While many of the factors squeezing your margin are outside of your control, there are ways you can make a difference. Understanding and controlling your costs is one, and implementing tighter margins is another.

The macro picture

The benefit of tighter margin and cost controls

With a better understanding of tighter margin and cost controls you will be able to: improve your financial position, uncover opportunities, implement a cost control culture, and spot inefficiencies in your processes early on. 

To effectively implement margin and cost controls in your business you need to first adopt a culture of cost and margin optimisation. All staff should be a part of the buy-in process from choosing the right metrics, to embedding the new controls.

Implementing effective margin and cost controls

To effectively implement margin and cost controls in your business you need to first adopt a culture of cost and margin optimisation. All staff should be a part of the buy-in process from choosing the right metrics, to embedding the new controls.

With a better understanding of tighter margin and cost controls you will be able to: improve your financial position, uncover opportunities, implement a cost control culture, and spot inefficiencies in your processes early on.

The introduction of the intuitive nature of modern system controls means that your business system can be customised to your needs. Once in place you will be able to understand your costs, report in real-time, and look for ways to buy and sell better.

The power of modern system controls

What’s inside the eBook?
About HARMONiQ
Managing your businesses stock effectively is critical to improving revenue growth. 
The HARMONiQ solution provides revolutionary sales, accounting, inventory and business management software - all in one platform. This makes it easier to analyse and control your inventory. It is the first product in its category that can be truly personalised to match the way you want your business to operate and your people to work together. HARMONiQ incorporates Financials, Commercials, Business Intelligence (BI) Dashboards and CRM/Marketing modules within a single system which makes managing your costs that much simpler.
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The complete guide to controlling margin and costs


Discover the benefits of tighter controls when you learn to effectively manage margin and costs in your business.
 
Discover the benefits of tighter controls when you learn to effectively manage margin and costs in your business.
 

The introduction of the intuitive nature of modern system controls means that your business system can be customised to your needs. Once in place you will be able to understand your costs, report in real-time, and look for ways to buy and sell better.

The complete guide to controlling margin 
and costs