Landed costs management

Advanced and flexible solution for landed costs management

Not so long ago, the landed costs were just one insignificant line among voluminous general expenses. Today, businesses have been expanding globally, and international sales are rapidly growing. Thus, the importance of landed costs is continuously increasing.

Improve accuracy and save time with an enhanced solution for landed costs management

Undoubtedly, landed costs management has a growing impact on companies’ financial results. Although, the allocation of landed costs is usually time-consuming and exhausting.

To help the companies solve these issues, we have designed an enhanced solution for the landed costs management. Following Dynamics 365 for Finance and Operations terminology, the functionality is called miscellaneous charges.

Unveil full potential of necessary functionalities

The solution is enriched with functionalities necessary for precise and easy landed costs management. Meantworthy, the standard Dynamics 365 FO functionality is missing it. The flexible filters allow for precise selection of the lines to be allocated. Additionally, you may choose the allocation method. Finally, a simple and convenient reversal of landed costs is also allowed. Note that the standard functionality is missing this option at all.

The more invoices you have, the more you save

We have measured the “before” and “after” metrics for a typical charge allocation process. Apparently, the more invoices you have – the more you save. Moreover, you can accelerate the allocation of landed costs by 25 times, and reverse – more than 200 times! Basically, it only depends on the number of purchase invoices.

BENEFITS

Time saving

Flexible

Easy editing

High accuracy

Optimal Allocation

Allocation of 1 landed cost invoice
Time taken for... Dynamics 365 Standard GO-ERP Solution
100 purchase invoices ~ 3 hours ~ 10 mins
500 purchase invoices 17 hours ~ 40 mins
Reverse allocation of 1 landed cost invoice
Time taken for... Dynamics 365 Standard GO-ERP Solution
100 purchase invoices ~ 5 hours ~ 2 mins
500 purchase invoices 17 hours ~ 5 mins

Compare our solution capabilities with standard Dynamics 365 FO functionality

Functionality GO-ERP Solution Standard Functionality
Allocation of miscellaneous charges:
--- to the amount of items, total amount, single vendor's invoice
--- in equal parts for each invoice line
Single charge across multiple invoices 1 Click as many steps as invoices
Automated creation of misc. charges entries
Purchase order, vendor invoice, vendor invoice journal, general journal
Invoice register -> Invoice approval journal
Vendor invoice pool excluding posting details -> Invoice journal
Manual creation of misc. charges entries
Modelling of allocation of misc. charges
Manual editing of allocated misc. charges before posting
Partial allocation of misc. charges, unallocated amount is visible
Automated reversal of misc. charges
Allocation of misc. charges on a sales invoice
Audit trail report with detailed transaction information
Risk of failing to allocate misc. charges in full very low average
Possibility of human error very low high
Speed of allocation of misc. charges across multiple invoices very fast very slow
Traceability of misc. charges posted easy complicated
Error correction after posting simple time consuming

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