How it works
Every stage of the business, before and after, and what runs by itself.
1.Eye test and prescription
- Before
- Rx written on a slip and copied into a register
- With Finocket
- Powers for each eye, PD, prescriber and Rx date captured on the order
Automated
Nothing automated at this stage yet.
2.Purchase
- Before
- Supplier bills kept in a file
- With Finocket
- Purchases from distributors and labs entered with payables
Automated
- Stock updated from the purchase bill
3.Stock
- Before
- Frames counted once a year
- With Finocket
- Frames, lenses and contact lenses as items with category, brand, size, index and coating
Automated
- Stock reduced on every sale
- Reorder levels
4.Sale at the counter
- Before
- Price read from the tag and typed
- With Finocket
- Barcode billing with cash, UPI and card on one bill
Automated
- Price and tax filled from the item
5.Order and delivery
- Before
- Delivery date promised verbally
- With Finocket
- Delivery date on the order
Automated
Nothing automated at this stage yet.
6.Billing and GST
- Before
- One GST rate for the whole bill
- With Finocket
- GST rate per line from HSN; GSTR-1 and GSTR-3B prepared from the bills
Automated
- Return figures built from the books
7.Collections
- Before
- Balances on orders tracked on the slip
- With Finocket
- Payments recorded against the bill with what is still due
Automated
- Bank statement lines suggested against recorded payments
8.Customer follow-up
- Before
- No record of the next eye test
- With Finocket
- Next eye test due noted on the order; loyalty points and WhatsApp from your own number
Automated
- Loyalty points accrue on qualifying bills
9.Accounts
- Before
- CA re-enters totals from billing software
- With Finocket
- Books kept as you bill and buy, with your CA in the workspace
Automated
- Ledgers posted from every bill
- Export to Tally
10.Reporting
- Before
- Sales known from the cash drawer
- With Finocket
- Sales, stock and margin reports, shop by shop
Automated
- Reports update as entries are made