Features & Benefits

Following are the features and benefits of IQ reseller

• Quick Tour: Top reasons IT resellers switch to IQ reseller
• Reseller Inventory Management
• Reseller Sales and Purchasing
• Reseller Technical Warehouse
• Reseller Accounting Features “Out of the Box”

 (click here for a comparison showing how these features compare to popular accounting applications):

Quick Tour: Top Reasons IT Resellers Switch to IQ reseller:

1. Unique item by item serialized inventory assets. 100% control over each item received for reports, notes, recording attributes, condition code multiple locations for each part number and individual cost for profit margin based commission reporting.
    
2. Costs are not averaged among good buys by one rep and higher priced buys by another rep. QuickBooks and others use a “pool” system where items go into a pool and get cost averaged. Even with QuickBooks add-on programs they are still dependent on the QuickBooks “pool” and there is no way to get net margin reporting based on the unique unit cost of specific serialized items being allocated to a transaction. 
   
   Even costly Mid-Market solutions like Sage MAS 90,200, Line 50,100,200 and Microsoft Dynamics SL will not treat inventory as unique items in the manner IQ reseller does for the ultimate in inventory accuracy in purchase, sales and commission cost reporting.
    
3. Substitutes, Alias’s, and Upgrade substitutes in one click. A key to increasing inventory turnover is to know what substitutes and alternates you have in stock that you can ship both within and across manufacturers. IQ reseller has sophisticated substitute technology as part of the inventory engine. Effective substitute item information is available to sales within seconds showing you quantity, cost, by condition code. Query one part and see the full range of parts you could supply.
    
4. Part Removal with audit trail and cost transfer. Eg. A $3200 Cisco 6500 Chassis power supply is removed, transfer $160 to power supply in seconds. Easy accounting, controlled by user access for the part being removed allows you to depreciate machine cost as parts are being removed. In addition the correct cost of goods is posted to the sale for net margin commission report is accuracy as well. With IQ reseller you will not be left with machines or assemblies that are “cannibalized” without knowing what you have or worse yet having the full value on an asset which is now worthless.
    
5. Maxlist Technology inventory export includes 24/7 live inventory link with BrokerBin. Maxlist expands your listings to include substitutes for the parts you own. Export Maxlist expanded inventory to any online exchange or your E-commerce store. Connect your Maxlist inventory to BrokerBin’s RTI feature for24/7 up to the minute listing accuracy and post listings with a red R for increased visibility on BrokerBin. In addition IQ resellerMaxlist Technology provides listing features you cannot obtain with manual effort. PDF and hyperlink to Maxlist
    
6. Condition code field for each serialized asset. Condition codes are extremely valuable in the secondary market trade. The same sku number could be sold, New sealed box (NEW), Refurbished (REF), Bulk packed (BULK), New open box (NOB) or in other conditions. No need to create 4 part numbers as in other systems to define the part in each condition.
   
   Your warehouse will know the condition each asset should arrive in the receive screen. If a NEW product comes in NOB, that can be noted and a report can be emailed back to the supplier for settlement purposes. The value of the same sku number could vary 20% to 50% depending on the condition. IQ reseller allows you to easily adjust the price of the original purchase items if the received items are inconsistent with what was purchased.
    
7. Net profit margin commission reporting. Saves time manually tracking Sales revenue, returns, equipment costs, freight, bank wire fees, and other expenses on sales orders. Commission report can be configured to only show those transactions where 100% of the Accounts receivable has been collected, thus protecting the company in paying out commissions on transactions where a portion of the AR might be uncollectible.
    
8. Margin (profit) split capability between reps. Split profit between reps based on the “value” they added to the transaction. This method allows company management to know who is really adding “net profit” to the transaction and who might be riding the “coat tails” of low cost purchases”
    
9. Unequalled IT reseller designed freight integration. Schedule shipment with FedEx, UPS, DHL, USPS at order entry in 6 seconds. Specify at the point of original order or update shipping later. Execute labor intensive “Blind Shipments”, COD, Residential, and International with required commercial documents. Eliminates re-entry of information and mistakes from prior shipment dropdown menus in WorldShip and PowerShip where busy warehouse personnel can easily select a drop down address to San Diego when it should have gone to San Jose. Or selecting 2 Day instead of Next morning delivery. All orders and scheduled shipment details are displayed in the sale and sent to a central Shipping Log where orders will not be missed. Eliminates hand carrying documents to the warehouse.  Single users can print waybills after order entry for easy workflow.
    
10. Drop Ship purchase packet. Eliminate vendor mistakes! Create a Purchase order from a Sales order send packet via email that includes: Waybill (FedEx, UPS, or DHL), Packing list , and your purchase order. Create from a sale in 20 seconds! Does blind drop ships too!
     
11. Inventory write-down capability. Write down inventory through the General Ledger to more closely represent its true market value. The write down amounts if desired, can be posted directly to the inventory adjustment account of the rep responsible for purchasing the slow moving inventory. Upon execution of the write-down, the rep will see an entry on his profit margin commission report showing the loss, lowering his commissionable margin and the loss to the organization since the corporation will save the reps normal percentage payout.  If the product is later sold, the rep will recover the amount written down up to the selling price of the product. If another rep sells the product the margin split function will ensure the purchasing rep recovers their “fair share” of the margin.
     
12. ChannelOnline Ecommerce and CRM Integration saves hours of order and item re-entry. ChannelOnline, the sales force automation tool and E-Commerce store for IT resellers offering over 350,000 consumer electronics products new from distribution. Orders flow into IQ reseller ChannelOnline without any re-entry. New Item sku numbers, Manufacturer and descriptions are automatically added to IQ reseller. See pdf
13. IT reseller designed barcode functionality that works!. Elegant easy to use functionality integrated throughout all phases of the workflow. No large investment in technology or training. 30 minutes of training to learn how to receive, allocate, and ship inventory.   Record 60 serial numbers in sixty seconds on 60 individual items with 100% accuracy.  Other “serialized” systems require 2 – 4 clicks to record a serial number for each item.
     
14. Barcode label asset tag generator. Asset tag any size and material you want.  Include company info, logo, condition code, part number, description, internal unique ID number, serial number, warehouse location, rep, and model. Use removable, permanent or “void if removed” labels.