Streamlining Sales with ERP CRM Integration

Many companies use separate ERP and CRM systems to manage sales to their end customers. It’s not uncommon for them to rely on CRM systems like Dynamics CRM, resulting in data that exists entirely outside of their ERP.  The Challenge: Complex Pricing Needs  Recently,...

Could Usage-Based Pricing Replace Subscription Pricing for Technology Companies?

Technology companies offer their customers a product as a service. Typically, they choose a fixed-price strategy, whether that’s tiered or subscription. However, research has shown promising results when technology companies switch from subscription- to usage-based...

How to Track Multiple Sales Discounts to Different GL Accounts in Accounting

Picture this – the sales managers are offering 15% off electronics and computers on top of bonus discounts if they pay early. Plus, the sales managers receive a commission when they sell a product over $1,000. For accountants, one question comes to mind: how will I...

How to Change Wholesale Prices During Inflation

Did you know that the cost of living is the highest it has been in 40 years? Thank you, inflation! The U.S. Bureau of Labor Statistics (BLS for short) reported the producer price index to have increased 0.4% in September from August, and it doesn’t look like it’s...

The Best Retail Pricing Software to Handle Holiday Sales

Christmas is the biggest holiday in terms of spending, which explains why retailers rely on the fourth quarter to drive their profits. According to Consumer Decisions, Americans spent over $707 billion in retail sales between November 1st and December 31st in 2021....