SkuVault Blog

Tips and tricks to scale your business from the experts in eCommerce

8 Ways to Convince Your CFO to Purchase SkuVault 

Posted by Avery Walts on Jan 30, 2018
Find Avery Walts on LinkedIn

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SkuVault inventory and warehouse management system is an affordable and efficient solution for accountants, CPAs, or bookkeepers looking to purchase a reliable software with accounting functionality and integrations.


As the accountant at your place of business, it’s your responsibility to find a warehouse management system that will save the company money and solve all your accounting needs. Not only is it your job to find a solution, but it’s also your job to convince the operations manager the warehouse management system in question is valuable for the price.


This guide is intended to be your sales pitch to the Operations Manager or Chief Financial Officer. SkuVault is designed with several features meant to save your company money and provide accurate sales reports. SkuVault also integrates with accounting systems intended for new eCommerce retailers all the way to enterprise retailers.

 

Scale up and customize accounting features to tailor your business needs without the hefty price of an ERP

 

SkuVault Accounting Features

SkuVault’s advanced reporting feature is designed to provide accountants with up-to-date and accurate reporting that’s transferable across accounting software integrations. The goal of each report is to create better forecasting, and as a result, a greater ROI. And the best part? There’s no manual data entry involved. Save time and make more money - free from human error - along the way.

Better reporting means better and more informed business decisions


  • Sales History Report: export sales by date or sales by SKU to send to your bookkeeper. Sales history reports are available to view in SkuVault itself, or exported into a CSV file. Sales reports take all reports from every sales channel and gather them into one report.
  • Historical Inventory: export quantities on a specific date
  • Purchase Order export: export all purchase orders with ordered/received quantity. Using an inventory management system in tandem with an accounting software integration eliminates the risk of human error. When you coordinate purchase orders with sales reports, you’re only sourcing products from the supplier that will deliver the best ROI.
  • Audit Discrepancy Report: this report tracks dependencies that occur once a location has been counted.
  • Replenishment Report: shows what needs to be purchased (before quantities dip too low) and displays gross financials. Quantities automatically update in SkuVault to let you know how much quantity you have in each warehouse.
  • Class/Brand Report: aggregate sales by classification or brand to determine which brands sold best.

 

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SkuVault Accounting Integrations


Quickbooks

 

Quickbooks is a great integration we support for small to midsize retailers. Quickbooks does the accounting for you. With a Quickbooks and SkuVault integration, the days of manual data entry across sales channels is over. Track and sync quantities and prices within one system.

Here’s what our integration with Quickbooks can do:

  • Create purchase orders in SkuVault to see them reflected in Quickbooks inventory
  • Sync inventory (price and quantities) across marketplaces
  • Sync expenses across marketplaces
  • Sync fees across marketplaces
  • Automatic updates on inventory and sales information from all sales channels
  • Zero manual data entry

Xero

 

Xero is another great accounting suite we support. It was built for accountants and bookkeepers of small businesses. The SkuVault and Xero integration allows users to easily add stores without changing your workflows.

Here’s what our integration with Xero can do:

  • Sync inventory (price and quantities), expenses, and fees across stores
  • Schedule and post online sales from any sales channel or SkuVault directly into Xero
  • Create purchase orders in SkuVault to see them reflected in Xero
  • Access customer and business information anywhere, anytime with our cloud-based system
  • Up-to-date and accurate data
  • Zero manual data entry

 

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NetSuite


NetSuite is an ERP that specializes in accounting. Like SkuVault, NetSuite is made for everyone from new start-ups to established companies. NetSuite promises to reduce costs and allow your business to evolve as your needs change. The SkuVault and NetSuite integration (via DBSync) works in tandem to save time and money.

Here’s what our integration with NetSuite can do:

  • End-to-end migration eliminates manual data entry
  • Sync inventory (price and quantities), expenses, and fees across stores
  • Update quantities in real-time
  • Access from anywhere at anytime with cloud-based software
  • Full control and transparency over your warehouse

Microsoft Dynamics


Microsoft Dynamics is indeed an ERP system, but the SkuVault and Microsoft Dynamics integration (via DBSync) is a small piece of that puzzle for small to medium-sized businesses. Microsoft Dynamics pulls data from every department of your business and reflects those numbers in SkuVault.

Here’s what our integration with Microsoft Dynamics can do:

  • Sync inventory (price and quantities), expenses, and fees across stores  
  • Update quantities in real-time  
  • Full control and transparency over your warehouse
  • Accurate data reports for better inventory forecasting
  • Create better KPIs

Tailor Your Pitch


So, now that we’ve covered the features and software options, let’s run through a bulleted list of highlights to pitch to the CFO.

  • SkuVault is an inventory and warehouse management system built to scale with your business
  • SkuVault integrates with accounting software at every business level and price point to scale with you
  • Data is automated and synced in real-time -- say goodbye to human error
  • Data reports are abundant and offer accurate information for better decision making
  • Specific data reports guarantee better forecasting and a greater ROI
  • More time spent managing one channel of information and less time scrambling to gather data reports from each sales channel
  • SkuVault customer service, where real people answer the phone with a guaranteed 15 minute or less response time five days a week from 7:30 am - 7 pm EST

 


 

Optimize Your Supply Chain with SkuVault WMS. Request a demo.Want to save even more money using SkuVault? Click here to learn about our Hyper Picking feature. It increases pick time and eliminates unnecessary operations costs from manual processes. 

 

 

 

Topics: SkuVault, warehouse management, Inventory management