ProfiitPlus hardware store POS

ProfiitPlus hardware store POS

ProfiitPlus hardware store POS software integrates point of sale (POS), accounting and stock management. It’s trusted by hardware stores throughout Queensland and Australia-wide to provide the functionality and smarts that you need for the hardware store industry.

At Foresiight, we’ve been helping hardware stores to become more efficient and profitable for over 35 years. We’ve taken our learnings, to customise ProfiitPlus to meet the needs of our hardware store clients, now and into the future.

Our team of business consultants work with our hardware store clients to implement ProfiitPlus software across their multiple sites and ensure that staff are confident and comfortable with the software.

ProfiitPlus features

With ProfiitPlus hardware store POS, you will benefit from all of the standard features of our flagship business management software including:

All in one solution

  • One centralised database integrating point of sale, stock and accounting across all stores and sites
  • Transactional tracking from sale all the way through to your profit and loss statement
  • Full automation with no manual data entry
  • Track information by store, region, state or individual team member

Point of sale (POS)

  • Quick and efficient touch screen interface
  • Apply discounted promotional pricing
  • Added security with Store Manager and Head Office override passwords
  • Improve your customer experience with account retrieval and membership renewal
  • Prepare and manage invoices, orders and quotes from your point of sale
  • Record layby products by customer, record payment and set reminders

Real-time data

  • View up to date data in your chosen format
  • Enter a transaction at point of sale and stock levels, sales reports and accounting reports update instantly
  • Real time information provided to all levels of your business
  • Performance monitor across multiple POS terminals with instant reports

Stock Management

  • Control stock across multiple sites, stores and regions
  • Replenish orders for dispensed stock
  • Forecasting based on sales figures, stock holding and projected sales
  • Generate orders based on minimums and maximums
  • Order from hand-held scanning terminals
  • Central warehouse and distribution facilities

Accounting

  • In-built general ledger accounting system runs from the same database as POS
  • Full double entry accounting system
  • Live profit and loss balance sheet
  • Budgeting and financial analysis
  • Year on year reporting
  • Link to external payroll systems

Performance

  • Track and analyse performance by store, team members, sales channel, regions and more
  • Set performance targets for regions, stores and staff
  • Track average value per transaction and average number of units per sale

ProfiitPlus hardware store POS features

  • Simple touchscreen POS sales and trade counter style invoicing
  • Multiple pricing levels for customer-based pricing
  • Full promotion management for group and local promotions
  • Print shelf talkers and shelf labels
  • Sell items in unlimited units of measure with automatic stock control based upon preset ratios
  • Track serial numbers for high ticket items
  • Scan and create barcodes
  • Track fulfilment of customer orders – associate purchase order lines with sales orders
  • Integrate IHG & Mitre10 for electronic ordering and invoicing, Electronic Price Guides and Vii Loyalty
  • Price updates from a huge range of suppliers
  • Manage ratio items such as chain, rope and gas – buy it by the roll, sell by the metre or any other preferred denomination
  • Automatically maintain stock and pricing using predefined ratios and markups
  • Sell and purchase in different units of measure, including the purchase of gas in kilograms and sold in litres
  • Accommodate retail, wholesale, trade and contract pricing
  • Create quotes, special orders and sales from POS interface
  • Send customer messages from POS with automated messages or targeted SMS
  • Email invoices, orders, quotations and customer documents from POS

Foresiight support

Customisation

  • We will work with you to customise our software to precisely fit your business needs

Consultation

  • Our team of business analysts will review your business and provide a customised solution to cater for your present and future needs

Implementation

  • We work with businesses on-site for “implementation week” to ensure that you get all the support you need and a smooth transition

Training

  • We provide full on-site training to both front of house and back-office staff

Technical support

  • Our dedicated team of IT consultants are on-hand to support you every step of the way and you’ll always speak to a real person

Further information

Find out how ProfiitPlus hardware store POS can help your hardware store business to grow. Visit ProfiitPlus for hardware and building or use our easy contact form and we’ll be in touch.

Why you need landscape yard business software

As a small to medium sized landscape yard supplies business, you need a software solution that is built for the complexities of your industry. While “off-the-self” software solutions are readily available they don’t offer the industry customisations that you need to grow your business. At the other end of the spectrum, custom-built or bespoke software is out of your price range.

ProfiitPlus landscape yard business software is our leading business management software customised for your industry. Over the last 35 years, our team of business consultants have partnered with businesses in the landscape supplies industry and through this experience industry specific functionality has been incorporated.

What to look for in landscape yard business software

Using “off-the-shelf” business software has its limitations for a landscape yard business. These limitations can hold your business back, negatively impacting your profit margins.

What will I get with ProfiitPlus?

With ProfiitPlus, you’ll benefit from the following landscape and garden supplies business features:  

  • Support for unlimited ratio stock items – sell by the tonne, the cubic metre, quarter metre, trailer and more
  • Generate new stock items and update existing products with quick and easy bulk editing tools
  • Buy and sell in different units of measure – purchase by the tonne and sell by the metre
  • For front counter sales choose from trade style invoicing screen or cash register style
  • Create quotes, job cards, special orders and invoices
  • Easy drop-shipping – take orders at the counter and create purchase orders on-the-fly to deliver straight to site
  • Keep in touch with your customers via integrated SMS and email
  • Print delivery dockets with weight, size and delivery instructions
  • Import electronic price file updates from your suppliers
  • Accommodate commercial, trade, council and retail pricing with flexible pricing structures
  • Create pricing structures for individuals or groups of customers
  • Print delivery dockets with weight and volume
  • Manufacturing processes for re-potting as plants grow and increase in value

What you’ll get with Foresiight

When you partner with Foresiight you’ll get more than ProfiitPlus software. Based in Brisbane, our team of consultants make your business their business and work with you to help you grow.

Further information

Visit ProfiitPlus for landscape and garden supplies or use our easy contact form and we’ll be in touch.

Quick Items in Invoicing

Note: This feature applies to ProfiitPlus & Alchemii versions 4.91 and newer.

What are Quick Items?

Quick Items are available in the Sales Orders & Invoicing module, providing an easy way to select a product to sell with just a couple of button clicks.  Each Quick Item is presented visually as a large button within a structured menu system, similar to the Touch Buttons found in the Cash Register module.

Typically this would be used for products that are not barcoded due to their small physical size (e.g. individual nuts, bolts, irrigation fittings), or that cannot be barcoded due to the nature of the product (e.g. soil, gravel, pavers).

Setting up Quick Items

Navigate to Sales Orders & Invoicing | System | Enter/Edit Quick Items

You will now see the Maintain List of ‘Quick‘ Items setup screen.

To setup Quick Categories, click on the Quick Categories tab and click the Add button to add a Category. Enter a name for this Category, and select a Parent Category if required.  Categories can be nested multiple levels deep, to enable grouping of products for easy navigation during Invoicing.

Click the Save button and you will now see the Category under your List of Quick Pick Categories.

To setup Quick Items, click on the Quick Items tab and click the Add button to add a Stock Item. Enter a Stock Code, Description, and Category.  If a Location is selected, this Quick Item will only be displayed on terminals at that Stock Location – this is useful for multi store or multi location systems.

You can also set a background colour & text colour.

Once completed, toggle back to the Quick Items tab and you will now see the new Quick Item created in the list.

Using Quick Items in Invoicing

When raising a Sales Invoice (or Quote, Order, etc.) you will now be able to see the “Quick Item” button at the top.  Clicking this button will pop-up your customised Quick Items screen. 

First, select a Category…

…and then a Quick Item.

The selected product will now be added to your Invoice.

Need a hand?

If this is a feature you’d love to use but it all sounds like a bit too much work to get started – our Professional Services team can help out. Just give Foresiight a call on (07) 3356 2772, and for a small fee we can arrange to setup your Quick Items on your system for you.

Foresiight Professional Services

Foresiight Professional Services

As a Foresiight customer with an active Support Agreement, a range of helpful support services are available to you as part of your annual Support Agreement. In addition to these standard inclusions in your Support Agreement, Foresiight also offers a range of specialised Professional Services.

For businesses that are looking to further enhance their use of the software, our Professional Services are the key to getting the most out of your systems. We help to drive continuous improvement – streamlining processes and introducing efficiencies in order to gain a competitive edge.

Foresiight Professional Services are available for purchase in blocks of 10 or 20 hours. Your package can be used in increments of just 15 minutes for a wide range of services such as:

  • Business process consultancy
  • Document design customisations
  • Custom Excel reports / SQL queries
  • User training
  • Reporting and analysis
  • Technical services
  • System maintenance, data archiving & purging
  • Accounts research/investigation
  • System Security audits

Each package remains valid for 12 months, giving you plenty of time to plan for your consultancy needs.

We can design a plan around your specific requirements, and help you to take the next steps in your business growth.

Email or call us today on (07) 3356 2772 to find out more.

How to find the right Business Management Software in Australia

When faced with any important decisions in business or in our personal lives, weighing up the pros and cons is often a methodology we apply to help us make a rational decision.  

Deciding whether to upgrade your Australian small business to all-in-one business management software is no different. However, before even considering the pros and cons, you need to evaluate your business’ needs. Identifying the challenges that you are hoping to overcome and consider business management software as part of the solution.

Identity your business challenges

You know that things just aren’t working as effectively as they could but beyond that, can you pinpoint where the issues lie? It’s a good idea to go through this exercise as a starting point, before looking at the potential pros and cons of business management software.

At Foresiight, we’ve been working with small businesses throughout Australia and across various industries for over 35 years. Our leading business management software ProfiitPlus helps Australian businesses to take control.

Some of the challenges that they have experienced that ProfiitPlus has solved include:

  • Data inconsistencies and discrepancies throughout their business and from department to department
  • Multiple data entry taking up time that staff could better spend on other tasks within the business
  • Issues with stock such as under-ordering, over-ordering, spoilage and an inability to identify seasonal trends accurately
  • A requirement for business owners to be on-site and to micro-manage people and processes
  • End of year stock take becomes an overwhelming task and drains resources each year end
  • They are still using spreadsheets for project management causing processes to run inefficiently
  • They want to grow their business across multiple locations and need operations across locations to be integrated
  • They need to expand their sales into e-commerce and integrate operations with their bricks and mortar store(s)

Procrastination is common!

If you know you need to do something about your business operations but you haven’t quite got around to it, don’t worry, procrastination is common! Often, the thought of implementing new business management software seems like a mammoth task and business owners put it off for as long as possible.

However, if you are experiencing two or more of the challenges listed above (or even one depending on the extent of the issues that it is causing) it’s time to take action.

Working out what you need

Get your thoughts together with some lists to help you to work out what you need from your business management software.

List 1: All the software / systems that you currently use (such as accounting, inventory, etc)

List 2: The “must-have” features that you use already and need to grow your business (such as financial reports, international currency, etc)

List 3: The “desirable” features that will make your business more succcessful in the future (such as custom reports, manufacturing, etc)

Creating these lists will help you to start to identify potential business management software that will meet the needs of your Australian small business now and into the future.

Industry customisations

Some of the industries that we work with include:

Local support

For many Australian small businesses, it’s beneficial to have support from a local partner like Foresiight. We are based in Brisbane and when you call us for support you will always get to speak to a real person who understands your business and your industry.  

Further information

To find out more about Foresiight’s leading business management software ProfiitPlus, simply call us on 1800 061 670 or use our easy contact form to tell us about your business and we’ll be in touch.

ProfiitPlus v4.95 New Features

ProfiitPlus v4.95 New Features

Version 4.95 Features & Improvements

We have added some exciting new features to ProfiitPlus & Alchemii.  Browse some of the highlights below, or login to the Support Centre to read the complete release notes.

Manager Override Password

A major change to the use of manager override passwords has been implemented. Manager passwords are now set directly against selected Staff Members (aka Salespersons). This gives greater flexibility to set numerous passwords, rather than the previous method of a store-wide manager password that may have been shared amongst multiple staff.

This subsequently enables more detailed auditing on who is authorising transactions that require the manager password. Set up is via Administration | System | Edit Staff Detail | Detail tab.  


Negative Stock On Hand Report

A new report has been created for reviewing negative stock on hand – to help identify products being purchased or sold under the wrong Stock Code. This report can be printed per stock location or for all stock locations: Administration | Stock | Negative Stock on Hand Report.

Maintenance Records

A new feature to set an internal “Warranty” account is available in Maintenance Records. This would be used where a warranty job is to be performed for a “Unit” but the parts & labour are to be invoiced against an internal account, rather than the owner of the Unit. This is configured via Maintenance Records | System | Set Up Options | Warranty Account.  


Special Buy In’s

A new label design is available to print labels for Stock Items that were purchased in for a customer via a Sales Order, also known as “Special Buy In’s”. These labels can be generated after entering a Purchase Invoice or a Delivery Docket. The label design can be customised to print the customer details, the ordered item details, the Sales Order number, and more. Please contact Support for assistance to configure this new feature.

Productivity Report

A new sales report is available via Report | Sales Analysis | Productivity Report. This report will show revenue by Major Group for the date selected, the current month to date and the two previous months. It includes a summary showing value per sale, item count per sale, and some other productivity metrics.  

 
 

Quick Invoice Search

New search options are now available via the Invoice Enquiry by number lookup to allow the user to search for subtotal, by customer name and keyword search. The “total” search allows a customisable variance – e.g. find an invoice that was approximately $100, plus or minus $5.    

Purchasing

Auto Generate Purchase Orders will now remember certain criteria selections when choosing a regularly used Supplier.  After generating an order, most selections will now be automatically saved for next time you order against that Supplier.

Supplier Catalogues

The Supplier Catalogue (Lookup Catalogue) stock list has been enhanced with new filtering options to assist with a more intuitive search.  Also added is the ability to multi-select Stock Items to transfer to the main stock file.  This is a powerful feature when, for example, you wish to start stocking a new range of products from a Supplier.  

Paperless Office – Reduce Filing, Save Time & Money

Paperless Office – Reduce Filing, Save Time & Money

Sick of filing paper documents?

Its time to go paperless!

Moving from paper to digital documents can save you a lot of time and money. Accountants and bookkeepers alike love the ability to review documents on the fly. Not to mention doing 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…

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 (07) 3356 2772.

Why you should switch from MYOB Retail Manager to ProfiitPlus

At Foresiight, we regularly work with businesses across a range of industries who are ready to upgrade from the retail or POS software that is holding them back.

ProfiitPlus is a great alternative to retail and POS software such as MYOB Retail Manager because it is so much more than just retail software. ProfiitPlus is all-in-one business management software.

MYOB Retail Manager certainly has an important role to play, serving small business retailers. However, what we often find is that as small business retailers grow into larger business retailers, they in turn outgrow the functionality of MYOB Retail Manager.

At Foresiight, we’re here to help small retail businesses grow beyond their current state and ProfiitPlus plays an important role in this.

Why is ProfiitPlus all-in-one business management software better?

What does “all-in-one business management software” actually mean? And how will it benefit your business? Let’s take look:

Integration

At its core, all-in-one business management software runs each of the following business functions from one database, enabling full integration:

  • Point of Sale
  • Stock control
  • Accounts

Automation

With your core business functions integrated in one database, data feeds automatically and seamlessly throughout your business. There is no need for multiple or duplicated data entry and you will always have access to real-time data from anywhere that you have an internet connection.

Accuracy

Through this automation, you will greatly reduce or even eliminate human error. This means you can have full confidence in the accuracy of your data and the business decisions that you make based on your data.

Add-ons

Further to this, you can also choose to add-on modules to suit your business needs. Some of ProfiitPlus’ add-on modules include:

  • Paperless Office
  • CRM
  • Loyalty & Rewards
  • Maintenance Records
  • Data Import/Export
  • Job Scheduler
  • eCommerce
  • Industry specific EDIs

Personal approach

At Foresiight, we take a consultative approach, partnering with our clients to help drive business growth. From implementation through to ongoing support, we pride ourselves on the personal service that we provide and the value we add to our client’s businesses. When you call Foresiight, you will always get to speak with a real person who understands your business.

Industry knowledge

Over the years, ProfiitPlus has been refined and customised for the key industries that we support. These include:

How difficult is it to switch from MYOB Retail Manager?

For businesses switching from MYOB Retail Manager to ProfiitPlus, we keep things as simple as possible.

We provide data conversion services to extract your most important data from MYOB Retail Manager and import it into ProfiitPlus. We are experts at converting information about your customers, suppliers, stock items, product groups, and account balances – to help make the transition a seamless one.

Our team of business consultants are here to support your business in the implementation of ProfiitPlus at every level of your business with training and consultation services. 

What our clients have to say

“Foresiight made the switch from MYOB Retail Manager to ProfiitPlus seamless. They really were with us every step of the way and now 6 months in we’re certainly seeing the benefits for the business.” – Business owner, Group of Hardware Stores

Further information

To find out more about Foresiight’s leading business management software ProfiitPlus, simply call us on 1800 061 670 or use our easy contact form to tell us about your business and we’ll be in touch.

How business management software works

Business management software, by definition is an application or set of programs that help businesses support, improve, and automate their operations and business processes. Business management software helps an organisation to eliminate errors, complete business tasks efficiently, report on key business metrics and increase overall efficiency and effectiveness.

Sounds great right? But how does it all work?

How business management software works

Well, that question is a little bit like the proverbial piece of string because there are lots of different types of business management software on the market and how they work differs based on how sophisticated (or complex) they are. The most effective and beneficial systems integrate business operations into one centralised platform, like ProfiitPlus.

To explain this further, let’s break down the different components of business management software.

Point of Sale (POS)

A point of sale, or point of purchase, is where your customers check-out either physically or virtually. It is the system that processes payment and gathers customer information enabling their purchase.  

Accounting

Your accounting system performs various accounting and bookkeeping tasks. It stores your business’s financial data and most modern systems automatically enter, store and analyse financial data.

Stock Control

Stock control, or inventory control, is achieved using a system that shows how much stock your business is holding at any given point in time and enables you to you keep track of it so you know exactly where it is. This applies to every item you use to produce a product or service, from raw materials to finished goods.

CRM

CRM stands for Customer Relationship Management. A CRM system enables you to store customer and prospect contact information, identify sales opportunities, record service issues, and manage marketing campaigns, in one central location. CRMs should make information about every customer interaction available to anyone at your company who might need it. For example marketing information is available to the sales team and vice versa.

If each of the systems detailed above exist in isolation within your business, then your business isn’t running effectively or optimally.

Why should you use business management software?

If you’re still not sure why you should use business management software, let us explain. When used correctly, business management software will help you manage everything in your business. If you are a business owner or manager it means that business operations can run without you and you can still keep on top of everything from anywhere you have an internet connection. Business management software will streamline business operations, increasing efficiency and profit margin and enabling your business to grow.

What should you look for in business management software?

Let’s be honest, there are a plethora of options when it comes to business management software from providers both in Australia and overseas. There are off-the-shelf solutions, bespoke systems that are built from scratch for your business and variations in between. Each come with varying functionality and price points. At Foresiight, we believe that there is a solution in between the two ends of the spectrum that meets the needs of Australian small business.

ProfiitPlus is neither off-the-shelf nor bespoke but a solution that has been refined and customised for our key industries over 35 years. These include:

Further information

To find out more about Foresiight’s leading business management software ProfiitPlus, simply call us on 1800 061 670 or use our easy contact form to tell us about your business and we’ll be in touch.

Printers Setup in ProfiitPlus/Alchemii

Step 1
To setup printers in ProfiitPlus/Alchemii go to Sales Orders/Invoicing | System | Setup Options – Invoicing

Step 2
Select default receipt printing to docket, invoice or neither for Cash sale, account sale and “cash only” acct sales

Step 3
Select your default invoice printer for your terminal. This can be set under “Default invoice printers“. 

If you use multiple invoice printers you can tick an option which allows the operator to select which printer they want to print to.

Step 4
If you have a docket printer please tick the “Docket printer attached” option and select your docket printer. 

We recommend using BixalonNexa or Epson docket printers with our software. 
There are also more options for docket printing by clicking on the “Docket Printing” button.

Step 5
Most docket printer settings are as follows :

  • Printer Emulation = Epson or Text   
  • Max Character Per line = 42   
  • Lines before cut = User Defined   
  • Lines after cut = User Defined   
  • Cut String = 027105

Cash drawer settings are as follows: 

  • Cash Drawer = (Set this to your docket printer)         
  • Open String = 027112000025250 (If you double click in this box it will auto fill)

Step 6

If signature pad is in use please select the correct brand/software of the signature pad.

Also tick “barcode scanner in use?” if the terminal is using barcode scanners. 

Click the OK  button once finished. 

More than POS: Landscape yard software

More than POS: Landscape yard software

Are you a landscape yard or landscape supplies business looking for more than just a POS (Point of Sale) system?

Foresiight’s leading software for the landscape supplies industry ProfiitPlus is so much more than just a POS solution. It’s a complete all-in-one business management software solution. But what’s the difference? Let’s take a look.

POS vs business management software

Point of Sale (POS) in very simple terms is a digital cash register, a physical location where customers can purchase products or services. Most typically, POS transactions take place in bricks and mortar retail stores like landscape yards or service businesses such as cafes, beauty salons, hairdressers and so on.

POS functionality can vary but will include processing payments in various forms and may also record and track customer orders and manage promotions and loyalty programs.

On the other hand, business management software (sometimes known as ERP software) will do all of this and so much more. Business management software encompasses functions throughout your business not just at point of sale. Let’s take a look:

 POSBusiness management software
Process invoices and take payments
Quoting and complex sales workflows
Customer Management
Loyalty programs?
Promotions management
Purchasing and stock control?
Special orders
Supplier Electronic Price Guide
Accounting and finance reporting
Access from anywhere?
Complete automation
Comprehensive reporting and analysis
Industry integrations
Multiple sales channels

Advantages of business management software for landscape yards

You can see from the above comparison table how business management software works throughout the functions of a business, but what are the key advantages of this for landscape yards? Let’s take a look:

  • Optimise workflow processes
  • Instantly access critical business data from any location
  • Share data and insights across all business functions
  • Automate and integrate operations
  • Eliminate manual data entry
  • Maximise operational efficiency
  • Gain competitive edge

Landscape yard functionality

With Foresiight’s leading business management software ProfiitPlus, You will benefit from a solution that has been customised to meet the specific needs of the landscape yard industry.  These include:

• Support for unlimited ratio stock items – sell by the tonne, the cubic metre, quarter metre, trailer or bucket

• Generate new stock items and update existing products with quick and easy bulk editing tools

• Buy and sell in different units of measure – for example, purchase by the tonne and sell by the metre

• Choice between trade invoicing or cash register style screen for front counter sales

• Create quotes, job cards, special orders and invoices

• Easy drop-shipping – take turf orders or blocks and pavers orders at the counter, and create purchase orders on-the-fly to deliver straight to site

• Use the Booking Diary to schedule deliveries at POS

• Keep in touch with your customers with integrated SMS and email functionality

• Print delivery dockets including weight, size and delivery instructions

• Import electronic price file updates from your suppliers

• Accommodate commercial, trade, council and retail pricing with flexible pricing structures

• Create special pricing structures for individuals or groups of customers

• Manufacturing processes for re-potting as plants grow and increase in value

Further information

To find out more about Foresiight’s leading business management software ProfiitPlus, for landscape yards, simply call us on 1800 061 670 or use our easy contact form to tell us about your business and we’ll be in touch.

Small Business Stock Control 101

Why is small business stock control so important? Products and services are at the core of every Australian business, so managing and controlling your stock is vital to the success of your business.  Spending a fortune on dashboards, reporting and business analytics is money wasted if on the data being reported on is inaccurate.  Businesses need an accurate source of truth from which to make business decisions relating to stock. It makes sense then that stock control should be the focus of your small business ERP software solution.

In this article we take a look at what comprises small business stock control to ensure productivity and profitability within your business, the principles of small business stock control and how to achieve it.

What comprises stock control for small business?

Effective small business stock control means accurately measuring and tracking your inventory. Understanding when to order stock, how much to order and your price points. This can sometimes feel like guess work for small businesses. However, the right software will eliminate the guesswork and allow you to take control of your stock. Let’s take a further look at why small businesses need stock management software.

Having control of your inventory can make or break a small business. Whether it’s stock management for auto spare parts, stock management for pharmacy, stock management for tool stores and everything in between – knowing how to manage your stock is vital.

This means knowing when an item is likely to sell out and when is the best time to restock your best-selling products. How much it costs to store products that aren’t selling and how to avoid over-ordering.

What about manual handling?

While small businesses will look for ways to minimise investments, manually managing inventory is counter-productive. Using spreadsheets cannot keep up with the demand of modern small business stock control and limitations include:

  • Significant time and effort to manage
  • They are prone to errors and inaccuracies
  • They don’t integrate with other systems such as point of sale or accounting
  • They don’t give an overview of product performance

Stock Ordering

Stock ordering plays a crucial part in effective small business stock control and should be pivotal to your small business ERP software, integrated across you business.  You need to provide the right stock, for the right customer at the right price and the right time or risk your customers going elsewhere.  For some businesses this simply means having full shelves, using minimums and maximums to trigger ordering.  Managing these minimums and maximums however can be quite laborious, particularly where there are seasonal trends.

In a min/max setup, you risk being in a position where you have stock sitting on shelves for long periods of time.  This can have a major impact upon stock control.  The same issue is encountered when managing stock based on a one for one replacement system.  Whilst there are some industries that call for this type of stock control, the vast majority will want to maximise cash flow by having only as much stock as is required to suit demand.

Intelligent ordering systems can overcome these issues, by calculating orders based upon actual sales for a given period of time.  For greater accuracy, use a minimum 90 day period to establish average daily usage to forecast stock requirements.  Depending on your geographic location and ordering habits, ensure that your system accommodates the interval you order in and the transit time from order to shelf.  The order forecasting system should be able to calculate orders for any snapshot of your trading period, whether you are ordering for Christmas peak trade, end of financial year or Father’s Day sales.

Of course the ultimate in ordering is a system that takes into account all of these potential ordering methods.  Your business may adopt an ordering timetable that requires a combination of all methods of stock control.  That flexibility will allow your business to maximise cash flow at low trade periods and end of financial year, whilst boosting shelf levels at busy times.

The easy principles of Small Business Stock Control

No matter your industry, from stock management for paint stores to stock management for landscaping businesses or for pharmacy, the principles for effective small business stock control remain the same. Here’s a quick summary:

Quantities – knowing what stock is ready to be replenished, when to buy it and how much to buy is essential for efficient small business stock control.

Tracking – understanding where your individual stock items are at any given time is crucial to small business stock control and will result in happier customers as you will be less likely to be out of stock of desired items.

Shelf-life – inventory items will vary in value, and certain stocks may be perishable or seasonal, which can influence how you manage it.

Holding costs – take into account the associated costs of holding stock, such as warehousing, insuring and shipping or freight. Work out how much stock you need to hold and don’t hold more than you need to.

Value – work out which stock items make the most gross margin and focus efforts on the sale of these stock items for increased profit.

Best-sellers – know you best-selling stock items and conversely your slow moving stock items to improve your ordering strategy.

How to achieve Small Business Stock Control

So how to you get there as a small business? Investing in the right business management software Australia allows small business to take control of their stock. Business management software Australia is one of the biggest assets for small business.

Let’s take a look at some of the ways business management software Australia enables small business stock control.

Reduce errors – manually tracking data results in human errors such as typos made in data entry. These cause inaccuracies that can impact a business’s bottom line.

Reduce training time – hand-held scanners used for stock-take are not only accurate but easy to use which means minimal training time for staff.

Integrate systems – the right business management software Australia will integrate point of sale, account and inventory giving you a holistic view of your stock allowing you to make more informed business decisions.

Grow with your business – as your business grows you don’t want to outgrow your stock control software solution. You might want to open another store or add new product lines. The right software will enable your business to keep control of your stock as you grow.

Learn more about stock control with ProfiitPlus, our leading software for small business.

For further information on small business stock control get in touch with the Foresiight team on 1800 061 670 or use our simple enquiry form and we’ll be in touch soon.

The Basics of Small business Stock Control

Small business stock control has changed significantly in recent decades. The days of store owners manually counting and recording stock at the end of each business day or week are long gone so that nowadays we can take a much more sophisticated approach.

Let’s take a look at some of the small business stock control basics.

What is stock?

Also referred to as inventory, stock refers to the items that build up when your business buys product that doesn’t sell immediately. That is, they become “stock items”. What stock looks like a very different depending on your business, some examples are:

  • A clothes store purchases a line of the latest seasonal trends for the upcoming holiday period
  • A catering business buys ingredients in the morning for an evening function
  • A irrigation business buys parts to sell in their retail stores and use on jobs they are contracted for

Why do businesses hold stock?

In an ideal world, businesses hold stock for as short a period as possible. So that as soon as you have bought stock, you sell it on again at a profit. Of course, is doesn’t happen this way and most business owners need to hold more stock than their minimum requirements to allow to an increase in demand and dealing with unhappy customers. Therefore stock control measures need to be put in place.

Holding more stock than your minimal requirements also means that you can:

  • Buy in bulk which is often more cost effective
  • Have stock items to hand if there are any issues with your supply chain

What is small business stock control?

With the above in mind, what does stock control look like for small business? As a small  business, having control of your stock (or inventory) means that at any given point in time, you know how much stock you have, when to order more and at what price.

If you over-order on your stock, you have less cash available to spend in other areas of your business that it may be needed and you increase the risk of carrying stock – such as spoilage and costs associated with storage and transportation.

If you under-order stock you will lose customers who order items that are out of stock as they will simply go to a competitor and may not return to your business.  

Taking control of your stock is about striking a balance between over and under-ordering. Ordering the right amount of stock will improve your cashflow, reduce wastage, reduce lost sales and keep your customers happy and loyal.

Essentials of stock control

For any small business there are three key elements that when executed will help you achieve stock control. They are:

  1. Record your stock
  2. Know what to order and when
  3. Reduce costs and plan

Record your stock

Make sure that your stock data is up to date by creating an inventory ledger. In its most basic form an inventory ledger can be an excel spreadsheet but this has it’s limitations and relies on manual entry. The right business management software will automate this for you. An inventory ledger should record information like:

  • Date of sale
  • Product name and description
  • Quantity
  • Unit price
  • Total paid

Know what to order and when

Knowing what to order and when is essential and automated ordering will do this for you. The right business management software will provide reporting on historical sales to get an insight into demand. For example certain products will sell better at given times. Analysing these trends is one of the best ways to take control and order the stock that you need when you need it.

Reduce costs and plan

Good small business stock control will not only help to ensure that you always have the right products in stock but it will also help to reduce supply chain costs and get the best prices from your suppliers.

Further information

Find out more about Foresiight’s leading business management software ProfiitPlus, for small business stock control, simply call us on 1800 061 670 or use our easy contact form to tell us about your business and we’ll be in touch.

Small Business ERP Software: 5 reasons why you need it

We work with small businesses to medium sized enterprises specialising in wholesale inventory software and retail business management software. Why do our clients choose small business ERP software? In our experience, we’ve found some key reasons why our clients are seeking a small business ERP software solution. Often we hear that business owners are spending too much time working “in their business” instead of “on their business”. Issues like stock visibility and sales forecasting are common so if you’re experiencing issues like this you are certainly not alone!

Here are 5 reasons why ERP software in Australia is in demand from SMEs:

  1. You have different software for different processes and areas of your business

Unlike an all-in one business management software solution, when you have disparate systems in place, none of the systems talk to each other. For example your accounting team use one system for receivables and payables, and sales staff a separate system for customer orders. The process of taking orders, fulfilling them and inputting them into the accounting system is manual and takes up a lot of time that could be better spent.

When various front and back-end systems run separately, the result is often processes that “interrupt” the smooth running of your business. All-in one business management software or ERP software in Australia integrates systems so that your business operates from a single database.

  1. Accounting is time consuming

If your accounts team use paper-based invoices and sales orders and spend hours every week manually entering them into different accounting and sales systems it goes without saying that a lot of valuable time is being wasted. The right small business ERP software will handle all of this in an instant.

The same is true for financial reporting. Do you dread 30 June? Does it take forever to consolidate or reconcile financial information across systems and do you rely on countless spreadsheets? With the right small business ERP software your accounts team won’t have to spend hours manually reconciling data because your business operates from a single database.

  1. You don’t have easy access to information about your business

The best business decisions are well-informed ones. Do you currently know what your best sales margin is or can you find out very quickly? And other key business metrics like year to date sales or your best-selling product, are they readily available? To make the best business decisions that will enable sustainable growth you need these insights.

  1. Customer satisfaction is down

When a business is bogged down by inefficient processes, invariably it is your customers that suffer. Effective inventory management is a basic requirement to ensure that the right stock is where it needs to be when your customers want to purchase it. You absolutely don’t want stock shortages on your best sellers.

Order tracking is also a “must” when it comes to customer service. If a customer calls to find out where their order is you need to have the answer that they want to hear. Poor customer satisfaction will result in decreased loyalties and likely sooner rather than later your customers will choose a competitor over your business.

  1. Your small business stock control is poor

As mentioned above, effective small business stock control is vital for a successful business. The right small business ERP software will enable your business to track best-selling products against those are not performing so well. For example, those that aren’t performing well may need to be discounted in order to sell. Knowing your best performing products will then inform your buying strategy to increase the profitability of your business.

The right stock management software will also help you to review your pricing strategies by analysing your sales and profits and adjusting product pricing that isn’t generating maximum profit. Find out more about Foresiight’s all in one business management software.

 

 

 

 

 

The basics of Business Management Software Australia

Business management software, also known as ERP (Enterprise Resource Planning) software in Australia and overseas is software that unifies critical business functions including finance, sales and inventory (stock).

How does Business Management Software work?

Business management software consolidates the process of gathering and organising business data through an integrated database and software interface. Business management software contains applications that automates business functions and ensures that each business function is providing and receiving data.

In simple terms though, business management software helps businesses throughout Australia to improve operations across each department and is intended to serve all departments within a business with better and more efficient processes.

How long has business management software been around?

Business management software started out in the American manufacturing industry sometime around the 1960s. Back then of course it wasn’t software but we still use the term ERP to describe the initial paper based systems.

Modern business management software started to emerge in the late 1980s, early 1990s when computer software started to be integrated into daily business operation and began to roll out across may more industries than manufacturing.

Today, of course business management software is used across a broad range of industries, although still vital for successful manufacturing businesses to manage their supply chain, control stock, automate finances and more.

Benefits of business management software

Business management software will have multiple benefits for any organisation and is not limited to larger organisations. Although this may have been the case in its earlier days, today there are plenty of affordable solutions for Australian small to medium sized business. Here are some of the ways your business can benefit:

Workflow visibility

Before business management software and other ERP systems were available, communication and coordination between multiple departments and locations within a business took a lot of time and effort. It often involved staff calling or visiting different sites or departments to get a really good understanding of operations in each and how they all worked together.

Business management software really put an end to such requirements and revolutionised workflow visibility. Instead, through a shared database, every department, site, state/territory has full visibility of workflows throughout an entire business, in real-time.  

Streamline operations

This level of visibility streamlines operations because everything you need is at your fingertips. There are no operational road blocks caused by waiting on input from one area of the business to flow through to another area.

Insights and analytics

Smart business decisions are based on accurate and timely data and insights gleaned from this data. The right business management software will provide data collection, analytics and reporting to suit your business needs and enable you to make the right decisions from wherever you choose to run your business.

Collaboration

As mentioned above, with inter-departmental workflows easily accessible, this allows for high level collaboration which sees all the departments and areas of a business working together using accurate information. This reduces the instance of human error and mis-communication that can be costly.

Data security

Protecting your business from a breach a data security is more important than ever and will only continue to become more of a focus for businesses moving forward. Business management software provides security whilst also keeping all of your data in one place.

Industry customisations

For many small to medium sized business in Australia bespoke software exceeds budget. However, with business management software like ProfiitPlus you can still benefit from industry customisations which mean that you don’t have to try to make generic software work for your business.

Further information

Find out more about Foresiight’s leading business management software ProfiitPlus, simply call us on 1800 061 670 or use our easy contact form to tell us about your business and we’ll be in touch.

Are you ready for June 30?

Are you ready for June 30?

Our team has compiled a quick list of must-do items, reports and checks to ensure you don’t look back in coming months and realise you missed an important end of year step!

Things you can do NOW

Run AR & AP Reconciliation Reports

Check these with the GL Balance and ensure that your sub-ledgers are in balance.  If there is an imbalance between AR/AP and your General Ledger control accounts, seek assistance straight away.  You can contact your accountant for advice, or book some consultancy time with our specialists.

Run AR & AP Sub Ledger Verification Reports

This is located in General Ledger | Reports and ensures that all batches posted from AP and AR have made it into your General Ledger.  As above, if you find an error here, seek advice asap or book a consultancy session.

Run Trial Balance and ensure the movement columns balance

If an end of year close hasn’t been performed for the previous year, there can be an imbalance in the total columns, but your debit and credit movement columns should always balance.  Seek specialist advise if this is not the case.

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 total movement for the year. Your StockMate mobile scanner will be a necessity at this time of year!

Check Stock Valuation matches the GL Stock Account

Run your Stock Valuation report, and compare this to the value of stock in your General Ledger accounts. Generally the two should remain in balance at all times. 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 throughout the year. Contact your Accountant and/or your Foresiight Consultant 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 you have 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 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, this cannot be run retrospectively, so it is a good idea to run this report at the end of each month and save a copy.

Open the 2021 Financial Year

To open the 2021 financial year, go to General Ledger | Periods | Open/Close Financial Periods and in the box in the lower right corner type “21” 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 your Purchase Invoices have been entered for June, you can now update your AP period. Note that you can manually change the period on single invoices in Stock Receipting.

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.

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 ready 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, you can book in a training session with a Foresiight Consultant.

How to Print Barcoded Product Labels

There are a number of different ways to print barcoded labels within the system. The following steps describe a simple method for printing individual or one-off labels.

Open the Labels Queue

From the Stock & Purchasing module, click on Receiving | Print Labels.

Add Labels to the Queue

Select a product by entering the Item Code in the Stock Code box or double-clicking to use the Lookup function.

Select the desired label type for your labels before adding it to the list. Note that you must have created the corresponding label “design” first. Speak to your Support Consultant if you need assistance with this.

In the Number Required box, select the number of labels you wish to print.

Now click the Add button.

In the Pending Labels grid you will see the labels that you have chosen to print. You may queue up as many labels as you wish before printing them.

Now click on the Print Button (the print job won’t start just yet).

Select Labels to Print

Select which Label Type to print, this will print each label request in the queue for that particular label type. Remember that you may have queued up label requests for other label types – they won’t be included in this print run.


Select Print Options

Make sure the correct printer is selected. You can change printers buy clicking the Change button. You can also click the Options button to make sure your label dimensions are set correctly.

Once your settings are correct, use the Save options permanently checkbox to save the settings for next time, then hit the Start button.

All Printed Ok?

Now your labels should have printed out successfully. If that’s the case, click the Yes button to remove these label requests out of the queue. If there was a problem printing, you can select No to leave the labels in the queue for later.

Conclusion

This is just one method of printing product labels. You can also queue labels in bulk from other parts of the system – for example, when receiving stock from a Supplier.

If you need some help with label printing, please contact the Foresiight Support Team.

If you are new to the label printing functionality or would like to customise the layout of your labels, our Professional Services team can help to get you set up.

RDX Backup Bundle

RDX Backup Bundle

Many small business owners are not aware that they are not sufficiently protecting their business against data loss. Simply backing up your data isn’t enough – do you review and monitor your backups and take a backup off site?

It is recommended that you not only perform your backup on a daily basis, but keep multiple versions of these backups. This will ensure that you can restore not only the files from the previous backup, but also an earlier version if required. Backups should not remain in the same building as the data they are backing up. Your backup should be taken offsite, either by means of cloud hosted storage, or external drive/tape backups.
 

BUSINESS BACKUP BUNDLE

Bundle Includes:

  • Tandberg RDX USB Caddy
  • 2x Tandberg RDX Cartridges

$1,499 inc

This proven solution is a favourite amongst Foresiight clients


Bundle Includes installation and setup of Veeam community edition backup software.

BENEFITS OF USING RDX TAPES

Easy

RDX cartridges combine the portability and reliability of tape-based backup solutions with the speed and simplicity of a hard disk drive.

Fast

Utilizing USB 3.0 and SATA3 data speeds of up to 600MBps, read and write access is near-instant allowing users to work directly with the data on the media as if the drive was internal to the system.

Solid

RDX drives are built tough, meaning knocks and drops don’t mean lost data. Plus valuable data can be further protected through Tandberg Data’s RCE encryption software, ensuring complete peace of mind.

Portable

The RDX media is small and durable allowing the drive to be taken off-site for archiving.

Small business EOFY Stock Control

Small business EOFY Stock Control

End of financial year (EOFY) is not usually a time that small business owners look forward to. Regardless of your industry, EOFY brings with it a host of essential tasks for tax, budgeting, review and planning and it can be a stressful time. One essential task for any business dealing with stock items to complete in the lead up to EOFY is of course your annual stocktake. Every small business owner knows this is a huge job. However, the right business management software can take the stress out of EOFY stocktake. Pair this with smart inventory management strategies executed year-round and EOFY stock take becomes much less of an undertaking.

Let’s take a look at some of the basics to help your small business win at stock control at EOFY and all year too.

What exactly is a stocktake anyway?

A stocktake is a physical count of all of the stock (or inventory) your business has on hand at a given point in time. A stocktake should record all of the following information:

  • A list of each stock item and its value
  • Any discrepancies between the theoretical stock on hand and actual stock on hand
  • How and when the stocktake was completed
  • Who valued the stock and the data that the valuation is based on

How often should a stocktake be carried out?

Stocktakes should be undertaken least once a year. For tax purposes this should be as close to end of financial year as possible, so that the change in your total stock valuation from one year to the next can be reported.

However, with the right business management software in place more regular stocktakes will have your business working more effectively.

Why is stock control so important?

For any inventory dependent business, it’s critical to understand what stock you have to hand, where it is and where it needs to be to meet customer demand.

What systems can help with stock control?

Some businesses use simple spreadsheets for stock takes (and for ongoing stock management) and although sometimes seen as the cheap and simple option, it is problematic. Using spreadsheets is time consuming and prone to errors and discrepancies. It relies on manual data entry and as quickly as data is entered it becomes out of date.

While using spreadsheets can work for businesses just starting out, you will very quickly outgrow the capabilities of spreadsheet stock management. If you’re operating across multiple sites and with multiple ways for your customers to purchase (such as e-commerce) then siloed spreadsheets are not going to give you the control you need.

Business management software like ProfiitPlus that integrates with your sales channels (both point of sale and e-commerce), stock and accounting functions will make your life a whole lot easier.

Multi-channel and location sales

One of the biggest challenges for businesses offering their customers the flexibility to choose how to they purchase is the complexity of order management. For example, is your e-commerce store integrated with your physical store(s)? Are these integrated with your third party online sales platforms? What happens if a customer orders something online but then returns is to a physical store?

A key feature of ProfiitPlus is the ability to count and keep track of products across multiple sales channels and locations in real-time.

Real-time integration

As mentioned above, one of the limitations of spreadsheets is that they provide a snapshot of what stock looks like at a given time and very quickly the data is out of date. They also can’t offer key insights like identifying slow-moving stock, seasonal trends and demand so that you can act quickly to ensure you have the right stock quantities in the right place. Or even better, so that you can act before the event by understanding supply and demand better.

Further information

Find out more about Foresiight’s leading business management software ProfiitPlus, and achieve the level of stock control your small business needs to take the stress out of EOFY. Simply call us on 1800 061 670 or use our easy contact form to tell us about your business and we’ll be in touch.

Get your small business online with the right software

If you’re an Australian small business retailer and have been selling products via your store, or stores, for a period of time, you have probably been advised at some point to diversify your sales channels and get online.

The reasons why you haven’t done this yet may be far reaching and don’t worry, you’re certainly not alone. Expanding your business to online sales may feel like a big step but with the right small business online sales software, you can have a fully integrated e-commerce solution that is easy to manage and profitable.

What is a multi-channel sales strategy?

You may have heard the term “multi-channel sales” with regards to getting your sales up and running online. Put simply, this term just refers to selling your products in other places, additional to your bricks and mortar stores. It means that you are providing multiple ways for your customers to purchase and includes an e-commerce sales solution. It can also include other online channels such as third party platforms like Amazon or eBay but this option is not always for everyone and will depend on your product, your audience and your overall sales strategy.

Do I need to enable online sales?

The short answer is yes. Providing your customers with the option to purchase online makes their life easier. While some will always prefer to come in store the convenience of online purchasing is obvious, especially if you’re dealing with periodical orders. Some retailers lend themselves better to e-commerce and this has a lot to do with the product your business sells. Customers can be more reluctant to purchase clothes online because they might get the wrong fit or style or even fresh products like fruit which they may want to see and touch. However, other products suit online shopping such as books, hardware, toys and everything in between.

By enabling online sales, you’re giving your customers the option to purchase anytime, from anywhere, when it suits them. Not providing this option is a big risk if your competitors do.

If you’re thinking of adding another bricks and mortar store to your business but you don’t yet have an e-commerce offering, it’s definitely time to start researching small business online sales software to find the solution that will grow your business without the expense of another physical store.

It’s predicted that online sales throughout Australia will reach over $35B by the end of 2021. So the question is why wouldn’t you want a part of this?

What about integration?

For businesses that already have bricks and mortar stores, the right small business online sales software, will integrate seamlessly with your existing sales channels. This means you won’t need to manually maintain stock information and sales transactions across multiple systems. Instead, your small business online sales software will do it for you.

Introducing ProfiitPlus

ProfiitPlus is Foresiight’s leading small business online sales software. ProfiitPlus connects your online store with your bricks and mortar stores. Our powerful eCommerce interface module has been purpose-built to integrate with the popular eCommerce platforms Magento and Neto.

With ProfiitPlus you can:

  • Automatically publish product information to your website including descriptions, pricing and stock levels
  • Easily pack and send orders that are automatically created once they’re placed by customers and ready to view in the ProfiitPlus system
  • Avoid double handling of data – keep your inventory up-to-date and keep your customer accounts and purchasing history in one place.

Further information

Find out more about Foresiight’s small business online sales software ProfiitPlus. Simply call us on 1800 061 670 or use our easy contact form to tell us about your business and we’ll be in touch.

5 reasons why you need Business Management Software

You’re an Australian small to medium sized business considering business management software. Since the launch of your business, you’ve likely been using various programs to handle your operations and in the beginning this didn’t really cause you too many issues. However, as your business has grown in recent years the inefficiencies that come with running different programs are starting to become apparent.

You may still have doubts about whether now is the right time to implement business management software. Here are 5 reasons why business management software is the right step forward for your Australian business.

  1. Improve efficiency and productivity

As an Australian business owner, improving efficiency and productivity within your business is all about providing the right tools to your employees. Using clumsy systems that don’t talk to each other creates inefficiencies between the different parts of your business. Add in manual data entry and this takes up a whole lot of time that is better spent on more important tasks – like taking care of customers.

2. Reduce errors

When information is manually entered and then transferred from one platform to another (and perhaps even another) there’s always the risk of errors occurring. Businesses tend to either tolerate or overlook such errors or waste precious time and resources checking and correcting errors. The former means that you can’t really trust the data on which you are making important business decisions which means you could be making the wrong decisions. The latter impacts your bottom line because of the unnecessary time spent.

All-in-one business management software streamlines the organisation of data within your business, upgrades your data management and secures your business from data errors and double entries.

3. Provide vital communication tools

One of the keys to business efficiency and success is good communication both internally within your business and externally to your customers. The right business management software will enable both efficient internal communication with tools like message boards and SMS as well as customer marketing and communication tools.

4. Improve customer satisfaction

Knowing your customer and understanding their needs plays a huge part in customer satisfaction. This is challenging when using disparate system that don’t talk to each other and access out of date data. With increased accuracy and efficiency comes better service for your customers. With your stock management taken care of, you’ll have full visibility and control and understand where stock needs to be when and what quantities to get to your customers as they need it.

5. Automation & integration

Sounding good so far? With the right Business Management software, all of the above is automated and your business departments are fully integrated. This means that your day-to-day operations can run effectively without the micro-management.

Foresiight’s industry customisations

Foresiight’s leading business management software ProfiitPlus has been helping Australian businesses to take control for over 35 years. Over the years, our team have taken real-life experience to create industry customisations so that Australian business can benefit from a tailored solution without the hefty price tag that comes with bespoke software. Some of the key industries we’ve got covered:

  • Irrigation and pumping
  • Hardware and building
  • Automotive and marine
  • Landscape and garden
  • Pharmacy
  • Tools and industrial
  • Mowers and small motors
  • Safety and workwear

Further information

Find out more about Foresiight’s leading business management software ProfiitPlus for small to medium sized operations. Simply call us on 1800 061 670 or use our easy contact form to tell us about your business and we’ll be in touch.

Choosing the right hardware store software

Choosing the right hardware store software

In an industry that is always evolving, you need hardware store software that will keep up with your business and your competitors. In the hardware store industry competition is fierce but the right hardware store software can help you take control and give you the edge.

What do you need?

Knowing what you need from your hardware store software is the first step to finding the right system for your business. This comes from understanding the challenges that you currently face so that you can work towards the solutions that will overcome them.

If your business is facing any of the following challenges then Foresiight’s leading hardware store software ProfiitPlus may well be your solution.

  1. You’re still using spreadsheets to manage business processes
  2. Manual data entry is taking up too much time and leading to errors, like incorrect pricing
  3. Processes aren’t automated or integrated across the functions of your business
  4. As soon as data is entered it’s out of date
  5. Staff don’t know what is going on in another part of the business that they aren’t responsible for
  6. You’re building reports manually across different areas of your business
  7. You have discrepancies in your data and in your stock counts
  8. You feel like you’re always working IN your business instead of ON your business

Your hardware store software solution

Foresiight’s leading business management software ProfiitPlus has been customised for Australian hardware stores. Our team have partnered with small to medium sized hardware store businesses throughout Australia for over 35 years. We know your industry and we know what you need from your hardware store software.

With ProfiitPlus software for hardware stores you’ll achieve full automation and integration of your accounting, stock control and point of sale business functions.

You’ll also benefit from ProfiitPlus features customised for hardware stores and designed based on industry experience, so that you can access the tools that you need to run a better business. They include:

  • Multiple pricing levels for customer based pricing
  • Promotion management for both group level and localised promotions
  • Easily print shelf talkers and shelf labels
  • Automatic stock control and pricing based upon preset ratios and mark-ups
  • Track serial numbers for high value products
  • Scan and create your own barcodes
  • Easy-to-use touchscreen POS interface
  • Associate Purchase Order lines with Sales Orders to track fulfilment of customer orders
  • Support for IHG, Mitre 10, Home Timber & Hardware, HBT, H Hardware, and other industry groups
  • Integrations for electronic Ordering and Invoicing, Electronic Price Guides and Loyalty schemes
  • Manage price updates from a huge range of suppliers
  • Sell and purchase in a range of unit types including lineal meter, kilogram, number of days and more
  • Sell and purchase in different units of measure, including the purchase of gas in kilograms and sold in litres
  • Flexible pricing structures to accommodate retail, wholesale, trade and contract pricing
  • Create quotes, special orders or sales invoices from a single sales interface
  • Raise linked purchase orders from customer orders with automatic allocation of stock upon receipt
  • Automatically generate purchase orders
  • Email invoices, orders, quotations and customer documents from POS
  • Use touchscreen mobile terminals to get staff out from behind the counter and in front of your customers

The Foresiight difference

Based in Brisbane, our team of business consultants will work with you to get to know your business and the challenges you face. And that’s why hundreds of retail and wholesale businesses throughout Australia trust Foresiight to get their business working more efficiently. Our software is more affordable than large ERP systems but more powerful than basic accounting or POS systems often used by start-up businesses.  

Further information

Find out more about Foresiight’s leading hardware store software ProfiitPlus for small to medium sized operations. Simply call us on 1800 061 670 or use our easy contact form to tell us about your business and we’ll be in touch.

Quick history of ERP software in Australia

At Foresiight, we’ve been providing ERP software in Australia for over 35 years, partnering with small to medium sized businesses to provide enterprise resource planning (ERP) solutions that meet their needs.

An ERP solution integrates and automates critical business functions throughout a business including accounts, sales and stock control. The Australian ERP industry has grown considerably in recent decades, testament to the business need and pivotal role that ERP plays in business success.

ERP software in Australia is now so mainstream it has become standard not just for large corporations but also for small to medium sized business. It wasn’t always that way though.

How did ERP start?

1960s: Before ERP there was MRP. MRP is “material requirements planning”. In the 1960s large manufacturing businesses built the first MRP systems themselves to track inventory and production.

One of the first MRP systems was developed by J.I. Case, a manufacturer of tractor and construction machinery, with IBM.

The original MRP systems were expensive to develop, took up a lot of space and required teams of experts to maintain.

1970s: In the 1970s, the adoption of MRP systems gained traction among large companies but it was still out of reach for smaller organisations.

1980s: It wasn’t until the 1980s that more sophisticated versions of MRP systems were developed that supported manufacturing processes beyond inventory and production. They allowed for the other departments involved in manufacturing to connect.

From here, it wasn’t long before other industries realised that the manufacturing industry was onto something.

1990s: In the 90s, research organisation Gartner, coined the phrase “enterprise resource planning” which referred to the evolved MRP systems being adopted by industries other than the manufacturing industry.

Throughout the 90s ERP systems continued to evolve and become more sophisticated, but their cost and complexity still limited their use mostly to medium and larger corporations.

2000s: Smaller businesses were now demanding the same access to information across the breadth of their operations as larger organisations. ERP systems evolved to become easier to use with lower cost of maintenance. SMB’s now began to implement ERP systems widely to help grow their business.

2010s: By the 2010s ERP systems were able to process data in real-time and evolved into the sophisticated systems that we see today. Deployment had become more flexible with options including on-premise, cloud, and hybrid models.

ProfiitPlus

At Foresiight we’ve been on our own journey to develop and customise ProfiitPlus so that today we provide affordable ERP for Australian SMEs across a wide range of industries. We provide leading functionality and industry customisations and partner with each business that we work with to ensure smooth implementation.

FAQs

What’s the difference between MRP and ERP?

MRP systems were first invented for the manufacturing industry. Once their functionality evolved and began to be adopted by other industries outside of manufacturing, MRP became known as ERP.

What is Cloud ERP?

Cloud ERP is delivered via the Internet so it doesn’t need a physical on-premise server or “master” workstation. It means that business owners can access data from anywhere with an active Internet connection. Cloud ERP enables the sharing of information across multiple locations in real-time.

What is On premise ERP?

On premise ERP operates entirely within the four walls of a business on their own server and network equipment. Some business owners prefer this option due to security, data sovereignty, and reduced dependence on Internet connectivity. Most on premise ERP systems also provide a way of allowing restricted remote access from outside the building.

What is Hybrid Cloud ERP?

Hybrid cloud ERP combines elements of both on premise ERP and cloud ERP. For example, the ERP software itself may be held on premise, while the reporting engine may be in a cloud environment for “anytime, anywhere” access. Likewise, mobile applications may be used out in the field and connect back to an on premise ERP.

Further information

There are a range of very different ERP systems out there, each with their own strengths and weaknesses. It’s important to select a system that will fit your business processes – you shouldn’t have to make your business fit the software. Even more importantly, you’ll want to make sure you have a local support team to speak to, with real people who understand your industry.

Find out more about Foresiight’s leading ERP software for Australian small business ProfiitPlus, or use our easy contact form and we’ll 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.

The first four menu options should 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. 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.

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.


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!


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 advice specific to your business.

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.

StockMate v1.50 Major Release

Exciting news from Foresiight – we have released a major new version of StockMate with a number of new features, including LIVE connection to your stock list!

Check out the feature list below to find out more, and contact the Foresiight Support Team today to install your update.

Overview of new features and improvements released in StockMate Version 1.50

Instant Submit Submitting counts from your StockMate device to ProfiitPlus/Alchemii is now INSTANT!  No more waiting for a synchronisation process to be triggered

LIVE Stock
Direct linking to the ProfiitPlus/Alchemii Stock File means your list of products is now LIVE – new Stock Items and current On Hand counts are all reflected immediately on your StockMate device.

Product Images
View your product images and thumbnails on your StockMate device!

Promotion Pricing
The Price Check screen now displays any active promotions for the selected product.

Smarter Stocktakes
The Stocktake process now lets you know if you scan a product that has already been counted in your current session, and offers the opportunity to replace or combine the counts.
The current freeze point quantity and date is now visible on the Stocktaking screen.

Stock Adjustment Reasons
Stock Adjustments now support selecting a “Reason Code”.  The adjustment automatically goes to the correct GL account and a meaningful adjustment description is recorded in the audit trail.

Benefits

What are the benefits of having a StockMate device?

  • Save time stocktaking and purchasing
  • Help your staff to get out from behind the desk and onto the floor
  • Significantly reduce data entry errors – no more need to write it on a scrap of paper and decipher later
  • Live upload of scanned stock via WIFI
  • User-friendly touch screen interface

For more information on this please contact Foresiight on 07 3356 2772.

ProfiitPlus: Business management software for irrigation supplies

ProfiitPlus: Business management software for irrigation supplies

At Foresiight, we have a long history working with Australian irrigation supplies businesses and our business management software ProfiitPlus has been customised to meet industry needs.

What is business management software anyway?

Business management software can also be known as Enterprise Resource Planning (ERP). This sounds very corporate but it simply refers to a type of software that organisations use to manage day-to-day business activities including accounting, procurement, stock management, project management and supply chain operations.

Business management software brings together these processes into one database and enables an automated flow of information between each function.

Business management software fundamentals

The fundamentals of business management software remain the same regardless of whether the industry you’re in is irrigation supplies, retail, hardware, garden centres, pharmacy or anything in between. Business management software is designed around a single, data structure called a schema that exists on a common database. This ensures that the information or data used across a business is standardised based on common definitions and user experiences. All of the data from different parts of a business departments (e.g. finance, human resources, marketing, operations) is connected, or integrated, with processes driven by workflows.  Business management software not only connects the systems of each part of a business but importantly the people who use them. In simple terms, business management software is the system that integrates people, processes, and technologies across an entire business.

A brief history of business management software

Business management software has evolved considerably over recent decades. In the infancy of business management software, it was first used by large corporations that had grown out of the manufacturing resource planning (MRP) systems used since the 1960s. Modern ERP systems first emerged during the 1970s and began integrating finance and accounting functions with human resources and equipment maintenance management — evolving from focusing exclusively on manufacturing. By the mid-1990s, business management software had become more mainstream when some government agencies began to use it. Around this time ,systems were being tailored for SMEs and becoming more affordable and accessible.

The benefits of business management software

Business management software will streamline your business, making it more efficient and more profitable. Here are some of the benefits:

  • organise business information in an accessible and user-friendly way that saves time and increases productivity 
  • automate business processes and reduce manual efforts
  • minimise human error in data input
  • collect, manage, and control business information in one central place
  • make the right business decisions based on accurate data and reporting
  • get work done faster and more effectively
  • provide customers with better service and increase customer loyalty

Irrigation supplies business features

We have customised ProfiitPlus to meet the unique needs of the irrigation and pumping supplies businesses. Some of our industry specific capabilities include:

  • Use booking diary to schedule jobs
  • Create quotes, job cards, orders & invoices
  • Create purchase orders for domestic and international purchasing
  • Create and manage Jobcards for customer repairs, warranties and servicing
  • Job Manager submodule and JobMate mobile app for servicing and repairs
  • Integrated EFTPOS

Choosing the right business management software

When it comes to choosing business management software there are a plethora of options available. The best place to start your research is to look for software that has been designed or customised for your industry and is built for Australian SMEs. With Foresiight’s ProfiitPlus, you can be confident that our software is customised based on years of experience and industry knowledge of irrigation supplies businesses. Our team of business consultants know your industry and what you need in your business management software.

Further information

Find out more about ProfiitPlus for your irrigation supplies business or use our simple online form to tell us about your business and we’ll be in touch.

New Customer Portal

We have moved our Support Centre which includes all of our knowledge base articles. Click here for our new Support Centre and bookmark the new website link.
To request login credentials, please call support on
(07) 3356 2772 or email us using the link below.

We are also currently in the process of moving all open tickets to our new support centre, you may receive an email notifying you of the new ticket ID. This will not require any action on your behalf.

Please note – you can still submit a support request as normal by sending an email to support@foresiight.com.au or by phoning our support line.

Landscape and garden stores business software

Running a landscape and garden store has many challenges and complexities that are unique to your industry. You need business management software that has been customised for landscape and garden stores

What to expect from ProfiitPlus

Business Management – Manage all aspects of your landscape and garden supplies business from a single system. ProfiitPlus handles everything from backend accounting, to stock management through to point of sale (POS). Get your business running more efficiently.

Stock control – increase your opportunity for sales by taking control of your stock/inventory so that you can maintain the best product selection for your customers and have stock items where you need them, when you need them. Set minimum and maximum stock levels to save time and simplify the ordering process. You will get support for unlimited stock ratio items so that you easily sell by the tonne, cubic metre, trailer, buckets or other measures. Plus, you can buy and sell in different units of measure for example buy by the tonne and sell by the metre.

Point of Sale – improve your customer service with ProfiitPlus’ fast and easy-to-use POS interface. Staff training is easy with the intuitive interface.

Sales and invoicing – Create quotes, work orders and invoices on-the-fly. Data entered automatically updates across all modules, in real-time. Which means that information is always up-to-date.

What to expect from Foresiight

When you partner with Foresiight you’ll get more than ProfiitPlus software. Based in Brisbane, our team have years of experience supporting landscape and garden supplies businesses. We know your industry and the challenges that you face.

Further information

Find out more about growing your landscape and garden store business with ProfiitPlus, or use our easy contact form and we’ll be in touch.

Why you need hardware store POS

As a small to medium sized hardware store, you need a point of sale (POS) software solution that is built for your industry. You need a hardware store POS solution that integrates your business from stock control, through to sales and accounting.

ProfiitPlus hardware store POS and business software has been customised for the industry but is more affordable than purpose-built or bespoke software. Over the last 35 years, our team of business consultants have partnered with businesses in the hardware industry and through this experience ProfiitPlus has been customised to meet your needs.

What to look for in hardware store POS software

Using “off-the-shelf” POS software and trying to retro-fit it to your hardware store has its limitations. That said, bespoke or purpose built software is often too expensive for smaller hardware store businesses.

The ideal solution is customised software developed with the nuances and intricacies of hardware stores in mind.

What you’ll get with ProfiitPlus

Some of the features and functionality of ProfiitPlus that will help your hardware store are:

  • easy to use touchscreen POS interface
  • automated stock control to preset ratios
  • sell items in unlimited units
  • create quotes, special orders and sales
  • email invoices, orders, quotations and customer documents from the POS interface
  • track product serial numbers for high value items
  • customer based pricing via multiple pricing levels
  • flexible promotion management at group and local level
  • print shelf labels and talkers
  • scan and create barcodes
  • connect Purchase Order lines with Sales Orders to track fulfilment of customer orders
  • IHG and Mitre 10 integration
  • electronic ordering and invoicing, electronic price guides and integrated loyalty program
  • pricing updates from a wide range of suppliers
  • easy management of ratio items such as chain, rope and allowing you to buy by the roll and sell by the metre (or any other measures)
  • stock levels and margin management
  • retail, wholesale, trade and contract pricing

What you’ll get with Foresiight

When you partner with Foresiight you’ll get more than ProfiitPlus software. Based in Brisbane, our team make your business their business and work with you to help you grow.

Further information

Based in Brisbane, we’ve been working with Australian small business for over 35 years. Our leading hardware store POS software is built for Australian hardware stores. Find out more about ProfiitPlus hardware store POS or use our easy contact form and we’ll be in touch.

Online store software for small business

Online store software for small business

In the current global climate, online shopping has become the norm. From groceries to homewares, clothing to health supplements and everything in between, online has quickly become the channel of choice for many Australians to purchase what they want and need.

Of course, as a small business it can be argued that this places an unfair advantage on larger corporations and organisations. Can small businesses who have been entrenched in their bricks and mortar store compete with the eCommerce solutions of big business?

The answer to this question is yes! For savvy and smart small business owners, eCommerce (online shopping) presents an opportunity to diversify. Importantly, it is another means through which to reach your customers.

It sounds like a lot of work…

We get it – the task can seem daunting. You’ve traditionally been a bricks and mortar store. You have limited capacity to process and fulfil online sales. And you carry a wide variety of products. So where do you start?

At Foresiight, our team of small business software consultants have been supporting businesses all over Australia to get online. Based in Brisbane, we work with small businesses across a range of industries to integrate their physical and online stores. Most importantly, we support businesses to:

  • Integrate ordering and manage multiple physical locations in conjunction with online
  • Make sure the right stock is where it needs to be at the right time
  • Automate business processes online and offline
  • Enable one source of truth – a common database that connects all of your stock, suppliers, customers, and orders
  • Streamline the customer experience to achieve loyalty and satisfaction
  • Eliminate data duplication into multiple systems

Further information

We’ve been working with small business for over 35 years. Consequently, our leading business management software ProfiitPlus has been customised significantly over time. So today it seamlessly integrates with popular eCommerce platforms such as Neto and Magento.

As they say, the proof is in the pudding. That’s why our clients continue to grow and become more profitable. All with the help of online store software solutions built for Australian small business.

Get in touch today

Check out our eCommerce page here to find out more about Foresiight’s leading integrated online store software for small business.

Next, use our simple online form to request a free demo or a quote and we will be in touch.

How ERP software helps irrigation supplies business

Irrigation supplies ERP software can transform your business into a more efficient and profitable operation. At Foresiight, our flagship ERP software ProfiitPlus has been customised for the irrigation supplies industry. Our team of business consultants understand your industry and your needs and we partner with you for success.

What is ERP software?

ERP stands for “Enterprise Resource Planning” and refers to software or systems that organisations use to manage day-to-day business operations such as accounting, sales, supply chain and stock management. ERP software (also known as business management software) isn’t just for big businesses and is pivotal to the success of small to medium sized businesses.  

At its core, ERP software brings together a broad spectrum of business processes and enables the flow of data between them.

The fundamentals of ERP software

The fundamentals of ERP software are applicable across all industries including irrigation supplies businesses. They are designed around a structure called a “database schema” that has a common database. This interconnects business processes driven by workflows across departments (or functions) of a business. It connects not only the systems that are integral to each department but also the people who use those systems.

What are the benefits of irrigation supplies ERP software?

Irrigation supplies ERP software will provide:

  • One source of truth
  • Elimination of data duplication
  • Updates in real time
  • Data collection from shared transactional sources
  • Reduction / elimination of human error

How does this apply to an irrigation supplies business?

If you own or run an irrigation supplies business, you may still be wondering exactly how ERP software can support your business.

As an irrigation supplies business you deliver water management solutions, perhaps across a range of industries such as agricultural, commercial, residential and mining. Your business not only provides a service to your customers through the project work that you do but also offers stock/supplies (products) for purchasing, usually available through your website and/or your physical store(s).

You face unique challenges and every day is different and your audiences are wide and varied.  You may have contractors urgently needing pipe, valves, fittings and accessories for larger scale projects at the same time your sales reps are helping DIY homeowners find the parts they need for small jobs around the house. This, as well as working on your own projects providing water management solutions.

Irrigation supplies ERP software has the functionality to integrate all of these business functions via the common database discussed above.

Functionality for irrigation supplies

Customised for the irrigation supplies industry, Foresiight’s leading ERP software ProfiitPlus provides all of the following functionality:

  • Quotes and orders
  • Front counter sales
  • Customer order history
  • Customer-specific pricing and contract pricing
  • Stock control for 1000’s of product lines
  • Equivalent/substitute products
  • Kits & assemblies
  • Ratio Items (e.g. rolls of poly pipe sold in various lengths)
  • Flexible inventory replenishment
  • Mobile stock control & ordering using StockMate
  • Job scheduling
  • Vendor bulk pricing updates

…and most importantly, we have the experience to ensure you get the most from your business software. We are ready to help your business to grow and become more profitable – just like we’ve done for hundreds of Australian businesses!

Further information

Based in Brisbane, the Foresiight team of business consultants are experienced partners for irrigation supplies businesses throughout Australia. We understand your challenges and from years of experience we have customised our software to meet your industry needs.

Get further information on Foresiight’s leading small business software ProfiitPlus or use our simple online form and we will be in touch.

Still posting manually? Automate Tasks with ProfiitPlus

Still posting manually? Automate Tasks with ProfiitPlus

ProfiitPlus is able to automate a wide range of tasks to make your end of day processing trouble free.  There’s no need to spend time each day manually posting sales transactions or banking batches.  Using overnight processing also relieves load on your system and can eliminate posting issues that might occur due to network congestion.

Here are just some of the tasks that can be automated:

  • Post Sales Transactions
  • Post Banking Batches
  • Accumulate Sales Data (with the Performance Monitor module)
  • Synchronise stock to your online store (with the eCommerce Interface module)
  • Download orders from your online store (with the eCommerce Interface module)
  • Custom SQL reports – exported to Excel/CSV
  • Clone Live data to Training
  • Generate pharmacy PBS invoices (Alchemii)

For more information contact us on 07 3356 2772 or email us at solutions@foresiight.com.au

Brisbane based business management software

At Foresiight, we’ve been providing business management software solutions for small businesses in Brisbane and throughout Australia for over 35 years.

If you are a small to medium sized business based in Brisbane, Queensland or in Australia, it’s a good idea to research and compare software providers based in Australia who can provide local support and who understand Australian small business.

Integrating your business operations with business management software such as ProfiitPlus, is key to business success. If you are currently using multiple software products across different parts of your business that don’t integrate properly you will know all too well the inefficiencies that occur in daily operations. These inefficiencies impact your business significantly and essentially result in lost profit.

This is the case for many clients that come to Foresiight looking for a software solution to help them to take control of their small to medium sized businesses.

What does integration mean?

When we talk about “integration” there of three core business functions that should work together. They are accounting/finance, stock control and sales. With the right business management software in place, these are automated and integrated so that data is seamlessly inputted, shared and updated across each.

Business functions

For small to medium sized businesses there are a range of business functions that often operate in silos and do not “talk” to each other.  These may include:

  • General Ledger
  • Accounting
  • Sales &/or Point of Sale
  • CRM & Customer Service
  • Supplier & Supply Chain Management
  • Inventory Control
  • Job Costing
  • Staff Timesheets
  • Manufacturing
  • Payroll & HR
  • Fixed Asset Management
  • Reporting & Analysis

All in one business management software integrates these functions resulting in business efficiencies you may not have thought possible.

The benefits of integration

Now that we’ve covered the areas of your business that should be integrated, let’s take a look at the benefits of integration to your business and your bottom line. Is integration something that you really need or is it just another business buzz word? Is it something that you should invest in and will you see the return on your investment? There are multiple benefits including:

  • Workflow is simplified as customer service staff do not need to check the sales floor and/or stock room to answer customer queries. This significantly increases efficiency and means that staff can focus their time on customer service.
  • Stock control is crucial for business success and with the right business management software in place you will always understand what stock you are holding and what stock you need to meet customer demand based on past trends. This reduces the risk of stock overs and unders and unhappy customers when their needs are not met.
  • Manage staff with scheduling and time sheeting functions to ensure correct staffing levels for peak and off-peak times and accurate tracking of hours worked by each team member which results in less payroll errors.
  • Automate operations so that there is no need for manual tracking with spreadsheets and laborious stock counts. This reduces head hours and vastly improves business efficiency.
  • Reporting will be accurate, automated and available in real time from wherever you are. It will provide a holistic view of your business enabling you to make informed and intelligent decisions to take your business to the next level.

Further information

Based in Brisbane, the Foresiight team of business consultants work with small to medium sized businesses across a broad range of industries. Some of the key industries that we work in include tools and hardware, pharmacy, landscape supplies, automotive, irrigation supplies and more.

Get further information on Foresiight’s leading small business software ProfiitPlus or use our simple online form and we will be in touch.

The importance of small business stock control

Small business stock control is one of the most important but overlooked factors needed for business success. But what does effective small business stock control look like, how is it achieved and why is it so important?

What do we mean by small business stock control?

Taking control of your stock (or inventory) is the core component of your supply chain management. It aims to have the right stock (products or inventory) available in the right place, in the required quantities and at the exact time that they are needed. This is the essence of small business stock control. Getting this right will reduce the cost of carrying excess inventory, maximise sales opportunities and increase your profit margin.  

How is this achieved?

Sounds great right but how is this achieved? Foresiight’s leading business management software in Australia is ProfiitPlus. ProfiitPlus provides sophisticated stock control functionality designed with small business in mind and customised with industry targeted specifications. Our all in one business management system integrates sales, stock and accounting function for absolute control.

What are the benefits?

But how will this level of control benefit your business? Business software that integrates your stock operations with your sales and accounts, will enable you to:

  • Reduce costs and increase both cash flow and your bottom line
  • Track and measure your inventory in real time from anywhere
  • Help with sales forecasting through the year
  • Prevent product shortages and surpluses that cost your business
  • Improve warehouse organisation and human resource management
  • Easily manage multiple locations management, for example across stores and/or warehouses

What strategies should I use?

Once you have the right software in place, there are some strategies you should incorporate into your operations that will ensure you achieve small business stock control.

Forecasting – accurate forecasting is crucial and without it you will not achieve stock control for your small business. With ProfiitPlus, you will be able to base your projected sales calculations on historical sales figures, year on year, taking into account seasonal demand, market trends, special offers and more.  

Stock take periodically – regular stock takes are still vital to ensure that you have the stock you think you have and that it’s all where you think it is, in the right place to reach your customers in a timely manner. The frequency of stock takes will depend on your business and whether you’re dealing with perishable products. With ProfiitPlus, stock take is much easier with the functionality of mobile barcode scanning.

Prioritise by Value – all stock is not of equal value and one unit of a certain product will not match the dollar value to your business as another unit of product. Categorising your stock by value and making sure that you have particularly tight inventory controls in place for your high value stock will reduce the impact on your bottom line when stock is damaged, lost or wasted.

Eliminate shortages and overs

Effective small business stock control will save your business money in the long term by avoiding stock overs, resulting in product that doesn’t sell and impacts your bottom line. It will also help you to make money because you will have less missed sales opportunities due to the unavailability of stock. If an item isn’t available and a customer wants it now, they will buy from a competitor and your business misses out on not only that sale but also potentially the repeat business as well.

Frequently Asked Questions

Can’t I just carry on using spreadsheets to manage stock?

You could – but your business will suffer. Spreadsheets need to be manually updated which means time is required for data entry, human error is common and you won’t have a picture of your stock in real time, instead the data is almost always out of date. Last but not least, spreadsheets do not integrate with your sales or accounting functions so you will be entering data into multiple systems all of the time.

Isn’t business management software for big organisations?

No. For small businesses it can be even more critical that stock control is efficient. Foresiight’s market leading software ProfiitPlus is customised for the needs of Australian small businesses across a wide range of industries.

I’m expanding from one store to two, is now a good time to consider how well my business is managing stock?

Definitely. With the expansion of your business, you’ll need to manage your stock across multiple sites and multiple teams. Spreadsheets and some start-up software can’t manage this.

Further Information

Find out more about Foresiight’s market leading small business management software ProfiitPlus. Our software has been developed over 35 years to help Australian small business to take control, grow and become more profitable. We partner with businesses across a range of industries and offer customisations to suit. Check out our industries page for more information.

Foresiight StockMate


StockMate Kit

Each kit comprising:

  • Android Mobile Scanning Terminal with hand strap
  • StockMate Device Licence
  • Software installation & device configuration
  • Online user training

Your best mate for stock control

BENEFITS

What are the benefits of having a StockMate device?

Enables live upload of scanned stock via WIFI – No manual docking process needed

Significantly reduces data entry errors – no more need to write it on a scrap of paper and decipher when you get back to the counter/office

Saves time stocktaking and purchasing

User-friendly touch screen interface that your staff will love

STOCKMATE FEATURES

What can you do with your stockmate device?

Stocktakes – Easily scan items for simple use within rolling (Interim) stocktakes without the need for stocktake worksheets

Stock Adjustments – Scan damaged stock and process write-offs when you find them, rather than later after you have amassed a collection in the stock room

Stock Transfers – Easily pick and pack products for transfer between stores so you can get the stock transferred quicker!

Price Checks – Don’t leave the customer waiting – get them the price they need while you are on the floor with them

Stock Receiving – Save the guessing game, scan the products as they come in to make sure you have received all products you have been invoiced for

Purchase Orders – Create your purchase order while you are walking around the store, where its easiest to see if the shelf is looking low on stock

Shelf Labels – Paired with the price check function, ensure you are always showing the correct price on your shelves saving customer confusion

Sales – Have those bulky products ready to go on an invoice for the customer, saving the guessing game when you get to the front counter

A look at business management software in Australia

Business management software can also be known as Enterprise Resource Planning (or ERP) software. It is sometimes thought that ERP systems suit larger corporations whereas business management software is for smaller organisations. This isn’t necessarily true and the two terms can be used interchangeably to mean software or a system used to manage business processes.

Business management software here in Australia, can have a number of different functions. It can be either custom built or customised to meet the unique needs of not only a given industry but a given organisation. In simple terms though, it is business management software designed to integrate, automate and streamline processes to make businesses more time and resource efficient which in turn, increases profitability.

Business management software is used for managing inventory, production sales and accounting. It also monitors and manages resources throughout a business such as:

  • – revenue
  • – materials
  • – orders
  • – human resource
  • – expenses

This is achieved via a single interactive database management system so that one source of truth exists within your business and there is no inaccurate and conflicting data, reporting and insights.

What types of business management software is available in Australia?

Online – Cloud-based or online business management software solutions are accessed via the internet and payment is a subscription basis. The software itself isn’t owned or licensed by the end user but is provided as a service. This is also known as Software as a Service (SaaS).

On-premise – Business management software solutions that are installed on a server physically located on the business premises are known as on-premise solutions. Traditionally the license for an on-premise system is sold on an up-front basis and treated as a capital expense. However, many on-premise systems now also offer a subscription-based license.

Some on-premise systems also offer a “hybrid” deployment option, where the software may be hosted in a cloud data-centre environment rather than on-site.

What are the benefits of business management software?  

Small businesses will see many benefits and over time they will see the return on their initial or ongoing investment. Let’s take a look at some of the key benefits:

Transparency: Rather than each part of your business having its own information system, data is shared and can be accessed throughout your business. This eliminates the need to enter data into multiple systems or export data, which means less human error, increased efficiency and cost savings.

Decision-making: The real-time data enabled through an all-in-one system can benefit many areas of your business for the purposes of marketing, management, accounting, forecasting and more. This enables business owners (or managers) to make intelligent business decisions and respond quickly to changes.  

Productivity: The increased efficiency of streamlined business processes allows for a shift in focus from operations and logistics to business strategy which leads to business growth. Business management software will enable you to work “on” your business instead of “in” it.

Stock management: For any business that handles stock, effective stock control is crucial for success. Effective small business stock control will help you to review your buying cycles, supply and demand, seasonal fluctuations, pricing strategies and more. Knowing your best performing products will inform your buying strategy to increase the profitability of your business.

What types of industries use business management software in Australia?

Any business in Australia that handles stock will benefit from business management software that integrates stock management with accounting and point of sale functions. Businesses with large and complex inventory needs or with multiple stock locations will see the greatest benefit, with operations streamlined across all locations.

Further information

For further information on ProfiitPlus, Foresiight’s leading business management software in Australia, leave your details via our contact form and one of our business consultants will be in touch. We’ve been helping small businesses to grow for over 35 years and we’re ready to help you.

Distribution management software for small business

If your small wholesale distribution business is using multiple systems to manage business operations, business efficiency and your bottom line will be suffering.

With Foresiight’s leading business management software ProfiitPlus, you will benefit from one fully-integrated solution to manage your entire business. That’s one system, one partner and one source of truth.

What’s wrong with the systems I have now?

Entry level systems to manage your accounts, supply chain, payroll, ordering and warehousing will only get you so far. For wholesale distribution businesses that have grown beyond their initial start-up phase, these systems are no longer viable and will hold your business back. You may have grown to multiple sites, added an online sales channel, employed more staff; however you have grown your old systems will be struggling to keep up.

Ask yourself the questions below to understand whether your wholesale distribution business is being held back by your legacy systems.

  • Are your staff entering the same data into multiple systems multiple times?
  • Do you feel as though you have control of your stock?
  • Do you have issues fulfilling orders in a timely manner because you are under-stocked?
  • Do you have issues with wastage because you are over-stocked on certain products?
  • Do you rely on spreadsheets?
  • Are you able to accurately measure and report on how business is tracking?
  • Do you have processes in place that you stick to or do you often need to find “work-arounds” to reach your desired outcome?  
  • Are your customers happy?
  • Are you happy with how your wholesale distribution business is running?
  • Are you happy with how your wholesale distribution business is growing?

What about the cost?

Wholesale distribution software is an investment in your business that is not dissimilar from buying a new piece of equipment to improve production output. ProfiitPlus manages your entire business to streamline processes and ensure efficiency and in turn increases profitability.

What is ProfiitPlus?

ProfiitPlus is Foresiight’s flagship software powered by over 35 years of experience that comes from our Brisbane based team. Over the years ProfiitPlus has been refined and customised to meet the needs of wholesale distribution throughout Brisbane, Queensland and Australia.

How will ProfiitPlus help?

ProfiitPlus comprises a complete all-in-one solution. With ProfiitPlus you can:

  • Manage your distribution warehouse requirements
  • Completely manage your supply chain
  • Integrate warehouse management
  • Calculate, forecast and automate ordering
  • Scan stock from a mobile device
  • Manage operations across multiple locations from any location
  • Easily manage recalls, returns and repairs
  • Have the right products, in the right place, at the right time
  • Process immediate stock transfers between locations

What our clients can expect

When you work with Foresiight, it’s not only the features of ProfiitPlus that will help your business. Our team of consultants make it their business to know and understand your business.

From our head office in Brisbane, we partner with wholesale distribution businesses Australia wide. 

We believe that an innovative approach to the way that wholesale distribution businesses manage and integrate their sales, stock control, accounting and online ordering is crucial for a business to grow in these challenging times. We believe in “information innovation”; so much so that we incorporated the double “i” into our name.

We regularly work on-site with our clients to meet their unique needs and ensure the smooth implementation of ProfiitPlus throughout their business.

We invest in ongoing research and development to ensure that our business management solutions remain market leading in today’s continually changing business environment.

Further information

Talk to the Foresiight team about how we can help you grow your wholesale distribution business with our customised software ProfiitPlus. Simply call us on 1800 061 670 or complete our easy online form and we’ll be in touch.

Find out more about ProfiitPlus.

6 ways hardware store software will grow your business

There is no doubt that 2020 has been a tough year particularly for small business. For some businesses though, it has provided the opportunity to take stock, to diversify or to review business operations and whether the processes in place still work optimally in 2020 and beyond.

At Foresiight, we work with hardware store clients throughout Queensland and Australia. If you run a hardware store and are looking for ways to future proof your small to medium sized business then business software customised for the specific needs of hardware stores is a good place to start.

Here are 6 ways that hardware store software will support you to grow your business.

  1. Take control of your stock

Do you always have the right stock in the right place at the right time? If the answer is “no” or “not always” then this will incur significant costs to your business. Successful businesses understand where stock needs to be and when, to meet customer needs. They have visibility over weekly and seasonal fluctuations and an accurate understanding of supply and demand. They have automated ordering in place and integration between stock, accounting and point of sales functions.

2. Hardware customisations

You can still benefit from hardware industry customisations without going to the expense involved in implementing bespoke software built specifically for your individual business. With software like ProfiitPlus, Foresiight’s leading all in one business management software, industry customisations are good to go for hardware and tool stores. Read more about ProfiitPlus for hardware stores.

3. Full business integration

With ProfiitPlus up and running, you will achieve one source of truth. That means one database and interface to manage operations throughout your business. When your stock ordering system doesn’t talk to your accounting system it makes managing cashflow challenging and results in inaccuracies. Similarly, if stock ordering doesn’t integrate with point of sale, manual stock takes for re-ordering are time consuming and susceptible to human error. Full business integration is efficient and frees up human resource.

4. Automation

Say goodbye to spreadsheets and manual stock takes. With the right hardware store software in place, integration and automation work hand-in-hand to streamline your business processes. This means that at any point in time,  staff members across different teams and/or locations can get an accurate understanding of operations, stock-levels, sales and ordering.

5. Accurate data

With operations automated and integrated, you can be confident that your data is accurate. Using multiple systems and duplicating data entry across these systems, will always result in discrepancies and inaccuracies. Making business decisions becomes challenging  because you don’t have confidence in the information you have to hand. Your hardware store software should give you the right data that is a true representation of what’s going on in your business at any given time.

6. Consolidated IT costs

Integrated systems means integrated costs. Streamline your IT resources with one system, one supplier, one database and one license. Reduce staff training requirements and the time spent to manage multiple, disparate systems.

Talk to the Foresiight team about how we can help you grow your business with our leading hardware store software ProfiitPlus. Simply call us on 1800 061 670.

Find out more about ProfiitPlus for hardware stores.

Grow your distribution business with our leading management software

Our leading distribution business management software ProfiitPlus has been customised to meet the needs Australian wholesale and distribution businesses. ProfiitPlus handles all facets of your supply chain and distribution operations in one easy-to-use system. At Foresiight, we understand the intricacies of managing your invoicing, your balance sheet, your customer needs, procurement and everything in between. That’s why ProfiitPlus has been built and customised to support your unique needs as a wholesale distribution business.

How do I know if I need distribution business management software?

If you are trying to ascertain whether you need to invest in business management software specifically tailored for distribution businesses, thinking about the questions below might help. Are any of these challenges that your business faces on daily, weekly or a regular basis? Are they challenges that are preventing your business from growing? Would you describe them as barriers? Are they the things that keep you awake at night? Consider these questions:

  • • Is your team manually entering the same data into different systems across your business and wasting valuable time in the process?
  • • Are you distracted with the complexity of managing operations when you should be concentrating on improving your customer service?
  • • Do you use spreadsheets in an effort to achieve stock control throughout your business?
  • • Are you a small business that has out-grown the systems put in place to manage operations when you first started out?
  • • Are you finding data inaccuracies throughout your distribution business that are costing you money?
  • • Are you struggling to make business decisions because you don’t have access to intelligent business insights?
  • • Do you find it a challenge to step away from your business because you are integral to the successful running of operations?
  • • Are you “micro-managing” your team and/or your processes?
  • • Do you spend more time “in” your business than “on” your business?

If any of the above challenges ring true for you then taking the next step to grow your business with the right distribution business management software could be a smart move. Understanding the features of our distribution business management software is a great first step.

What are the features of ProfiitPlus distribution business management software?

  • • Warehouse management
  • • Sales, invoicing and purchase order management
  • • Pricing management
  • • Sales and purchase forecasting
  • • Complex bundle promotion handling
  • • Shipment apportioning
  • • Multi-location and multi-cost centre control
  • • Calculated and forecast ordering
  • • Replenishment location ordering
  • • Online ordering integration

Easy integration and partnership

Our team of Brisbane based developers and business consultants know ProfiitPlus inside-out and they understand the requirements of distribution businesses and the unique challenges that you face. We’ve been working with small to medium sized businesses throughout Brisbane, Queensland and Australia for over 30 years.

We’re with you every step of the way through implementation to ensure a smooth transition from your existing system for your staff and your customers. Beyond implementation, we pride ourselves on the partnerships that we create with our clients, working with you to help grow your business.

Who are Foresiight?

Based in Brisbane since 1981, we were recently acquired, as part of Constellation Software via its operating group Vela Software Asia Pacific, Foresiight benefits from a strong corporate platform with international support and governance, while continuing to operate with the same small company responsiveness.

Why choose ProfiitPlus?

There are many options when it comes to basic “off-the-shelf” business management systems and then there is a big leap to the much larger, more complex and more expensive systems and software.  ProfiitPlus fills that gap – providing the power of a sophisticated business management system, that is easy to use and affordable for small to medium sized Australian businesses.

Further information

Find out more about ProfiitPlus for wholesale and distribution businesses, fill in our contact form or call our team on 1800 061 670 today for a free demo.

Reach more customers with online sales

Reach more customers with online sales


One of the responses we’ve seen from COVID-19 is how consumer behaviors have changed during periods of restricted social interaction. 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.

Having a great website is just the first step in your business’ journey to increasing revenue opportunities.  As your online presence grows, it will quickly become obvious 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 has been built to integrate with two popular eCommerce Systems, Magento and Neto, giving you the freedom to choose the platform that best suits your business’ needs.

Magento is a mature eCommerce platform, used by a huge number of online businesses both in Australia and throughout 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 a little 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 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. After completing a few simple forms with some details about your business, a sample site can be setup and launched the same day.

A number of modestly priced 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 some help from a specialist web designer and more 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 ProfiitPlus/Alchemii 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. Another bonus is that you are dealing with an Australian business, developed and supported right here in Brisbane (just like Foresiight). For these reasons and more, Neto has rapidly become one of the most popular eCommerce platform choices for Australian businesses.

Whatever your business requirements, wholesale (B2B) or retail (B2C) – there is a solution to suit. Talk to your Foresiight Support 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.

Foresiight Mini POS Bundle – clear the clutter!

Is your counter area cluttered with big old desktop workstations?
Are you still running outdated and unsupported Windows 7 systems?

Foresiight has the solution – our Mini POS systems feature a powerful small-frame Intel PC in a case that’s smaller than a docket printer!

Stop putting up with big, old clunky systems that are slowing down your business. Update today with an easy and affordable solution from Foresiight.

Just send us an email at solutions@foresiight.com.au or call on 1800 061 670 to order now, or to find out more. We ship Australia-wide and can configure your new system remotely.

Business software helping landscape supplies business to grow

Our leading business management software ProfiitPlus has been customised to meet the needs of landscape and garden supplies businesses throughout Australia. As a landscape supplies business, your needs are unique but we understand the industry and what you need from your management software.

Why choose business software?

Your landscape business may have grown to the point that the business management processes that you put in place in the past are no longer functional and may in fact be holding your business back. If you answer “yes” to three or more of the following questions, it’s time to start considering how business management software could transform your landscape supplies business.

  1. Are you manually entering the same data into different systems across your business?
  2. Do you use spreadsheets for record keeping and stock control?
  3. Are you finding data inaccuracies caused by human error?
  4. Are you struggling to make business decisions on the fly because you don’t have access to intelligent business insights?
  5. Do you struggle to step away from your business because you are integral to the successful running of operations?
  6. Are you “micro-managing” your team and/or your processes?
  7. Do you spend more time “in” your business than “on” your business?
  8. Are your business operations siloed?

How does all in one business management software work?

All in one business management software works primarily to connect your accounting, sales and stock management business functions into one database to achieve full integration and automation across your business. This is the core of our leading business management software ProfiitPlus.

Further, with ProfiitPlus add-ons and customisations created exclusively for the landscape supplies industry you can improve your customer management, quoting, invoicing, margin management and stock control.

Grow your business with all in one business management software

We’ve helped many landscape supplies businesses throughout Australia to grow by taking away the stress of business operations and the uncertainty of not having an accurate and real-time view of what’s going on in your business. ProfiitPlus has given many business owners the opportunity to focus on running their business as operations and processes are taken care of.

What can ProfiitPlus do for your landscape supplies business?

Here’s what you need to know about the features of ProfiitPlus for your landscape supplies business:

• Support for unlimited ratio stock items – sell by the tonne, the cubic metre, quarter metre, trailer, bucket, and more

• Save time by generating new stock items and updating existing products with quick and easy bulk editing tools

• Buy and sell in different units of measure – e.g. purchase by the tonne and sell by the metre

• Choice of trade style invoicing screen or cash register style for front counter sales

• Create quotes, job cards, special orders and invoices

• Easy drop-shipping – take turf orders or blocks & pavers orders at the counter, and create purchase orders on-the-fly to deliver straight to site

• Use the Booking Diary to schedule deliveries at the point of sale

• Integrated SMS and email to keep in touch with your customers

• Print delivery dockets including weight, size and delivery instructions

• Print proforma invoices for customers

• Save time by importing electronic price file updates from your suppliers

• Flexible pricing structures to accommodate commercial, trade, council and retail pricing

• Create special pricing structures for individuals or groups of customers

• Print delivery dockets with weight/volume

• Manufacturing processes for re-potting as plants grow and increase in value

We know that as a full-service landscape yard, you probably carry a range of hardware supplies too. Foresiight software is used widely in the hardware & building supplies industry, so you’ll benefit from all of the features of a great hardware store system. Selling timber by the lineal metre or the pack, selling bolts by the carton, the packet or as a single unit – no problem!

Don’t put up with your old accounting system or POS system any longer. Start managing your stock and running your business the way you want it run – ProfiitPlus is the right tool for the trade.

The Foresiight difference  

Established in 1981 as an Australian privately owned company, we work from our head office in Brisbane, to partner with businesses throughout Australia.

We believe that an innovative approach to the way that businesses operate and integrate their point of sale, stock control, accounting and mobile commerce is crucial for a business to grow. 

In Australia there are many basic “off-the-shelf” accounting and POS systems, and then there is a big leap to larger and more complicated (and expensive) business management systems.  Foresiight fills that gap, providing software that is affordable and easy to use.

Recently acquired, as part of Constellation Software via its operating group Vela Software Asia Pacific, Foresiight benefits from a strong corporate platform and international support and governance, while continuing to operate with the same small company responsiveness.

Further information

Find out more about ProfiitPlus for landscape supplies, fill in our contact form or call us today for a free demo.

How to find the best Business Management Software in Australia

When it comes to finding the best business management software in Australia, it can be difficult to know where to start. One common mistake is starting the research process without first understanding or identifying why your business needs to implement all in one business management software. What are your business objectives? There are some key objectives that all in one business management software will help you to achieve. It’s important to ask the right questions of potential software providers to find the right solution to meet the needs of your business now and into the future. Some of the top reasons business need implement all in one business management software include to:

  • manage stock complexity
  • achieve small business stock control
  • integrate multiple business locations
  • manage multiple cost centres
  • streamline a complex sales process
  • streamline a complex supply chain

One you’ve identified your business objectives, these are the “whys”, start your research into the “whats”. Firstly, look at the “whats” in relation to potential software providers. Consider whether they are able to offer the below and are they provided at a fixed price or as add-ons? If it’s the latter this may quickly exceed your budget.  

  • Customisation:
    • Will they work with you to customise software to precisely fit your business needs?
  • Consultation:
    • Will they provide a consultative service and really get to know your business and the challenges that you face?
  • Implementation:
    • Will they support your business through a smooth transition to their software?
  • Training:
    • What training will they provide to your team to ensure that they are confident using their system?
  • Technical support:
    • When technical support is needed, will you get to speak to a real person?

Secondly, look at the specific features of business management software. What features of the software will help you meet the business objectives that you’ve identified? The following checklist can help as a guide to work-through “what” features you should expect in all in one business management software.

  • Point of sale (POS) system
    • A front-end interface that is easy to use so that training is minimal and your implementation runs smoothly
  • Customer service
    • A module that provides an integrated and holistic view of your customer base to improve customer service
  • Loyalty and rewards program
    • The ability to reward your loyal customers and keep them coming back again and again
  • Product management
    • Features such as product categorisation, product hierarchy and product master data management
  • Small business stock control
    • Optimise your stock levels, manage stock movement, reduce wastage and more
  • Store or site structuring
    • The capability to link multiple stores and sites for full integration across your business
  • Pricing and discounts
    • Automate pricing and improve productivity and customer satisfaction
  • Sales reporting and analytics
    • • Provide essential insights to inform business decisions such as purchasing and pricing
  • Supplier management
    • The ability to manage suppliers through centralised procurement

In summary, when researching the best business management software for your Australian based business, consider the “why” as well as the “what” to find the right solutions to meet your business objectives.

For further information on Foresiight’s leading  business management software in Australia call us today or leave your details via our contact form and we will get on touch with you.

ESET Antivirus

ESET is here to secure your computers and devices, protect your precious data, and keep your company know-how safe. ESET Antivirus protects users just like you across 200 countries and territories worldwide, helping them to use and explore all the great opportunities of the Internet.


What does ESET stand for?

Essential Security against Evolving Threats

How does ESET Antivirus work?

Its antivirus engine uses advanced heuristics, machine learning, and cloud-based scanning to effectively detect and eliminate the latest malware threats without slowing down your computer.

Can ESET protect while web browsing?

Yes it can. The ESET Online Scanner runs from your web browser, checks for and (optionally) removes malware. ESET offers multiple layers of protection against malware and can prevent your computer from infection.

Can ESET help with Spam emails?

Yes it can! The Antispam engine available in various ESET products assigns a spam score to each email message it scans and uses that score to determine the course of action (deliver email, deliver to junk email folder, etc.).

Foresiight recommends ESET Antivirus. In recent years we have found ESET to be one of the most effective solutions for detecting and blocking threats.

For pricing or more information on ESET Antivirus email us at solutions@foresiight.com.au or call us on (07) 3356 2772.

SMS Free Trial

SMS Free Trial

SMS Free Trial

SMS marketing is a vital part of getting your business’ name out there in the mobile-focused world we live in. In fact, most people use SMS every single day.

SMS is becoming an increasingly essential part of effective marketing in businesses today and it is a very cost effective solution.

SMS is a great way to keep in touch with your customers (and sometimes even suppliers). It is also essential to building your brand and is a great tool to use to send your customers exclusive deals, surveys, insider information & even run contests! 

ProfiitPlus & Alchemii includes functionality to send SMS messages directly from various parts of the system – not just for marketing, but also for Order fulfilment, Job completion notifications, and more.

SMS messaging that is integrated into your business management system is big driver of efficiency in business. A simple button click can save a lot of time spent on phone calls. And just as importantly, many consumers actually prefer this method of communication.

We are offering a free trial! If you would like to trial the SMS features in ProfiitPlus/Alchemii, contact us and we will setup your integration for free and give you a batch of SMS to send out to your customers.

Email or phone Foresiight on (07) 3356 2772 to get connected today.

Click here to read some more about integrated SMS functionality.

Foresiight Training Packages

Foresiight Training Packages

Well here are Foresiight we offer affordable and valuable training sessions for our valuable customers.

Are you a new user of ProfiitPlus or Alchemii, and want to get started on the right foot? Or perhaps you just feel like you need to brush up on your knowledge of certain parts of the system?

Standard training packages are now available for each of the following topics:


Bookkeeping/Accounting Introduction

This training session is designed to provide an overview of how to use the day-to-day accounting & bookkeeping facilities within the system.  Primarily focusing on the General Ledger module, we will also touch on the flow of information from other parts of the system.

Topics include:

General Ledger journals

Searching through GL transaction history

Making adjustments

Closing off periods and end of year roll-over

Bank reconciliations

Management reports incl. Balance Sheet and P&L

BAS

Chart of Accounts

Accounts Payable

This training session is designed to provide an overview of how to maintain Creditors and use the Accounts Payable facilities within the system.  Primarily focusing on the Accounts Payable module, we will also touch on the flow of information from other parts of the system.

Topics include:

Entering invoice batches

Updating supplier account details

Regular Creditor payments

Non-Creditor payments

Manual Creditor payments

Transaction matching

Balance adjustments

Reporting

Accounts Receivable

This training session is designed to provide an overview of how to maintain Debtors and use the Accounts Receivable facilities within the system.  Primarily focusing on the Accounts Receivable module, we will also touch on the flow of information from other parts of the system.

Topics include:

Account enquiries

Updating customer account details

Issuing account statements

Transaction matching

Balance adjustments

Invoice batches

Payment/banking batches

Reporting

Overdue accounts

Credit limit and credit hold

Training is delivered by a Foresiight Consultant either remotely (online), on-site, or at Foresiight’s training rooms in Brisbane. You will be able to have up to 2 participants that may attend.

Duration will vary depending on content and participants – Please allow between 1 and 2 hours.

All training packages are priced at $220 per session

Call us on (07) 3356 2772 or send us an email at support@foresiight.com.au to book in a training session.

Business Management Software for your Wholesale Business in Australia

When you’re running a busy wholesale business, finding the right business management software to manage your stock, ordering, accounts and other business operations can get neglected. You can find yourself working “in” your business instead of “on” your business with your focus on getting through each day keeping your orders up to date and your supply chain in order.

However, for your business to grow, you need to be able to step away from your day-to-day operations confident in the knowledge that they will run efficiently and effectively without you. Let’s take a look at how the right business management software for your wholesale business will enable growth and future proof your business.

Agility in changing times

As a wholesale distribution business, in order to expand and grow your profits, you need the capability to change your business and move with the times (not against them). This could mean expanding into new geographical or demographical markets and managing increasingly diverse and complex stock. To do this successfully, you must have one source of truth within your business, so that products, information and money can flow without any barriers or discrepancies.

Understand your growth opportunities

It is impossible to understand the opportunities for your business to grow if your systems and operations remain siloed. Foresiight’s leading business management software for wholesale distributors will  seamlessly provide you with a real-time view of operations throughout your business and your supply chain, giving you the insight that you need to make smart business decisions. ProfiitPlus can help you assess your current capacity as well as enabling your future growth with accurate sales and stock forecasting based on your historical data.

Get online

2020 has been the year that many businesses have been forced online in order to survive. However, with siloed systems and manual processes in place this has been a huge challenge for many. The right business management software will seamlessly integrate your warehouse and e-commerce operations turning your online business into a profitable one quickly.

Further benefits of all in one business management software

Running your operations from an all in one business management software system has many other advantages.

  • • Save time and resource, say goodbye to manual data entry
  • • No more spreadsheets to try and manage stock
  • • Integrate your ordering, accounts and stock operations
  • • Run your business from any physical location
  • • Access one source of truth
  • • Step away from the day-to-day running of your business
  • • Stop “micro-managing” business processes
  • • Fully digitise your business and integrate bricks and mortar with online

Why choose Foresiight?

At Foresiight, we’ve been working with small to medium sized businesses throughout Australia for over 35 years. Based in Brisbane, we offer our expertise through the personalised service that we provide to each and every business that we work with. We support each businesses to customise our flagship software ProfiitPlus, to the specific needs of their industry and their business.  

Our business consultants have experience across a range of wholesale industries including irrigation and pumps, landscape supply yards, auto parts, tools and industrial and more. We understand industry specifications and over the years we have tailored ProfiitPlus for the industries that we specialise in.

Further Information

Follow the link for further information on Foresiight’s market leading all in one business management software ProfiitPlus. Or contact us today for an obligation free demo of ProfiitPlus and see how we can support your business growth.

Irrigation supplies business management software

Are you under the pump managing the multitude of time consuming administrative tasks it takes to keep your irrigation supplies business running? Do you feel like you are working “in” your business when you should be working “on” your business?

What do irrigation supplies businesses do?

You’re in the business of building and supplying irrigation parts for various projects. Some of these might include:

  • • Irrigating households and household water supply
  • • Water features and fountains
  • • Fish farming pumping and aeration
  • • Household and commercial filtration
  • • Flood control
  • • Golf course irrigation
  • • Fire fighting facilities
  • • Water treatment infrastructure

To service the projects you work on as well as your direct customers your product range is wide and varied and might include:

  • • Pumps
  • • Pipes
  • • Sprinklers
  • • Hoses and fittings
  • • Water meters
  • • Fittings
  • • Valves
  • • Water filters
  • • Water storage

The scope and breadth of your projects, means that you may have multiple stores, locations, offices and you may have showrooms. These all service your customer and your business needs.

What challenges does your business face?

You carry products and provide services which means that your business processes can be complex and with this comes multiple challenges, they might include:

  • • Multiple systems – you have multiple systems in place across your business and no single “source of truth”
  • • Manual data entry – these systems rely on manual data entry which takes time and resource
  • • Stock control – stock data isn’t updated in real-time so it’s always out of date and stock transfers are challenging
  • • Lack of visibility – it’s challenging to understand exactly what is going on in your business at any given time
  • • Inaccurate data – human error and multiple systems mean that your business data is prone to inaccuracy

How can business management software help?

The right business management software will automate employee driven busines processes for your irrigation supplies business. This frees up employees to do their actual jobs and take better care of your customers and the projects at hand.

Business management software such as Foresiight’s ProfiitPlus can help your business to achieve all of the following.

Stock control

Only buy and store the stock that you need based on accurate and real-time stock data. Avoid over-stocking and the cost that comes with it as well as under-stocking which results in project delays and/or disappointed customers.

Automation

Processes such as your ordering are automated so there is no manual handling and no room for human error.

Forecasting

Business management software enables you to predict stock levels, automate financial forecasts, staffing requirements and more so that you can make smart decisions to grow your business over time.

Anytime, anywhere

Manage your business from your multiple locations at any time. You don’t need to be at your “head office” to manage projects, stock, businesses processes or accounts.  

Is it time to invest in Business Management software?

If you are still not sure whether it’s time to invest in business management software for your irrigation business, then our easy checklist will help you to review where you are at with business operations and whether things are working efficiently. Answer each of these questions honestly:

  • • Do you rely on manual data entry?
  • • Do you use spreadsheets for stock control?
  • • Is your point of sale separate to your accounting and stock control?
  • • Are you  required to work out of a specific location to undertake certain tasks?
  • • Are you or your team members entering the same information over and over again into multiple systems?
  • • Are you unable to step back from day-to-day business operations?
  • • Do you “micro-manage” your business?
  • • Are you struggling to digitise your business and link online sales/ordering with your bricks and mortar stores?
  • • Do you struggle to understand what your customers need and want from your business?

If you answered “yes” to more than five these questions then now is the perfect time to talk to Foresiight about how we can help.  

Why choose Foresiight?

At Foresiight, we’ve been partnering with small to medium sized businesses throughout Queensland and Australia for over 35 years. Based in Brisbane’s north, and partnering with businesses across Queensland, our business consultants provide their expertise and personalised service to each and every business that we work with.

Our business consultants have specialised experience across a range of wholesale and retail industries including irrigation, tools and hardware, pets and produce, automotive and more. We understand industry specifications and we have tailored our leading all in one business management software ProfiitPlus to meet and exceed the needs of each industry.

Why choose ProfiitPlus?

Over the years ProfiitPlus has been customised to meet the specific needs of irrigation supplies businesses like yours. We currently work with successful irrigation businesses operating across Queensland, servicing Brisbane, the Gold Coast, the Sunshine Coast and beyond.

We understand irrigation and this is reflected in the customisation of our ProfiitPlus software.

ProfiitPlus provides:

  • • All in one solution
  • • Point of sale interface
  • • Real-time data and insights
  • • Stock management
  • • Accounting
  • • Performance monitoring
  • • Plus the options to add-on CRM, Paperless Office, JobMate and more

Further information

Chat to one of our team of business consultants today about how ProfiitPlus can help your irrigation business to grow through these challenging times. Call us on 1800 061 670 or complete our simple enquiry form and we’ll be in touch.

ProfiitPlus & Alchemii Version 4.93 New Features

ProfiitPlus & Alchemii Version 4.93 New Features

Customer Notes

The Customer Notes system has been re-designed.  You will notice the notes are split into individual text bubbles which can be individually printed, edited, or deleted. There is a new feature to mark a note as Private, this will mean the note cannot be printed and can only be edited or removed by the creator of the note.
The list can be sorted oldest to newest and each note records date, time and user information.

The new notes functionality has been added to:

Admininstration | Edit Customers

Accounts Receivable | Enquiry

Loyalty | Member Maintenance

CRM | Customers and Enquiry

Maintenance Records | Enquiry | Jobs by Accounts

AR Enquiry Screen

New filtering options have been added to the Accounts Receivable Enquiry screen, to easily locate account transactions within a pre-defined date range – for example, the past 90 days. The list can also be filtered by transaction type, such as Invoices, Credits, Payments, or Adjustments.

Paperless Office documents are now highlighted in the A/R Enquiry grid in a new column named “Doc”, with an icon to indicate that this Invoice has a paperless office document directly attached. To easily access this attachment, right click with the mouse and select “Open Paperless Office”.

eCommerce

Download individual or a range of web orders

Orders can now be downloaded manually by a specified range of Order numbers, or for an individual Order number. This can be useful where an incomplete Order from a previous day was not collected in the normal automatic synchronisation processes. This feature is available via Download Orders in the Management Console.

Product Insights

The extended Product Information frame has been added in the Process eCommerce Orders screen. This displays all of the key details about the currently selected line item.

Customer Keyword Search

The Keyword Search function in Customer Lookup Lists throughout the system has been enhanced to become a “multi-word” search. This means that each word (or partial word) entered is treated as an individual search term that may be located anywhere within a Customer Code, Customer Name, Phone Number, or Address. This provides a simpler search mechanism for the operator and a more effective set of results.

For example, you might enter the search term “JANE BERS”. This would display any customer named Jane from the suburb of Berserker.

Item Detail info Panel

In the Display Item Details screen, a new information panel has been added along the bottom of each tab to display quantity Available, quantity on Purchase Order, and quantity on Sales Order.

Purchase Invoice Number length

The maximum size for a Purchase Invoice Number has been increased from 10 characters to 20 characters. This has been implemented throughout the system from Stock and Purchasing through to Accounts Payable with screens, reports and entry points all accommodating this increase in character length.

Paperless Office Copy and Paste

Copy and Paste support has been added to the Paperless Office subsystem – the user may now copy a file and paste it as Paperless Office attachment using the right-click menu. Drag and drop support has also been introduced.

Custom Fields

Where the Custom Stock Fields Add-on is licenced, there is a new property to add a document link. This is separate to the image link and will hold such document types as PDF, Excel, Word, Text, CSV and other file types.

Documents and files can be viewed directly from Display Item Details screen by clicking on the attachment link.

The top 8 benefits of all in one business management software

All in one business management software is designed to integrate operational areas of your business and automate the processes required to keep your business running successfully.

But why should small businesses strive to achieve this? As a smaller operation is all in one business management software a “nice to have” or a “must have”? The answer depends on how successful you want your business to be now and into the future.

At Foresiight we’ve been supporting small to medium sized businesses across Australia for over 35 years. Our flagship all in one business management software ProfiitPlus has helped these businesses to grow. Let’s take a the top 8 benefits of business management software.

  • Better business reporting. Accurate reporting on your business metrics allows you to make informed decisions, the right decisions for your business and your staff. You’ll get real-time information from one single database. This means one source of truth so no more discrepancies and inaccuracies in data across different systems.
  • Next level customer service. All in one software gives you better access to customer information. This means faster response times for customer orders, enquiries and feedback and improved order accuracy. All of this will take your customer service to the next level and increase customer satisfaction and loyalty to your business over your competitors.
  • Take control of your stock. All in one business management software gives you ultimate control over your stock. With this in place you can carry the optimal amount of stock, across all products at any given time of the year (taking into account any seasonal demands). This means that you can reduce the overhead costs for holding more stock than you need while also avoiding under ordering and disappointing customers and/or clients with out of stock items.
  • Boost cash flow. Automate your invoicing so that invoices are dispatched and paid in a timely manner. This means more cash on-hand for your business and less human resource needed to create and follow-up on invoicing.
  • Cost savings. With streamlined and automated processes in place you’ll see the cost savings from improved inventory control, better procurement management, better customer service and improved vendor/supplier relationship management.
  • Improved data security. You can be rest assured of improved data security for your business and your customers with dedicated security resources.
  • Standardised processes. With manual processes comes human error and variations in the away in which processes are used and followed. Simply because we’re all human! With processes automated, they are standardised and not reliant on interpretation.
  • Better supply chain management. You’ll be able to achieve lean inventory (only store what you need), reduce production bottlenecks and achieve transparency throughout your entire supply chain.

Why choose Foresiight

At Foresiight, we’ve been partnering with small to medium sized businesses throughout Australia for over 35 years. Based in Brisbane, we offer our expertise through the personalised service that we provide to each and every business that we work with.

Our business consultants have specialised experience across a range of wholesale and retail industries including pharmacy, hardware, pets and produce, automotive and more. We understand industry specifications and over the years we have tailored our leading all in one business management software ProfiitPlus to meet and exceed the needs of each industry.

Further information

Chat to one of our team of business consultants today about how ProfiitPlus can help you through these challenging times and future proof your business. Call us on 1800 061 670 or complete our simple enquiry form and we’ll be in touch.