Distributor Management System(DMS) are software application that manage the core front office business activities from sales order processing, purchasing and inventory management through to financial accounting.
Unlike ERP and/or MRP application, the DMS has long standing roots in distribution, and therefore provide a much higher degree of functionality specific to need of distribution companies.
According to Wikipedia, A Distribution Management System (DMS) is a collection of applications designed to monitor & control the entire distribution network efficiently and reliably. It acts as a decision support system to assist the control room and field operating personnel with the monitoring and control of the electric distribution system.
Why DMS ?
To know the exact movement of Stock throughout the Distribution Channel (like Closing stock, Fast-Medium-Slow Moving Product, etc.).
To know the Assets and Liabilities of a channel partner for a Brand (Stock, Debtors, Creditors).
To Understand the Payable & Receivable which will give ready ROI of channel partner at any given point of time.
Timely Recording of the transaction.
To get accurate data with less manpower for Back office work
Simply the financial Recording at Channel partners’ end.
Above are the few benefits of DMS. However, the part of Decision making tool from Brand’s End we have kept it apart.
Why Brand Need it ?
It has no tool to vouch the data given by the Channel partner.
There is no certain & unique method of getting the data of distribution and even if we get it consumes lots of time to convert the same into MIS which again consume manpower.
Still it has to do manual work and vouching which system don’t want rather.
There is no system for tracking of the benefits which are passing to Channel partner by Brand and many more.
How BILLINK can solve the same ?
Billink is the system of Accounting which provides virtual Accountants.
Billink has capacity to record the all transaction of Financial Accounting i.e. Purchase, Sale, Receipt, Payment and Expenses.
It requires only to enter one end’s transaction the other end’s transaction get booked by system only.
Moreover it’s a cloud based and user based system where you can define the user functionalities.
It can easily sync the data with Tally.ERP which channel partner don’t need to book the entire transaction again in the general system used by large numbers.
What does Billink Contain ?
Cloud based System
User Based System
Purchase, Sale, Payment, Receipt, Debit Note, Credit Note, Expenses
Log & Status of Each Entry.
Can Save document Virtually for each and every transaction & even masters too.
Single person can handle many company and vice versa.