App Updates

Maximize Profitability with Canix’s Cannabis COGS Uploader

April 25, 2024
 Min Read

In the cannabis industry it's essential to track and manage your Cost of Goods Sold (COGS) accurately to ensure profitability and informed decision making. Canix has introduced a feature to simplify this process; the Cannabis COGS Uploader. By using the Cannabis COGS Uploader users can easily and precisely allocate costs to their inventory packages saving time and minimizing errors often associated with data input.

This efficient tool enables you to upload COGS information for packages at once guaranteeing that your inventory expenses are always current and accurate.

Key Advantages of Canixs Cannabis COGS Uploader:

1. Bulk Upload Capability; Update COGS for packages simultaneously through a straightforward CSV or Excel file.

2. Seamless Integration; Access the uploader within Canixs Facility Data Uploader for effortless use.

3. User Friendly Template; Canix offers a template with all necessary fields for successful uploading, including package tag, COGS value, item name, quantity, weight unit and reason, for the update.

4. Error Checking; The system verifies your data with the existing records to ensure accuracy and consistency flagging any discrepancies for correction.

5. Facility Specific Control; COGS updates are implemented at the facility level allowing management of inventory costs within each facility.

6. Audit Trail; Each COGS update is documented in the package history showing previous and new values, the user responsible and the date of the change creating a transparent audit trail, for compliance.

Setting up the Cannabis COGS Uploader is simple. Just make sure users have the permissions download the template input your data and upload the file. The system will walk you through mapping columns, error checking and submitting updates. Don't let manual COGS tracking hinder your progress or lead to mistakes.

With Canix's Cannabis COGS Uploader you can efficiently handle inventory costs accurately freeing up time to focus on expanding your business. Enhance your cannabis management processes with Canix. Enjoy streamlined and precise COGS tracking.

Book a demo today to witness the Cannabis COGS Uploader in action and explore how Canix can optimize your operations. Precisely calculate the costs of your items gain insights and propel your cannabis business to success using Canixs Cannabis COGS Uploader.

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