Landed cost tracking is a crucial aspect of managing the finances of an importing or global trading business. It involves calculating the total cost of a product once it has landed at the port of entry, including all expenses such as freight, insurance, customs duties, and other miscellaneous fees. Having an accurate landed cost calculation is essential for determining the true cost of goods sold, pricing products correctly, and making informed purchasing decisions.
One of the key features of Visco software is its ability to accurately calculate landed costs for each item on a shipment. The system is designed specifically for importing and global trading companies and understands the unique needs of this industry. With Visco, businesses can easily track and calculate landed costs for each item, giving them a clear understanding of the true cost of goods sold.
In addition to landed cost tracking, Visco also offers other financial benefits for import and export businesses. The system includes profitability analysis at the transaction level, allowing businesses to quickly and easily identify which products are most profitable. It also has customizable financial reports that can be tailored to the specific needs of the company.
Another important feature of Visco is its integration with QuickBooks. For businesses currently using QuickBooks for accounting, Visco seamlessly integrates with the system, automatically feeding all accounting information into QuickBooks. This eliminates the need for manual data entry and ensures that the financial information is always up-to-date and accurate.
Visco also offers many other features that are designed to improve the efficiency and productivity of import and export businesses. For example, the system has automated container tracking, which updates the status and shipping dates of containers in real-time. This feature also sends automated email notifications if a shipment is delayed, ensuring that businesses are always aware of any potential issues.
In addition to container tracking, Visco also has inventory forecasting and planning tools. These tools are built with the understanding that it takes time for production and shipping from overseas, and they help businesses plan and forecast inventory needs. This ensures that businesses always have the right amount of inventory on hand, without overstocking or running out.
Visco is also cloud-based and has a mobile app, which allows sales reps to access inventory and order history from their phones. This feature is especially useful for sales reps who are on the road, as they can place orders directly in the app and check inventory availability in real-time.
Overall, Visco offers a comprehensive solution for import and export businesses, with a range of features that are specifically designed to improve efficiency and profitability. The system's ability to accurately calculate landed costs and integrate with QuickBooks is especially valuable for businesses looking to stay on top of their finances. With Visco, businesses can take their operations to the next level and fast track their success.
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