are to get damaged.
- Audits – Even with great inventory management software in place, you’ll still need to carry out periodical audits of your stock. This will ensure that the products that you think you have in stock match what you actually have.
- ABCs – Some business find it helpful to categorise products based on their value, that is categories A,B,C where As are your big ticket products and Cs are your lower value items.
We’re here to help
We’re based in Brisbane and we’ve been helping small businesses like yours to take control of their stock for over 35 years.
To get started, simply get in touch with us on 1800 061 670 or use our small and one of or business consultants be in touch.
Foresiight System Housekeeping
In order to ensure the accuracy of your data, there are a number of steps that can be followed on a regular basis to maintain your system.
Performing these simple maintenance tasks will help prevent anomalies that might arise in your stock and customer records. This is particularly important in systems where a number of users simultaneously edit Stock Items and perform administration tasks.
Housekeeping
A number of options are available in the housekeeping list that we recommend you use to keep your ProfiitPlus/Alchemii system healthy. Note that some of these tasks are best to be run on a “quiet” system (i.e. outside of your regular business hours).
It is recommended that the first five menu options be run regularly for most businesses. Often these processes will run through without actually needing to change or refresh anything – but it’s a quick and easy way for you to ensure everything is in check.
Recalculate Committed Stock
This function will review all open (unposted) Sales Invoices and Jobcards and update the current Committed quantity for each Stock Item if needed. You can run this weekly, monthly, or just as required.
Recalculate Reserved Stock (available in v4.97 and newer)
This function will review all open Sales orders and Backorders and update the current Reserved quantity for each Stock Item. You can run this weekly, monthly, or just as required.
Recalculate On-Order Quantities
This function will review all open (unfulfilled) Purchase Orders and update the current On Order quantity for each Stock Item. It’s a good idea to run this before you generate your automated orders or enter any large Purchase Orders.
Record Current Stock Valuation
This function will take a “snapshot” of the current quantity and value of all stock on hand (for all stock locations). This can be useful for auditing purposes and is recommended to be run at the end of each month and/or the end of each financial year. Please note: run this outside of trading hours.
Recalculate Customer Balances
Customer accounts within the Accounts Receivable module contain detailed information about invoices, credits, payments, and all other transactions on that account. In other areas of the system, a much simpler account balance “sum” is used to quickly and efficiently display just the current total outstanding balance of the account. Occasionally this can become out of sync with Accounts Receivable and needs to be refreshed.
This function is used to update any Customer account balances that have become out of sync. It is recommended to use this each month before your statement run.
Additional Housekeeping
Note: The next two processes would be used rarely, if at all, on most systems.
Data Compactor
Compacting data reduces the complexity of stored information. We highly recommend that you backup your data before running this process!
Re-Build Indices
This function re-builds the indexes of a selected table or all tables in the database. This is not normally required as part of your regular maintenance. Please speak to your Foresiight support consultant before running this process!
Please Note: Data Compactor and Re-build Indices don’t need to be performed as part of normal maintenance. Only use these facilities where absolutely necessary or if instructed to by your Support Consultant.
What else can I do?
There are a range of other functions that can help with maintaining a healthy system and a healthy business.
Stock Maintenance
For example, take a look at the following reports under the Stock menu in the Administration module and consider if this should be part of your regular maintenance routine:
- Stock Exception Report
- Negative Stock On Hand Report
- Cross-references Exception Report
Archiving & Purging
Archiving or purging old and disused data is an important part of keeping your system in good shape and performing well. This is particularly important when your business has been running on the system for many years.
Check out this post for more information: Archiving & Purging
Ask Us How
Every business is unique and uses the system in different ways. In some cases these processes should be run every week, for others monthly is fine or simply ad-hoc when required. Please speak to your Foresiight support consultant for some general advice, or book in a Consultancy session with one of our specialists for advice specific to your business.
Business Software Beautifying Gardens, Lawns and Businesses!
Seedlings growing, representing how business management software can help landscape and garden businesses to grow.
Flourishing Flowers, Flourishing Businesses
What’s more beautiful than a flower? Flowers come in a wide range of sizes, shapes, and colours, and each one has its own special meaning behind it. Whether you realise it or not, flowers are a huge part of our culture and our society.
From those businesses who help send them out into the world like florists, to landscape and garden supplies businesses, to those who receive them on birthdays, Valentine’s Day, or any other special occasion, the give and take of flowers is also an important part of our culture and economy. Foresiight’s business management software solutions are customised for the landscape and garden supply industry and we can help make your business bloom the same way your flowers do.
Foresiight has been providing our business management software solutions to businesses all over Australia for more than 35 years. Whether it’s Alchemii for pharmacies, the highly customisable Liinc, or our flagship business management software ProfiitPlus, we help you grow your business no matter your industry. If you need help with accounting, inventory, point of sale (POS) systems, or you need small business online store integration, we’re the perfect choice to help you grow.
The Importance of Growth
It takes more than just water to grow beautiful flowers. You also need fertiliser, sunlight, and the right know-how. What if you give them too much sun? Or too much water? You need to know the right amount of everything that your flowers need or else you might end up giving them too much of something. Dead flowers are of virtually no use to anyone.
It’s the same with growing a business, you need to use just the right touch every step of the way.
It begins at the point of sale (POS). POS comprises of hardware and software, cash registers taking in physical money or processing online transactions and recording the details. If they’re not fully compatible then the smallest details can be off and grow into a big problem. With every flower or plant that gets sold, or job that gets booked in, your landscape and garden supplies business POS system needs to be in perfect harmony to make sure that mistakes don’t get made.
Keep on Growing
Like planting a seed, planting the right POS system in your business is just the beginning of things. Just as a growing flower might need to be trimmed, repotted, or moved somewhere with better sunlight, so too does a business need to make sure it has enough space to grow and no dead weight holding it back.
ProfiitPlus from Foresiight is the customised solution you need. With its constantly accurate accounting system, you’ll avoid any doubt as to whether your books are perfectly balanced or not. With its automatic inventory purchasing, you’ll never spend money overstocking yourself on a product that you don’t really need, nor will you ever find your shelves empty or your customers deprived of those most vital and popular products.
Bright Flowers, a Brighter Future for Your Business
It doesn’t matter if your small business is in the flower industry or not. Either way Foresiight has the business management software that can help your company grow and blossom all the same with a range of industry customisations.
To get started, simply get in touch with us on 1800 061 670 or using our contact form.
Helping Irrigation Businesses Survive Heat Waves
Australia isn’t just a sunburnt country, it’s the sunburnt country. Our summers are scorching, and unfortunately things just keep on getting hotter year after year. There is perhaps no one this affects worse than our farmers, but that means that those who help them are almost as badly affected. This includes Australia’s irrigation supplies businesses. But don’t worry, if this is you, we’re here to help.
For more than 35 years now, Foresiight has been providing leading Australian business management software. While we have several specialised business management software solutions, our flagship product ProfiitPlus is the perfect option for irrigation supplies businesses looking to streamline their business and survive Australia’s scorching summers. Here’s how we can help.
The Problem with Summer
With summer on the way, temperatures across the country are on the rise. When soil and air temperatures exceed a certain threshold, it can damage plants. Those growing our nation’s crops need a little extra hand keeping them irrigated to prevent this from happening, and that’s when they’ll turn to businesses like yours for help.
Suddenly your business is booming, and Australia’s irrigation suppliers are in demand. You need to keep up with the change in business, because if you falter, yours isn’t the only business that suffers. When you take a hit, so do your customers.
A Business Management Software Solution
If you’re in the business of irrigation supplies, business management software is the answer to your summer woes. Keep up with the drastic increase in sales with ProfiitPlus’ fully integrated Point of Sale (POS) hardware and software.
Never fall behind on stock as your new centralised system has your POS telling your inventory tracking to update after each sale, which then automatically orders new stock for your business the second that it detects you’re running low on vital products. As all this is going on, your business management software takes all this information and makes sure that your accounting info is updated accordingly too. With ProfiitPlus, nothing ever falls behind, and neither does your business.
A Better Business Every Season
When summer finally comes to an end and things become a little bit easier to manage on your own, that doesn’t mean you no longer need business management software. Far from it, as ProfiitPlus makes sure that your business is optimised all year round, through the busy times and the quiet times.
With every sale your business makes, ProfiitPlus captures relevant sales data and then puts it to good use. With its Customer Relationship Management (CRM) functionality, ProfiitPlus makes it easy to stay in touch with your customers and keep them engaged with your organisation. Build eye-catching newsletters and memorable marketing campaigns and promotions that keep your customers thinking about your store and make sure that they come back to visit you the next time they need some new irrigation supplies.
Summer is Right Around the Corner!
Don’t wait for things to get out of hand before you think about getting business management software. Preparation is key to avoiding any catastrophe, so ensure you’re prepared for the summer slam with Foresiight and ProfiitPlus.
As featured in the Irrigation Australian Journal, ProfiitPlus, has been customised to meet the unique needs of your industry. For any questions about Foresiight, our flagship business management software ProfiitPlus, or how we support Australian irrigation businesses like yours, please don’t hesitate to get in touch with us today. Speak to one of our friendly and helpful team members by giving us a call on 1800 061 670 or use our contact form for irrigation businesses like yours and we will be in touch.
Beautifying Your Business with Business Management Software
A full service landscape yard handles an incredible variety of tasks to remain competitive. There are manufacturing processes, maintenance bookings, product ordering and delivery and so much more. It’s a complex business and often the operational aspects of business can take away a business owner’s focus from strategic growth.
With business management software your landscaping company, the operational side of your business is taken care of. Meaning that you can focus on growth and your landscape yard can really bloom, pun very much intended.
Foresiight has been helping landscape yards across Australia for more than 35 years now. Whether your landscape yard has a few employees, a few dozen, or even a few hundred, with Foresiight’s flagship business management software ProfiitPlus, you can root out the weeds to really beautify your business.
Weed Out Your Accounting
Making sure your accounting books, records, or ledgers are always perfectly balanced is key to ensuring a landscaping business, or any business for that matter, successful. One little mistake, a decimal in the wrong place or forgetting to carry the one, and a simple typo can throw everything else into disarray. Not to mention the time it takes to find and fix the initial error.
With ProfiitPlus, you don’t need to worry about any of that. Our business management software handles all your accounting needs for you. With only minimal human input needed to get started, you can rest assured your accounts will always be balanced, accurately, automatically, and efficiently.
Sow Your Stock Management
Landscape yards have larger inventory pools than some other kinds of businesses. Lumber, soil, saplings, tools, and so much more, all going in and out of your doors in the blink of an eye. It’s a lot to keep track of.
Not with ProfiitPlus. ProfiitPlus automatically handles your inventory too. It updates your stock records whenever a sale is made, and it can order more for you when it detects you’re running low on something.
Plant Your Point of Sale
Landscape yard POS (Point of Sale) comes with both hardware and software components. That means you need to make sure each is compatible with the other to ensure things run smoothly.
When you get ProfiitPlus, you don’t just get the POS software, we’ll send you the hardware too, so you know they’ll always work in harmony. We also rigorously test each piece of equipment to ensure it’s up to our high standards before sending it out.
Cultivate Your Customers
The most important part of growing any business is growing your customer base. A friendly customer service attitude is a great start, but in the digital age there’s more you need to be doing.
With ProfiitPlus’ customer relationship management functionality, you can stay in touch with your customers by easily crafting memorable marketing campaigns and promotions that keep them coming back to you for their landscaping needs.
Fix Up Your Forecasting
ProfiitPlus collects and analyses data with each function it performs. This lets it make incredible, accurate, and above all, helpful predictions when it comes to running your business. Never been surprised again when the rainclouds of a business slump appear on the horizon. With ProfiitPlus you’ll always be prepared.
Blossom with Business Management Software
All you need to do is get in touch with Foresiight today. Simply call us on 1800 061 670 or use our landscape yard contact form and a member of our support team will be in touch.
Supporting the Great Outdoors with Landscape Yard Business Management Software
It never stops being a strange feeling, being cold in Australia. Wearing your jumper in this sunburnt country, even when it makes you comfortable it’s just never completely right, is it? But even without snow, the reality is winter is here, and though it’s already getting warmer outside, we’re still a few months away from the great Australia summer that we’re famous for.
Those of us lucky enough to work outside have no doubt been feeling the slump in business, the same one that comes every winter. That might all be about to change, but the impending rush will come with its own stress if you’re not forward thinking and fully prepared. All over the country smart people are already planning their big, outdoor, summer projects, and prepared landscaping yards are getting ready to meet them.
Landscape Yard Business Management Software
Foresiight has been helping landscaping business owners like you be ready and stay on top of their game for more than 35 years now. Based in Brisbane, and servicing companies all over Australia, we’re ready for summer and we can make sure that you are too thanks to our flagship business management software, ProfiitPlus. If you’re in the landscape & garden supplies industry, landscape yard business management software will make sure you’re prepared for the future. Here’s how.
This Winter
Like we said, odds are things have been a bit quieter than usual around your landscape yard this winter. That’s normal. And maybe they haven’t, that’s awesome! Either way, now is the best time for you to be looking at how to ensure that things don’t stay quiet. Regardless whether you’ve asked yourself the question of how to make things better, the answer is business management software.
Whether self-run, a small business, or a larger organisation, ProfiitPlus handles accounting, inventory, ordering, point of sale systems, and even more. It’s everything you need to run your business and to make sure that when the busy times come that you’re not weighed down by a bigger load than you need to be.
Enter Summer
Once the weather starts to heat up, Aussies will look to their local landscape yard business to improve their outdoor spaces for the long, hot summer to come. When the sales start picking up, you’ll need to be prepared to handle everything as efficiently as possible with no mistakes.
A forward-thinking business has landscape yard business management software to make sure they stay on top. Point of sale? With ProfiitPlus your hardware and software are guaranteed to be fully integrated. Accounting? Your numbers will automatically be recorded after each sale. Inventory? Our landscape yard business management software orders new products for you when it detects you are running low, making sure your yard is always fully stocked!
Next Winter
Time goes on, and sooner or later things will quiet down again. You’ve got business management software, so that means you’re fully prepared this time, right? Nope. Any business owner knows the game never ends. Now’s the time to keep your customers engaged so when their needs arise again, you’re ready to be by their side. With ProfiitPlus’ customer relationship management functionality, you can craft epic marketing campaigns to ensure that when they need landscaping services again, they call you first.
Right Now
To get your landscape yard ready, for both the busy times and the quiet ones, make sure you have ProfiitPlus landscape yard business management software. Simply get in touch with Foresiight today to get started by calling 1800 061 670 or use the easy contact form on our landscape supplies page.
Foresiight: Rug Up for Winter
It’s cold and it’s only going to get colder, folks. Australia is a country known for its magnificent summers and equally beautiful beaches. It’s not much of a surprise then when you realise that means people go out less often during winter, and that can mean a drop in performance for your small business. It’s nobody’s fault, it’s just an unfortunate reality that people like to stay indoors where it’s warm rather than go out to have fun or do some shopping.
It doesn’t end there. That stay indoors mentality carries over to online businesses too. Sure, so many businesses operate online these days, some don’t even have a physical location, but that doesn’t mean that online businesses aren’t also feeling the winter pinch.
Now is the time when you should be doing everything you can to make sure that your business remains thriving, and business management software from Foresiight can help you do just that. Foresiight has the solution to your business’ winter blues, and with our leading and customisable business management software. Brisbane based ourselves, we know just as well as you do the kinds of challenges you’ll face in the next few months, and that’s why we’re here to help.
Winter Woes?
When it comes to Australia’s winter slump, some businesses have an even harder time than others. Consider those which operate primarily outdoors. A landscape yard’s POS (Point of Sale) system, for example, is going to see a lot less traction during the colder months for the simple fact that people want to spend less time outdoors.
So when customers do come through your landscape yard, or other small business, or purchase via your website, it’s important to get things exactly right. You can’t risk telling a customer that you still have a product in stock when you’ve just sold out or forget to reward them with a discount. You need everything operating with peak precision, and for that to occur, first you need business management software.
A True Winter Wonderland
When the winter crunch hits your business, the best way that you can be prepared is with business management software by your side. ProfiitPlus from Foresiight does everything you could possibly need it to, regardless if you’re trying to get people to come through your doors or visit your website. And if you’re trying to do both, then that’s no problem either!
ProfiitPlus is centralised. That means that each activity it performs for your business communicates with every other activity. Every sale is recorded by its Point of Sale (POS) functionality which then updates your financial and inventory records to ensure that all your numbers add up one hundred percent correctly.
ProfiitPlus is automatic. That means all you need to do to get it started is switch it on, and suddenly your whole business is up and running. Ultimately, what this really means is efficiency. It means saving you valuable time. Finally, it means that you now have the focus you need to run your business properly, to stay on the top of your game during the dreary winter months and do whatever it takes to keep your customers coming back to your business. Maybe use ProfiitPlus’ Customer Relationship Management module to draw them in with a spectacular promotional campaign?
Warm your Business this Winter
Don’t let winter get you down. Whether you’re looking for a landscape yard POS solution, online store integration or you want to have a chat about customising ProfiitPlus for your business, give Foresiight a call today on 1800 061 670, use our contact form or our online chat, to get in touch.
Australia’s Business Management Software Solution
Australians are well known as battlers. We don’t give up, we love an underdog, and we’re not afraid to bite off more than we can chew. It’s no wonder then that when it comes to small businesses, Australia has so many. Running a small business is no small challenge, but we’re a country that’s up to the task.
Foresiight has been helping Australian small business owners like you to grow and succeed for more than 35 years now, all thanks to our business management software solutions. Based in Brisbane ourselves, we know exactly what separates Australian small business and we put that knowledge to use helping our clients get ahead.
It doesn’t matter what kind of small business it is that you own, we can help you out. Our offerings include Alchemii for pharmacies, the highly customisable Liinc, and our flagship product, ProfiitPlus. Our products cover everything an Australian small business could possibly need, and helps make running things quicker, easier, and cheaper too. It’s no surprise then that so many companies are turning to Foresiight as one of the providers of the best business management software in Australia.
What Separates Aussie Businesses from the Rest?
We’re known as a friendly and hospitable nation, with mateship being a quality we admire. When it comes to small business, we appreciate a similar informal and friendly approach to how business gets done. Generally, as small business owners, if we treat our clients as we would treat our friends, we are rewarded with their loyalty and repeat business. When we don’t, our customers may just take their business elsewhere.
Whether you run your small business in the city or in a small rural town, when you treat your customers the right way you’re sure to see the same, familiar faces again and again. Ask any business owner – repeat customers are paramount to making a business successful and then keeping it on top.
Finally, what’s more Australian than a fair go? The overlap with friendliness and loyalty is clear… be fair to your clients and you’ll not only win their respect, but their business.
Foresiight’s Solution to help you Stand Out
The functionality of ProfiitPlus, with its industry customisation can help you stand out from your competitors.
With its Customer Relationship Management (CRM) functionality, ProfiitPlus captures all relevant customer information at the point of sale which you can then use to build customer communications like newsletters, marketing campaigns, and other promotional materials. Show your customers that they matter to you, that you remember each and every one of them when you reach out to contact them. No more sending out generic materials that just get deleted or tossed away. Create a friendly face for your company that customers will recognise and respect.
But ProfiitPlus does so much more than just that. With its POS functionality communicating not only with its CRM, but also its accounting, ordering, and inventory records, everything will always be timely, efficient, and accurate. Ultimately, that means everything will be fair. Whether it’s an error in a landscape yard’s finances or a hardware store’s stock software, you can say goodbye to these tiny mistakes, little human errors, flowing on to affect your customers and causing them grief.
What are you Waiting For?
To get started with Foresiight, all you need to do is give us call us on 1800 061 670 or use our simple contact form and a friendly member of our team will reach out to see how we can help you.