Bookkeeping for the FMCG and foodservice industry

Bookkeepers and finance teams in the food & beverage industry

As a bookkeeper and financial advisor with clients in the food & beverage industry, you'll know they often struggle with razor thin margins, so it's especially critical to help those clients optimise their financial systems and processes to operate as efficiently as possible.

Properly implemented software can provide massive efficiencies. Accounting and inventory systems have automated and streamlined so many core finance tasks. And those finance systems are even more effective and efficient when they integrate with the wider ecosystem of connected apps.

For both buyers and suppliers in foodservice, Upstock provides those clients with enormous efficiency gains when it comes to their supply chain logistics and their wholesale customer growth.

Upstock automates major tasks across the entire wholesale operations of food & beverage businesses: from procurement, to sales & marketing, ordering, payments, invoicing, production and deliveries.

‍

Easier to manage clients

For bookkeepers and finance teams you benefit from:

• Better visibility - with Upstock, you have easy access to see their wholesale transactions and customer history, instead of chasing down scraps of papers in their kitchen and warehouses, you can just login and easily access everything with a few clicks
• Better workflows - since Upstock automates their work, they don't skip over things that would otherwise get missed and fall through the cracks, like forgetting to invoice customers!
• Better record keeping - it's ideal for financial advisors when you can easily access all your clients data, and it's properly documented and organised

‍

More billable opportunities

While you're helping your food & beverage clients, there are opportunities to offer additional services:

• Client setup & data cleanup - often when customers start using Upstock their products and their price lists are disorganised – you can help them cleanup their products and pricing quickly and accurately
• System changes services - customers often ask for advice when they're changing to a different accounting or inventory system – we tell them they need to talk with a financial advisor because choosing the right system depends entirely on their specific business needs and business workflows
• Integration services - customers often ask us who we recommend to help them setup their software, and help them connect their different apps together, we'd love to send them your way!

Clients supplying wholesale food & beverage

With your FMCG clients supplying food & beverage the implementation is very fast and simple – most are able to start taking orders within 24 hours.

Your clients just need to import their product data – which is a great opportunity to help them clean up their product catalogues and their pricing data.

For FMCG suppliers and their finance teams, Upstock will:

• Cut order processing time down to less than 15 minutes, down from 2-4 hours per day
• Eliminate order errors from 20-30% to near 0%
• Increase average order size and new customer growth 15-20%
• Integrate with Xero, MYOB, QB, Unleashed, Cin7 and more
• Integrate with supermarkets – including Foodstuffs and Woolworths
• Provide order tracking, invoice tracking, payments reconciliation, delivery tracking with proof of delivery & more
• Eliminate the need for extra headcount and specially trained staff to manage orders

‍

Clients in hospitality, foodservice & grocery

It's completely free for your clients who are buyers ordering wholesale food & beverage in bulk – whether they're in hospitality, foodservice, or grocery.

It’s so easy staff don’t need to be trained on how to order. Tracking orders, invoices and deliveries are all done automatically, saving you and your finance team the tedious hours of pain chasing down missing scraps of paper in the kitchen. 

For foodservice buyers and their finance teams, Upstock will:

• Let you easily control purchasing & spending
• Track orders across FOH, BOH and all your locations
• Provide order tracking, invoice tracking, accounts payable tracking, payment tracking & more
• Cuts order processing time from hours per day to less than 15 minutes
• Let you know exactly what supplies arrived and what's on the way with proof of delivery

‍

New services to grow your practice

Because Upstock is the leading solution for automating wholesale ordering and logistics, becoming an advisor with Upstock in your toolkit is more and more essential and it represents a valuable growth opportunity.

‍

‍Book a demo and talk to our team about how we can introduce you to more food & beverages clients.