Kent, UK (PRWEB) February 15, 2008
Lakeview (http://www.lakeview.co.uk) has greatly enhanced the support for promotions within its LM4 accounting software product to enable promotions to be automatically picked up at the time the sales order is entered.
Dealing with multiple product promotions running across different Customers can be a very time consuming process when dealt with via spreadsheets or a paper based process. Keeping the order price correct and current when having to refer offline to these promotions is also wide open to error almost always resulting in loss of revenue to your business.
Lakeview has greatly enhanced the support for promotions within its LM4 software product to enable promotions to be automatically picked up at the time the sales order is entered. Free stock promotions, such as BOGOF, can be set up in the Lakeview accounting system and can be processed whether as free shipped product or as a credit to the customers account.
Special price promotions are defined with an effective date range, which can be set up ahead of the promotion start. The LM accounting system will then always select the promotional price during this period without any intervention required.
LM also supports retrospective promotions where vouchers or coupon numbers can be entered and the appropriate discount calculated or promotional price applied. The accounting software can also apply any combination of these promotion types to a product at any time.
Customer returns are also managed accurately by the software with the return price reflecting the promotional price that it was sold at to ensure the customer is not credited at the regular price.
The performance of any promotion can be tracked in the system against budget to ensure that volumes, revenues and margin targets are achieved.
More information about Lakeview Software's Sales Order Processing functionality can be found at Lakeview's website http://www.lakeview.co.uk/solutions/sales-marketing/sales-order-processing.
To find out more about how Lakeview business and accounting software can make your business more efficient please do not hesitate to contact Lakeview via the website (http://www.lakeview.co.uk/contact-us).