Aktashwater - is a major distributor in the FMCG segment in Uzbekistan. The main focus is wholesale of premium bottled water, soft drinks, and coffee.
About the business: included in the TOP-10 companies working with HoReCa, sales of goods throughout the country. More than 110 employees.
Tasks that were addressed to Smartup
At the beginning of the year, the company faced the task of extracting the database of one Smartup 5 branch to a new Smartup X server in order to keep records for each SKU group (warehouse stock keeping unit) separately.
The company needed information on accounts receivable only for a specific product name. In reality, it should have looked like this:
When selling coffee and bottled water, specialists had to have a tool that provided information on accounts receivable for each item - coffee or bottled water. At the time of the system implementation, they did not have such a tool and often because of this it was impossible to separate accounts receivable by product. This led to difficulties and errors in calculations.
Why the solution to the problem was important for the company
The implementation of Smartup for Aktashwater was important because the company imports two different groups of goods from different suppliers. This requires separate accounting so that it is possible to track financial indicators, sales volumes and accounts receivable for each product separately. Without this tool, it was difficult to ensure accurate accounting, which could lead to confusion in reporting and complicate the management of financial flows.
About the business: included in the TOP-10 companies working with HoReCa, sales of goods throughout the country. More than 110 employees.
Tasks that were addressed to Smartup
At the beginning of the year, the company faced the task of extracting the database of one Smartup 5 branch to a new Smartup X server in order to keep records for each SKU group (warehouse stock keeping unit) separately.
The company needed information on accounts receivable only for a specific product name. In reality, it should have looked like this:
When selling coffee and bottled water, specialists had to have a tool that provided information on accounts receivable for each item - coffee or bottled water. At the time of the system implementation, they did not have such a tool and often because of this it was impossible to separate accounts receivable by product. This led to difficulties and errors in calculations.
Why the solution to the problem was important for the company
The implementation of Smartup for Aktashwater was important because the company imports two different groups of goods from different suppliers. This requires separate accounting so that it is possible to track financial indicators, sales volumes and accounts receivable for each product separately. Without this tool, it was difficult to ensure accurate accounting, which could lead to confusion in reporting and complicate the management of financial flows.
Solution from Smartup
With the Smartup system, the company was able to keep records for each product group, which allowed for more efficient control over product movement, tracking payments and calculating accounts receivable. The implementation of this solution allowed the company to work with greater accuracy and transparency, improve reporting and, as a result, manage turnover more successfully.
Nozimzhon Olimzhonov, financial analyst and system administrator:
"Smartup X offers the ability to keep records by product groups in the "Project" section. This allowed us to effectively manage data for each SKU separately, optimizing the process of analyzing accounts receivable for each product group. We also attached all orders to the system and entered all payment information. As a result, we received a complete picture of accounts receivable and were able to set limits when the debt was exceeded, or we knew exactly which SKU the outlet had a debt for."
Results of work in Smartup
Implementation of Smartup helped a large distributor of water and beverages take control and solve problems related to accounts receivable. Which ultimately led to increased profits and reduced costs.
Nozimzhon Olimzhonov, financial analyst and system administrator:
"We were looking for a solution that could help establish order in working with retail outlets. Why did we choose Smartup? Because we simply could not find other similar systems! The system copes with the tasks set before it. We have minimized manual work and errors associated with manual input of information. We do not waste a lot of time searching for customer debts, which are kept in notebooks! We entered the name of the outlet - and all the information is on the screen. If there are receivables, the system itself will tell us about it. Very convenient and practical! More than 21,900 orders of our company - they are all attached to Smartup! The automation system has become our smart assistant!"
Effective accounts receivable management is a key factor for a water and beverage distributor, as it maintains a stable cash flow, prevents cash gaps and reduces the risk of non-payment, contributing to business growth. Smartup solution helps automate and control accounts receivable.
In our article, you can learn more about how Smartup helps control accounts receivable.
