Update Supplier Price for Products

Automating Cost Management with Real-Time Supplier Pricing

Move desired Supplier to the top and save

Price will automatically update with currency conversion

Once the new Supplier information is saved

Key Features:

• Automatic Supplier Price Updates: The system automatically updates the supplier prices in the product database, ensuring that you always have the latest prices reflected.
• Currency Conversion: The module handles currency conversion seamlessly, allowing for accurate pricing based on real-time exchange rates.
• Real-time Updates on Save: Changes made to supplier pricing are updated immediately upon saving, ensuring that your product costs are always current.
• Error Logging: Any discrepancies or issues encountered during the updating process are logged for easy tracking and resolution.

Advantages of the Module

This module automates the process of updating product costs based on the latest supplier pricing, reducing manual effort and improving financial management. By minimizing the potential for human error, businesses can save time and resources, allowing them to focus on more strategic initiatives. Additionally, the integration of currency conversion capabilities ensures that pricing remains competitive and reflective of current market conditions, facilitating smoother international transactions.

Important Notes

Improved accuracy of costing data: This ensures that the most recent supplier prices are accurately reflected in product costs, enhancing decision-making and budgeting.

Ensure supplier information is up-to-date: Keeping supplier details current is essential to avoid any discrepancies in pricing, which can affect profit margins.

Currency conversion issues may arise: Ensure that the latest exchange rates are available to prevent discrepancies in pricing and maintain accuracy.

Contact Us

If you have any questions or need support, please reach out to us at sales@odoomadeeasy.com.