ProfiitPlus Integrated SMS

Posted on by Foresiight

SMS features

SMS is a great way to keep in touch with customers (and sometimes even suppliers). ProfiitPlus includes functionality to send SMS messages from various parts of the system.

There are a number of areas that you can send an SMS from:

• Your Customer List in the Customer Relationship module

• The Sales Entry screen – when you update the status of a transaction (e.g. ready for pickup)

• The bulk marketing facility in Customer Relationship

• Loyalty module & more.

Before using SMS you need to register your system please contact us and we can help set this up for you. Email or phone Foresiight on (07) 3356 2772 to get connected today.

Status Code Setup

One of the most powerful ways to utilise integrated SMS is the Status Codes on Sales Documents.  You can setup status codes to text predefined messages to the customer, to keep them updated on the progress of their sale.  Go to Sales Orders & Invoicing | Sales | Settings | Enter/Edit Status Codes.  Select your status code to modify the SMS text and flag for an operator prompt:

Status Codes
Sending an SMS from the Sales Screen

Whether you are invoicing through Customer Relationship Module or Sales & Invoicing, you can utilise the SMS prompts on sales documents when setting or changing a document status.

Start your sale as normal and proceed to the Header Tab of your sales document.

ProfiitPlus SMS from Sales

Select your contact from the drop down list where applicable – this will allow SMS messages to be sent to the individual Contact’s mobile phone number instead of the primary customer mobile number.  Select your status from the “Status” drop down box.

If you have a predefined status setup (per above) you will automatically be prompted to send an SMS with a prefilled message, which you can review and edit before sending.

If you haven’t set predefined messages, you can simply click the “SMS” button beside the status at any time to send a custom message to the account or contact mobile number.

SMS Text

Enter your text message in the dialogue box and note the number of available characters at the bottom of the screen.  Note that your message must include an Opt-Out message, so this can not be removed.

Click OK to send your message.

It’s easy to get started, and the only cost is for the SMS messages that you utilise.

ProfiitPlus Version 4.99 New Features

Posted on by Foresiight

We recently introduced some exciting new features and improvements to ProfiitPlus. Explore some of our key highlights below or access the complete release notes for Version 4.99 by logging into our Support Centre.


Lightning Payroll
Foresiight Software has partnered with Lightning Payroll, enabling users to seamlessly import payroll journals directly into ProfiitPlus. This integration simplifies the payroll process and enhances overall efficiency. With this new feature, users can easily manage their payroll data, ensuring accurate financial records. 

The collaboration between Foresiight Software and Lightning Payroll aims to streamline operations and support better financial management.
 Central Billing
A new feature has been launched that enables selected Sales Invoices to be charged directly to the child account of a central-billed customer.

Previously, if a customer account was configured as central-billed, all Invoices would be charged to the parent account.  With this new feature enabled, the operator is now able to select on-the-fly, during entry of a Sales Invoice, whether to charge to the parent account or to the child account.

This feature has also been added in the Banking Batch entry screen, enabling allocation of invoice payments from both the child account and the parent account.
 Stock Valuation Report Update
A retrospective Stock Valuation Report was not previously accessible, as the report functioned as a ‘live version’ only without the ability to backdate.

A new feature has been added, which enables the operator to choose a retrospective date on the Stock Valuation Report. This allows users to be able to retrieve valuations from the latest historical data.
          Non-Diminishing Items
Previously, non-diminishing items were excluded from promotional offers. However, this has now changed and non-diminishing items are permitted to be included in promotions. For example:

1. A promotional campaign featuring an offer that includes complimentary freight/shipping services.

2. A promotion that includes a specifically assigned complimentary item(s), for which the stock code has been set as non-diminishing.
          Are you on Version 4.99? 

If you’re currently licenced for an earlier version of
ProfiitPlus, please reach out to your helpful Foresight Support Team
to schedule a time for an upgrade.

Call us on 07 3356 2772.

Why Industry-Specific POS Software is the Perfect Replacement for MYOB

Why Industry-Specific POS Software is the Perfect Replacement for MYOB

Posted on by Steve

When it comes to managing a business, having the right tools is essential. For years, MYOB has been a go-to accounting software for many small to medium-sized enterprises (SMEs). However, as businesses evolve, so do their needs. Enter industry-specific Point of Sale (POS) software—a tailored solution designed to meet the unique demands of various industries, offering a more comprehensive and efficient alternative to MYOB.

Understanding the Limitations of MYOB

MYOB has been a reliable choice for accounting, but it wasn’t designed with every industry in mind. While it offers general accounting functions, businesses often find themselves needing to integrate multiple tools to manage other aspects such as inventory, customer management, and sales tracking. This fragmented approach can lead to inefficiencies, data discrepancies, and increased operational costs.

The Advantages of Industry-Specific POS Software

Industry-specific POS software is developed with the particular needs of an industry in mind, offering features that are directly relevant to your business operations. Here are some key advantages:

1. Tailored Features and Functionality

Industry-specific POS systems come with built-in features that cater to your particular sector. For example:

  • Retail POS: Advanced inventory management, customer loyalty programs, and real-time sales tracking.
  • Trade Supplies POS: Complex pricing models, bulk ordering capabilities, and integration with supplier databases.
  • Servicing & Repairs POS: Appointment scheduling, client history tracking, and automated reminders.

These features are designed to streamline operations, making it easier for businesses to manage their day-to-day activities without relying on additional software.

2. Better Integration with Industry Tools

Unlike MYOB, which may require third-party integrations to work with industry-specific tools, POS software is often designed to seamlessly integrate with the tools you already use. Whether it’s connecting with e-commerce platforms, supplier management systems, or other trade-specific applications, industry-specific POS solutions provide a more cohesive and streamlined workflow.

3. Improved Data Accuracy and Reporting

Industry-specific POS software offers advanced reporting features that are tailored to your industry. This means you can easily generate reports that provide insights into critical areas of your business. For example:

  • Retail: Sales by category, inventory turnover, and customer purchasing patterns.
  • Trade Supplies: Supplier performance, bulk order tracking, and profit margins by product category.

These reports allow you to make data-driven decisions that can improve efficiency and profitability.

4. Enhanced Customer Experience

With features like personalised promotions, loyalty programs, and seamless payment processing, industry-specific POS systems enhance the customer experience. This not only helps retain existing customers but also attracts new ones, giving you a competitive edge in your industry.

Why It’s Time to Make the Switch

Switching from MYOB to an industry-specific POS system might seem daunting, but the benefits far outweigh the transition efforts. As businesses grow, the need for a more robust, industry-tailored solution becomes clear. Here’s why you should consider making the switch:

  • Scalability: As your business expands, an industry-specific POS can easily scale with you, providing additional features and integrations as needed.
  • Support and Training: An industry-specific POS provider like Foresiight offers specialised support and training, ensuring that your team can quickly adapt to the new system.
  • Future-Proofing: Technology evolves rapidly, and industry-specific POS systems are often updated to include the latest features and security enhancements, keeping your business ahead of the curve.

Conclusion

While MYOB has served many businesses well over the years, industry-specific POS software offers a more tailored, efficient, and comprehensive solution. By switching to a POS system designed for your industry, you can streamline operations, improve customer satisfaction, and ultimately drive your business forward.

It’s time to move beyond general accounting software and embrace a solution that understands the unique needs of your business. Explore Foresiight’s industry-specific POS options today and take your business to the next level.

Data Import and Export

Data Import and Export

Posted on by Foresiight

Simplify Your Stock File Updates

Many industry suppliers are now providing their business customers with monthly or quarterly electronic price file updates and promotions.  Manually updating pricing can be laborious and inaccurate, which can lead to selling items below margin or incorrectly quoting customers.

Automate your price updates and stock file changes with Data Import/Export

Using the Data Import/Export module, you can update all relevant information from the spreadsheets or text files provided by your supplier, including cost price changes, with the ability to recalculate sell prices after updating.

Data Import/Export also provides the ability to upload your entire supplier catalogue into a separate lookup catalogue. This allows you to review product pricing for special orders, and transfer a product into your main stock file with a single click when you need to sell or purchase it.  Keeping non stocked items contained in a lookup file keeps your stock file clean and simple – if you don’t sell it then you won’t need to browse through it when searching for stock items at the point of sale.

In addition to importing price files from your suppliers, the Data Import/Export module also includes a number of other useful features for importing/exporting data and applying bulk updates to your system.

FEATURES

  • Import supplier product catalogues from spreadsheet
  • Bulk updates to your Main Stock File and/or Supplier Lookup Catalogues
  • Import promotions / catalogue pricing
  • Customisable to suit many different file formats
  • Bulk update prices (Cost and Sell) by percentage or dollar
  • Bulk update selected Product properties from a spreadsheet (e.g. Product Descriptions)
  • Export your price file to a spreadsheet file for customers
  • Import from a spreadsheet/CSV into a Purchase Order

Call Foresiight on (07) 3356 2772 or email us at solutions@foresiight.com.au for information and pricing on the Data Import/Export module, or to arrange a training session.

Paperless Office – Reduce Filing, Save Time & Money

Posted on by Foresiight

Sick of filing paper documents?

It’s time to go paperless!

Why Go Paperless?

Save money by eliminating the cost of printing. Save time by retrieving documents with a single click without time spent shuffling through filing cabinets. Do your bit to help reduce your environmental footprint and reduce stationary costs.

The Paperless Office add-on provides a great way of collating information into a digital container, like a filing cabinet, that can be easily accessed and searched. Adding new information (documents) is as streamlined and effortless as it should be, and the new copy and paste support makes it easier than ever!

Paperless Office capability is integrated into various modules throughout ProfiitPlus & Alchemii. The “Paperless Office” button allows you to easily store and retrieve PDF’s, spreadsheets, images, and many other types of documents in the areas of the system you do most of your work. These areas include:

Customers

Suppliers

Purchase Invoices

Quotes / Orders / Jobs / Invoices

A/R Accounts

A/P Accounts

General Ledger Accounts

and more…

For more information on Paperless Office or to activate this module now, email us at solutions@foresiight.com.au or call us on (07) 3356 2772.

Helpful Tips for Stocktaking

Posted on by Foresiight

Here are some helpful hints and reminders to make all that counting worthwhile.

  • Ensure that all Stock Receipts (Purchase Invoices / Delivery Dockets) have been entered, if those products are to be counted.
  • The optimal time to perform a Stocktake is outside of trading hours – it’s difficult to accurately count your stock when customers are walking around your store with a basket full!
  • Remember to set your Stocktake Freeze Point before you start counting. This takes a snapshot of the current quantity On Hand for all stock at this point in time. Later, when the Generate Stocktake Adjustment Batch process is initiated, this snapshot is what is used to determine the difference between your “theoretical” On Hand quantities and your “physical” counts in order to determine the required adjustment quantities.
  • Take note of committed stock (i.e. products that are on an incomplete Invoice or Jobcard):
         • Where the stock is committed prior to being counted, the committed quantity must be added onto the count.
         • Where the stock is committed after being counted, the committed quantity must be ignored
  • Use your StockMate Device! It will save a huge amount of time and reduce errors when compared to using paper-based Stocktake Worksheets.
  • If you generate an Interim Stocktake, any products that are not counted will not be adjusted.  If you wish to bring a product back to nil on hand, you will need to enter a Stock Count of zero.
  • Make use of the List of Items Without Count report – this will be useful when stocktaking by Supplier or by Product Group.
  • Check your Stocktake Discrepancy Report – it is advantageous to run your eyes over this report to ensure counts are accurate, double-checking any high value products as well as those with a large discrepancy to be adjusted.

What is the difference between Interim and Full Stocktakes?

Interim Stocktake – will adjust only items that are counted.
Full Stocktake – will adjust all items.  Items with a quantity on hand, but no count entered, will be adjusted back to zero.

Always take a database backup before processing a Full Stocktake

StockMate

Stocktaking Steps Quick Overview

  • Set a Freeze Point before beginning the stocktake
  • Print Stocktake worksheets and record your counts, or use StockMate mobile to record your counts
  • Run the List Items without Count report to check if anything has been missed
  • Run the Stocktake Discrepancy Report to see what adjustments will be generated
  • Generate your stocktake adjustment batch
  • Print and Post the adjustments Journal

You can read our full knowledge base article on Stocktakes on the Client Portal – or call the Foresiight team to book in a training session with one of our consultants.

Are you ready for June 30?

Are you ready for June 30?

Posted on by Foresiight

Top tips for end of financial year

Our team has compiled a handy list of tasks, reports and checks to help you prepare for end of financial year.

Things you can do NOW

Review Open Documents

Now is a great time to tidy up any unfinished work. Check for open documents using the following reports.

Sales Orders & Invoicing

  • Reports | Sales in Progress | Work in Progress report – check for unfinalised invoices and jobcards.
  • Reports | Sales in Progress | Sales in Progress report – check for unfinalised sales orders/backorders.
  • Sales | Invoice & Payments Journal – check for any unposted invoices from previous days.

Stock & Purchasing

  • Receiving | Print Stock Receipts Proof list – for any unbalanced supplier invoices.
  • Receiving | Print Unposted invoices list – for any unposted supplier invoices.  

Perform a Stocktake

Most businesses will perform a full stocktake at or around end of financial year. This is necessary in order to provide your accountant with an accurate stock valuation, and to report movement in stock value from the prior year. Your StockMate mobile scanner will be a necessity at this time of year!

Run AR & AP Reconciliation Reports

The reconciliation reports will compare the movement from each module to the control account in General Ledger and display any variances.  The reconciliation reports can be found in each module under Reports | Reconciliation Reports, there are several options, single period view, month by month view and all periods from selected period.   If there are any variances between the ledgers and the GL control accounts please seek assistance.  You can contact your accountant, or book some consultancy time with one of our consultants.

Run AR & AP Sub Ledger Verification Reports

This is located in General Ledger | Reports | Reconcile to AR/AP Ledgers and ensures all batches posted from AP and AR modules have been posted successfully into the General Ledger.  
As above, if you find a discrepancy here, seek advice asap or book a consultancy session.

Run Trial Balance and ensure the movement columns balance

If a year-end close has not been performed for the previous year, there will be an imbalance in the Trail Balance columns. Your debit and credit movement columns should always balance. Where there is an imbalance between the debit and credit movement columns, this will most likely be due to an unbalanced batch. The Transaction audit report has an option to show unbalanced batches only. Seek specialist advise if this is not the case.

Check Stock Valuation matches the GL Stock Accounts

Run your Stock Valuation report and compare this to the value of stock in your Balance sheet (consolidated version). This provides two different views of the net value of your stock on hand. It is not unusual to have small differences due to timing, but generally the two numbers should remain relatively closely aligned. It’s best to check this early – don’t wait until after year end.

One reason why you might find an imbalance is if you have made manual adjustments to the Average Cost of any products throughout the year and not adjusted the General Ledger to reflect this. You may need to do some end of year journals to bring this valuation back in line. This is best done after a full stocktake, unless you have been performing regular rolling stocktakes – in which case you might do smaller monthly journals throughout the year. Contact your Accountant if you are unsure.

Catch up on your Purchase Invoices

Ensure that all Purchase Invoices and Delivery Dockets have been entered, wherever possible. Enter your stock Invoices via Stock & Purchasing and your non-stock Invoices via Accounts Payable. You’ll want to have your stock and accounts all up to date when end of year comes around.

Tasks to complete on June 30

Post all Sales Invoices and Purchase Invoices

At the close of business, post all Sales Invoices and Purchase Invoices where possible.  If your system is configured for overnight posting, ensure that you are able to take a backup after posting and before trade starts for July 1.  You can manually post in Sales Orders & Invoicing | Sales | Update Sales & Payments.

Run your AR and AP Aged Balances Reports

These reports can’t be printed retrospectively so if you need these reports for your accountant, run them now. Note that you can save them to PDF, Excel or Text file for future use. It is a good idea to be doing this on a monthly basis in case you need to refer to previous months’ reports.

Run a Stock Valuation Report

At close of business on June 30, run your Stock Valuation report and save it to PDF or Excel. Again, it is a good idea to run this report at the end of each month and save a copy.

Open the new Financial Year

To open the upcoming financial year, go to General Ledger | Periods | Open/Close Financial Periods and in the box in the lower-right corner, type in the year and click OK. This step can actually be done at any time in the lead up to the new year.

Update your AP Period

If most or all of your Purchase Invoices have been entered for June, you can now update your AP period. Note that you can still manually change the period on individual Invoices during stock receipting if you need to back-date or forward-date an Invoice. AP | Monthly | Update current AP Period.

Update your AR Period

As per your normal end of month process, you’ll want to update your AR period ready for trading the next day. AR | Monthly | Update current AR Period.

Take a Backup

It is best to take a full backup of your data as at 30 June, in case this is needed down the track.  It may also be a good time to copy to the Training system. This can be handy in the coming days if you’ve forgotten to run any reports. You can copy to training via Administration | Other | Copy to Training System.

You’re all 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, or if this is your first EOFY, you can book in a training session with a Foresiight Consultant.

Know Your Backup

Know Your Backup

Posted on by Foresiight

How well do you know your backup routine?

Many small/medium 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?

A good functioning backup allows a business to have peace of mind. It’s important to know you are protected not only when a malicious attack happens to the computer network, but also when a file is accidentally deleted or modified. A good working backup allows you to be up and running again with minimal downtime.

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 files from the most recent backup, or go back to an earlier version if required.

Backups should not remain in the same building as the data they are backing up. At least one backup should be taken off-site at all times, either by means of external drives or RDX tape backups. We recommend a minimum of two external drives/RDX Tapes in your backup rotation.

Foresiight recommends using the BackupAssist software package, but there are many other great products available and your IT Technician will likely have a recommendation. If you would like some advice on your backup solution, don’t hesitate to call us on (07) 3356 2772.

Point of Sale Equipment

Posted on by Foresiight

Looking to update your barcode scanners, docket printers, label printers or cash drawers for your point of sale terminals?

Foresiight has the solution.

We supply only quality POS equipment with proven reliability, and you can be assured of compatibility with your POS software.

Having the right gear in place can help to create a great experience for your customers and keep your business running smoothly – and it doesn’t need to cost a fortune!

For more information or a quote on any POS equipment, send us an email at solutions@foresiight.com.au or call today on 1800 061 670.

Why is accuracy so important when it comes to retail inventory management software?

Posted on by Foresiight

Accuracy is crucial when it comes to stock control for several reasons. Stock control refers to the systematic management of inventory within a business or organisation. It involves tracking, monitoring, and maintaining the accurate record of stock levels, purchases, sales, and transfers. By maintaining accurate records, businesses can ensure efficient operations, optimise resource allocation, and minimise financial losses.

The following can be achieved through the use of professional stock control software for retailers:

1. Efficient Inventory Management

One of the key benefits of accurate stock control is efficient inventory management. By accurately tracking stock levels, businesses can make informed decisions about when to replenish stock, how much to order, and where to store the products. This helps avoid overstocking or understocking, reducing unnecessary storage costs and avoiding stockouts that may result in lost sales.

2. Financial Visibility

Accurate stock control provides businesses with crucial financial information. By maintaining accurate records of purchases, sales, and transfers, organisations can accurately calculate the cost of goods sold, gross profit, and other financial metrics. This information allows businesses to monitor financial performance, identify areas of improvement, and make informed financial decisions.

3. Accurate Forecasting

Accurate stock control is essential for accurate forecasting. By analysing historical sales data and stock movements, businesses can make projections about future demand and inventory requirements. This helps businesses optimise their purchasing and distribution processes, ensuring that they have the right stock levels to meet customer demand while minimising excess inventory.

4. Regulatory Compliance

In certain industries, accurate stock control is essential for regulatory compliance. For instance, in the food and pharmaceutical industries, maintaining accurate records of stock levels, expiration dates, and batch numbers is vital to ensure product safety and meet regulatory requirements. Non-compliant stock control practices can lead to penalties, fines, and even legal action.

5. Enhanced Customer Satisfaction

Accurate stock control directly impacts customer satisfaction. When customers order products that are in stock, they receive their orders promptly. This not only enhances customer satisfaction but also improves customer retention and loyalty. On the other hand, inaccurate stock levels can result in delayed deliveries, backorders, and disappointed customers.

In conclusion, accuracy is of utmost importance when it comes to stock control. It enables efficient inventory management, financial visibility, accurate forecasting, regulatory compliance, and enhanced customer satisfaction. By prioritising accuracy in stock control practices, businesses can optimise their operations, reduce costs, and improve overall performance.


If you looking to upgrade your retail inventory management software, please consider ProfiitPlus’™️. With ProfiitPlus’™️  you can easily forecast and manage stock from anywhere in your store or warehouse with all the added benefits of Australia’s leading stock control software.

Learn more about Foresiight’s™️, flagship stock control product for retail, ProfiitPlus™️  here.

When to Upgrade your Inventory Tracking Software

Posted on by Foresiight

Inventory tracking software plays a crucial role in optimising the operational efficiency and profitability of businesses. This type of inventory management software helps smalls businesses manage their inventory levels, track the movement of goods, and make informed decisions about stock replenishment. However, like any software, inventory tracking software requires regular updates and upgrades to stay relevant and meet the needs of modern businesses. In this blog post, we will explore some key indicators that indicate it’s time to upgrade your inventory tracking software.

Lack of Scalability

As your business grows, your inventory management needs change. If you find yourself constantly encountering limitations or bottlenecks in your software’s ability to scale with your business, it’s a sign that it’s time to consider upgrading. Scaling your software allows businesses to handle increased sales volumes, manage larger inventory databases, and process large volumes of transactions without encountering performance issues.

Inability to Integrate with Other Systems

In today’s interconnected business environment, seamless integration with other systems is essential. If your inventory tracking software does not integrate with other key business tools such as customer relationship management (CRM) software or accounting software, it can cause inefficiencies and manual data entry errors. Upgrading your software to a version that offers robust integration capabilities can help streamline your operations and improve productivity.

Outdated Features

As technology evolves, so does the software landscape. If your inventory tracking software lacks modern features such as real-time stock updates, automated reorder points, or barcode scanning capabilities, it can hinder your ability to make informed decisions and stay competitive. Upgrading your software to the latest version can provide access to these advanced features, allowing you to streamline your inventory management processes and improve overall operational efficiency.

Security Concerns

Inventory tracking software contains sensitive business information and is susceptible to data breaches and cyber threats. If your software is not regularly updated with security patches or lacks advanced security features, it exposes your business to potential risks. Upgrading your software to the latest version ensures that you have the latest security measures in place to protect your data and maintain the integrity of your inventory management system.

Compliance Requirements

If your business operates in regulated industries, such as pharmaceuticals or food and beverages, compliance with industry regulations is crucial. If your inventory tracking software is not aligned with the latest compliance requirements, it can be a significant risk to your business. Upgrading your software to a version that meets regulatory requirements helps you maintain compliance and avoid costly penalties or other legal consequences.

Upgrading your inventory management software at the right time is crucial for the success and growth of your business. By identifying indicators such as scalability limitations, integration challenges, outdated features, security concerns, and compliance requirements, you can make informed decisions about when to upgrade your software. Ultimately, upgrading your software ensures that you have the necessary tools and functionalities to effectively manage your supply chain, optimise inventory levels, and drive profitability.


Foresiight’s™️  flagship software, ProfiitPlus™️, is a leading stock control software for new and established Australia businesses. ProfiitPlus™️  provides all-in-one retail stock control software to allow for streamlined business practices through times of change and growth. 

Learn more about our flagship inventory management software for Australian businesses, ProfiitPlus™️  here.

Accurate Forecasting with Retail Inventory Management Software

Posted on by Foresiight

Stock control software is a crucial tool for retail businesses to optimise their inventory levels, streamline operations, and make informed decisions when it comes to ordering and forecasting. Below we will explore the various features and functionalities of stock control software that enable businesses to optimise their ordering and forecasting processes.

Key Features of Stock Control Software for Retailers

  1. Inventory Management

Stock control software provides a centralised platform for businesses to manage their inventory levels. It enables them to track stock items, monitor stock levels, and automate reordering processes to ensure sufficient stock availability.

  1. Stock Forecasting

One of the primary benefits of stock control software is its ability to forecast stock demand. By analysing historical sales data, market trends, and other factors, the software can generate accurate forecasts for future demand. This enables businesses to plan their ordering strategies effectively and avoid overstocking or understocking.

  1. Demand-Driven Replenishment

Stock control software enables businesses to implement demand-driven replenishment strategies. By integrating with point-of-sale (POS) systems or other sales data sources, the software can continuously monitor stock levels and adjust reorder points accordingly. This ensures that businesses always have the appropriate amount of stock on hand to meet customer demand.

  1. Inventory Optimisation

Retail inventory management software offers various optimisation algorithms that help businesses optimise their inventory levels. These algorithms consider factors like demand patterns, lead times, and storage capacity to suggest the best stock levels for different items. By optimising inventory, businesses can reduce stock carrying costs and improve overall operational efficiency.

  1. Reporting and Analytics

Stock control software provides robust reporting and analytics capabilities. Businesses can generate reports to monitor key performance indicators (KPIs) such as inventory turnover, fill rate, and demand variance. These insights help businesses identify areas for improvement and make data-driven decisions to optimise their ordering and forecasting processes.

Stock control software offers numerous features and benefits that enable businesses to optimise their ordering and forecasting processes. By integrating inventory management, forecasting, and demand-driven replenishment capabilities, this software empowers businesses to make data-driven decisions and streamline their operations.

For retailers to succeed, stock control is crucial. Data-driven decision-making offers a variety of benefits, including enhanced financial performance, improved customer service, improved supply chain management, and loss prevention. In the competitive retail industry, retailers can position themselves for success by implementing effective stock control practices.


Foresiight’s™️ flagship software, ProfiitPlus™️, is a leading Retail Stock control software for Australia businesses from online to in person retail. ProfiitPlus™️ provides all-in-one retail stock control software for to allow for streamlined business practices.

Easily forecast and manage stock from anywhere in your store or warehouse using StockMate, ProfiitPlus™️’ mobile inventory management tool. Learn more about Foresiight’s™️, flagship stock control product for retail, ProfiitPlus™️ here.

Benefits of Industry Specific Inventory Tracking Software

Posted on by Foresiight

Inventory tracking management offers numerous benefits to businesses across various industries – even more so when the software is industry-specific. By implementing effective tracking techniques, businesses can gain valuable insights into their inventory levels, optimise stock levels, and improve overall efficiency. Below we will highlight some of the key benefits of industry specific inventory management software for small businesses.

  1. Accurate Inventory Forecasting

One of the primary benefits of industry specific tracking software is accurate forecasting. By analysing historical sales data, seasonal trends, and market demand, businesses can accurately predict future stock requirements. This allows for better inventory management, preventing unnecessary overselling and ensuring adequate stock levels to meet customer demand.

  1. Reduced Stockholding Costs

Overstocking can lead to increased storage costs, damaged goods, and unnecessary financial strain. By implementing industry specific stock inventory tracking management, businesses can identify slow-moving or outdated items, allowing them to make informed decisions about inventory reduction. By minimising stockholding costs, companies can improve cash flow, allocate resources more efficiently, and avoid tying up valuable capital in excess inventory.

  1. Enhanced Supply Chain Management

Effective stock inventory tracking management facilitates streamlined supply chain management. By maintaining accurate and up-to-date inventory records, businesses can collaborate with suppliers, vendors, and distributors more effectively. This allows companies to optimise their supply chain processes, minimise lead times, and improve overall supply chain efficiency. By implementing industry specific tracking techniques, businesses can also identify potential bottlenecks and proactively address them.

  1. Improved Customer Satisfaction

In today’s competitive market, customer satisfaction is key to success. Industry specific stock inventory tracking management enables businesses to provide timely and accurate product availability information to customers and prospects. By ensuring prompt order fulfillment and minimising stockouts, businesses can improve customer satisfaction and loyalty, leading to increased customer retention and repeat business.

  1. Enhanced Inventory Visibility

Industry specific stock inventory tracking management provides businesses with real-time visibility into their inventory levels. This allows managers to make informed decisions about stock replenishment, order placement, and production planning. With increased visibility, businesses can identify slow-moving inventory, expired products, or excess stock, enabling them to make informed purchasing decisions and reduce waste.

  1. Streamlined Audit and Financial Processes

Accurate stock inventory tracking management is essential for maintaining accurate financial records. By implementing industry specific tracking techniques, businesses can streamline audit processes and ensure compliance with regulatory requirements. This simplifies financial analysis and reporting, enabling businesses to make data-driven decisions and identify areas for improvement.

Inventory tracking management offers a range of benefits to businesses across various industries. From accurate forecasting and reduced stockholding costs to enhanced supply chain management and improved customer satisfaction, effective tracking techniques provide businesses with valuable insights and enable them to optimise their inventory management processes. By implementing industry specific tracking solutions, businesses can unlock the full potential of their inventory and achieve long-term success.

Small businesses in Australia benefit from ProfiitPlus™️’ inventory management software. Providing all the features you need in one easy-to-use software application, ProfiitPlus™️ is Foresiight’s™️ flagship software program for POS, customer management, accounting, and stock control. Unlike static databases, live databases update data in real time. You will always have access to the most accurate and up-to-date information, providing peace of mind as a busy small business owner.

Learn more about our flagship inventory management software for Australian businesses, ProfiitPlus™️ here.

Selling online to reach more customers

Posted on by Foresiight

Over the past few years, consumer behaviors have changed dramatically and, most likely, permanently. We are now more than ever relying on online shopping for our buying needs. A great option for businesses today is to add another sales channel to take advantage of new opportunities that exist beyond your physical location – eCommerce can help you do that.

Integrating Online and In-store Sales Channels

Having a great website is just the first step in your business’ journey to increasing revenue opportunities.  As your online store grows, it will quickly become apparent that there is a need to minimise the burden of manually maintaining stock information and sales transactions across multiple systems.

Foresiight ProfiitPlus and Alchemii business management software can be linked directly to your online store with our purpose-built eCommerce Interface module.  Automatically publish stock updates to your website including descriptions, pricing and inventory levels.  Once a customer makes a purchase online, a Web Order is automatically created in your ProfiitPlus system, ready for your staff to pack and send.

No more double handling of data – keep your inventory always up to date. And keep your customer sales history all in one place, no matter where they transacted – online or in store.

The eCommerce Interface add-on module includes a comprehensive integration with two popular eCommerce systems, Magento and Neto, giving you the freedom to choose the platform that best suits your business’ needs. Foresiight can also build custom integrations, and additional platform integrations are coming – please call us to discuss your specific requirements.

Magento is a mature eCommerce platform, used by a huge number of online businesses both in Australia and around the world. Magento is available in both enterprise and open-source versions, meaning Web designers can implement the core system and then extend its functionality by writing custom modifications or adding plugins.  A marketplace is available with an enormous number of plugins and extensions, providing popular functionality such as Payment Gateways and Shipping Extensions. Many integrations are also available for more specific features such as email marketing and social media.

The possibilities are endless with Magento, but this can come at a cost – the work involved to design and deploy a heavily customised Magento eCommerce system can be significant, so most Web Developers will tend to charge more than you might spend on some other more basic platforms. Still, this is a great solution for established businesses looking to build upon an online sales platform that allows maximum flexibility, and is based on proven and widely-supported technology.

Neto (Maropost) differs significantly from many other platforms in that it is provided entirely as a Software-as-a-Service solution, meaning the eCommerce software environment is hosted on Neto’s own servers. As a business using Neto, you pay a regular monthly subscription fee that includes the use of the platform and software updates, as well as the hosting and maintenance services.

The SaaS nature of the Neto product means that the time to get up and running can be relatively short. A variety of site templates are available “off the shelf”, providing a quick and easy way to apply some colour and an impressive look and feel to your site. Of course, a polished and professional site will require help from a specialist web designer and greater investment.

The Neto Marketplace provides a host of optional add-on features such as payment gateways, marketing, analytics and shipping integrations.  Another key Neto feature is the eBay integration, allowing you to manage your eBay listings and Orders all from within the Neto ecosystem. Both eBay Orders and Neto Orders flow through to your Foresiight system via the eCommerce Interface module, combining with your traditional in-store and phone order sales to give you true multi-channel sales capability.

Whilst the Neto platform is not quite as customisable as a system like Magento, it still has more than enough features out of the box to suit most retail and wholesale businesses, and the list of core features and add-ons is growing constantly.

More information

Whatever your business requirements, wholesale (B2B) or retail (B2C) – there is a solution to suit. But setting up your business to sell online is a project that should be approached with careful research and planning. A good way to position yourself for success is to embark upon your online sales channel almost like you would when setting up a new physical store or location.

Talk to your Foresiight Consultant today if you would like to know more about how to get the most out of your online presence.

For more information on eCommerce integration, email us at solutions@foresiight.com.au or call us on (07) 3356 2772.

Accurate Forecasting with Retail Inventory Management Software

Posted on by Foresiight

Stock control software is a crucial tool for retail businesses to optimise their inventory levels, streamline operations, and make informed decisions when it comes to ordering and forecasting. Below we will explore the various features and functionalities of stock control software that enable businesses to optimise their ordering and forecasting processes.

Key Features of Stock Control Software for Retailers

1. Inventory Management

Stock control software provides a centralised platform for businesses to manage their inventory levels. It enables them to track stock items, monitor stock levels, and automate reordering processes to ensure sufficient stock availability.

2. Stock Forecasting

One of the primary benefits of stock control software is its ability to forecast stock demand. By analysing historical sales data, market trends, and other factors, the software can generate accurate forecasts for future demand. This enables businesses to plan their ordering strategies effectively and avoid overstocking or understocking.

3. Demand-Driven Replenishment

Stock control software enables businesses to implement demand-driven replenishment strategies. By integrating with point-of-sale (POS) systems or other sales data sources, the software can continuously monitor stock levels and adjust reorder points accordingly. This ensures that businesses always have the appropriate amount of stock on hand to meet customer demand.

4. Inventory Optimisation

Retail inventory management software offers various optimisation algorithms that help businesses optimise their inventory levels. These algorithms consider factors like demand patterns, lead times, and storage capacity to suggest the best stock levels for different items. By optimising inventory, businesses can reduce stock carrying costs and improve overall operational efficiency.

5. Reporting and Analytics

Stock control software provides robust reporting and analytics capabilities. Businesses can generate reports to monitor key performance indicators (KPIs) such as inventory turnover, fill rate, and demand variance. These insights help businesses identify areas for improvement and make data-driven decisions to optimise their ordering and forecasting processes.

Stock control software offers numerous features and benefits that enable businesses to optimise their ordering and forecasting processes. By integrating inventory management, forecasting, and demand-driven replenishment capabilities, this software empowers businesses to make data-driven decisions and streamline their operations.

For retailers to succeed, stock control is crucial. Data-driven decision-making offers a variety of benefits, including enhanced financial performance, improved customer service, improved supply chain management, and loss prevention. In the competitive retail industry, retailers can position themselves for success by implementing effective stock control practices.

Foresiight’s™️  flagship software, ProfiitPlus™️, is a leading Retail Stock control software for Australian businesses from online to in person retail. ProfiitPlus™️ provides all-in-one retail stock control software to allow for streamlined business practices.  

Easily forecast and manage stock from anywhere in your store or warehouse using StockMate, ProfiitPlus’™️ mobile inventory management tool. Learn more about Foresiight’s™️, flagship stock control product for retail, ProfiitPlus™️  here.

Benefits of Industry Specific Inventory Tracking Software

Posted on by Foresiight

Inventory tracking management offers numerous benefits to businesses across various industries – even more so when the software is industry-specific. By implementing effective tracking techniques, businesses can gain valuable insights into their inventory levels, optimise stock levels, and improve overall efficiency. Below we will highlight some of the key benefits of industry specific inventory management software for small businesses.

1. Accurate Inventory Forecasting

One of the primary benefits of industry specific tracking software is accurate forecasting. By analysing historical sales data, seasonal trends, and market demand, businesses can accurately predict future stock requirements. This allows for better inventory management, preventing unnecessary overselling and ensuring adequate stock levels to meet customer demand.

2. Reduced Stockholding Costs

Overstocking can lead to increased storage costs, damaged goods, and unnecessary financial strain. By implementing industry specific stock inventory tracking management, businesses can identify slow-moving or outdated items, allowing them to make informed decisions about inventory reduction. By minimising stockholding costs, companies can improve cash flow, allocate resources more efficiently, and avoid tying up valuable capital in excess inventory.

3. Enhanced Supply Chain Management

Effective stock inventory tracking management facilitates streamlined supply chain management. By maintaining accurate and up-to-date inventory records, businesses can collaborate with suppliers, vendors, and distributors more effectively. This allows companies to optimise their supply chain processes, minimise lead times, and improve overall supply chain efficiency. By implementing industry specific tracking techniques, businesses can also identify potential bottlenecks and proactively address them.

4. Improved Customer Satisfaction

In today’s competitive market, customer satisfaction is key to success. Industry specific stock inventory tracking management enables businesses to provide timely and accurate product availability information to customers and prospects. By ensuring prompt order fulfillment and minimising stockouts, businesses can improve customer satisfaction and loyalty, leading to increased customer retention and repeat business.

5. Enhanced Inventory Visibility

Industry specific stock inventory tracking management provides businesses with real-time visibility into their inventory levels. This allows managers to make informed decisions about stock replenishment, order placement, and production planning. With increased visibility, businesses can identify slow-moving inventory, expired products, or excess stock, enabling them to make informed purchasing decisions and reduce waste.

6. Streamlined Audit and Financial Processes

Accurate stock inventory tracking management is essential for maintaining accurate financial records. By implementing industry specific tracking techniques, businesses can streamline audit processes and ensure compliance with regulatory requirements. This simplifies financial analysis and reporting, enabling businesses to make data-driven decisions and identify areas for improvement.

Inventory tracking management offers a range of benefits to businesses across various industries. From accurate forecasting and reduced stockholding costs to enhanced supply chain management and improved customer satisfaction, effective tracking techniques provide businesses with valuable insights and enable them to optimise their inventory management processes. By implementing industry specific tracking solutions, businesses can unlock the full potential of their inventory and achieve long-term success.

Small businesses in Australia benefit from ProfiitPlus’™️ inventory management software. Providing all the features you need in one easy-to-use software application, ProfiitPlus™️ is Foresiight™️’s flagship software program for POS, customer management, accounting, and stock control. Unlike static databases, live databases update data in real time. You will always have access to the most accurate and up-to-date information, providing peace of mind as a busy small business owner.

Learn more about our flagship inventory management software for Australian businesses, ProfiitPlus™️ here.

Supercharge your Stock Control with Customised Software for Retailers

Posted on by Foresiight

Stock control is a crucial aspect of retail business management, whether it be in store, online or warehouse management. Effective stock control involves the efficient management of inventory levels to ensure that retailers have the right products at the right time to meet customer demand. Below we will explore the importance of stock control software for retailers and discuss the various benefits it can bring to managing the logistics within their business.

1. Financial Benefits

Having effective stock control practices can lead to significant financial benefits for small and large retailers. By maintaining accurate inventory records, retailers can optimise their purchasing decisions, reducing overstocks and understocks. This, in turn, leads to improved cash flow and reduced carrying costs. Additionally, accurate stock control enables retailers to identify slow-moving items, allowing them to make informed choices and forecast future business decisions to better suit their target market.

2. Improved Customer Service

Effective stock control helps retailers ensure that they have sufficient stock to satisfy customer demand. By having accurate records of stock availability, retailers can proactively communicate with customers if there are any delays in fulfilling orders. This proactive approach helps to build customer satisfaction and loyalty while also avoiding unnecessary returns or disappointed customers. Additionally, stock control allows retailers to streamline their ordering process, reducing lead times and ensuring that products are always available when customers need them.

3. Enhanced Supply Chain Management

Effective stock control is vital for retailers to manage their supply chain efficiently. By having accurate inventory levels, retailers can identify potential bottlenecks or delays in their supply chain. This, in turn, improves overall operational efficiency and allows retailers to make informed decisions regarding carrying costs and even storage capacity.

4. Loss Prevention and Theft Prevention

Effective stock control helps retailers identify both theft and loss. By maintaining accurate records, retailers can detect stock discrepancies quickly. This helps them identify potential theft and take appropriate measures to prevent it.

5. Data-Driven Decision Making

Stock control provides retailers with valuable data and analytics that empower business owners to truly understand their retail business. By analysing inventory turnover rates, sales patterns, and demand forecasts, retailers can identify trends, patterns, and areas for improvement. This data-driven approach helps retailers optimise their inventory levels, adapt to changing market conditions, and make informed decisions about their product lines and marketing strategies.

Stock control plays a crucial role in the success of retailers. It offers numerous benefits, including improved financial performance, enhanced customer service, enhanced supply chain management, loss prevention, and data-driven decision making. By implementing effective stock control practices, retailers can enhance their operations, optimise their inventory levels, and position themselves for success in the competitive retail industry.

Foresiight’s™️  flagship software, ProfiitPlus™️, is your complete business management software solution for managing stock within your busy retail business. ProfiitPlus™️  provides all-in-one retail stock control software for Australian retailers.

ProfiitPlus™️  supports a range of mobile devices for transactions and reporting on the go. Easily manage stock from anywhere in your store or warehouse using StockMate, ProfiitPlus’™️ mobile inventory management tool. Learn more about Foresiight’s™️, flagship stock control product, ProfiitPlus™️  here.

Key Benefits of Inventory Management Software for Small Businesses

Posted on by Foresiight

Inventory tracking software is an essential tool for businesses of all sizes, but especially for small businesses. Within small businesses, employees tend to wear many hats, as they are spread across various sectors of the business. When it comes to customised inventory tracking and management, inventory software can streamline operations, improve efficiency, and help small businesses stay organised while minimising admin burden. Below are just some of the ways that small businesses benefit from effective inventory management.

1. Accurate Inventory Tracking

One of the most significant advantages of using inventory software for small businesses is accurate inventory tracking. By integrating inventory tracking software into their operations, small businesses can easily monitor and track the movement of products in real-time.

Manually tracking inventory can be prone to errors, such as data entry mistakes or inaccurate calculations. Within small teams, time is precious and recounting inventory can take up valuable hours. Inventory software automates this process, reducing the likelihood of errors and improving the accuracy of data. This data accuracy is crucial for small businesses as it enables them to make informed business decisions, such as forecasting future demand or optimising current inventory levels.

2. Streamlined Ordering Process

Inventory management software can also include features that enable small businesses to streamline their ordering process. The software can analyse historic sales data and suggest optimal order quantities, helping businesses avoid overstocking and save costs. Additionally, integration with e-commerce platforms allows small businesses to automate the ordering process, minimising manual tasks and errors.

3. Efficient Stock Management

Small businesses often have limited resources and storage space. Customised inventory software can be tailor made to suit your business needs to drastically improve efficiency. By identifying slow-moving or low-profit items, businesses can allocate their resources more effectively and make better informed decisions regarding inventory levels.

4. Increased Efficiency and Productivity

Implementing inventory management software can significantly enhance efficiency and productivity within a small business. By automating repetitive tasks and reducing manual errors, employees can focus on more critical tasks and improve overall productivity. Additionally, the software can provide insights into inventory trends and patterns, allowing businesses to identify areas for improvement.

Inventory management software offers numerous benefits to small businesses, including accurate tracking, improved data accuracy, streamlined ordering processes, efficient stock management, enhanced customer service, increased efficiency and productivity, and potential cost savings. By investing in inventory management software, small businesses can streamline their operations and stay ahead of the competition.

ProfiitPlus™️ is a leading inventory management software for Australian small businesses. As Foresiight’s™️ flagship software program, ProfiitPlus™️ provides you with all the features that you need for your point of sale, customer management, accounting, and stock control needs in one easy-to-use application. Live databases update real-time data, which is stored in one place. As a result, you always have access to the most up-to-date and accurate information providing you with peace of mind as a busy small business owner. Learn more about Foresiight’s™️ flagship inventory software, ProfiitPlus™️  here.

Christmas Tips for Your Business

Christmas Tips for Your Business

Posted on by Foresiight

Christmas is upon us!  Whether you are closed over Christmas or have extended trading hours, there are some important things to remember.

If you are closing over the Christmas period – shut down all unnecessary workstations and devices.

  • Unplug all devices that won’t be in use, in case the Summer storms cause power surges.
  • If you are in a low-lying area, make sure all equipment is up off the floor at a safe height in case of heavy rains.
  • Make sure your backups are working correctly and ensure you have an up to date backup to take offsite over the holiday period.

Don’t just assume your backups are ok – check, check, and check again (let us know if you need some help)!

If you have some late night trading coming up, check that any overnight processes, such as automatic posting, are scheduled outside of trading hours.

If closing up before the end of December, processing end of month will be no different to normal – this is best done on the last day before closing for the holiday.

Roll over your AR, AP, and GL periods ready for January trading.

Maintaining a healthy system

This holiday period might also be a good time to do some archiving and purging of old data from your ProfiitPlus or Alchemii system, while nobody is using the software.

Some businesses remain open over the Christmas period but are a little quieter than usual. This is a great time to do some system maintenance and tie up a few loose ends. Refer to documentation on the Support Centre for guidance, or enquire about our training sessions.

If you know you have some tidying up to do but aren’t sure where to start, or just don’t want to tackle it yourself, we can take care of it for you as part of our extended Professional Services options. Give us a call today or email solutions@foresiight.com.au for more info.

And most importantly, enjoy this wonderful time of year with family and friends!

Email Security Configuration

Posted on by Foresiight

Recently many email providers have introduced additional security requirements when it comes to using their email servers to send email from a 3rd party application. This is part of the ongoing fight against spam and unsolicited email.

In response to these changes, Foresiight has introduced support for a number of different email security options into the application. Other more subtle changes have also been made to the way that the application sends emails, to help ensure a high delivery rate and good anti-spam scores.

This article will show you a brief outline of some of the Email settings that are available. To read the full Email Setup article, please visit the Client Portal.

Email Configuration

To setup emailing through ProfiitPlus or Alchemii, navigate to Administration | System | Communications Setup | Host Email Settings

Basic Settings

Before configuring your email for the first time, or changing to a different email provider, you will need to first contact your email provider to find out their Host email settings. Often this information will be published on the email provider’s website.

In this screen you need to enter the following details:

  1. Email Host (Example smtp.telstra.com)
  2. Port (most often this will be port 25, 465 or 587)
  3. Username & Password (most email providers nowadays will require you to authenticate with user credentials in order to send outbound email – in the past this was not the case)

Additional Security Settings

If your email provider requires SSL or TLS, please select the appropriate SSL/TLS Support Type and Protocol Version. 

Support Type is based on what your provider recommends. 

Protocol version for TLS is normally TLS 1.2, and for SSL normally SSL2 or SSL3.

Please note: If you are using Microsoft 365 or Gmail you will need to generate an “app password”, which allows email to be sent from a 3rd party application. For more information on how to generate app passwords please refer to the following links.

GMAIL – https://support.google.com/a/answer/9003945?hl=en

OFFICE 365 – How to Create App Password for Office 365

More information

You can find the complete Email Setup knowledge base article on the Client Portal or call the Foresiight Help Desk for advice on Email settings.

Business Management Software: 10 Things to Look for

Posted on by Foresiight

Are you a small to medium sized Australian business? As a growing business you may be considering business management software. We recommend looking for a software solution with customisations relevant to your specific industry that will meet your unique business objectives. Check out our 6 Key Reasons You Need an Industry-Specific ERP System.

However, there are some key factors to look out for when searching for the right business management software solution.

  1. Scalability: Ensure the software can grow with your business. It should accommodate an increase in data, users, and features without major disruptions.
  2. Integration: Look for software that integrates well with your existing tools and systems or replaces legacy software to fully integrate your operating system.
  3. Features: Identify the core functionalities you need. This could include project management, CRM, HR tools, inventory management, accounting, etc. Choose software that covers most, if not all, of your requirements.
  4. User-Friendly Interface: A user-friendly interface is essential for easy adoption by your team. It should be intuitive and not require extensive training for basic use.
  5. Customisation: The ability to customise the software to suit your specific workflows and processes can be a significant advantage. Look for software that allows for customisation.
  6. Security: Robust security features are crucial to protect sensitive business and customer data. Ensure the software complies with Australian industry standards and regulations.
  7. Customer Support and Training: Check for available support resources, including customer service, online guides and training materials. A responsive support team can be invaluable when facing issues.
  8. Cost: Consider the pricing structure, whether it’s a one-time payment, subscription-based, or includes add-ons. Factor in long-term costs and scalability.
  9. Mobile Accessibility: In today’s world, having mobile access to your business management software is often a necessity. Ensure it offers mobile apps or responsive web interfaces for on-the-go access.
  10. Reviews and Reputation: Look for reviews from other businesses in your industry or size range. Consider the software’s reputation for reliability, updates, and customer satisfaction.

Taking the time to evaluate these requirements will help you find the business management software that best fits your needs and goals.

We’re Ready to Help

To chat to one of our friendly business consultants about your business and how business management software can help, call us on 1800 061 670 or use our contact form and we will be in touch.

Streamline Your Pumping and Irrigation Business

Posted on by Victoria Chambers

Do you run a pumping and irrigation business in Australia? Are you ready to take your business to the next level? Are you looking to streamline and grow your business in 2024?

The irrigation and pumping industry has changed significantly in recent years with the introduction of new innovations such as drone technology, the extreme Australian climate and the digitisation of the way that we all work.

If you’re feeling like your business operations are out of control, we can help. We work with pumping and irrigation businesses like yours throughout Australia to do just that. Our flagship business management software ProfiitPlus – featured in Irrigation Australia –  has been customised for your industry over 35 years of development.

What is Business Management Software?

The term Business Management Software can also be used interchangeably with ERP software which stands for “Enterprise Resource Planning”. The term ERP was originally coined and for big corporations but has become more mainstream so that now either ERP or business management software are applicable terms for SMEs.

Now that we’ve covered the terms, what exactly is business management software anyway?

Business management software is an all-in-one system used to manage all, or most, areas of your business. Business management software is designed to streamline, manage and integrate operations across:

  • Accounting
  • Sales
  • Inventory Management
  • Warehouse Management
  • Purchasing
  • eCommerce integration
  • Customer Service
  • Customer Relationship Management (CRM)

Does my Irrigation Business Need Business Management Software?

Is business management software a luxury or a necessity? The answer to this question really depends on whether you want your business to run efficiently and effectively. Of course, you do!

What we often find is that start up irrigation and pumping supplies business can run their businesses reasonably efficiently using different systems – for example an accounting system, a sales system and so on – only for a very limited amount of time.

Once your irrigation and pumping business starts to grow, your disparate systems will start to hold it back and it’s at this point you know that you need an integrated, all-in-one solution.

Signs that you need business management software

When we speak with owners and operations managers of irrigation and pumping supplies organisations, there are always a number of common, tell-tale signs they need centralised business management software. Do any of these apply to your irrigation business?

  1. Your business is successful. To see the most benefit of business management software on your irrigation business, you will be successful and have grown to a certain size with a level of complexity involved in your operations.
  2. You have disconnected processes. One thing preventing you from being more successful, is that your processes are disconnected. You may have a service team who are out on jobs and using parts but your stock management system doesn’t know what part they have used and therefore what or when to replenish. The two processes are completely disconnected.
  3. You use lots of spreadsheets. While spreadsheets definitely have their place, they also have their limitations. Really only designed for a few people to work on them at any one time. Any more than that and you will see data discrepancies that can cause operational issues.
  4. There’s a lot of human error. On those spreadsheets, the nature of them is that they are independent files, requiring manual data entry and therefore prone to human error.
  5. Data is out of date. When you look for key reports, you are looking at data that is already out of date making it challenging to make informed business decisions.
  6. You are time poor. All business owners are time poor, it’s a given. But if you are time poor because you are spending time on manual processes that could be automated then you are missing a real opportunity to work on your irrigation business instead of in it.

We’re Ready to Help

Foresiight has the business management software to help your irrigation business grow with industry customisations to suit.

To get started, simply get in touch with us on 1800 061 670 or using our irrigation contact form.

Does my SME business need ERP software?

Posted on by Foresiight

Whether your small or medium-sized enterprise (SME) needs Enterprise Resource Planning (ERP) software depends on various factors. ERP software can offer significant benefits to businesses of all sizes, including SME.

Wait, what exactly is ERP software?

ERP stands for Enterprise Resource Planning and is the implementation and use of software to streamline and manage business operations including accounting, stock control and point of sale (POS).  

Is ERP software right for my business?

There are some key considerations when answering the question “is ERP right for my business”. Here are some factors to consider when deciding whether your SME needs ERP software:

1. Complexity of Operations: If your business has complex and integrated processes, such as inventory (stock) management, order processing, manufacturing, and financial management, ERP software can streamline these operations and improve efficiency. This can free up your team to focus on other aspects of their role.

2. Growth Plans: If your SME is growing rapidly or you have plans for expansion, ERP software can help you scale and manage increased operational complexities. For example, ERP software can help you to manage multiple sites or locations as your business grows.

3. Data Integration: If you are struggling to integrate data from different departments and applications within your business, an ERP system can help centralise data and make it more accessible for decision-making. This increases transparency and means that you’re making informed business decisions based on accurate data.

4. Efficiency Gains: ERP systems can automate routine tasks, reduce manual data entry and human error, and improve workflow processes, leading to increased efficiency and productivity.

5. Reporting and Analytics: If you need advanced reporting and analytics capabilities to make data-driven decisions, ERP systems typically offer robust reporting tools. With Foresiight’s flagship software ProfiitPlus, you’ll benefit from reporting customised for your industry.

6. Regulatory Compliance: Some industries and businesses have strict regulatory requirements. ERP software can help you manage compliance more effectively.

7. Cost Savings: Implementing an ERP system is an investment in your business. It will result in long-term cost savings by reducing manual errors, improving inventory management, optimising resource allocation and ensuring that you keep customers happy by making sure your stock is exactly where you need it to be, to meet customer requirements.

8. Customer and Supplier Management: If you need to manage customer relationships, supply chain interactions, and vendor relationships more effectively, an ERP system like ProfiitPlus will provide you with the tools to do this.

9. Inventory Management: As mentioned above, ERP software can help you optimise inventory levels, reduce carrying costs, and ensure that you have the right products in stock when needed to get to your customers in a timely manner. This ultimately increases customer satisfaction and loyalty.

10. Access to Real-Time Information: With ProfiitPlus, you will be provided real-time data, which can help in making quick and informed decisions from anywhere that you have internet access.

11. Customisation: Over the last 35 years, we’ve customised ProfiitPlus to meet the needs of a range of industries including tools, hardware, irrigation, landscape and garden, wholesale and more.

12. Collaboration and Communication: If your business involves multiple departments or locations, ERP software can improve collaboration and communication by centralising data.

We’re here to help

If you are considering ERP software for your SME business then we’re ready to help you. Our team of business consultants have a wealth of experience supporting businesses like yours through implementation to create a more streamlined and cost-effective version of your business.

Get in touch with us today for an obligation free chat. Simply tell us a little about your business using our simple contact form and we will be in touch.

6 Key Reasons You Need an Industry-Specific ERP System

6 Key Reasons You Need an Industry-Specific ERP System

Posted on by Foresiight

In today’s rapidly evolving business landscape, staying competitive and efficient is crucial for companies across all industries. One of the key tools that can help organisations gain a competitive edge and streamline their operations is an industry-specific Enterprise Resource Planning (ERP) system. Unlike generic ERP systems, industry-specific ERP solutions are tailored to meet the unique needs and challenges of a particular sector.

In this blog post, we will explore six key reasons why your organisation should consider adopting an industry-specific ERP system.

1. Specialised Features

Industry-specific ERP systems are designed with features and functionalities that cater to the specific needs of your business. Whether you’re in irrigation, landscaping, builder’s hardware, tools, wholesale or any other sector, an industry-specific ERP system can streamline processes and improve efficiency by addressing your industry’s unique challenges.

2. Enhanced Reporting and Analytics

Industry-specific ERPs offer tailored reporting and analytics tools that help you gain better insights into your business operations. This enables data-driven decision-making, leading to improved efficiency and profitability.

3. Order Fulfilment Optimisation

An industry-specific ERP can offer specialised features for managing supply chains efficiently. This includes inventory management, demand forecasting, and order processing, all tailored to your industry’s specific needs.

4. Customer Satisfaction

Businesses that directly serve consumers or other businesses can benefit from improved customer relationship management (CRM) features in industry-specific ERP systems. These tools help you provide better service, personalised experiences, and ultimately, higher customer satisfaction.

5. Cost Reduction

Adopting an industry-specific ERP system often results in cost reduction through improved efficiency. Streamlined processes, better inventory management, and optimised resource allocation can lead to significant savings.

6. Scalability

As your business grows, so do its needs. Industry-specific ERP systems are designed to be scalable, ensuring that your software can evolve along with your organisation. This means you won’t outgrow your ERP system, and it can continue to support your operations as you expand.

Summary

Industry-specific ERP systems offer numerous advantages for organisations looking to optimise their operations and gain a competitive edge in their respective markets. By addressing the unique needs and challenges of your industry, these systems provide specialised features, enhance reporting, streamline supply chains, boost customer satisfaction, reduce costs, and scale with your business.

Foresiight ProfiitPlus delivers all of these benefits for businesses in irrigation, landscape supplies, timber & hardware and a selection of other trade supplies related industries. Check out the industries page to see how Foresiight can help your business.

Take Control of Your Stock Today

Posted on by Victoria Chambers

As a small to medium sized business, if you don’t have control of your physical inventory, you’ll likely feel as if your entire business is in chaos. You need to achieve small business stock control through effective inventory management.

What is inventory management?

Inventory management is a crucial part of supply chain management. In simple terms, it aims to have the right products in the right quantity for available for sale, at the right time. 

Why strive for small business stock control?

Taking control of your stock with effective inventory management in place, is crucial to the success of your business. Whether you are a hardware store, retailer, wholesaler, in the automotive and parts industry or in the landscape and garden industry. Whatever your business, if you’re dealing in physical inventory you need to have total control.

With effective small business stock control, you can ensure that you have the right products in the right quantity, at the right time. This applies to both your online and physical stores, wherever you need your stock to be to get it to your customers in a timely manner.

Effective inventory management will also mean that you will avoid products being sold out or funds being tied up in excess stock, impacting your businesses cashflow and bottom line. If you deal in products with a shelf-life, you’ll need to ensure that products are sold in time to avoid wastage and write-offs. And finally, storing your products costs money! You don’t want more stock taking up space in your warehouses than is needed.

Taking control of your stock means that your product supply and demand are perfectly in sync.  

What should I look for in inventory management software?

The right inventory management software will meet the needs of your business so that you achieve small business stock control. In general terms, here are some of the features and benefits that you should be looking for:

  • Seamless integration with your POS and accounting functions
  • Real time tracking of every item of inventory in your business
  • Reporting that helps you to forecast product demand
  • Elimination of production shortages resulting in unhappy customers
  • Prevention of excess stock and too many raw materials sitting in your warehouse
  • Optimisation of warehouse organisation and management, making better use of your employees’ time
  • Integration of the management of operations across multiple site locations and online and offline stores
  • Ability to manage your business operations in their entirety, from anywhere that you have internet access.

Small Business Stock Control Methods

There are multiple methods and principles for best practice that you can adopt to help you take control of your inventory. You’ll need to select the right methods to suit your business. They include:

  1. FIFO – this method ensures that products are sold in the same chronological order as they were purchased or created. This method is best for businesses that deal in products with a limited shelf-life. However, even if you don’t deal with perishable items, FIFO can save you money because the longer products sit in your warehouse, the more likely they are to get damaged.
  2. Audits – Even with great inventory management software in place, you’ll still need to carry out periodical audits of your stock. This will ensure that the products that you think you have in stock match what you actually have.
  3. ABCs – Some business find it helpful to categorise products based on their value, that is categories A,B,C where As are your big ticket products and Cs are your lower value items.

We’re here to help

We’re based in Brisbane and we’ve been helping small businesses like yours to take control of their stock for over 35 years.

To get started, simply get in touch with us on 1800 061 670 or use our small and one of or business consultants be in touch.

Foresiight System Housekeeping

Posted on by Foresiight

In order to ensure the accuracy of your data, there are a number of steps that can be followed on a regular basis to maintain your system.

Performing these simple maintenance tasks will help prevent anomalies that might arise in your stock and customer records.  This is particularly important in systems where a number of users simultaneously edit Stock Items and perform administration tasks.

Housekeeping

A number of options are available in the housekeeping list that we recommend you use to keep your ProfiitPlus/Alchemii system healthy. Note that some of these tasks are best to be run on a “quiet” system (i.e. outside of your regular business hours).

It is recommended that the first five menu options be run regularly for most businesses. Often these processes will run through without actually needing to change or refresh anything – but it’s a quick and easy way for you to ensure everything is in check.

Recalculate Committed Stock

This function will review all open (unposted) Sales Invoices and Jobcards and update the current Committed quantity for each Stock Item if needed. You can run this weekly, monthly, or just as required.

Recalculate Reserved Stock (available in v4.97 and newer)

This function will review all open Sales orders and Backorders and update the current Reserved quantity for each Stock Item. You can run this weekly, monthly, or just as required.

Recalculate On-Order Quantities

This function will review all open (unfulfilled) Purchase Orders and update the current On Order quantity for each Stock Item. It’s a good idea to run this before you generate your automated orders or enter any large Purchase Orders.

Record Current Stock Valuation

This function will take a “snapshot” of the current quantity and value of all stock on hand (for all stock locations). This can be useful for auditing purposes and is recommended to be run at the end of each month and/or the end of each financial year. Please note: run this outside of trading hours.

Recalculate Customer Balances

Customer accounts within the Accounts Receivable module contain detailed information about invoices, credits, payments, and all other transactions on that account. In other areas of the system, a much simpler account balance “sum” is used to quickly and efficiently display just the current total outstanding balance of the account. Occasionally this can become out of sync with Accounts Receivable and needs to be refreshed.

This function is used to update any Customer account balances that have become out of sync. It is recommended to use this each month before your statement run.

Additional Housekeeping

Note: The next two processes would be used rarely, if at all, on most systems.

Data Compactor

Compacting data reduces the complexity of stored information. We highly recommend that you backup your data before running this process!

Re-Build Indices

This function re-builds the indexes of a selected table or all tables in the database. This is not normally required as part of your regular maintenance. Please speak to your Foresiight support consultant before running this process!

Please Note: Data Compactor and Re-build Indices don’t need to be performed as part of normal maintenance. Only use these facilities where absolutely necessary or if instructed to by your Support Consultant.

What else can I do?

There are a range of other functions that can help with maintaining a healthy system and a healthy business.

Stock Maintenance

For example, take a look at the following reports under the Stock menu in the Administration module and consider if this should be part of your regular maintenance routine:

  • Stock Exception Report
  • Negative Stock On Hand Report
  • Cross-references Exception Report

Archiving & Purging

Archiving or purging old and disused data is an important part of keeping your system in good shape and performing well. This is particularly important when your business has been running on the system for many years.

Check out this post for more information: Archiving & Purging

Ask Us How

Every business is unique and uses the system in different ways. In some cases these processes should be run every week, for others monthly is fine or simply ad-hoc when required. Please speak to your Foresiight support consultant for some general advice, or book in a Consultancy session with one of our specialists for advice specific to your business.

Flourishing Flowers, Flourishing Businesses

Flourishing Flowers, Flourishing Businesses

Posted on by Victoria Chambers

What’s more beautiful than a flower? Flowers come in a wide range of sizes, shapes, and colours, and each one has its own special meaning behind it. Whether you realise it or not, flowers are a huge part of our culture and our society.

From those businesses who help send them out into the world like florists, to landscape and garden supplies businesses, to those who receive them on birthdays, Valentine’s Day, or any other special occasion, the give and take of flowers is also an important part of our culture and economy. Foresiight’s business management software solutions are customised for the landscape and garden supply industry and we can help make your business bloom the same way your flowers do.

Foresiight has been providing our business management software solutions to businesses all over Australia for more than 35 years. Whether it’s Alchemii for pharmacies, the highly customisable Liinc, or our flagship business management software ProfiitPlus, we help you grow your business no matter your industry. If you need help with accounting, inventory, point of sale (POS) systems, or you need small business online store integration, we’re the perfect choice to help you grow.

The Importance of Growth

It takes more than just water to grow beautiful flowers. You also need fertiliser, sunlight, and the right know-how. What if you give them too much sun? Or too much water? You need to know the right amount of everything that your flowers need or else you might end up giving them too much of something. Dead flowers are of virtually no use to anyone.

It’s the same with growing a business, you need to use just the right touch every step of the way.

It begins at the point of sale (POS). POS comprises of hardware and software, cash registers taking in physical money or processing online transactions and recording the details. If they’re not fully compatible then the smallest details can be off and grow into a big problem. With every flower or plant that gets sold, or job that gets booked in, your landscape and garden supplies business POS system needs to be in perfect harmony to make sure that mistakes don’t get made.

Keep on Growing

Like planting a seed, planting the right POS system in your business is just the beginning of things. Just as a growing flower might need to be trimmed, repotted, or moved somewhere with better sunlight, so too does a business need to make sure it has enough space to grow and no dead weight holding it back.

ProfiitPlus from Foresiight is the customised solution you need. With its constantly accurate accounting system, you’ll avoid any doubt as to whether your books are perfectly balanced or not. With its automatic inventory purchasing, you’ll never spend money overstocking yourself on a product that you don’t really need, nor will you ever find your shelves empty or your customers deprived of those most vital and popular products. 

Bright Flowers, a Brighter Future for Your Business

It doesn’t matter if your small business is in the flower industry or not. Either way Foresiight has the business management software that can help your company grow and blossom all the same with a range of industry customisations.

To get started, simply get in touch with us on 1800 061 670 or using our contact form.

Helping Irrigation Businesses Survive Heat Waves

Posted on by Victoria Chambers

Australia isn’t just a sunburnt country, it’s the sunburnt country. Our summers are scorching, and unfortunately things just keep on getting hotter year after year. There is perhaps no one this affects worse than our farmers, but that means that those who help them are almost as badly affected. This includes Australia’s irrigation supplies businesses. But don’t worry, if this is you, we’re here to help.

For more than 35 years now, Foresiight has been providing leading Australian business management software. While we have several specialised business management software solutions, our flagship product ProfiitPlus is the perfect option for irrigation supplies businesses looking to streamline their business and survive Australia’s scorching summers. Here’s how we can help.

The Problem with Summer

With summer on the way, temperatures across the country are on the rise. When soil and air temperatures exceed a certain threshold, it can damage plants. Those growing our nation’s crops need a little extra hand keeping them irrigated to prevent this from happening, and that’s when they’ll turn to businesses like yours for help.

Suddenly your business is booming, and Australia’s irrigation suppliers are in demand. You need to keep up with the change in business, because if you falter, yours isn’t the only business that suffers. When you take a hit, so do your customers.

A Business Management Software Solution

If you’re in the business of irrigation supplies, business management software is the answer to your summer woes. Keep up with the drastic increase in sales with ProfiitPlus’ fully integrated Point of Sale (POS) hardware and software.

Never fall behind on stock as your new centralised system has your POS telling your inventory tracking to update after each sale, which then automatically orders new stock for your business the second that it detects you’re running low on vital products. As all this is going on, your business management software takes all this information and makes sure that your accounting info is updated accordingly too. With ProfiitPlus, nothing ever falls behind, and neither does your business.

A Better Business Every Season

When summer finally comes to an end and things become a little bit easier to manage on your own, that doesn’t mean you no longer need business management software. Far from it, as ProfiitPlus makes sure that your business is optimised all year round, through the busy times and the quiet times.

With every sale your business makes, ProfiitPlus captures relevant sales data and then puts it to good use. With its Customer Relationship Management (CRM) functionality, ProfiitPlus makes it easy to stay in touch with your customers and keep them engaged with your organisation. Build eye-catching newsletters and memorable marketing campaigns and promotions that keep your customers thinking about your store and make sure that they come back to visit you the next time they need some new irrigation supplies.

Summer is Right Around the Corner!

Don’t wait for things to get out of hand before you think about getting business management software. Preparation is key to avoiding any catastrophe, so ensure you’re prepared for the summer slam with Foresiight and ProfiitPlus.

As featured in the Irrigation Australian Journal, ProfiitPlus, has been customised to meet the unique needs of your industry. For any questions about Foresiight, our flagship business management software ProfiitPlus, or how we support Australian irrigation businesses like yours, please don’t hesitate to get in touch with us today. Speak to one of our friendly and helpful team members by giving us a call on 1800 061 670 or use our contact form for irrigation businesses like yours and we will be in touch.

Beautifying Your Business with Business Management Software

Posted on by Foresiight

A full service landscape yard handles an incredible variety of tasks to remain competitive. There are manufacturing processes, maintenance bookings, product ordering and delivery and so much more. It’s a complex business and often the operational aspects of business can take away a business owner’s focus from strategic growth.

With business management software your landscaping company, the operational side of your business is taken care of. Meaning that you can focus on growth and your landscape yard can really bloom, pun very much intended.

Foresiight has been helping landscape yards across Australia for more than 35 years now. Whether your landscape yard has a few employees, a few dozen, or even a few hundred, with Foresiight’s flagship business management software ProfiitPlus, you can root out the weeds to really beautify your business.

Weed Out Your Accounting

Making sure your accounting books, records, or ledgers are always perfectly balanced is key to ensuring a landscaping business, or any business for that matter, successful. One little mistake, a decimal in the wrong place or forgetting to carry the one, and a simple typo can throw everything else into disarray. Not to mention the time it takes to find and fix the initial error.

With ProfiitPlus, you don’t need to worry about any of that. Our business management software handles all your accounting needs for you. With only minimal human input needed to get started, you can rest assured your accounts will always be balanced, accurately, automatically, and efficiently.

Sow Your Stock Management

Landscape yards have larger inventory pools than some other kinds of businesses. Lumber, soil, saplings, tools, and so much more, all going in and out of your doors in the blink of an eye. It’s a lot to keep track of.

Not with ProfiitPlus. ProfiitPlus automatically handles your inventory too. It updates your stock records whenever a sale is made, and it can order more for you when it detects you’re running low on something.

Plant Your Point of Sale

Landscape yard POS (Point of Sale) comes with both hardware and software components. That means you need to make sure each is compatible with the other to ensure things run smoothly.

When you get ProfiitPlus, you don’t just get the POS software, we’ll send you the hardware too, so you know they’ll always work in harmony. We also rigorously test each piece of equipment to ensure it’s up to our high standards before sending it out.

Cultivate Your Customers

The most important part of growing any business is growing your customer base. A friendly customer service attitude is a great start, but in the digital age there’s more you need to be doing.

With ProfiitPlus’ customer relationship management functionality, you can stay in touch with your customers by easily crafting memorable marketing campaigns and promotions that keep them coming back to you for their landscaping needs.

Fix Up Your Forecasting

ProfiitPlus collects and analyses data with each function it performs. This lets it make incredible, accurate, and above all, helpful predictions when it comes to running your business. Never been surprised again when the rainclouds of a business slump appear on the horizon. With ProfiitPlus you’ll always be prepared.

Blossom with Business Management Software

All you need to do is get in touch with Foresiight today. Simply call us on 1800 061 670 or use our landscape yard contact form and a member of our support team will be in touch.

Supporting the Great Outdoors with Landscape Yard Business Management Software

Supporting the Great Outdoors with Landscape Yard Business Management Software

Posted on by Victoria Chambers

It never stops being a strange feeling, being cold in Australia. Wearing your jumper in this sunburnt country, even when it makes you comfortable it’s just never completely right, is it? But even without snow, the reality is winter is here, and though it’s already getting warmer outside, we’re still a few months away from the great Australia summer that we’re famous for.

Those of us lucky enough to work outside have no doubt been feeling the slump in business, the same one that comes every winter. That might all be about to change, but the impending rush will come with its own stress if you’re not forward thinking and fully prepared. All over the country smart people are already planning their big, outdoor, summer projects, and prepared landscaping yards are getting ready to meet them.

Landscape Yard Business Management Software

Foresiight has been helping landscaping business owners like you be ready and stay on top of their game for more than 35 years now. Based in Brisbane, and servicing companies all over Australia, we’re ready for summer and we can make sure that you are too thanks to our flagship business management software, ProfiitPlus. If you’re in the landscape & garden supplies industry, landscape yard business management software will make sure you’re prepared for the future. Here’s how.

This Winter

Like we said, odds are things have been a bit quieter than usual around your landscape yard this winter. That’s normal. And maybe they haven’t, that’s awesome! Either way, now is the best time for you to be looking at how to ensure that things don’t stay quiet. Regardless whether you’ve asked yourself the question of how to make things better, the answer is business management software. 

Whether self-run, a small business, or a larger organisation, ProfiitPlus handles accounting, inventory, ordering, point of sale systems, and even more. It’s everything you need to run your business and to make sure that when the busy times come that you’re not weighed down by a bigger load than you need to be.

Enter Summer

Once the weather starts to heat up, Aussies will look to their local landscape yard business to improve their outdoor spaces for the long, hot summer to come. When the sales start picking up, you’ll need to be prepared to handle everything as efficiently as possible with no mistakes.

A forward-thinking business has landscape yard business management software to make sure they stay on top. Point of sale? With ProfiitPlus your hardware and software are guaranteed to be fully integrated. Accounting? Your numbers will automatically be recorded after each sale. Inventory? Our landscape yard business management software orders new products for you when it detects you are running low, making sure your yard is always fully stocked!

Next Winter

Time goes on, and sooner or later things will quiet down again. You’ve got business management software, so that means you’re fully prepared this time, right? Nope. Any business owner knows the game never ends. Now’s the time to keep your customers engaged so when their needs arise again, you’re ready to be by their side. With ProfiitPlus’ customer relationship management functionality, you can craft epic marketing campaigns to ensure that when they need landscaping services again, they call you first.

Right Now

To get your landscape yard ready, for both the busy times and the quiet ones, make sure you have ProfiitPlus landscape yard business management software. Simply get in touch with Foresiight today to get started by calling 1800 061 670 or use the easy contact form on our landscape supplies page.

Foresiight: Rug Up for Winter

Posted on by Victoria Chambers

It’s cold and it’s only going to get colder, folks. Australia is a country known for its magnificent summers and equally beautiful beaches. It’s not much of a surprise then when you realise that means people go out less often during winter, and that can mean a drop in performance for your small business. It’s nobody’s fault, it’s just an unfortunate reality that people like to stay indoors where it’s warm rather than go out to have fun or do some shopping.

It doesn’t end there. That stay indoors mentality carries over to online businesses too. Sure, so many businesses operate online these days, some don’t even have a physical location, but that doesn’t mean that online businesses aren’t also feeling the winter pinch.

Now is the time when you should be doing everything you can to make sure that your business remains thriving, and business management software from Foresiight can help you do just that. Foresiight has the solution to your business’ winter blues, and with our leading and customisable business management software. Brisbane based ourselves, we know just as well as you do the kinds of challenges you’ll face in the next few months, and that’s why we’re here to help.

Winter Woes?

When it comes to Australia’s winter slump, some businesses have an even harder time than others. Consider those which operate primarily outdoors. A landscape yard’s POS (Point of Sale) system, for example, is going to see a lot less traction during the colder months for the simple fact that people want to spend less time outdoors.

So when customers do come through your landscape yard, or other small business, or purchase via your website, it’s important to get things exactly right. You can’t risk telling a customer that you still have a product in stock when you’ve just sold out or forget to reward them with a discount. You need everything operating with peak precision, and for that to occur, first you need business management software.

A True Winter Wonderland

When the winter crunch hits your business, the best way that you can be prepared is with business management software by your side. ProfiitPlus from Foresiight does everything you could possibly need it to, regardless if you’re trying to get people to come through your doors or visit your website. And if you’re trying to do both, then that’s no problem either!

ProfiitPlus is centralised. That means that each activity it performs for your business communicates with every other activity. Every sale is recorded by its Point of Sale (POS) functionality which then updates your financial and inventory records to ensure that all your numbers add up one hundred percent correctly.

ProfiitPlus is automatic. That means all you need to do to get it started is switch it on, and suddenly your whole business is up and running. Ultimately, what this really means is efficiency. It means saving you valuable time. Finally, it means that you now have the focus you need to run your business properly, to stay on the top of your game during the dreary winter months and do whatever it takes to keep your customers coming back to your business. Maybe use ProfiitPlus’ Customer Relationship Management module to draw them in with a spectacular promotional campaign?

Warm your Business this Winter

Don’t let winter get you down. Whether you’re looking for a landscape yard POS solution, online store integration or you want to have a chat about customising ProfiitPlus for your business, give Foresiight a call today on 1800 061 670, use our contact form or our online chat, to get in touch.

Australia’s Business Management Software Solution

Posted on by Victoria Chambers

Australians are well known as battlers. We don’t give up, we love an underdog, and we’re not afraid to bite off more than we can chew. It’s no wonder then that when it comes to small businesses, Australia has so many. Running a small business is no small challenge, but we’re a country that’s up to the task.

Foresiight has been helping Australian small business owners like you to grow and succeed for more than 35 years now, all thanks to our business management software solutions. Based in Brisbane ourselves, we know exactly what separates Australian small business and we put that knowledge to use helping our clients get ahead.

It doesn’t matter what kind of small business it is that you own, we can help you out. Our offerings include Alchemii for pharmacies, the highly customisable Liinc, and our flagship product, ProfiitPlus. Our products cover everything an Australian small business could possibly need, and helps make running things quicker, easier, and cheaper too. It’s no surprise then that so many companies are turning to Foresiight as one of the providers of the best business management software in Australia.

What Separates Aussie Businesses from the Rest?

We’re known as a friendly and hospitable nation, with mateship being a quality we admire. When it comes to small business, we appreciate a similar informal and friendly approach to how business gets done. Generally, as small business owners, if we treat our clients as we would treat our friends, we are rewarded with their loyalty and repeat business. When we don’t, our customers may just take their business elsewhere.

Whether you run your small business in the city or in a small rural town, when you treat your customers the right way you’re sure to see the same, familiar faces again and again. Ask any business owner – repeat customers are paramount to making a business successful and then keeping it on top.

Finally, what’s more Australian than a fair go? The overlap with friendliness and loyalty is clear… be fair to your clients and you’ll not only win their respect, but their business.

Foresiight’s Solution to help you Stand Out

The functionality of ProfiitPlus, with its industry customisation can help you stand out from your competitors.

With its Customer Relationship Management (CRM) functionality, ProfiitPlus captures all relevant customer information at the point of sale which you can then use to build customer communications like newsletters, marketing campaigns, and other promotional materials. Show your customers that they matter to you, that you remember each and every one of them when you reach out to contact them. No more sending out generic materials that just get deleted or tossed away. Create a friendly face for your company that customers will recognise and respect.

But ProfiitPlus does so much more than just that. With its POS functionality communicating not only with its CRM, but also its accounting, ordering, and inventory records, everything will always be timely, efficient, and accurate. Ultimately, that means everything will be fair. Whether it’s an error in a landscape yard’s finances or a hardware store’s stock software, you can say goodbye to these tiny mistakes, little human errors, flowing on to affect your customers and causing them grief.

What are you Waiting For?

To get started with Foresiight, all you need to do is give us call us on 1800 061 670 or use our simple contact form and a friendly member of our team will reach out to see how we can help you.

Foresiight Client Portal

Posted on by Danny

The Foresiight Client Portal contains a wealth of information including the latest Release Notes, over one hundred User Guides, and more.

It’s also a great way to track your Support tickets or log a work request for consultancy, training, or software customisations.

Click here to access the client portal and don’t forget to bookmark the website link.

To request your login credentials, please call support on
(07) 3356 2772 or email us using the link below.

Email Us

Speed Up your Sales with Business Management Software

Posted on by Victoria Chambers

As we welcome in another new financial year, looking back on the past twelve months you probably see the times when your business thrived, and you can also pick out a few moments where things could’ve gone better. Looking to the year ahead, you must be asking yourself: “How can I do even better this time?” Foresiight is here to provide you with the answer.

We have been supporting small to medium sized Australian businesses for more than 35 years now with our business management software solutions. Based in Queensland ourselves, we know how to best help Australian small businesses like yours succeed.

Whether your business is run through a physical, in-person location, or if your sales are done entirely over the internet through an online store, business management software is the key to speeding up your sales to reach a higher level of success. Here’s how our business management software solutions including our flagship product ProfiitPlus can improve your sales.

How Things Used to Look

To keep things simple, let’s look at a single business as a case study. Here’s how a hardware store POS (Point of Sale) system might have used to run, and how a lack of efficiency in sales can drag down other aspects of running your own business.

Every time that this hardware store makes a sale, regardless of whether it’s in person or online, that sale needs to be processed. A big sale, like a load of timber and an assortment of fasteners for a big job takes a lot of time. Even smaller sales like a single hammer needs processing. It all adds up to a lot of work that needs to be done. Calculating the customer’s expenses, any sales discounts they might get, GST, it all just takes so long.

But that’s not all. Once that sales data is recorded, it’s still not finished. That data needs to be used to update the store’s inventory levels and accounting books. And if the customer’s data isn’t collected as well, then when it comes time to send out promotional materials then the store is doing so blindly. It doesn’t all need to be like this though; there is a better way.

How it Could Look with Business Management Software

Queensland hardware stores, or any business for that matter, can do better with business management software. With ProfiitPlus, the hardware store that we mentioned now has a POS system that operates automatically, and when their sales system works quickly so does everything else. Now the store’s inventory records and accounting books are updated automatically, immediately, and 100% correctly every time a sale is made.

But it gets even better, because that business management software is also retaining customer data that the business owner is then using to build effective and memorable marketing campaigns. Their messages are now going out to the people who will respond to them the most. With speedy sales the whole business starts to do better.

Ready, Set, Go!

Get started today and be ready for the new financial year. Simply give Foresiight a call today on 1800 061 670 or use our contact form, to tell us about your business and a member of our team will be in touch.

Helping Small Businesses with Big Jobs

Posted on by Victoria Chambers

Are you just starting out by opening your very first small business? Or maybe you’ve been operating your company for a while already? Either way, you, like all Australian small business owners, probably know that even a small business can have big problems that it needs to overcome.

Foresiight has been helping small business owners like you tackle these problems with our business management software solutions for more than 35 years. From small business stock control, accounting, inventory, Customer Relationship Management (CRMs), Point of Sale, staff management, and more, there’s virtually nothing our software can’t help you do. We can provide the solution that you’re looking for no matter what industry it is that you’re in.

Running a small business consists of dozens of smaller, everyday tasks that add up to the big job of keeping your company open, successful, and on top of its game. It’s no surprise that even if just one little thing goes wrong that a single problem can spread until your whole business suffers. Little problems can quickly grow into big ones, but with our business management software that’s something that you’ll never have to worry about.

Small Business Struggles

Consider a small landscape yard business. It might only have a few employees, but still, think of the size of the jobs that it has each and every day. The sheer number of products and inventory that it needs to have on hand, from tons of soil to equal amounts of stone and lumber, and many others. The cost of the jobs that the company does for its customers is an important consideration. It becomes easy to imagine: a miscalculation in the amount of inventory or a decimal point in the wrong place, and one little problem cascades out until it affects the whole business. Client trust can be lost, unexpected debts can appear, and even just the effort of finding and fixing the initial problem is going to take up time and money that the business just doesn’t have. With ProfiitPlus, that landscape yard’s business software can keep the initial problem from occurring in the first place.

Big Business Software Solutions

With ProfiitPlus, we help you to avoid the small problems so there’s no chance of them ever growing into big ones. ProfiitPlus runs everything as efficiently and automatically possible, meaning only minimal input is needed from you to get started and that everything is done with perfect accuracy. Every sale will automatically update your inventory records and your accounting books, that way there will never be any mistakes that risk spiralling out of control.

But ProfiitPlus does even more than just preventing mistakes. It also captures all sales data necessary to build amazing marketing campaigns with its CRM functionality which you can use to get your customers coming back again and again. No matter what industry it is that you’re in, we have the solution before you even have the problem.

Get Started Before You Need To!

Whether you’re worried about small business stock control, accounting, POS, staffing, or something else, the best way to solve a problem is to make sure that it never even happens. Get started now by calling Foresiight on 1800 061 670 or by using the easy contact form and a friendly member of our business team will be in touch.  

EOFY Hardware Deals!

Posted on by Danny

Don’t miss out on our End-of-Financial-Year Sale! 
As the financial year draws to a close, it’s the perfect time to upgrade and save on your hardware equipment.
Sale ends 30th June!

Touchscreen POS Workstation

  • Innovative, sophisticated, and flexible; the 200 Series POS Terminal is the new standard in POS technology
  • Display: 15 inch LED touch screen panel (1024×768)
  • Windows 10
  • Warranty: 3 Years RTB
Buy Now

NEXA Docket Printer

  • NEXA 80MM Thermal Receipt Printer USB/Serial/Ethernet
  • Color : Black
  • High performance thermal printer that is ideal for POS receipt printing in retail environments
  • Warranty: 2 Years RTB
Buy Now

Wireless Barcode Scanner

  • Flexible, high performance scanner that will improve productivity
  • Reads all common barcode types
  • Includes a cradle and can communicate to the cradle from up to 150 metres
  • Alternately also has a Bluetooth connection, and can pair directly to laptop computers (range is 10m in Bluetooth mode)
  • Warranty: 3 Years RTB
Buy Now

Boost Your Hardware Store’s Efficiency with integrated POS system

Posted on by Victoria Chambers

In the fast-paced world of hardware retail, staying ahead of the competition requires efficient management of inventory, sales, and operations. A reliable point of sale (POS) system can streamline these processes, allowing you to provide quality service to your customers. In this article, we will explore the benefits of implementing an integrated POS solution, the importance of work order management, the significance of setting reorder points, and the advantages of adopting an omnichannel approach.

The Power of integrated POS

Running a hardware store often means being constantly on the move. With an integrated POS system like ProfiitPlus, you can manage your store’s operations from any device, ensuring that you always have a pulse on how things are going. With ProfiitPlus, whether you’re on the sales floor or attending a trade show, access real-time data, monitor inventory levels, and track sales seamlessly. Say goodbye to being tied down to a physical terminal and embrace freedom and flexibility instead.

Efficient Work Order Management

Efficiently managing work orders is crucial for hardware store owners looking to provide reliable services to their customers. A robust POS system allows you to create, attach, and track work orders from beginning to completion. By organising work orders and associating them with specific customers, you can ensure that tasks are completed promptly and accurately. Whether it’s repairing a tool or assembling a custom order, a well-organised work order system will keep your customers loyal.

Optimise Inventory with Reorder Points

Running out of popular items can lead to missed sales opportunities and dissatisfied customers. Automatic reorder ensures that you never run out of in-demand items. By setting reorder points for your inventory, you can rest easy knowing that your store will always be well-stocked. Stay ahead of customer demands and keep their satisfaction levels high by optimising your inventory management.

Embrace the Omnichannel Approach

In today’s digital age, integrating your brick-and-mortar store with an online presence is crucial for maximising sales opportunities. An omnichannel approach allows you to seamlessly merge your physical and online shops, creating a cohesive shopping experience for your customers.

Enhance Customer Service with Integrated Customer Relationship Management (CRM)

Delivering exceptional customer service is paramount in the hardware retail industry. A POS system with integrated customer relationship management (CRM) capabilities can provide valuable insights into your customers’ preferences and purchasing history. By understanding your customers better, you can tailor your offerings, provide personalised recommendations, and foster long-term loyalty. The ability to access customer information at the point of sale empowers your team to provide a more personalised and engaging shopping experience.

Simplify Accounting and Reporting

Managing finances and generating reports can be time-consuming and prone to human error without the right tools in place. An integrated POS system customised for hardware stores, simplifies accounting tasks by automating processes such as sales tracking, expense management, and tax calculations. Accurate and detailed reports on sales, inventory, and financial performance offer valuable insights into your hardware store’s operations, allowing you to make data-driven decisions. With streamlined accounting and reporting, you can focus on growing your business instead of looking after your books!

The Future of Hardware Store Management

The hardware retail industry is constantly evolving, and staying ahead of the curve is essential for success. By leveraging the power of a reliable integrated POS system, you can optimise your hardware store’s operations, enhance customer service, and boost sales.

Further Information

Find out more about how ProfiitPlus can help you grow your hardware business from our team. Simply complete our online form and we’ll be in touch.

End of Year Stock Take Made Easy

End of Year Stock Take Made Easy

Posted on by Victoria Chambers

Every business dealing with physical inventory faces the challenge of managing and maintaining accurate records. Whether you’re a hardware store, a landscape yard, an online retailer or anything in between. An end of year stock take is a crucial process that helps keep your inventory records up to date and helps you to make informed decisions for the upcoming year. The right business management software, like ProfiitPlus, is a game-changer in helping businesses like yours to streamline their inventory management process, including the end of year stock take. Let’s take a  look at how business management software helps.

1. Real-Time Inventory Tracking

Full and Seamless Integration

One of the primary benefits of using business management software is its ability to provide full and seamless integration across all areas of your business in real-time. As stock levels change due to purchases, sales, and returns, the software automatically updates the inventory records. This real-time tracking ensures that the end of year stock take is more accurate and up-to-date, reducing the likelihood of discrepancies and errors.

Better Identification of Products

Business management software helps to better identify and track products using various methods such as SKU numbers, serial numbers, and lot numbers. These identification codes optimise inventory organisation and help track the movement of products throughout the supply chain.

Mobility

Some things should not be done sitting behind a computer screen. Mobile applications, like Foresiight’s StockMate, enable your staff to spend more time in front of customers. They’ll also make stock take time much less daunting, enabling fast & efficient counting with via a WiFi connection direct to your stock system.

2. Improved Decision Making

Access to Historical Data

Business management software provides accurate historical data, which is essential for making informed decisions during your end of year stock take. By analysing past sales trends, purchasing patterns, and seasonal fluctuations, businesses can make more accurate forecasts and plan your inventory levels for the upcoming year accordingly.

Enhanced Reporting

ProfiitPlus offers a wide range of customisable reporting options that can provide valuable insights into your inventory performance throughout the year. Reporting will help you identify slow-moving or obsolete items, allowing you to take appropriate action during the end of year stock take.

3. Enhanced Customer Service

Accurate and efficient end of year stock takes can contribute significantly to enhancing customer service. By maintaining accurate inventory records and making informed decisions on stock levels, your business can better meet customer demands, minimise stockouts, and reduce lead times. ProfiifPlus also provides valuable customer insights through reporting, allowing you to tailor your inventory strategies to cater to your customers’ needs more effectively.

4. Increased Automation

ProfiitPlus will automate many inventory management tasks, making the end of year stock take process more efficient and less prone to errors. For example, updating pricing across all selling channels or automating purchase orders can save time and reduce the likelihood of human errors. Automation also helps in streamlining the stock take process, ensuring that the end of year stock take is completed more quickly and accurately.

5. Integration with Other Business Functions

Efficient business management software is designed to integrate seamlessly with other business functions such as accounting, warehousing and POS. This integration ensures that all relevant information is readily available and up-to-date during the end of year stock take. For example, integrating accounting will help your business to generate accurate financial reports based on your inventory valuation, while integration with warehousing can assist in optimising storage space and stock rotation.

6. Scalability and Flexibility

As a business grows, its inventory management needs may change and evolve. Business software offers scalability and flexibility, allowing your business to adapt your inventory management strategies as they expand. This adaptability ensures that the end of year stock take process remains efficient and effective, even as the business grows and faces new challenges.

7. Reducing Manual Processes

Manual inventory management processes, such as using spreadsheets or paper-based systems, can be time-consuming and prone to errors. ProfiitPlus reduces the reliance on manual processes, making the end of year stock take faster, more accurate, and less labour-intensive. This reduction in manual processes also helps to minimise human errors, leading to more precise inventory records.

8. Streamlined Communication and Collaboration

Effective communication and collaboration are essential during the end of year stock take process. Business management software facilitates communication between different departments, ensuring that your teams are on the same page and have access to the most up-to-date information.

Find out more

If you’re going through the pain of end of year stock take and looking for ways to make next year run more smoothly, get in touch with the Foresiight team today. Our ProfiitPlus software is affordable and we can have you up and running in no time.

ProfiitPlus & Alchemii v4.98 Feature Highlights

ProfiitPlus & Alchemii v4.98 Feature Highlights

Posted on by Foresiight
Version 4.98 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.

Bin/Shelf Location Management

In a previous version, we added a screen for maintenance of Bin/Shelf Location codes and names. This facility has now been extended to:

  • Include a “keyword” search for easier selection from a large list of Shelf Locations
  • Add (optional) dimension fields for each Shelf Location (Length / Width / Depth, and the resulting volume)
  • Allow the use of characters including the period (dot) character in the Shelf Code

Stock Maintenance

There is an existing feature in the stock system where a series of attributes such as shape, size, colours can be defined and used with Variant Item types. It has now been extended so it can also be used with standard Stock Items and Ratio Items.

A new housekeeping feature is now available to recalculate/update the current Reserved quantities for all Stock Items (i.e. the quantity currently on open Sales Orders / Backorders). This is accessed via Administration | System | Housekeeping | Recalculate Reserved Stock.

When the Display Item Details screen is first opened, it now responds more quickly by pre-loading data in the background. This will be particularly evident on systems with a lot of Stock Items.  Additionally, this screen now automatically saves and restores the user’s preferred form size and grid column widths each time it is opened.

eCommerce

Additional Stock Item details including Major Group, Product Group, Sub Group, and Attributes are now included in the Magento stock file integration.

A new feature has also been added to export all Stock Item images, for import into Magento.

Sales Orders Deposits

Deposits can now be applied to a Sales Backorder in the same manner as a Sales Order. Previously paid deposits can also be refunded off a Backorder by using the “Deposit” button and applying a negative amount. Backorder deposits will be included on the Deposits Held report. 

Compliance and Reporting

The system contains a Non-compliance Log, that records various non-compliant activities from the Cash Register module. This facility has been extended to also include non-compliant activities from the Sales Orders & Invoicing module that have been authorised by entry of a POS manager password.  It is good practice for a manager or system administrator to regularly review the Non-compliance Log.

The List of Quotes report will now display whether the quote was “won” or not, with additional filter options for “Won”, “Not Yet Won”, or “All”.

Purchasing

The Calculate Order Quantities feature has received a number of user interface improvements, along with additional confirmation dialogs, and an option to cancel during the calculation process.

The Auto Generate Purchase Orders facility has been updated to standardise the behaviour of the options around Min/Max reorder levels. A new option has also been introduced to select multiple Stock Locations to generate an Order against.

Purchase Orders are now locked while editing to prevent simultaneous modification by different users.

This release has improved the time it takes to process Stock Adjustment batches, particularly large batches generated following a full stocktake

Alternate Suppliers

There have been a series of changes to do with purchasing Stock Items from Alternate Suppliers. This extended XRef (cross-reference) feature now allows you to define differing purchase unit factors and minimum order quantities on an Item, per Supplier.

For example, you might nominate that you would buy from an Alternate Supplier as Box/100 instead of the usual Box/10 from the Preferred Supplier.

Emailing

A change has been made to the construction of email headers to improve delivery rates to recipients, in particular to those with Gmail accounts.

There has also been an enhancement to the generation of the HTML email body to improve compatibility on some systems.

This is just a small selection from a big list of enhancements in this release. Remember to login to the Support Centre to check out all the release notes, and be sure to contact the Foresiight Support Team to have your update installed.

From Retail Checkout to CRM

Posted on by Victoria Chambers

Are you just starting a small to medium sized Australian retail business? You may be a reasonable new business still finding your feet or perhaps you’ve been in the industry for a little while and you’re thinking that you could use a little extra helping hand to become just a bit more successful.

Whatever the case may be, Foresiight’s business management software solutions are here to give you the extra edge you’re after and help you take your retail business to the next level. Based in Brisbane, we know how to best help small to medium sized businesses in Brisbane, Queensland and throughout Australia.

From the moment you join the Foresiight family, we’ll be by your side ensuring your success every step of the way. From the very first sale that you make, all the way through to keeping in touch with your customers after they’ve left your store so that you can keep them coming back again and again, Foresiight has the answer. Let’s take a look at how we help our clients from checkout, all the way through to CRM.

It All Begins at the Checkout

It doesn’t matter whether your store has a physical location, online store or a combination of the two, when it comes down to it, the most important part of keeping your business running is making sure that you keep on making sales. People might say it’s about the experience or providing good service, but the cold, hard fact is you need to remain profitable to remain in business, and that starts at the checkout line.

When you get ProfiitPlus, or any of Foresiight’s other appropriate business management software solutions for that matter, you increase your efficiency, your customer experience, and above all your success, starting right there at the checkout. With our point of sale (POS) system, including both the hardware and software components, checkout has never been easier.

Let’s consider a Brisbane hardware store’s POS for example: a customer comes through with a trolley full of hammers, nails, lumber, and a whole lot more for a big building project that they’ve got going on at home. With ProfiitPlus not only does this transaction occur as quickly as possible, much to the pleasure of your customer, but our business management software integrates the POS and all the other systems, because it is all these other systems. Making a sale with ProfiitPlus means that your accounting records are automatically updated, as is your inventory tracking software. It gets even better, because then if ProfiitPlus detects that your store is running low on something, it’ll go ahead and automatically order more for you!

After the Sale

The key to not just running a successful business, but keeping it successful in the digital age, is Customer Relationship Management (CRMs). CRMs provide ways to keep your customers meaningfully engaged with your business so that they always know if there’s a new development, sale, or product launch, and gets them coming back again and again.

Each time ProfiitPlus records a sale, it also captures all the necessary customer information for you to stay in touch. With its add-on CRM functionality, it’s easy to create fantastic newsletters, promotional emails, and countless other means of keeping your customers well informed.

Start Now!

To learn more about Foresiight, our retail business management software solutions, and what we can do to help push your business to a higher level of success, whether you’re in Brisbane or anywhere else in Australia, then all you need to do is get in touch. Simply call us on 1800 061 670 or use our contact form.

Evolve Your Business from Chaos to Control

Posted on by Victoria Chambers

Running your own business is hard work. Sometimes it can be chaotic, hectic, and even drain you physically, mentally, or emotionally. Business owners like you always put in a lot of hard work in order to ensure everything succeeds, and with all that effort it can be hard to savour your business’ victories, especially if your mind has already turned towards the next task at hand. Maybe you’re already thinking about your next sale, or maybe it’s your next big product launch. Either way, slowing things down and taking some time for yourself means your business falls behind, doesn’t it? Not necessarily.

Moments like these are when it’s paramount to have business management software on hand helping you run your company. Foresiight has been providing this solution to Aussie small businesses like yours for more than 35 years now, and we’re ready to support your business too. Whether you’re looking at Alchemii for pharmacies, the highly customisable Liinc, or our flagship product ProfiitPlus, there’s no industry we can’t lend a helping hand to.

If you’re already on board with one of Foresiight’s business management software solutions then you’re already well aware of the benefits. But if you’re new on the scene or if you’ve just now come across our site while looking for ways to keep your business on top and make your own life easier, then you’ve found the answer that you’ve been looking for. Here’s how business management software from Foresiight can make running your company less stressful and help you evolve from chaos to control.

The Past

Gone are the days of writing everything down on paper. At least, that’s how it should be. If you want to run a successful business in 2023, then manually writing everything down and double checking all your figures isn’t the way to go anymore. Doing things the old fashioned way is only costing you time and money.

Whatever kind of business it is that you run, whether it’s a hardware store, automotive, marine supplies, or even a landscape yard, business software can bring you into the modern day.

The Present

Technology has made running a business a lot easier than it used to be. These days you can type everything up, copy and paste huge swaths of data, and if you have the know-how, you can create scripts and formulas to get everything calculated automatically for you. This is all quicker, but it’s still not as efficient as it could be and it’s still costing you time and money.

Whether your company services ordinary people on the street, or if you service an entire industry like tools and industrial, business management software can speed things up and send your business into the future.

The Future

Each of Foresiight’s business management software solutions represent the pinnacle of efficiency, centralisation, and automation. The result of signing up today is maximum savings for your time, money, and manpower.

Just imagine: every time that your business makes a sale, your point of sale (POS) system updates your inventory and your accounting records to make sure that they are both completely correct and accurate. Then, when it detects your business is running low on a product it’ll automatically order more for you. And finally, your business management software will take all of the data that it collects and use it to create helpful recommendations for your business that help you keep your customers engaged and coming back again and again.

What are you waiting for?

For more information on Foresiight, our flagship business management software ProfiitPlus, or for any other questions, simply give us call us on 1800 061 670 or use our contact form.

Upgrade Your Business, Your Technology, and Your People

Posted on by Victoria Chambers

Running a business the old fashioned way isn’t the best way to do things anymore. Are you still doing everything by hand? Are all your records still physical paper copies? Maybe you’ve got all your documents on your computer but you’re still updating each one individually and manually? There’s a better way for you to run your business, so if any of this sounds like you or a business owner that you know of, then it’s time to upgrade.

If you haven’t heard of us yet, it’s time to introduce you to Foresiight. We provide small business owners like you with business management software solutions to help you upgrade your business at every level and maximise their success. Whether it’s Alchemii for pharmacies, the highly customisable Liinc, or our flagship product ProfiitPlus, for more than 35 years we’ve been helping small businesses owners make it to the next level. Here’s how working with Foresiight can help you upgrade your business, your technology, and even your people.

The Next Level of Business

It doesn’t take a lot to upgrade your business, all you need is business management software from Foresiight. Let’s look at a case study as an example:

Consider a hardware store; stock software that’s out of date and inventory that’s always running out. The owner of the business could put in more personal time and energy, ensuring that they fill the holes left by their software by checking everything manually, and by going through their storeroom every single night to make sure that they can quickly order anything that’s running low or that looks like it’s about to. But there’s a better way.

With ProfiitPlus, this hardware store owner doesn’t need to do everything themselves because their business effectively does everything for them. Once their software is up and running, this hardware store now automatically updates its stock every time a sale is made, and it also automatically orders new inventory when it detects that a product is running low. You can still check it yourself if you want to, but with our business management software there’s no longer any need.

A New Era of Technology

We’re well and truly into the digital age now, meaning many stores have an online presence and some have even moved away from having a physical location into being purely digitally run and operated. Having a physical store is still the strongest way to remind your customers that you’re really there and working with them, but small business online store integration is another way you can upgrade.

Let’s go back to the hardware store example. It doesn’t matter if they make a sale in person or via their online store, the sale is recorded the same way and there aren’t any mistakes with their inventory. And with each system integrated through the same business management software, you can count on each of them to work in harmony.

Better Connections with your People

Your business connections come in two different flavours: your staff and your customers. Your employees are your most valuable asset, and with ProfiitPlus’ staff integration, you can handle rostering, training, and more, all with the same software that runs the rest of your business.

Then, when it comes to your customers, ProfiitPlus records the data behind every sale. It then uses this to make accurate and helpful predictions to help you keep your customers coming back, and with its Customer Relationship Management functionality, you can easily create engaging newsletters and campaigns that keep your customers informed.

Time for an Upgrade

If you’re ready to upgrade your business, then reach out to Foresiight today. Simply call us on 1800 061 670 or use our easy contact form.

An introduction to Item Sub-Types

An introduction to Item Sub-Types

Posted on by Foresiight

In recent versions of ProfiitPlus & Alchemii, a new way of classifying Stock Items has been introduced. This article will give you an overview of Item Sub-Types and how they might be used in your business.

Item Types

The concept of Item Types has been a staple since the very early days of the original ProfitPak application. The four Item Types available in the system are as follows:

  • Stock Item
  • Non-diminishing Item
  • Kit Item
  • Ratio Item

As a regular user of the system, you will already be very familiar with these Item Types and the way in which they are used. What is most important to note is that these core Item Types have not changed. The behaviour of each of these types remains the same as always, but with the addition of new Item Sub-Types to enable further flexibility and functionality for your business.

Item Sub-Types

Recently introduced, the new Item Sub-Types allow us to define specific behaviours for certain Items. Every Item is first allocated an Item Type, and then an Item Sub-Type. The Sub-Types that are available for each individual Item are determined by its designated Item Type.

Below is a list of the available Sub-Types, with a brief description of its purpose.

Stock Sub-Types

  • “Standard” Stock Item: An inventory Item that does not fall under one of the special Stock Sub-Types below
  • Variation Item: A variant of a Virtual Parent Item (e.g.: colour/size)
  • Manufactured Item: A product that is manufactured or built from raw materials, and has a Bill of Materials associated with it
  • Ratio Parent Item: An Item that has one or more Ratio “children”
  • Manufactured Ratio Parent Item: An Item that has one or more Ratio “children”, and that is manufactured or built from raw materials, and has a Bill of Materials associated with it

Non-diminishing Sub-Types

  • “Standard” Non-diminishing Item: A non-inventory Item that does not fall into one of the special Non-diminishing Sub-Types below
  • Virtual Parent Item: An Item that represents a collection of Variation Items (e.g. a colour/size range)
  • Labour Item: An Item that is used for billing out Labour charges
  • Freight Item: An Item used for freight cost recovery
  • Fees/Charges Item: An Item used for recovery of fees and charges (e.g. payment fees)
  • Discount Item: An Item used to record a discount given on a transaction at the Point of Sale

Kit Sub-Types

  • “Standard” Kit Item: A Kit “parent”, containing multiple components that are brought together and sold at a pre-determined price at the Point of Sale

Ratio Sub-Types

  • Ratio Child Item: An Item that is allocated to a specified Stock Item (its “parent”) and has a ratio defined that represents the number of Child units that make up one Parent unit (e.g. 50 individual metres of chain per one roll of chain)
  • Manufactured Ratio Child Item: An Item that is allocated to a specified Stock Item (its “parent”), and that is manufactured or built from raw materials, and has a Bill of Materials associated with it

Incorporating Sub-Types into your system

Each of the Sub-Types outlined above has its own set of rules and behaviours associated with it. These behaviours can influence many workflows from purchasing to sales and right through to reporting.

When your system was updated to v4.97 (or newer), a conversion process would have taken place to automatically allocate all of your existing Stock Items to the appropriate Sub-Type. Therefore, you might already be using some of the extended Sub-Type functionality within your system.

If you don’t yet see any of the new Sub-Type options, please contact your Support Consultant to arrange a software update to the latest version.

Want to learn more?

The best place to begin is your Training system – simply switch to your Training dataset, start creating some new Stock Items and get a feel for the functionality of each Sub-Type.

Next, you might like to spend some time with one of our experts to get a deeper understanding of how this, and other stock management techniques, can help you to drive your business forward. To book a session with a Foresiight Professional Services consultant, contact us today on (07) 3356 2772 or email us at solutions@foresiight.com.au.

Small Business Management Software: Increasing Profitability

Posted on by Victoria Chambers

As a small business owner, managing all aspects of your business can be overwhelming. From tracking finances to managing inventory, it can be challenging to stay on top of everything. That’s where small business management software comes in. In this article, we explore the benefits, common features to look for, and how it can increase profitability.

Business management software is a tool that helps small business owners manage their day-to-day operations more efficiently. It streamlines processes, automates tasks, and provides valuable insights into business performance. Plus, centralise all your data in one place, making it easier to access and manage.

Benefits of Using Business Management Software

One of the main benefits of using software is improved efficiency. With everything in one place, you can easily track sales, inventory, and customer data. You can also automate repetitive tasks like invoicing, payroll, and inventory management. This frees up time that can be spent on more important aspects of your business.

Another benefit is improved accuracy. With manual processes, there’s always room for error. Using small business management software reduces the risk of mistakes and ensures that data is up-to-date and accurate. This can prevent costly errors and improve decision-making.

Business management software also provides valuable insights into your business performance. You can generate reports on sales, inventory, and financials to identify trends and areas for improvement. This can help you make data-driven decisions that increase profitability.

Common Features of Business Management Software

When choosing small business management software, there are several features to look for. These include:

Inventory management: Inventory management is essential for any small business. With business management software, you can track inventory levels, set reorder points, and receive alerts when stock is running low. This ensures that you always have the products your customers need and can avoid stockouts.

Sales Tracking: Tracking sales is another critical feature. You can track sales in real-time, generate reports, and identify trends. This can help you make data-driven decisions and adjust your sales strategy accordingly.

Financial Management: Managing finances is a time-consuming task, but it’s essential for any small business. Business management software can help you streamline financial tasks like invoicing, payroll, and expenses. You can also generate financial reports to track cash flow, revenue, and expenses.

Customer Relationship Management: Customer relationship management (CRM) is another critical feature. With small business management software, you can track customer data, manage customer interactions, and analyse customer behaviour. This can help you identify opportunities to improve customer satisfaction and increase sales.

Increasing Profitability

Business management software can increase profitability in several ways. First, it can improve efficiency and reduce costs. By automating tasks and streamlining processes, you can save both time and money. This can free up resources that can be reinvested in your small business, increasing profitability over time.

Second, you will get valuable insights into your business performance. By analysing data on sales, inventory, and financials, you can identify areas for improvement and make data-driven decisions. This can help you optimise your operations, reduce waste, and increase revenue.

Finally, business management software can improve customer satisfaction. With CRM tools, you can track customer interactions and behaviour, identify opportunities for improvement, and provide better customer service. This can lead to increased customer loyalty and repeat business, increasing profitability over time.

Choosing the Right Software for Your Small Business

When choosing software, it’s essential to consider your business’s unique needs. Look for software that offers the features you need to manage your business efficiently. Consider factors like cost, ease of use, and customer support and whether you need industry-specific customisations.

Our leading small business management software ProfiitPlus has been customised to suit the unique needs of a range of industries including hardware stores, irrigation, tools and industrial and more.

Business Management Software vs. Traditional Methods

Finally, it’s worth considering the differences between using software and traditional methods of managing a small business. Traditional methods like manual bookkeeping and inventory management can be time-consuming and prone to human error. Business management software automates these tasks, reducing the risk of errors and saving time.

Business management software also provides valuable insights into your business performance, which can be difficult to obtain with traditional methods. Choosing the right software and using it effectively, can help you make data-driven decisions that increase profitability. Be sure to do your research and choose software that meets your unique needs.

Ready to increase your small business profitability? Find out more about ProfiitPlus.

Leading Business Management Software: Making the Right Choice

Posted on by Victoria Chambers

Have you invested in business management software yet? If not, it’s time to finally start taking steps to ensure your business remains at the forefront of your industry and isn’t one that’s in danger of falling behind.

Foresiight has been helping small businesses like yours stay relevant and competitive and continue to run smoothly, for over 35 years. With our various leading business management software solutions, from Alchemii for pharmacies, the highly customisable Liinc, and our flagship product, ProfiitPlus, we help small to medium sized Australian businesses across a range of industries to grow.

Whether yours is a business with a physical location, an entirely online store, or a combination of both, our small business software ProfiitPlus is key to staying successful in the digital age. With a so much information online about business management software, it can be hard to know where to start. You’re probably not sure what you should even be looking for. Doing your own research is always important, so here are some quick tips to keep in mind when choosing business management software:

What to Look for When It Comes to Choosing Your Business Management Software

While we could leave you with an extensive list that takes hours to read, if you’re a small business owner then you probably don’t have that sort of time. Here’s a time-saving rundown of some of the broader things that you should be looking for when you choose your business management software:

Automation

As we’ve said, as a small business owner, it’s not likely that you don’t have a lot of spare time on your hands. There are so many tasks that go into running a small business, whether you have help or not, that can eat into your day. Plus, doing it all manually can lead to human error and serious mistakes being made.

Good business management software takes care of the various tasks that go into running a business for you, and the best software does so with minimal input needed from you to get started. At the end of the day, business management software should be automatic and efficient, leading to fewer mistakes for you to spend time correcting, and more time for you to focus on running and growing your company.

Features

What are some of the tasks that leading business management software should be able to handle for you? There are bundles of them! If you need help with any of the following, then good business management should be able to look after the following tasks for you:

  • Accounting
  • Price changing
  • Inventory ordering and management
  • Staff and customer relationship management
  • Point of Sale (POS)
  • Trend forecasting

That’s what leading business management software should be able to do for you. Great business management software like ProfiitPlus can do all that and more.

Integration

Having all these different tasks handled for you is great but imagine having all the different parts talking to one another. As an example, let’s look at a hardware store POS system. A customer buys a hammer, and ProfiitPlus processes the sale, it then updates your inventory records, orders more hammers if you need, and gives you back data on whether you might need to order more in the future. With our leading business management your whole business will be in harmony, allowing you to run your whole store with just the one piece of software.

There’s More!

There are so many more great reasons why business management software can help your company. For more information, all you need to do is give Foresiight a call today on 1800 061 670 or use our easy contact form to tell us about your business.

Still posting manually? Automate Tasks with ProfiitPlus

Still posting manually? Automate Tasks with ProfiitPlus

Posted on by Foresiight

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

The Advantages of Business Management Software Integration

Posted on by Victoria Chambers

Let’s face it, having to take care of all the tasks that go into running a business is hard work. Whether you’re going it alone, or even if you have employees to help you tackle the day to day running of things, there’s just so much to be done that it’s understandable if it gets a little overwhelming at times.

That’s where Foresiight steps in to help ease the burden of it all. Our business management software solutions have been helping small businesses from all over Australia for more than 35 years now. Based in Brisbane ourselves, we know what it takes to make a successful business in this country and how to best help.

If you haven’t already gotten business management software to help support your small business, then it’s time to start looking into it. There are tons of great things that business management software, like Foresiight’s flagship product ProfiitPlus, can do for your business. Today, we’d like to zero in on one of our central benefits, integration, and what that means for your business.

What is integration?

As we all know by now, there are so many tasks that go into operating a successful business. A few of these include stock management, making price changes, accounting, staff rostering, and managing your customer relationships.

Integration is when these tasks aren’t performed in a vacuum. It’s when all these different processes overlap and work together as one in such a way that each part’s performance is improved. Integration is, in a word, efficiency. Let’s look at a few examples in action:

Point of Sale (POS) and Inventory Management

Whether in person or over the internet, every single sale made by your business needs to be recorded. And each detail of the sale needs to be recorded too. ProfiitPlus’ POS system, which includes both the hardware and software components, can handle all this information gathering for you.

When a sale is made, your inventory records need to be updated accordingly. Products no longer on your shelves need to be checked off your books, and then when you hit a certain threshold you need to order more so that you don’t run out. ProfiitPlus will automatically do so for you when it detects that you’re running low.

Business management software integration means that when ProfiitPlus’ POS is used to make a sale it also updates your inventory records at the exact same time. Both parts speak to one another automatically. Our inventory tracking software is Brisbane’s best solution to making sure that your shelves are never accidentally empty.

…and Accounting

You’ve made your sale, and now you need to record your profits. Or maybe you’ve ordered more inventory and you need to record your expenses. Let’s consider a business with larger needs, like a landscape yard. POS records the sale of landscaping supplies, it updates the inventory records, it detects the need for more supplies and so it orders more, then it also updates your accounting records too to ensure that all your numbers add up when it comes to tax time.

So whether you move literally tons of product everyday like a landscape yard, or if you sell a few knickknacks online each week, ProfiitPlus is there to help ease your load and make sure that every single one of your books is perfectly balanced.

There’s Just So Much More!

We hope these examples have shed some light on the singular benefit of integration which Foresiight’s business management software can bring to your company. But this is just one piece, there’s so many other ways we can help. For any questions about what we can do for you, simply give us a call today on 1800 061 670 or use our easy contact form to tell us about your business.

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