Buying Groups and Societies
Improve your efficiency and productivity, enhancing your members experience with the industry’s leading buying group solution.
Provide your members with greater control and efficiency
Sci-Net is a specialist provider of solutions built for buying groups and societies, stockists and cooperatives.
Sci-Net’s Buying Group Solution
Be more efficient with huge time and labour savings with Sci-Net’s Buying Group Solution.
The Sci-Net Buying Group Layer for Microsoft D365 Business Central provides a dual ledger solution that handles member invoices and purchases within one ledger as a single point of reference against suppliers and members, with added document capture and automation provides the ideal solution for any Buying Group.
Our software aims to serve as a centralised platform that enables Buying Groups to access a wealth of information, including purchasing agreements, spend and turnover analysis, contact details, rebate earnings, promotions and offers, price lists, and event information. By providing this single point of reference, your software can help Buying Groups streamline their operations, communicate more effectively, and deliver valuable metrics to their members. Additionally, our software can reduce overhead costs for Buying Groups.
It can also help streamline their purchasing process by managing vendors, orders, and invoices. It allows buyers to view product information, prices, and availability from multiple suppliers in one place, enabling them to make informed purchasing decisions.
Additionally, Dynamics 365 Business Central has features for managing inventory levels and tracking product movements, which can help buying groups optimise their supply chain and reduce costs. It also provides insights into customer behaviour and preferences, which can be used to tailor marketing strategies and increase customer satisfaction.
Improve Your Member Experience
Be more efficient with huge time and labour savings.
DUAL LEDGER ENTRY
Saves vast amounts of time keying in data into the Sales Ledger and you can see both member and vendor ledger details in a single dual ledger transaction and navigate to source documents.
DATA ACCURACY
Outdated ERP software can negatively impact the distribution process in a variety of ways, leading to inefficiencies, and reduced profitability.
OPTIMISED MEMBER ENGAGEMENT
Line-level data capture for analysis. Report back to members on buying trends and market insights. Record and manage interactions with members, set tasks and reminders, improve organisation and respond to members more promptly.
IMPROVED USER EXPERIENCE & PRODUCTIVITY
Role Centre. User-defined home screen, with dashboard appearance providing top-level, live information about the most important issues relevant to that person’s role.
AUTOMATIC IMPORT OF PDF AND EDI PURCHASE INVOICE DATA
The import of data into D365 Business Central replaces the need to manually key in the data from thousands of invoices each month.
Includes Enhanced Functionality
Financial Management Suite
A comprehensive set of financial management tools designed to help businesses manage their financial operations effectively. It includes a range of modules and features that enable businesses to manage their accounting, financial reporting, budgeting, cash flow, and other financial processes.
Automated capture of invoice data
Automatically extracts relevant information from invoices and inputting it into the system; uses advanced optical character recognition (OCR) technology to recognise and extract key data points, such as invoice number, supplier information, invoice date, and line item details.
Process automation and workflow
Enables businesses to automate and streamline their business processes. It involves creating workflows and
sequences of tasks that
need to be performed in a particular
order to accomplish a
business goal or process.
EDI data input where required
Electronically transfers data between trading partners, automating the exchange of documents such as purchase orders, invoices, and shipping notices. It supports different EDI standards and helps eliminate manual data entry, reduce errors, and improve transaction speed and accuracy.
Member Statements
Member statements are financial statements generated for each buying group or cooperative member. This feature automates the process of generating and distributing statements to members, provides real-time access to account activity and allows for the customisation of statement content.
Business Intelligence and Reporting
Power BI provides interactive visualisations and data analytics to connect with various data sources to create custom dashboards and reports. Jet Reports automates financial reporting processes, allowing businesses to pull data from multiple sources and create custom financial statements.
Customer Relationship Management
Aims to improve customer relationships and retention by providing a better understanding of customers’ needs and preferences. Involves collecting, organising, and analysing customer data, such as contact information, purchase history, and communication preferences.
Human Resources and Payroll
Provide tools for managing employee data and compensation respectively. The Human Resources module handles employee data, onboarding, training, and attendance, while the Payroll module calculates and distributes employee compensation, manages payroll tax deductions, and benefits, and generates reports.
Financial Management Suite
A comprehensive set of financial management tools designed to help businesses manage their financial operations effectively. It includes a range of modules and features that enable businesses to manage their accounting, financial reporting, budgeting, cash flow, and other financial processes.
Automated capture of invoice data
Automatically extracts relevant information from invoices and inputting it into the system; uses advanced optical character recognition (OCR) technology to recognise and extract key data points, such as invoice number, supplier information, invoice date, and line item details.
Process automation and workflow
Enables businesses to automate and streamline their business processes. It involves creating workflows and
sequences of tasks that
need to be performed in a particular
order to accomplish a
business goal or process.
EDI data input where required
Electronically transfers data between trading partners, automating the exchange of documents such as purchase orders, invoices, and shipping notices. It supports different EDI standards and helps eliminate manual data entry, reduce errors, and improve transaction speed and accuracy.
Member Statements
Member statements are financial statements generated for each buying group or cooperative member. This feature automates the process of generating and distributing statements to members, provides real-time access to account activity and allows for the customisation of statement content.
Business Intelligence and Reporting
Power BI provides interactive visualisations and data analytics to connect with various data sources to create custom dashboards and reports. Jet Reports automates financial reporting processes, allowing businesses to pull data from multiple sources and create custom financial statements.
Customer Relationship Management
Aims to improve customer relationships and retention by providing a better understanding of customers’ needs and preferences. Involves collecting, organising, and analysing customer data, such as contact information, purchase history, and communication preferences.
Human Resources and Payroll
Provide tools for managing employee data and compensation respectively. The Human Resources module handles employee data, onboarding, training, and attendance, while the Payroll module calculates and distributes employee compensation, manages payroll tax deductions, and benefits, and generates reports.
We Are Proud To Be A Microsoft Gold Certified ERP Partner
Sci-Net is a specialist provider of solutions built for buying groups and societies, stockists, and cooperative.
We’re delighted to have several leading buying groups on our valued list of customers, in industries across general retail, specialist retail, jewellers, furniture retail, fashion retail, farming and janitorial.
We are proud to be a Microsoft Gold Certified ERP Partner with over 400 years of combined experience. Our Meticulous approach to projects and smooth implementation process is backed up by attentive account management and technical support.
Buying Groups And Societies Q and A’s
Dynamics 365 Business Central offers advanced inventory management functionality, enabling buying groups to track inventory levels, optimise stock levels, and reduce stock-outs. The solution provides real-time insights into inventory levels, enabling buyers to make informed decisions about ordering and replenishing stock.
Yes, Dynamics 365 Business Central provides a centralised database of supplier information, enabling buying groups to efficiently manage their suppliers, including supplier onboarding, performance tracking, and contract management. The solution offers real-time insights into supplier performance, enabling buyers to identify opportunities to negotiate better deals with suppliers.
Yes, Dynamics 365 Business Central offers personalisation capabilities that allow buying groups to provide tailored pricing, promotions, and product recommendations based on member preferences and purchase history, improving member loyalty and satisfaction.
Yes, Dynamics 365 Business Central provides mobile access, enabling members to access information and place orders from anywhere at any time. This can increase the convenience and accessibility of the buying group’s services, improving the overall member experience.
Dynamics 365 Business Central provides a centralised database of member information, enabling customer service representatives to quickly and easily access member information and provide personalised support. This can help to improve response times and reduce the need for multiple interactions with customer service.
Dynamics 365 Business Central offers advanced reporting and analytics capabilities, enabling buying groups to monitor procurement performance and identify areas for improvement. The solution provides real-time insights into procurement activities, enabling buyers to make data-driven decisions.
Dynamics 365 Business Central offers robust integration capabilities, enabling it to integrate with other systems and software, such as enterprise resource planning (ERP) systems, customer relationship management (CRM) software, and supply chain management (SCM) systems.
Microsoft offers a range of training and support options for Dynamics 365 Business Central, including online resources, user guides, and training courses. Additionally, Microsoft partners can provide implementation, customisation, and ongoing support services for buying groups.
