MarginDriver: The Answers Every E-Commerce Business Needs to Reach New Heights
As a user-designed suite of multichannel e-commerce reporting and analytics tools, MarginDriver provides meaningful data on margins and profitability while efficiently delivering the results to popular accounting software.
It offers critical business intelligence and eliminates countless hours of data manipulation and bookkeeping work…all without the need for a developer or any technical expertise.
MarginDriver integrates with all of your posting accounts as well as your shipping and accounting software to deliver the answers and efficiency that your e-commerce operation is lacking.
Centralise Data in a Single Reporting and Analytics Solution
- Consolidate all of your cost and revenue data in one reporting solution and discover your true gross profit and margins for every order on every sales channel.
- Data points include product revenue, shipping revenue, product cost, shipping cost, sales tax and VAT, credit card fees, marketplace fees, currency exchange rates and more.
Instantly Track Critical Key Performance Indicators on the MarginDriver Business Intelligence Dashboard
- Follow your sales throughout the day to track your order volume, total revenue and gross profit in real time.
- Get a quick snapshot of the prior day’s full sales performance in a matter of seconds.
- View and graph key performance indicators for each sales channel across any time period.
Hit Your Target Margins and Eliminate Unprofitable Orders
- Use MarginDriver’s Deficient Orders tool to determine your optimum gross profit margin and eliminate orders fulfilled at a loss or below your minimally accepted gross profit margin. Don’t just sell more product — make more money.
Improve Strategic Decision-Making
- Increase your profit margins and improve your strategic decision-making by identifying the sales channels, products and pricing strategies that make your business the most money. Identify and invest in the most profitable areas of your business.
- Evaluate and compare your repricing strategies to determine the markups that will maximize your profitability.
- Import data from your shipping software to analyze and understand the impact your shipping costs and margins are having on your bottom line.
Connect to Your Accounting Software to Save Precious Time and Money
- Automate the cumbersome and time-consuming accounting task of posting data from individual order transactions to your general ledger. Order data is aggregated by sales channel and presented as gross profit reports by day and month. Monthly reports are then broken down into journal entries for automatic posting to your general ledger with just a few simple clicks.
- Perform third-party verification of accounts receivable through automated retrieval of balances from major selling channels and payment processors.
No e-commerce business should operate in the dark without the answers that MarginDriver and ChannelAdvisor provide.