Tampa, FL – January 25, 2016 – Dynavistics, a leading provider of enterprise software for growing businesses, announced today the acquisition of Sales Logic software from Process Logic, a provider of supply chain software to manage Trade Promotion in the consumer products market. Dynavistics has been marketing and distributing Sales Logic for the last year under its PAR brand. Dynavistics now owns the software and will continue maintain and enhance the product for future Dynamics GP releases.
Sales Logic, henceforth referred to as PAR, extends the functionality of sales order in Microsoft Dynamics® GP. Designed to facilitate the billing and remittance issues when selling to retail chains, PAR also provides powerful tools for budgeting and performance tracking.
"We're thrilled to add this new module to our product offering and we look forward to offering a more complete ERP solution,” said Pamela McDaniel, Managing Partner at Dynavistics. “This acquisition will allow Dynavistics to add requested functionality and extend the reach of Microsoft Dynamics GP.”
The consumer products market is characterized by slow growth, small profit margins and retailer consolidation. Retailers exploit their massive buying power to continuously squeeze these margins and demand greater trade promotion dollars. In response, a supplier must carefully manage their promotion planning, analysis and execution in order to create ultimate customer demand while still maintaining profitability. Managing Trade Promotion is expensive, with a major percentage of costs in the area of processing claims and deductions.
PAR software solves any problems related to inaccurate pricing by automating the pricing assurance process. PAR automatically calculates pricing and allowances following order entries, as well as measures anticipated and actual impact of rebates, adjustments, and allowances on margin and commission. Total costs are known and available, and data is generated for analysis of program effectiveness.
The deduction management functionality in PAR simplifies remittances and deductions with a defined general ledger and accrual account for each adjustment line. This allows for the expense to match the exact entity, whether individual, parent/child, or national account. PAR pulls all the data from sales promotions and deductions together for a complete picture of costs, outstanding liabilities, and deductions pending approval. Utilizing the planning capabilities within PAR, a wide variety of promotional budget scenarios can be created with ease. Following forecast calculation, suggested quantities and associated revenues are displayed in the promotional scenario.
ABOUT DYNAVISTICS
Dynavistics delivers easy-to-use software solutions to enhance business processes, including collections management, delivery management, trade promotion accounting, and wholesale distribution solutions. Dynavistics’ multi-product offering is complemented by development, systems integration, consulting, training, and support services.
The mission of Dynavistics is to provide breakthrough software and services that significantly increase effectiveness, efficiency and profit. The software is designed to automate routine processes, improve cash flow, and empower business growth. Dynavistics’ clientele includes privately and publicly traded enterprises throughout 14 countries. If you have accounts receivable, inventory or deliveries, then you need at least one of Dynavistics’ software solutions. For more information, please visit: https://dynavistics.com/.
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*This press release was originally published here.