When you are Fully Compliant;
Some Features in XchangeIT LINK
Your Associated Benefits from XchangeIT LINK1
Single portal for all EDI
Saves more time, easier to use, Returns claims much easier, staff training easier
Automatically receive into your store the delivery files
Save time (at least 2 hours each delivery)
ALL Returns accepted, improved accuracy
Manage your cash flow better
Headlines, File notes, and Status boxes provide clear, accurate, instant information
Easier to manage your business – you know what you have submitted and you know what still needs to be done.
Positive Return On Investment (ROI)
Potentially over 500% positive ROI - see example calculation below
Data management, and it’s performance
Improves the operations and management of your business
No Physical Returns (NPR), once qualified
More time saving. Cost savings vary but survey responses indicate that 54.54% of agents saved at least $72 p.w. ($3,744 p.a.) in postage
Reconciliation (RCF) facility, once qualified
Saves up to 2 hours p.w. and automatically confirms accuracy of your returns claim
Promotions – Gotch, Bauer, News Corp, John Sands
Participating agents report sales uplifts of between 5% and 12%
More time is available to spend working on your business
Increase your sales, your margins and the value of your business
ROI calculation, from a newsagent:
1. Cost of XchangeIT Link = $500 a year
2. Time saved (according to current users) = 4 hours a week = 208 hours a year
3. 208 hours X wage of $19.49 an hour = $4,053.92 (NOTE: Current National Minimum Wage = approx. $19.40 p.h)
4. $4,053.92 minus $500 = $3,553.92 – over 500% positive ROI. Sub-total 1.
5. Accuracy = you can put your own value on it – add it to the above number as Sub-total 2.
6. Quicker turnaround time for your Cash Flow via credits = you can put your own value on it – add it to the above number as Sub-total 3.
7. Add the three sub-totals for a comprehensive ROI Total.
Contact XchangeIT for explanation of ITC, or go to www.xchangeit.com.au
1 POS DOS users do not qualify for all benefits due to technology constraints.
Updated: January 2020