How Agriculture Retailers are Streamlining Pricing with Levridge
Historically, ag retailers have had to juggle and comb through multiple spreadsheets or sources of information to find pricing information for each commodity and each customer. Trying to determine sales prices and applicable discounts for each individual customer, all while keeping an eye on sales and profit margins, can be a difficult and daunting task that is error prone, inefficient, and time consuming.
With a complete end-to-end software solution like Levridge and Dynamics 365, ag retailers are ditching paper and spreadsheets and becoming proactive in their approach to customers and businesses. In a time of uncertainty in the agriculture markets when profits are shrinking, there is nothing more important than cutting out inefficiencies and streamlining processes. With Levridge, you’ll see an immediate reduction, or even elimination, of rebilling and customer credits – saving you time and freeing up your resources to focus on strategic planning. Additionally, you’ll be able to strengthen your relationship and increase the satisfaction of your growers.
Using Levridge, built on Dynamics 365, you can better manage pricing and discounts across your organization. The product list within the system allows users to view, manage and sort through the entire released product list and drill down into each one for specific details.
Once you have drilled into an item, you can view all trade agreements, terms of payment, methods of payment, specific pricing, vendor zone pricing, and more.
Additionally, you can toggle on a volume pricing feature that will automatically analyze the quantity of each product your customer has purchased over the last growing season and generate a discounted pricing list accordingly. This removes all manual processes and calculations for discounts that many agronomists are faced with managing today.
As a sales order is entered, the system automatically pulls in accurate pricing information. That data then flows directly to Dynamics 365 Customer Engagement (CRM), giving your sales team immediate information on their grower customers. The sales team has the ability to enter in additional discounts manually that they may have negotiated on a case-by-case basis. The workflow within the system can be set to trigger management approvals for specific discounts or customers, or can be set to auto-approve.
Once the discount is accepted within the system, the data flows back into the finance module for invoicing.
This connected system ensures that from sales to the agronomist and financial team – everyone has access the same exact real-time information, and each department has the ability to independently make changes and updates.
Levridge is changing the way that ag retailers manage their business. Learn how you can streamline your business and increase your bottom line with Levridge – reach out to us today.