Introduction

Welcome to Qloud Margin Control (QMC)

QMC is a solution built for NetSuite to manage all costs related to procuring and distributing inventory. By managing these costs, your business will have entirely new insights into margin and profits. This provides users with the information they need to optimize pricing strategies and, ultimately, maximize profit.

There are no external integrations or tools required to utilize the application - most users won't even know QMC is an additional App.

The application is quick to install and configure and integrates into your standard NetSuite Order to Cash and Procure to Pay processes seamlessly. There is a wide range of configurable features to meet your unique business needs.

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 QMC this entire process is automated.
Advanced Filtering - Determine when costs should be applied to transactions using advanced filtering and criteria. For example
- If purchasing inventory from an overseas vendor to the Netherlands using the DDP (Delivered Duty Paid) Incoterm, the vendor will be responsible for all costs (including customs).
- However if purchasing using the CIF Incoterm (Cost, Insurance and Freight) the buyer is responsible for handling customs clearance and any import taxes.
Automated Variance Management - QMC automatically identifies and reconciles discrepancies between budgeted and actual costs - minimizing manual intervention and providing accurate financial information
In-Depth Margin Insights - Gain insights into margin at various levels, which 20?? 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.

Benefits

Who Can Benefit

Our Qloud Margin Control App is valuable for a wide range of businesses.

Wholesale Companies: Improve cost transparency and margin control across multiple product lines. QMC allows wholesale businesses to accurately assign costs across a diverse inventory, helping in price negotiations and maintaining a strong competitive edge.
Logistics and Supply Chain Companies: Get a clearer understanding of end-to-end costs associated with the movement of goods. QMC helps logistics providers allocate costs effectively, optimize routing, and improve profitability through better cost management.
Manufacturers: Get clear visibility into your production and supply chain costs to improve pricing strategies. With QMC, manufacturers can easily identify inefficiencies in their supply chain, track production costs in real time, and adjust pricing to ensure profitability.
Distributors: Benefit from understanding the full landed costs of inventory, helping optimize stock levels and make informed procurement decisions, ultimately improving overall margins.
Retailers: Gain insights into sales profitability to better manage promotions and discounts.
eCommerce Businesses: Understand the full picture of your logistics and fulfillment costs, allowing you to make smarter decisions on pricing and shipping.

Core Modules

Accurately determine the total cost of goods by incorporating freight, customs, duties, insurance, and any other indirect costs. QMC ensures that your inventory value reflects the actual landed costs, giving you a true understanding of product profitability.

Gain an accurate view of the real costs associated with your sales. Understand the impact of discounts, commissions, delivery costs and other outbound costs of every sale, ensuring you know which products, channels, or customers drive the most value.

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Last updated 3 months ago

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 QMC this entire process is automated.

Advanced Filtering - Determine when costs should be applied to transactions using advanced filtering and criteria. For example

If purchasing inventory from an overseas vendor to the Netherlands using the DDP (Delivered Duty Paid) Incoterm, the vendor will be responsible for all costs (including customs).
However if purchasing using the CIF Incoterm (Cost, Insurance and Freight) the buyer is responsible for handling customs clearance and any import taxes.

Automated Variance Management - QMC automatically identifies and reconciles discrepancies between budgeted and actual costs - minimizing manual intervention and providing accurate financial information

In-Depth Margin Insights - Gain insights into margin at various levels, which 20?? 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.

Who Can Benefit

Our Qloud Margin Control App is valuable for a wide range of businesses.

Wholesale Companies: Improve cost transparency and margin control across multiple product lines. QMC allows wholesale businesses to accurately assign costs across a diverse inventory, helping in price negotiations and maintaining a strong competitive edge.

Logistics and Supply Chain Companies: Get a clearer understanding of end-to-end costs associated with the movement of goods. QMC helps logistics providers allocate costs effectively, optimize routing, and improve profitability through better cost management.

Manufacturers: Get clear visibility into your production and supply chain costs to improve pricing strategies. With QMC, manufacturers can easily identify inefficiencies in their supply chain, track production costs in real time, and adjust pricing to ensure profitability.

Distributors: Benefit from understanding the full landed costs of inventory, helping optimize stock levels and make informed procurement decisions, ultimately improving overall margins.

Retailers: Gain insights into sales profitability to better manage promotions and discounts.

eCommerce Businesses: Understand the full picture of your logistics and fulfillment costs, allowing you to make smarter decisions on pricing and shipping.

Core Modules