Trading with major countries like the US, China, UK and Germany, Pakistan’s trading industry has contributed largely to the country’s economy. According to the reports, Trade (% of GDP) in Pakistan was reported at 28.1 % in 2023. 

As more developmental projects are being introduced, the industry is becoming vast. To be able to compete in such a vast market and to make their businesses more profitable, Pakistan’s trade business owners and managers should consider managing the business with the help of the trading management software. 

ERP softwares like Corbis Soft trading management software, offer business specific features and services which ensure efficient workflows and optimized operations for your trading business. Some of the features of our trading management software are discussed in this article.  

Purchase

ERP softwares allows managing a purchase application, also known as the procurement module. Through this module the user can manage the purchases business makes from various vendors that business deals with, for manufacturing of products that are to be sold e.g purchasing raw material. 

This software allows automated operations like preparing requisitions, requesting quotes from the appropriate sellers, which once accepted are then processed as purchase orders. After the PO has been completed the module then allows invoice generation and when the order is received it automatically updates the inventory levels. 

Sales

Trading management software allows enhanced sales operations with streamlined processes, insightful analytics, and dynamic tools. Some key features provided in the sales module include drafting sales quotations, sending automated email confirmations to customers on sales order, managing application of discounts and coupons and integrating supply chain management tasks to ensure efficient and safe shipping etc. This module offers seamless workflows in e-commerce and online retail businesses.

Accounts & Finance

The accounts and finance application allows overseeing basic functions like managing balance sheets, tax statements and payment receipts. The software also allows streamline work processes by automating arduous business functions like transactions, tracking cash flows, generating monthly/yearly reports and managing general ledgers. 

Contracts

Trading management software also allows preparing strategic procurement contracts and sales contracts with powerful reporting to manage the deals with the vendors and the customers. 

Inventory Management

Inventory management software allows multi level inventory control for trading business owners. It allows better recording of current or incoming inventory, multi warehouse provision for distributed regions and timely knowledge about stockouts and delays. These reports ensure businesses efficiency by integrating various departments like sales, purchase, supply chain and CRM. 

Robust Reporting

The most powerful tool trading management software offers is generating strategic and insightful reports with the data and summaries from every module to show the overall picture and the real time updates of the business within no time. These reports allow managers and owners to make informed decisions for the future business prospects and to navigate the way through the competing markets. 

Elevate Your Business With Corbis Soft 

Corbis Soft provides features like purchase and sales module, inventory management module and accounts and finance applications that allow strategic business plannings, optimized operations and seamless workflows, which ultimately helps elevate your trading  business in a way that makes it competitive in the national and international market as well.