Foresiight has been providing the best business management software available to help marine supplies businesses for over 35 years. Our flagship product, ProfiitPlus, helps manage every aspect of running your business, from stock, to point of sale (POS), to staffing, and more. With its unmatched functionality and benefits, we can help your marine supplies business become an industry leader.

The Benefits of ProfiitPlus

As our flagship business management software, we’ve customised ProfiitPlus with everything you need to support your marine supplies business. No two organisations are the same, so whether yours is small, medium or national our business management software can be fully integrated with your business to save you time, money, and energy.

ProfiitPlus is both affordable, powerful and customised for marine supplies, giving you more control than other generic business management systems. You can rest assured we’re always working to meet your ever shifting needs and will always provide you with a tailored solution which guarantees the following benefits:

1. A Holistic Solution

ProfiitPlus is automatic, everything from recording changes to inventory, to checking your accounting books, to analysing sales data, and more. All this is done automatically for your convenience, which reduces errors while saving you time and money.

ProfiitPlus’ live database means that it provides you with information on how your marine supplies business is performing which is always completely up to date and accurate. Meanwhile, integration with your point of sale is streamlined and reflected in real-time.

2. Customisation

ProfiitPlus has over 300 fully customisable options and our in-house development team is always working to create more efficiencies and profitability in our client’s businesses. If you’d like the extra hand, our team can even help you tailor ProfiitPlus to suit your business’ specific needs.

3. Continuous Development

Our in-house development team is always working on ProfiitPlus to ensure it meets the everchanging needs of the business landscape. With ProfiitPlus, you can be assured that however much time goes by you will be operating with advanced and innovative business management software to grow your marine supplies business.

4. Ongoing Support

Foresiight doesn’t just help by providing ProfiitPlus, you also get our support as a business partner. Our friendly support team will happily answer any questions you might have or help you solve and trouble shoot any issues. Whether you’re a new or long-time customer, or even if you’re yet to get ProfiitPlus, we’re here to help and will stick with you every step of the way.

Everything You Need In One Place

ProfiitPlus handles everything you need to run your marine supplies business through one integrated database. All you need is a device and an internet connection, and ProfiitPlus will help you look after the following:

• Barcode and label printing
• Customer Relationship Management
• Consumer rewards programs
• Marketing and sales campaigns
• Events and promotions
• Managing supplier rebates
• Tracking repair statuses
• Managing, locating, organising, and prioritising jobcards through the integrated JobMate app
• Overseeing kit items and contents
• An integrated POS system
• Reporting information on all sales and purchasing
• Price setting and adjustments
• Stock and inventory management
• Serial number tracking
• Accounting
• Staff rosters
• And so much more

For More Information

To learn more about Foresiight, ProfiitPlus, or how we can help you manage the operations of your marine supplies business, simply give us a call on 1800 061 670 or use our easy contact form to tell us about your company and a member of our support team will quickly be in touch. At Foresiight, you will always be speaking with a real person who understands your marine supplies business.

Foresiight has been helping the owners of tool stores look after their companies for over 35 years. We do this by delivering the ideal business management software solution in the form of our flagship product, ProfiitPlus. Our business management software helps you run, manage, and even grow your organisation, and ProfiitPlus specialises in working with the tools and industrial industry which makes it the perfect choice for your business.

The Features of ProfiitPlus

ProfiitPlus business management software is specifically designed to help you with the following aspects of running your company:

• Stock and inventory management
• Coordinating marketing, events, promotions, and sales campaigns
• Following up on repair statuses
• Utilising customer information to identify brand preferences and trends
• Managing customer categories and interest groups
• Managing, locating, organising, and prioritising jobcards through the integrated JobMate app
• Looking after supplier rebates
• Overseeing kit items and contents
• Label printing
• Sales and purchase history and reporting
• Point of sale
• Barcode scanning and creation
• Setting price levels
• Tracking serial numbers
• And much more

Everything you need in one place

ProfiitPlus is Foresiight’s flagship business management software, offering the complete package for tool and industrial business owners and is more powerful and affordable than other systems on the market. No two business are ever completely alike, so regardless of whether yours is a small, medium, or large store or chain of stores, our fully integrated software can handle the day-to-day tasks so you can focus on the things that really matter. With over 300 fully customisable options and more always in development, ProfiitPlus is able to meet the needs of all our clients and partners. We provide a tailored solution to meet your needs, whatever they may be. Here’s how ProfiitPlus can help your store:

1. Holistic Business Management Software

ProfiitPlus business management software for tool stores does everything automatically. From recording changes in inventory, checking your accounting, and analysing sales data, we save you time and money, and reduce the possibility of errors. Our live databases mean you will always have the most current and accurate information at your fingertips while dispensary integration maximises the efficiency of your point of sale system.

2. Customisable Integration

Foresiight’s in house development team is always working to ensure ProfiitPlus is customisable. Our team can also help you tailor our business management software through custom development and configuration for your specific needs.

3. Ongoing Development

ProfiitPlus is updated regularly to ensure it meets your everchanging needs. With ProfiitPlus you also get the assurance that we will always provide you with the most current and cutting-edge business management software out there. 

4. Partnership and Support

When you get ProfiitPlus business management software for tool stores, you also get Foresiight as a partner. We will answer any questions you might have and help you every step of the way. Foresiight’s IT team are on hand with troubleshooting and technical support, and can even help you with initially installing ProfiitPlus. Even if you haven’t signed up yet, we’re happy help to potential customers too.

Contact Foresiight Today

To learn more about Foresiight and our flagship software ProfiitPlus, simply give us a call on 1800 061 670 or use the easy contact form on our website to tell us about your business and a member of our friendly support team will quickly be in touch to answer any questions you may have. When speaking to our support team you will always be speaking with a real person.

Foresiight has been providing business management tracking software for Brisbane based businesses for over 35 years. Based in Brisbane ourselves, it is this homegrown knowledge, insight, and experience which makes us the best option for helping you manage the constant changes to your businesses’ stock.

Helping you track your inventory

Foresiight provides a range of business management software solutions, including Alchemii, Liinc, and our all-purpose flagship software ProfiitPlus. Whatever your business is, whatever industry you’re in, our software has everything you need to completely look after your inventory from one handy digital location, all you need is a desktop or device and an internet connection. Here’s how ProfiitPlus business management software helps Brisbane business owners track their inventory:

Automatic tracking and purchasing

ProfiitPlus will automatically track every purchase and sale made by your business, update your stock records accordingly, and detect when you’re running low on stock items so it can order more for you. 

Automatically recording changes

Purchases, sales, and ordering are all automatically tracked, recorded, and executed by ProfiitPlus, ensuring that your books are always completely accurate.

Automatic price adjustments

Pricing changes will always need to be made for a variety of reasons. It can be because of a sale you’re having, a special discount, delivery costs, changes in tax, or awarding a commission. Whatever the case may be, ProfiitPlus will handle these constant changes so you don’t have to.

Improving Inventory Tracking for Brisbane Businesses

However big or small your business is or whatever type of industry you serve, Foresiight’s business management software will help you track your entire inventory. In addition to the obvious convenience, there are several other benefits that this provides:

Efficiency

Automatically updating records, replenishing inventory, and making price adjustments saves you time and keeps your business running smoothly.

Easy Access

ProfiitPlus business management software does more than just inventory tracking. It also manages rostering, accounting, point of sale systems, and more, all with one convenient and easy to use piece of software.

Forecasting

Automated inventory tracking means ProfiitPlus is able to calculate trends and plan accordingly. In turn, this will help you keep on top of events which can significantly impact your inventory such as holidays, sales, and new products.

Why Foresiight is the Right Choice for your Business

Brisbane’s business owners have countless choice when it comes to selecting the right business management software for their organisation. There are an abundance of different platforms and many focus on a particular aspect of business management. What makes Foresiight the right choice for your company is that our business management software handles every aspect with only one piece of software.

The inventory tracking we provide ensures you never have to worry about your physical product again. Imagine, in addition to that, having inventory tracking handled in the same place that you manage your staff and rostering, accounting, leave, and point of sale systems. We provide the solution that will help put your business on top of the Brisbane marketplace.

Supporting Brisbane’s Businesses

Foresiight supports existing and potential customers alike. Whether you’re a new client who needs a hand getting set up or you’re already with us and need a hand with some troubleshooting, feel free to give us a call, send an email, or contact us over our website and a friendly member of our support team will be happy to lend a hand.

Further information

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

Foresiight provides the perfect small business stock control solutions to help small businesses with stock, including Liinc, Alchemii, and our flagship software, ProfiitPlus. With over 35 years of experience helping companies manage their inventory we know how to best help small businesses likes yours handle the constant changes which come with this area of business management.

How Foresiight Helps You Manage Your Stock

Whatever type of small business it is that you run, ProfiitPlus has everything that you need to successfully manage each and every aspect of your inventory in one handy, digital location. All you need is a computer or mobile device and an internet connection and you’re good to go! Here’s how ProfiitPlus can help track your inventory and streamline how you run your business:

• Automatically Updating Inventory Records

Whether it’s in one of your stores or on your website, every time a product is sold ProfiitPlus automatically tracks the change and updates your stock records so that they’re always accurate.

• Automatic Purchasing

ProfiitPlus goes a step further than just recording and will also automatically order new stock when it detects your supplies are running low.

• Automatic Price Adjustments

There will always be reasons for you to change or update the price of the various items in your stock. It might be because of a sale, a special discount, tax, delivery costs, or giving your staff a commission. You’ll be happy to have ProfiitPlus on hand making these changes so you don’t have to.

How Foresiight Improves Stock Control for Small Businesses

Whatever industry you’re in, Foresiight’s Business Management Software will track each aspect of your stock control in one simple place. Here are some of the ways this will benefit your small business:

1. Centralisation

ProfiitPlus keeps your inventory management in the same easy place as other systems necessary for running your business, such as rostering, accounting, point of sale, and more.

• Automation

ProfiitPlus automatically makes changes whenever they are needed. Recording new purchases or recent sales, product updates and replacements, and stock ordering are all done by our business management software in real time for maximum efficiency.

• Forecasting

Stock control also means keeping track of sales and purchasing trends, such as holidays, special deals, and the release of new products. Having these automated allows ProfiitPlus to take this information and predict what stock you need and how much before you need it, ensuring you never fall behind.

Why You Should Choose Foresiight for Your Small Business

Small businesses have countless choice when it comes to selecting the right business management software. While many of these cater to specific industries, Foresiight stands out by working for any and all small businesses and by handling all your needs in one place.

Foresiight takes care of stock control, but it also helps you with everything else your business needs too. From accounting, rosters, leave, point of sale, and more, everything is run by the same software as your stock control. Your whole business in one handy digital location.

Supporting Small Businesses

Foresiight supports all our customers, new, existing, and even potential clients have access to our support team. Feel free to call us or send us an email, or reach out to us via our contact form with any questions you might have, and a member of our friendly support team will walk you through anything you need.

Further information

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

Australian small businesses owners have so much they need to do in order to run their company as successfully as they can. It’s no easy task on your own, and that’s why having Foresiight’s business management software comes in handy. Through Alchemii, Liinc, and our flagship business management software, ProfiitPlus, Foresiight helps make running and growing your business simpler, leading to success in the Australian marketplace.

Why Australian Businesses Choose Foresiight

Business Management Software is often focused on meeting the needs of a particular industry or completing a single, specific task. That’s not the case with Foresiight.

For the last 35 years Foresiight has been helping Australian business owners manage their companies, and being locally based in Brisbane ourselves, we know exactly what it takes for businesses to succeed in the Australian market. It’s this wealth of trust and experience which makes us the ideal choice, whatever your needs.

How Foresiight Helps Australian Businesses

There are numerous ways having Foresiight’s Business Management Software will help you run your business. These include:

• Inventory

ProfiitPlus manages your stock by automatically tracking and recording every sale made and updating your inventory levels.

• Accounting

ProfiitPlus also analyses your income and expenses, helping keep your books in the black and saving you the time and effort of needing to work everything out for yourself.

• Prices

Whether it’s because you’re having a sale, adding the cost of shipping, charging tax, or giving a commission, ProfitPlus allows you to efficiently make price changes whenever you need.

• Customer Relationship Management

CRMs record customer information and then utilise it in various ways, such as through newsletters and email marketing campaigns which keep your clients informed and invested in your business.

The Advantages of Using Foresiight’s Business Management Software:

The are numerous ways Foresiight’s Business Management Software helps benefit Australian businesses like yours, here are just a few: 

• Complete Centralisation

ProfiitPlus puts your whole business at your fingertips in one handy place, all you need is a device and an internet connection. Coordinate your entire business, from inventory to accounting to staff to pricing, from one easy to use digital location.

• Automated Systems

Having your business’ systems for inventory, accounting, staff, and more all automatically updated saves you the time and hassle of having to do it all manually, as well as reducing the risk of errors.

• Maximised Efficiency

When your whole business is digitally centralised it means that everything is always running as quickly and accurately as possible, saving you time and money and allowing you to focus on running your company.

• Trend Forecasting

ProfiitPlus analyses your business to make recommendations and adjustments which help your business stay on top. If you’re having a sale or a holiday is coming up, ProfiitPlus will predict any changes you might need to make.

Support for Australian Businesses

Whether you’re curious about signing up with our business management software and need help getting started, or if you’re an existing client in need of some assistance, give us a call, send us an email, or contact Foresiight over our website and a member of our friendly support team will happily be of service.

Further Information

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

Small businesses grow when they are successful. While this is a good thing, it also means much more work has to be done to run your company. That’s where Foresiight’s business management software comes in. Through Alchemii, Liinc, and our flagship software ProfiitPlus, Foresiight puts the tasks which keep Australian businesses running in just one place, including:

• Inventory Management

ProfiitPlus automatically tracks every purchase and sale made at your business, records the transactional information, and updates your inventory levels on the fly. No matter how complex or large your stock ranging may be.

• Accounting

ProfiitPlus records and analyses both income and expenses, saving you both time and the risk of making financial errors.

• Pricing

Make quick changes to pricing whenever you need. Be it because of sales, shipping, tax, or commission, ProfiitPlus helps you update your pricing efficiently. Powerful and flexible pricing rules lets you control what price each customer pays.

• Customer Relationship Management

Also known as CRM, the ProfiitPlus CRM add-on module records all necessary customer information, including name and contact details. It puts this info to work through email campaigns, promotions, and newsletters, keeping your customers in the loop and your business booming.

The Benefits of Foresiight’s Business Management Software

As you see your business grow from a small one into a medium or even larger organisation, you’ll have to handle more and more things. Foresiight’s business management software keeps these various aspects in a single location, providing you with benefits like:

Centralisation

With nothing more needed than access to a computer and an internet connection, ProfiitPlus puts your entire business in your hands wherever you are in the world. Nothing could be more convenient than having inventory, accounting, pricing, CRMs, and staff coordination all in one digital place.

Automation

Keeping inventory, pricing, finance, CRMs automatically updated means you don’t have to worry about manually working out all these things yourself, saving you time and the risk of errors.

Efficiency

Managing each aspect of your business eats up valuable time and money. The centralisation and automation afforded by ProfiitPlus is not only quick and accurate, but it also allows you to focus on growing your business.

Forecasting

ProfiitPlus analyses trends and helps you make adjustments accordingly. Is there a sale on or a holiday approaching? Our business management software helps you predict necessary pricing and inventory changes so you’re always prepared.

Why choose Foresiight?

More powerful and flexible than basic POS & Accounting systems.

More affordable and user friendly than large ERP systems.

For over 35 years we’ve been helping Australian businesses do it all. Our experience handling each and every aspect of business management makes us the perfect choice to help grow your small business. Foresiight takes over the tough stuff, letting you focus on running your businesses and growing it to be even more successful.

Support for Australian Businesses

Foresiight supports all businesses and all customers, even if you haven’t signed up with us yet we’re here to assist you in any way we can. Whether you want to know if it’s right for you, you need help getting started, or are an existing customer with some questions. Give us a call, send an email, or contact us via our web form and a member of our friendly support team will be happy to help.

Further information

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

ProfiitPlus is the perfect business management software for helping hardware stores manage their inventory. With more than 35 years of experience under our belt, we’re the perfect choice when it comes to providing stock management solutions.

How Foresiight helps hardware stores manage their stock

Foresiight’s flagship business management software ProfiitPlus, keeps all aspects of your store’s stock control in one convenient digital location. ProfiitPlus helps hardware stores oversee their stock in the following ways:

• Inventory Management

With every purchase made, be it in person or via your online store, ProfiitPlus records the change and updates your stock levels to ensure your hardware store will never have too much or too little supply on hand for your customers.

• Automatic Purchasing

Running low or expecting a surge of shoppers for the upcoming holidays? ProfiitPlus includes automatic purchasing which not only replenishes inventory, but also predicts and prepares for your hardware store’s upcoming needs.

• Automatic Price Adjustment

Hardware store owners all know how often they need to make changes to the price of their stock. Whether it’s because of a sale, shipping costs, tax, or to grant your employees a commission, ProfiitPlus is here to handle these changes so you don’t have to.

How Foresiight improves stock management for hardware stores

However many hardware stores you manage across your business, ProfiitPlus business management software keeps all your inventory needs safely and conveniently in one place. Here’s how we can help you manage your store’s stock:

Keep it Centralised

With ProfiitPlus, you only need one piece of business management software to oversee your entire hardware store. Keep your inventory management in the same place as your rostering, accounting, training, and more. It’s easy access any time you need.

Automation

ProfiitPlus automates the purchase of new stock, recording of sales, updating inventory changes, and ordering, all so you don’t have to. We save you time and money so you can manage your store as efficiently as you possibly can.

Forecasting

Monitoring the changes and trends of your inventory levels is also automatically done by ProfiitPlus. That way we can predict what you’ll need before you even need it, as well as how much. ProfiitPlus saves you the hassle dealing with unforeseen issues.

Why Choose Foresiight?

There are plenty of options when it comes to choosing the right business management software for your hardware store. Each of these has different payment plans with different inclusions, and most of them only handle one particular aspect of your business.

ProfiitPlus handles it all with one easy to use and access central database. ProfiitPlus not only takes care of your hardware store’s inventory management but so much more on top of that, making ProfiitPlus the perfect choice. With stock control, accounting, point of sale and more in the same your whole hardware store can be run from one accessible and affordable place.

Supporting Hardware Stores

Foresiight lends support to both existing and prospective clients. Contact us by phone, email or via our contact form, and a member of our team will happily assist you or answer any questions you may have. Whether you’re just starting out or if you’ve been managing hardware stores for years, they’ll walk you through setup and troubleshooting so you can immediately start managing your stores as best as possible.

Further information

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

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

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

What to look for in landscape yard business software

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

What will I get with ProfiitPlus?

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

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

What you’ll get with Foresiight

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

Further information

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

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

Sounds great right? But how does it all work?

How business management software works

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

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

Point of Sale (POS)

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

Accounting

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

Stock Control

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

CRM

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

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

Why should you use business management software?

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

What should you look for in business management software?

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

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

• Hardware and Building
• Irrigation and Pumping
• Pharmacy
• Tools and Industrial
• Landscape and Garden
• Automotive and Marine
• Wholesale and Distribution

Further information

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

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

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

What is stock?

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

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

Why do businesses hold stock?

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

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

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

What is small business stock control?

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

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

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

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

Essentials of stock control

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

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

Record your stock

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

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

Know what to order and when

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

Reduce costs and plan

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

Further information

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

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

How does Business Management Software work?

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

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

How long has business management software been around?

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

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

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

Benefits of business management software

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

Workflow visibility

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

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

Streamline operations

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

Insights and analytics

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

Collaboration

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

Data security

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

Industry customisations

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

Further information

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

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

Open the Labels Queue

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

Add Labels to the Queue

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

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

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

Now click the Add button.

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

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

Select Labels to Print

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

Select Print Options

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

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

All Printed Ok?

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

Conclusion

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

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

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

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

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

1. Improve efficiency and productivity

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

2. Reduce errors

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

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

3. Provide vital communication tools

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

4. Improve customer satisfaction

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

5. Automation & integration

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

Foresiight’s industry customisations

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

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

Further information

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