Running a wholesale business today means intelligent purchasing decisions, ensuring logistics are speedy and well-managed, and making sure that there is a solid sales process pushing demand for your products. With customers actively looking to cut wholesalers out of their supply chain, the canny wholesaler needs to turn to technology in order to find the magic fairy dust of “added value” to ensure its continued survival in competitive times.

It was only a few years ago when many areas of commerce were little regulated; the exceptions, of course, being foodstuffs and pharmaceuticals. However, today there isn’t an area of commerce that isn’t subject to strictures and regulations, and in a global market, these laws and regulations vary from country to country and even local area to area. Add to this the increased awareness that customers have of the possibilities open to them because of technology and the Internet, and smaller margins, and the marketplace for today’s wholesalers is becoming increasingly fraught.

As a modern wholesaler, you’ll need to implement smart technology into the business which pulls together the disparate elements required to trade successfully. Purchasing, logistics, sales, finance, technicians’ activities, tracking goods in and out, stock control; all these elements, and more, need to be managed and directed quickly, efficiently and reliably. By achieving this, as a wholesaler, you can add value for your customers, lower costs, and ensure that your organization has a firm future.

That’s where Exact Software‘s ERP for Wholesale comes in. Exact software shows you what’s in stock, what are product specifications, expected delivery times, and more. But you aren’t the only one who needs to know these things: your customers and suppliers need to know too. Sharing information online, today, is expected of the wholesaler, and without the ability to disseminate the right data to the right people at the right time, customers will (probably quite rightly!) look elsewhere.

The combination of Exact Globe and Exact Synergy software offers an all-in-one platform where product information, customer information, shipping, sales, purchasing, and inventory all coexist and feed each other data. Customer-related information can be integrated with your internal financial processes and logistical information, and the flow of data traffic is multidirectional. This improves co-operation, both internally, and externally with your partners and customers.

Every aspect of your business can push, pull, edit, create, and delete data from a single repository, making one single point of truth that can flow out across all areas of the business. Planners can flexibly and quickly create a work schedule. With the Exact Field Service Application, technicians are well prepared. Your staff can claim back expenses using the Expense Claim application for mobile. The warehouse manager can scan barcodes of goods in and out, and the service engineer can see work schedules, route plans, and requirements on his or her tablet – and even take signatures.

In the back office, the financial heart of your business will see a full overview of the organization’s activities in real time, and, armed with the conglomeration of data, management can make the decisions it needs; creating value for customers, and improving every aspect of the business.

The Exact Event Manager helps C-level executives garner reports, either of their own making (customised) or using one of the many pre-prepared templates, specifically designed for wholesale businesses like yours. The IT department can determine whether Exact Wholesale solutions are hosted on the premises, or whether the service is used via Exact’s private cloud, rented or bought.

By bringing together all the correct information in one place, and displaying it on one screen, international businesses can operate in Europe, Asia, the Americas, Australasia. Exact’s international nature means its software is available in more than 40 languages and, out of the box, supports local laws and regulations: banking terms, regulations & local conditions, and multiple currencies, ensuring that the global nature required of today’s trade is simply taken care of.

You may not trade in microchips, semiconductors, or anything with even a single flashing LED light, but the goods you deliver, and your business, can be managed more efficiently and with greater ease, with Exact for Wholesale. Drive down costs, improve efficiency, and free up your own valuable time to concentrate on the running of the business.

To learn more about Exact’s particular skill in empowering wholesale businesses like yours, get in touch with a local representative today.