While Cin7 excels at managing your inventory, you may need to raise your game to turn the nays into yays, to close more deals and retain more clients.
We can think of four powerful ways to supercharge your inventory management system with a business intelligence tool that won’t break your head or the bank.
The wealth of data flowing through your business is your foundation for efficiency, productivity and profitability. With the business of tracking in hand, what challenges remain after Cin7 has done what Cin7 does best?
That’s four challenges that need four practical business intelligence (BI) solutions to enhance your Cin7 functionalities, and optimize how you manage your inventory.
The scenario: You’ve got lots of data but no actual intelligence because the systems that run your business don’t speak to each other.
Different software tools generating individual reports is fine. But not sharing data across interrelated parts of the business is a massive disconnect. It creates gaps in your insights. When your tools don’t speak to each other, there’s no blended view of all the factors that impact your bottom line.
In the event that you migrate to a new software system, legacy data can become a thorn in your side. Data migration is a costly, messy business. Sometimes data goes missing; sometimes you chase your own tail looking for it. You end up with inaccurate insights, which invariably leads to poor decision-making.
With over 25 software integrations ready to use in Wink, straight out the box, you can effortlessly connect the software you already use. This includes historical data retrieval. It means you can recreate almost any report or dashboard that you’ve got in your legacy system. Those legacy reports can be real deal breakers if you don’t have them. Wink helps you turn them into deal makers.
Our merge reports function will help you blend various data sources from across your business into powerful reports. You’ll be able to identify trends and patterns where performance can improve and learn from areas where you’ve performed well.
Don’t take our word for it. As one user commented after connecting to Wink:
I was just astounded at how easy it integrated [with our existing tools]
The scenario: Your data is complex, all over the place, and takes too much time and effort to access…
Operational, financial, marketing, sales, and multi-location data sitting in silos is not conducive to making informed business decisions. What should be an asset, becomes impractical and cumbersome to manage.
With multi-organizational reporting enabled across large geographies, you can say yes to more clients and close more deals. All your data accessible in one place creates a single, central source of truth that everyone in your company can conveniently and confidently consult.
It visualizes your data analytics in graphs, charts and reports, displayed in user-friendly BI dashboards. Ask specific questions and the system does the necessary calculations for you, at digital speed. You’ll get a comprehensive overview of your business performance that is dynamic and always up to date. Use the insights to cash in on opportunities and identify risks before they bite.
As another Wink user gushed:
Only software I’ve found that pulls live data from a field service and accounting program
The scenario: Static, outdated data distorts the analytics and cannot tell you what you most need to know right now.
The frustration of software that doesn’t deliver the reports you need when you need them is real. It happens when your reporting functionality lacks the flexibility and advanced analytics to solve the exact problems you have. You face down volumes of data, fingers crossed that it will be easy to export to Excel. Meanwhile, each manual data import action you take is at risk of error and link breakage. By the time you’re done running a manual report, the data is already out of date! Take your Cost of Goods Sold (COGS), for example, which serves as an important guide for you to reduce certain costs. You can’t risk any errors with those time-sensitive calculations. Cin7 can help you track your COGS; Wink will take care of the calculations and help you generate more accurate COGS reporting.
In fact, you’ll leap all the barriers between real-time data and BI with super flexible, spreadsheet-style reports in Wink. Just grab them off the shelf or fully customize reports to your specifications, and keep your finger on the pulse of critical numbers like sales, inventory and cash flow. We call that supercharging your decision-making from a place of accuracy.
On the impact of real-time insights on pricing strategy, our partners in inventory management nailed it:
If you don’t know your COGS, you are honestly just guessing…
The scenario: You’d rather spend your time on activities that move the business forward but your workflow demands won’t allow it.
Sharing real-time insights across business units, internal teams, logistical partners and suppliers makes the data work even harder for you. Two problems come to mind: the effort and time it takes to get relevant insights to the folks that need them; the failure caused by not communicating those insights.
Wink’s omni-channel automations beat manual, repetitive tasks. The latter invites human error and drags down efficiency while the former reduces error and boosts efficiency. Imagine sharing reports and dashboards with stakeholders wherever they are. Set up a notification schedule in Wink to send the link via email, SMS, WhatApp, or Slack, and then forget about it. In fact, wherever data drives a task, you can automate it, like emailing fulfillment as new orders come in, creating follow-up tasks, notifications, etc.
What about your service level agreement (SLA) tracking for order fulfillment in Cin7? Wink synchronizes your SLAs, so you’re sharing timely, valuable insights into performance and accountability, and learning what adjustments to make to keep improving service levels. You’ll be able to identify trends, areas for improvement and any recurring issues, generating and sharing reports at the frequency that best works for you.
This Wink user put it simply:
Wink’s scheduled reports keep our team on top of sales and product movement.
We reckon you do enough heavy lifting. We are inventory specialists too, but with advanced analytics know-how. It’s time you met our heavy-hitting SaaS Swiss Army knife and used it to cut through the fluff and waste and repetition and error that come with reporting on all things inventory.
The facts on the table
From getting your software tools talking to each other to generating the reports you really need to having all your essential business numbers visualized in one place, up-to-date and easy to share, with supercharged inventory reporting you’ll score time and cost savings from day one!
The Wink-Cin7 solution in numbers
Wink Reports partners with Cin7 to help businesses like yours achieve next-level results with advanced analytics. As some users have reported, and for your information: