Knowledge Center
Streamline Your Business: Saving Money with an Internet Company Store
In today's economy, consumers as well as business owners are tightening their belts in order to survive. While households cut corners in daily spending such as grocery bills, energy consumption, and entertainment spending, companies around the country are looking to continue to accomplish their goals while simultaneously making routine processes more efficient.
One venue in which some businesses are streamlining their expenses is in supplies purchasing. Most every department of a firm has a regular need for print, label, or promotional materials, and oftentimes, each department is responsible for satisfying that need. One or more individuals within each section of the company are put in charge of contacting numerous vendors, determining allocation of budget, and keeping record of all associated transactions, just to replenish stock of these items as it becomes sparse.
But why, when efficiency is key to business survival, would a company spend unnecessary time and energy to fulfill such a routine task? That's a good question. At Verified Label & Print, Inc., we take safeguarding our customers' pocketbooks very seriously. That's why we offer our clients a custom internet storefront through which their entire company can do business electronically.
The concept is simple: with an electronic "store" in place, one person at headquarters (not one person from each department) can oversee supplies management for the entire company. Other departments and locations can then access the store to purchase items pre-approved by headquarters. Taking this approach to purchasing can benefit your firm by:
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Pre-Defining Spending Limits: Say "goodbye" to wasteful spending and surprise invoices from vendors. With pre-defined spending limits put in place at your central location, not only is your store manager in control of how much is spent by each branch on what items, but an overall cap can be put in place to control total expenditures.
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Requiring Manager Authorization: The sky's the limit when we design your internet storefront. Want to allow your other locations a little more freedom in purchasing? A little less? No problem. With the option for required manager authorization, you can control what items can be purchased, and what spending can be undertaken with or without an "OK" from headquarters.
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Reporting Usage: Maybe the best tool a business can use to streamline expenses is research of their own spending habits. When your entire firm's supplies are purchase through one central, electronic store, keeping track is a snap. With the ability to prepare detailed reports on the spending habits of each department or location, our electronic storefront keeps you on top of your allocations.
We all need a little help to whether this new economy. Letting you work smarter, not harder, is out way of doing just that.
