Supplier Management Software in Bangladesh
Think back to the time you had to sort through pages and pages of your purchase slip forms to determine just how much you owe a particular vendor. The reason why purchases, payments, and returns move as fast as they do make it difficult to track everything down through notebooks, individual receipts, and your memory. You end up making some tiny errors that become costly as an overpayment here and missed payment date there, and a return dispute. It is all in the need that supplier management software in Bangladesh caters to. With Ehishab, you will have all your purchases and what you owe a particular vendor recorded systematically, including your return policies. Ehishab supplier management software has been designed specifically for the retail, wholesale and trading businesses in Bangladesh.
Supplier Management Software Definition
Supplier management software refers to an electronic application which helps to store all information concerning your vendors. That includes purchase orders, received items, paid dues, outstanding dues and returned orders. No need to have ledgers with papers or keep count in your head – everything is gathered in one place where you can easily find everything you need. Good supplier management software will not only show you who delivers orders in time and provides high-quality products, but also help to identify where your purchase costs go. In Bangladesh, where credit terms are quite flexible and disputes about dues are quite a problem, such program will help to keep your money safe and relationships good.
Why Supplier Management Software Is Needed in Bangladesh
The majority of businesses in Bangladesh use traditional methods to keep control over their supplier purchases, such as a register written by hand, challans or even some notes on your mobile device. It can work well for small shops with one or two vendors, but does not suit well for big businesses. Here is how your life changes with the help of supplier management software.
Unorganized Records of Purchases & Payments
When purchases occur scattered among various notebooks, it is difficult to keep track of exactly what was ordered, what was received, and what was paid. All purchases orders and payments are kept connected in a single supplier ledger by Ehishab so that no information will be missed or overlooked.
Late Payments & Disputes Over Payments
The lack of organized information about your obligations toward your suppliers makes it easy to miss your payments, develop bad relationships or face disputes over unpaid amounts. The Ehishab supplier ledger provides precise information regarding the amount due to the supplier, when it should be paid, and to whom so that disputes and delays are not common anymore.
Insufficient Tracking of Vendor Performance
Not all vendors provide the same quality products and services. However, without tracking the time of deliveries, product issues, and the number of returned items, it is impossible to understand whether it is necessary to maintain business relations with particular vendor or not. Purchase and returns history gives you the necessary information for making this decision.
Re-ordering Based on Assumptions
Re-ordering can be difficult and require re-negotiation when you do not have the exact information about previous purchases and their results. Having well-organized supplier records, re-ordering becomes easier and more effective.
Supplier Management System Features in Ehishab
Ehishab was created with an understanding of how real-life business in Bangladesh manages its suppliers, including informal terms of credit, frequent purchases in small volumes, and the desire to have all explanations made in Bangla rather than confusing spreadsheets. Below is a list of what it does.
Centralized Supplier Ledger
All the information about purchases, payments, and outstanding dues to a particular supplier will be in a centralized ledger. With it, you will always be able to check your current situation with any supplier without browsing through receipts anymore.
Purchase Order and Receiving Management
You will be able to record your orders, their delivery, and mismatches in them. Ehishab will connect these purchase records to your stock, and your receiving of these goods will update your inventory instantly.
Supplier Returns and Payment Reconciliation
You will be able to record and handle your supplier returns and refunds with ease. All the payments will be reconciled automatically in relation to your purchases, thus keeping your supplier balances in check.
Vendor-wise Purchases and Outstanding Dues Reports
Your purchases and outstanding dues reports will be vendor-wise in Ehishab, helping you to plan and negotiate better terms, and identifying which suppliers cost you money, and which deliver value.
Mobile App and Cloud Storage
Check your supplier balances, purchases history, and due payments from your mobile app, whether you’re sitting in your shop or visiting a supplier in his warehouse. Your data will be stored in the cloud.
Bangla Language and Local Support
Ehishab understands that you are a business owner from Bangladesh, and therefore it provides you with a user-friendly application and local customer service.
Who Is Allowed to Use Ehishab’s Supplier Management Software?
Ehishab’s supplier management software is flexible and capable enough to be used by various kinds of businesses throughout Bangladesh such as:
Retail shops and superstores handling many suppliers regularly
Wholesalers and distributors handling bulk purchases and vendor credit conditions
Trading companies keeping track of supplier payments and shipments
Pharmacies and hardware shops having to order stock frequently from different vendors
Restaurants and cafés keeping track of their ingredient suppliers and schedules
Small scale manufacturing businesses handling raw material suppliers and costs
Why Is Ehishab Superior to Manual Supplier Tracking?
Despite being manual, supplier purchases have been tracked by many small scale businesses in Bangladesh through handwritten ledgers or loose paper receipts and it is fine but only until there are too many suppliers and transactions for anyone to handle without depending on their memory. Manual tracking is not automatic and cannot do calculations related to amount due from the purchaser, cannot remind about any overdue payments and everything depends entirely on correct documentation of every purchase and payment. Lack of documentation can cause disputes between the purchaser and the vendor about bills or due payments which the purchaser was unaware of. In such case, Ehishab solves this problem of manual system as all records of suppliers, purchases and payments are stored in an automated ledger and is accessible to everyone from the same time.
Supplier Management Software’s Pricing Information
Ehishab provides flexible pricing packages for business houses of various sizes — whether you are a small scale single shop with few regular suppliers or a wholesale company with multi-branches handling many suppliers, Ehishab can provide you with an appropriate pricing package according to your need and can even allow you to scale it up when required. To get exact and updated information on prices for your particular business, please call 01780504501 or book a demo.
How To Begin With Ehishab
Just make a phone call to 01780504501 or visit ehishab.com for a free demo.
Inform us about your type of business, vendor count, and purchase volumes.
Then receive a guided tour of the supplier ledger and purchase tracking functions most relevant to your business.
Import your existing supplier information and start working right away – most small businesses are operational in a few days.
FAQ About Supplier Management Software In Bangladesh
Q1. Which supplier management software is best for small business in Bangladesh?
For small to mid-sized companies in Bangladesh, the most suitable solution will be simple and not expensive. It should cover all basic functionalities like supplier ledger, purchase tracking, and due reports without expensive large-scale ERP systems.
Q2. Is it possible to track my liabilities to vendors with such software?
Certainly, since Ehishab supplier ledger will automatically calculate how much you still owe to your supplier based on your purchase and payment history.
Q3. Is it possible to keep track of supplier returns and refunds using such software?
Yes, with Ehishab you will be able to register supplier returns and reconcile them with purchase and payment history without any manual calculation.
Q4. How expensive is such software in Bangladesh?
The price depends on the user, vendor count, and needed functions. At Ehishab we offer business-friendly pricing plans that you can learn more about by contacting us at 01780504501.
Q5. What is the timeframe required for implementing the supplier management software?
The implementation process varies according to the size of your organization. Implementation generally only takes a few days if your business is small to medium-sized.
Conclusion – Get a Grip on Supplier Relations Now!
From just a couple of suppliers that you use regularly to many different vendors in various branches of operations, the right supplier management software from Bangladesh can mean the difference between constant struggles with payments or running a company that operates with all its dealings recorded in organized and accurate books. Ehishab provides you with a centralized supplier ledger and purchases monitoring software along with all local support in a cost-effective solution designed specifically for vendor management in Bangladesh. Don’t keep losing track of your payments, and get a reliable supplier relationship – call us at 01780504501 today, or visit ehishab.com for a free demo!