The Consignment Module in Focal Suite streamlines the creation and management of consignment agreements. Users can easily generate customized agreements with detailed terms, pricing structures, commission rates, and inventory specifications. This centralized platform ensures consistency and accuracy across consignment partnerships, fostering stronger relationships and minimizing dispute risks.

With the Consignment Module, businesses can track and manage consigned inventory effectively. The platform offers robust tools for monitoring stock levels in real time, viewing inventory movements, tracking sales transactions, and reconciling inventory. This visibility helps optimize inventory levels, prevent stockouts or overstocks, and enhance overall inventory management efficiency.

The Consignment Module automates sales and settlement processes, saving time and resources. Users can record sales transactions, capturing details such as dates, quantities, and revenue. The module calculates commissions and settlements automatically based on predefined structures, reducing manual calculations and minimizing errors. This automation ensures timely and accurate payments to partners, enhancing operational efficiency.

Focal Suite’s Consignment Module provides detailed reporting and analysis on consignment operations. Users can generate reports on sales, inventory levels, commissions, and profitability. These insights into sales trends, inventory turnover, and agreement effectiveness enable informed decision-making, helping businesses optimize strategies for greater profitability.

The Consignment Module promotes collaboration and transparency with consignment partners. It offers a centralized repository for all consignment information, allowing easy access to real-time inventory levels, sales performance, and commission payouts. This transparency fosters trust, enhances communication, and strengthens partnerships, driving mutual success.