MyLogic streamlines cost management and cost control by providing tools to calculate final prices, optimize batch purchasing and production, and automate cost calculation. All of this helps reduce risk, increase productivity, and improve profitability.
Multi-company and Multi-currency Cost Management
MyLogic provides all the tools needed to organize and control costs easily and reliably across multiple companies and branches. With multi-currency support, it ensures that costs stay updated in the transaction currency, as well as the company’s base and alternate currencies.
Last Cost | Weighted Average Cost | Replenishment Cost
MyLogic offers multiple cost calculation methods, including last cost, weighted average cost, and replenishment cost. For manufacturing companies, it also includes standard costs and per-order cost calculation; for importing companies, it covers origin costs and expenses associated with each shipment.
Optimal Purchase and Production Batches
MyLogic manages optimal purchase and production batches, helping reduce overall costs.
Automatic Sales Price Calculation based on Costs
MyLogic integrates purchase price lists or standard manufacturing costs with sales price lists, simplifying the calculation of final product prices by including profit margins, shipping costs, commissions, and other sales expenses.
Other functionalities
Procurement
- Integrated and Adaptable Procurement Workflows
- Supplier Self-Management | Bidding | Supplier-Specific Price Lists
- Replenishment Strategies with Automatic Purchase Order Generation
- Alerts for Discrepancies Between Invoice and Purchase Order
- Quality Control
- Open Purchase Orders and Contracts
sales
- Integrated and Adaptable Sales Workflows
- Contract Billing
- Cross-Selling and Up-Selling Intelligence
- Customer-Specific Price Lists
- Global and Item-Level Charges/Discounts
- Automatic Generation of Product Variants
- Sales Pricing Based on Purchase Costs or Manufacturing Costs
Shipments
- Comprehensive Import Management
- Projected and Actual Expenses per Shipment
- Financial Planning for Imports
- Shipment Cost Allocation for Sales Price Calculation
- Tools for Evaluating the Import Process
E-COMMERCE
- B2C and B2B E-Commerce
- Integration with E-Commerce Platforms
- Centralized Management of Listings
- Inventory Management
- Product Variants
- Sales Invoicing
Point of Sale
- POS Integrated with Back Office in Real Time
- Multi-Device Mobile Access
- Sales Strategies | Bank-Partnered Discounts and Promotions
- Integration with Card Payment Validation Systems
- Gift Cards | Exchange Receipts | Vouchers | Deposits | Deferred Delivery
- Cash Drawer Opening, Cash Drop, and Closing
- Industry-Specific Functionalities
Fixed Assets
- Fixed Asset and Equipment Allocation
- Maintenance Plans and Tasks
- Maintenance Requests and Work Orders
- Preventive and Corrective Maintenance
- Depreciation Based on Usage and/or Time
- Certificate and Insurance Expiration Control
Manufacturing
- Assembly and Disassembly Manufacturing
- Integration with Machinery and Equipment
- Formulas, Blueprints, Technical Specifications, and Process Sheets
- MRP | Production Planning | Cross-Area Integration
- Outsourced Manufacturing | Contract Manufacturing
- Quality Control and Analysis
- Standard Costs and Actual Costs
WMS and Inventory
- Available and Projected Stock
- Multi-Warehouse Management for Companies and Branches
- Real-Time Location-Based Stock
- Dispatch Optimization and Route Sheets
- Warehouse Tasks
- Inventory Control
Accounting
- Real-Time Multi-Company Balance Sheets
- Automated Multi-Currency Posting
- Consolidated Global Information
- Detailed allocation by Multiple Cost Centers and Accounting Attributes
- Budgetary Accounting
- Inflation Adjustments and Revaluations
- Tax Compliance
Finance
- Consolidated Financial Position Across Companies and Countries
- Cash Flow | Projections | Scenario Simulation
- Expense Planning
- Multiple Cash Flow Management
- Manual and Automated Account Reconciliation
- Automatic Quotation Updates
Pre-Sales CRM
- 360° View and Sales Cycle Traceability
- Integration with Lead or Contact Generation Platforms
- Negotiations, Progress Level, and Closing Probability
- Transformation of Opportunity into Sales Order
- Monitoring of Distributor and Channel Activity
- Sales Projections and Statistics Charts
After-Sales CRM
- Case or Ticket Management
- Workflow Configuration
- Centralized Task Tracking
- Self-Service Portal for Clients
Projects
- Planning and Tracking by Milestones, Tasks, and Goals
- Quoting Based on Material, Resources, Costs, and Profit Calculations
- Integration with Manufacturing | MRP
- Progress Billing with Deviation Alerts
- Project Version Control
- Progress Monitoring, Deviation Detection and Management
- Templates by Project Type