Solutions

Bizio for importers

Know what the container really cost, per unit

You pay the supplier in one currency, freight and duty in another, and sell in a third. Bizio holds the purchase order, what actually arrived, what you were billed and what it cost you landed, so the unit cost you price against is the one you paid.

Sound familiar?

  • The real per-unit cost of a container is unknown until the freight and duty invoices turn up weeks later
  • The supplier invoice does not match what actually came off the pallet
  • The rate moved between the purchase order and the payment, and nobody can say where the difference went
  • Stock is sitting in three warehouses and the spreadsheet only knows the total

How Bizio helps

  • Purchase orders in the supplier's currency, with the rate recorded on the document
  • Goods receipt records what actually arrived, line by line
  • The supplier bill is matched against the order and the receipt before anyone approves it
  • Freight, duty and handling land on the goods as landed cost, so the unit cost is the real one
  • Quantities per warehouse, with lot, batch or serial numbers where you need to trace them
  • Exchange differences post to the ledger instead of being written off at the end of the year