You do not have access to this system, link, or item information.
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However, if you are interested, demonstrations, custom development and purchase of the system and/or ongoing support/maintenance and upgrades, these options may be available for purchase. You do not need to be a Midas Franchise owner. Our reconciliation system can work with any vendor or point of sale system. It is tailored to the aftermarket automotive industry, but it can work with any similar manufacturing or retail type of business.
The Supplier Reconciliation System is designed to reconcile a supplier's (Autozone, Advance, Carquest, etc) daily invoices and end of month statements with the Midas Point of Sale System running at each store.
By reconciling invoices on a daily basis, each store can monitor their profitability more realistitcally, and we can pay the supplier in a timely fashion. By doing this, the shops, district managers, regional managers, and senior management are able to make decisions affecting gross profit quicker and more reliably.
This system makes the company more profitable by achieving the following:
- Quicker Payment to Vendors
- Almost Instant Real-Time Profitability
- Includes Live Sales Figures
- Includes Live Payables Paid/Owed
- Includes Labor Figures (as of last payroll run)
- Keeps Vendors Honest by Comparing Cost of Goods
- Stops Theft
- Stops Fake Profitability Figures
- Costs are Changed to True Cost as Items are Reconciled for Payment
- Ability to Post Purchase Orders (if a reporting unit forgets)
- Prevent Double-Paying Your Supplier
- Prevent Guesswork by Your Employees - They can see and hit real-time goals and bonuses!
This web portal is designed to show you how to use the system, but if you need help at anytime, contact the home office.