Identifying, accumulating and posting individual order information from multiple sales channels and source systems is challenging and time consuming, even when using the most advanced order management systems. MarginDriver handles the heavy labor of this project by pulling all of the relevant cost and revenue data from the user’s source systems (inventory management, order management, shipping, marketplace accounts) and processing it to generate detailed gross profit reports and analytics tools.
Through this process, MarginDriver solves the cumbersome and time consuming accounting task of posting data from individual order transactions to the user’s general ledger. This order data is aggregated by sales channel and presented as gross profit reports by day and month. The monthly reports are then broken down into journal entries for automatic posting to the user’s general ledger with just a few simple clicks.