Commission Manager, integrated with QuickBooks

Sales commission is extra pay that a salesperson receives for successfully making a sale. The more sales the salesperson completes, the more commissions he earns. All commissions involve paying a salesperson for making a sale, but how commission is calculated varies. Commission is calculated on one or many factors like percentage of sales, percentage of monthly target, revenue, gross margin, quarterly bonuses, salary, annual bonuses etc. Depending upon the size of the company and number of sales people, commission plans vary. Calculating commissions and their payout can become a hassle to companies on a monthly basis. Automated solutions for commission management vary from simple spreadsheet solutions to comprehensive solutions integrated with accounting packages.

Commission Manager, is an automatic commission calculation tool integrated with different accounting packages. Some of the salient features include:

• Multiple commission plans
• Customizable commission plans based on salesperson / products / categories / customers
• Commission calculation based on invoice or payment
• Recover commission based on ‘returned’ sale
• Track commissions with ease
• Integrated with Intuit QuickBooks

To know more about Commission Manager contact us at sales@ciglobalsolutions.com.

 

Mobile Inventory Management with QuickBooks

QuickBooks 2011 with its improved features and accounting tools may still not be enough to satisfy the needs of small businesses in terms of inventory management. There are different solutions in the market for inventory management.

Mobile and cloud computing are beginning to change the way that developers work at enterprise-level and smaller businesses, according to a report released this week by Forrester Research. Mobile development exploded in 2010 and will continue to expand in importance in 2011. According to the report, customer facing applications constitute the most frequently development mobile applications with 51% of decision makers building or planning these. With mobile usage increasing on a daily basis, the need of hour lies in mobile inventory management that seamlessly integrates with QuickBooks.

Customers usually face the following challenges with respect to inventory management:

• Stockist manually counts the items against UOM in the warehouse
• Wrong or dual count of items
• Stockist enters the counted values in the inventory work sheet
• At end of day, data entry operator updates QuickBooks – time consuming
• Huge inventory – Manual counting process – Leads to human errors
• Errors in consolidating the counted items for each location
• Data Entry error when updating it to ERP

Mobile Inventory Count (MIC) is a solution that is integrated with QuickBooks and helps customers overcome the listed challenges. MIC is a real time inventory management system for warehouse personnel. The solution is integrated with barcode scanners and wireless printers.  To know more about MIC…contact us at sales@ciindia.com