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Unlocking $35,073.61 in Hidden Profits, SellerVue Transforms Nick’s Business Financials.

Nick had no idea how much money he was leaving on the table until he partnered with SellerVue. After diving into his cost tracking and financial processes, the results were astounding. SellerVue uncovered an impressive $35,073.61 in hidden profits that had been overlooked. Nick’s accountant and bookkeeper were amazed at the transformation, and Nick now refers to SellerVue as a "game-changer" for his business. With his newfound profits, Nick is poised to take his business to the next level, thanks to SellerVue's expert insight and support.

2.43%

Profit Margin Increase

$35,073.61

Increased Profit

3.5x

Potential Sales Multiple

$122,757.63

Potential Valuation Increase

The Challenge

Nick, a business owner with a growing enterprise, was eager to improve his profit margins and enhance his overall financial performance. Despite his success, Nick faced a significant challenge: he wasn’t entirely sure how much money he was leaving on the table due to inefficiencies in his cost tracking. With inaccurate or incomplete cost data, Nick had no way to clearly identify where his profits were being eroded or how to make better financial decisions for his business. Understanding his true costs was crucial, but he wasn’t sure how to tackle the problem.

Our Approach

To address Nick’s challenge, we began with an in-depth audit of his cost structure. Our initial goal was to establish an accurate Cost Per Unit by analyzing the last received cost for each product. This involved reviewing vendor invoices, shipping records, and manufacturing costs to ensure every element was accounted for. We also removed non-recurring expenses that were artificially inflating his costs, giving Nick a cleaner view of his regular operating expenses.

Additionally, our review extended to assessing his supply chain, shipping practices, and pricing strategies. By analyzing his freight invoices, Harmonized System (HS) codes, and duty rates, we ensured that Nick wasn’t overpaying on import duties, which can stealthily eat into profits. We also reviewed his vendor contracts, negotiating better terms with suppliers and exploring alternative suppliers and service providers to further optimize his operational costs.

The Outcome

The results of our approach were remarkable. Through our comprehensive analysis, we uncovered $35,073.61 in previously hidden profits, representing a significant improvement in Nick’s business financials. His accountant and bookkeeper were astonished by the newfound profitability, and Nick himself called SellerVue an "incredible asset" to his business. Not only did this discovery boost his profit margins, but it also put Nick in a stronger financial position to reinvest in growth and innovation.

The Takeaway

Nick’s experience highlights the transformative power of understanding your true cost structure. By conducting a detailed analysis and making strategic adjustments, Nick was able to unlock hidden value in his business that he hadn’t even realized was there. For any business owner looking to enhance profitability and streamline operations, Nick’s story shows that even seemingly small inefficiencies can add up to substantial financial gains. Whether you’re trying to improve margins or prepare for future growth, a thorough examination of your costs is essential to maximizing business success.

How COGS Tracking works
Get better clarity into your COGS

With SellerVue, you have everything your business needs to stay organized all in one central place, without multiple spreadsheets. Using the Invoice Manager, you can store digital copies of supplier and shipping invoices, and keep supplier contact information at your fingertips.

Calculate what your business could be losing annually without accurate cost management.

WHO IS THIS FOR

SHOPIFY, AMAZON, ETSY, WALMART, EBAY, TIKTOK...

Powerful Features to Optimize Costs, Streamline Operations, and Maximize Profitability

📄 Create a Purchase Order

Streamline Your Procurement Process Effortlessly initiate your purchasing journey by creating a detailed purchase order (PO). Our platform helps you specify quantities, product details, and supplier information for a smooth start.

🧾 Receive the Invoice

Stay Organized with Automated Invoicing After confirming your purchase order, receive and manage your supplier’s invoice. Easily keep track of invoices and documents to avoid payment delays and streamline accounting.

💸 Invoice Paid

Simplify Your Payments Quickly and efficiently process invoice payments, keeping your cash flow in check and your suppliers satisfied. Track every transaction in one place.

🏭 Production Begins

Kickstart Production with Confidence Once your payment is made, production begins. Our system ensures that materials and schedules are aligned for a smooth manufacturing process.

✅ Production Complete

Celebrate Milestones with Completed Production Once production is complete, you will be notified. Stay informed throughout the process to ensure all timelines and quality standards are met.

⏳ Production Lead Time Captured

Production Lead Time Captured ⏳ Analyze and Optimize Lead Times Automatically capture production lead times to help improve planning. Use our analytics to assess production efficiency and enhance scheduling for future orders.

📊 Total Lead Time of Goods

Gain Insights into Total Lead Time Monitor the total lead time from production to delivery. Our system captures data at each stage, enabling you to identify bottlenecks and optimize operations for faster delivery.

🚚 Create a Shipment Plan

Plan Shipments with Precision Easily create a shipment plan tailored to your needs. Coordinate with shipping providers and track shipments at every stage to ensure timely delivery.

📩 Request a Quote

Get Competitive Shipping Quotes Request quotes from multiple shipping carriers directly through our platform. Compare options side-by-side to find the best rates for your shipment.

📦 Select Shipping Carrier

Choose the Best Shipping Partner Select the optimal carrier based on cost, delivery speed, and reliability. Our system helps you make informed decisions to reduce shipping costs and ensure on-time delivery.

🌍 Goods in Transit

Track Your Shipments in Real-Time Stay updated on your goods’ journey with real-time tracking. Know exactly where your shipment is at any given time and when it will arrive.

💳 Receive and Pay the Shipping Invoice

Streamline Shipping Payments Once the goods are delivered, receive and pay the shipping invoice effortlessly. Keep all shipping costs organized and ensure prompt payments for smoother logistics.

📥 Goods Received

Confirm Receipt of Goods When your goods arrive, promptly confirm their receipt. Our system logs the details to ensure inventory is updated, preventing discrepancies.

📦 Goods Added to Inventory

Enhance Inventory Management Easily add received goods to your inventory. Accurate inventory management helps you keep track of stock levels, preventing stockouts or overstocking.

📊 Stock Values Calculated (FIFO)

Optimize Your Inventory Valuation Use the First In, First Out (FIFO) method to calculate stock values. Our platform ensures accurate financial reporting and effective inventory management.

"Our biggest win after working with SellerVue"

Our biggest win after working with SellerVue has been being able to make smarter decisions based on the accurate information. We are planning to sell our business next year, so there’s a huge weight lifted off my shoulders knowing that we are in a great position to maximise cashflow and increase our valuation.

Chloe Morgan
AMAZON PRIVATE LABEL SELLER

"They found an extra $35,000 in profit."

My Broker referred me to SellerVue, as my per SKU unit costs were an absolute mess. Literally within days all my costs were perfectly organised and they found an extra $35,000 in profit. That is an extra $131,250 on my business valuation. Very unexpected. I'm super impressed.

Tony Madden
FBA & SHOPIFY SELLER

"I didn't realize how much money I was losing!"

All I can say is that I wish we had found out about SellerVue years ago. My accountant & bookkeeper say they can't live without them (and me too). I didn't realize how much money I was leaving on the table until I started working with them, they're an incredible asset to my business.

Rachel Rose
FBA & SHOPIFY SELLER

"It’s made my life so much easier!"

The best thing is that I'm no longer getting emails from my Accountant and Bookkeeper asking me to up date my product unit costs. They can literally just go get it themselves. Plus, I know everything is accurate and up-to-date without the back-and-forth.Now that is a win!

Beth Anderson
FBA & ETSY SELLER

"Profitability is increasing the gap between revenue and expenses. A well-managed supply chain not only

reduces costs but also ensures timely deliveries, minimizes waste,

and maximizes margins."

Who's it for?

Our solution is perfect for sellers looking to optimize cash flow with efficient supply chain management and accountants needing precise data for streamlined financial reporting.

Turn Paperwork Into Profit

Maximize your margins, minimize your effort with precise ecommerce cost accounting.

  • Automated cost calculations

  • Cloud based data

  • Real time & accurate cost per units

  • Fast and efficient automated solution

  • Save hours on your monthly bookkeeping

I'm a Seller...

As an e-commerce seller, the time you spend on bookkeeping could be more effectively utilized for adding new products instead.

I'm an Accountant...

As an accountant, precision is paramount. However, tracking sellers’ cost data can often be a laborious task, with no guarantee of its accuracy.

SellerVue is a supply chain management software for eCommerce sellers. It streamlines purchase orders, tracks costs, manages shipments, and uncovers hidden expenses to boost profitability. By automating calculations and providing real-time insights, SellerVue helps sellers and accountants optimize operations and drive business growth.

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