The Customer: Trackimo
Trackimo™ is a U.S. based IoT (Internet of Things) solution provider with proprietary technology, enabling worldwide connectivity for M2M (Machine to Machine) devices. Trackimo aspires to transform business models through the development of customizable radio frequency mobile technology solutions that are easy to implement and are user friendly, used globally with enhanced security and reliability.
Trackimo’s goal is to transform business models and improve user daily lives through the development of products that provide peace of mind, fast ROI and efficient, leading edge technology.
The Customer’s Problem
“Trackimo were tracking around 100 orders per day, & 1000 orders per month in different platforms, so they find it difficult to determine which product with the highest value & the best sellers to decide the percentage of advertising & marketing appropriately, as a result of this they don’t have full insight to determine the profit or loss factor.”
Trackimo were looking for opportunities to improve their internal processes, reducing errors and speeding up order processing. They wanted to be able to more easily manage their multiple sales channels, services and interfaces they had to switch between just to process an individual order. Given the nature of their industry, they were also keen to find a better way of managing pre-orders; taking payment, recording details, and processing orders. Another complaint was faced Trackimo were accounting in payment gateways such as PayPal, amazon, tracing accounting Data, Shipping & Tax Requirements.
So that accounting and inventory management software need to work together seamlessly to understand the true cost of inventory in order to report accurately on profit, & loss.
The solution is simply to integrate all data that comes into different inventories in one place to control the level of items & quantities across different fulfillment channels.
Here are some of the features that SellEnvo provides to help Trackimo:
- Provides an extensive warehousing system allowing them to manage their large amounts of stock with a high level of accuracy.
- Reporting and accounting to manage information associated with different platforms.
- Direct integration with top couriers such as FBA to ensure goods are quickly and reliably shipped.
- An accounting system that integrates seamlessly with Trackimo inventory and order management. Automate their invoicing and gain greater visibility over costs, profits, &loss.
- Export their data to Excel or other accounting programs.
Benefits/Value to the Customer
“SellEnvo has easily allowed us to increase the company’s revenue that we might not have been able to capture due to running out of inventory, or not having high-level visibility of our inventory, & focus on the most important items that are sold to achieve the largest profit from advertising.”
SellEnvo allows them to have a much clearer view of where their sales stand and have greater control over stock numbers. This reduces the risk of ordering too much or too little products. By keeping closer control over their sales & focus their stock-taking around the bestseller and highest value items.