Qloud Margin Control

Tracking landed costs and sales costs for all inventory management companies is a crucial element for succeeding in today’s business environment. Having an accurate view of costs, revenue, margins and profit is essential for every company.

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Why your business should be in control

Having an accurate view of costs, revenue, margins and profit is important to:

Accurate Costing and Pricing – Ensures precise calculation of the total cost of inventory, facilitating more informed and competitive pricing strategies without compromising profit margins.
Enhanced Profitability Analysis – Enables a detailed understanding of profit margins for each product, helping identify high-margin items and those that may not be financially viable, thus guiding strategic product management decisions.
Informed Financial Planning – Provides a solid foundation for financial forecasting, budgeting, and reporting, leading to more effective business planning and resource allocation.
Supply Chain Optimization – Highlights areas in the supply chain where costs can be reduced or processes can be improved, contributing to overall operational efficiency and cost savings.
Regulatory Compliance and Transparency – Ensures compliance with accounting standards and financial reporting requirements, promoting transparency and trust among stakeholders.
Strategic Decision-Making – Facilitates data-driven decision-making regarding inventory management, sales strategies, and market positioning, enhancing the company’s adaptability and competitiveness.

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Qloud Margin Control Key Features

Eliminate Manual Entry of Transactions

With standard NetSuite any additional costs such as freight, customs, commissions and documentation must be added manually. This can be done as separate lines, or separate transactions – with Qloud Margin Control this entire process is automated.

Purchase Order Creation Method in Action

Advanced Filtering

Determine when costs should be applied to transactions using advanced filtering and criteria.

Item Saved Search

Transaction Body Fields

Automated Variance Management

Qloud Margin Control automatically identifies and reconciles discrepancies between budgeted and actual costs – minimizing manual intervention and providing accurate financial information.

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In-Depth Margin Insights

Gain insights into margin at various levels, using our pre-configured reports to support most use-cases. Our reports are configured utilizing all three of the standard NetSuite tools (Report Builder, Saved Searches, SuiteAnalytics Workbook) so can be configured further if required.

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Benefits of Qloud Margin Control

Maximize Profits

By accurately understanding your true costs, Qloud Margin Control allows you to maximize your margins and make strategic pricing decisions.

Informed Decision-Making

Get real-time insights into cost drivers and profitability metrics, enabling you to make data-backed business decisions.

Reduce Manual Work

Eliminate spreadsheets and manual processes. Qloud Margin Control automates landed cost and sales cost calculations. Saving time and reducing errors.

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