Name: PharmaTrader
Price: 5000 USD
Author: Spine Software System

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PharmaTrader, developed by Spine Software Systems(P)Ltd., is a GST Inventory and Accounting software specifically designed for pharmacies, medical shops, distributors, and traders in the pharmaceutical industry. According to the vendor, this software solution aims to streamline various aspects of business operations, including inventory management, finance and accounts management, purchase and sales management, supply chain management, human resource management, and customer relation management. PharmaTrader is designed to cater to businesses of all sizes, ranging from small to large-sized pharmacies, medical shops, distributors, and traders. It is widely used by pharmacists, pharmacy owners, medical shop owners, pharmaceutical distributors, and pharmaceutical traders.

## Key Features

**Inventory & Warehouse Management**: According to the vendor, PharmaTrader allows users to keep track of stocks and warehouse supplies in one place and efficiently manage inventory to ensure optimal stock levels. Users can track batch numbers, manufacturing dates, and expiry dates for each product and easily locate and manage the location of every medicine in the inventory.

**Finance & Accounts Management**: The vendor claims that PharmaTrader enables users to create invoices easily and efficiently, streamline finance and accounts management processes, and generate GST invoices to comply with regulations. Users can also record and manage transactions for accurate accounting.

**Purchase & Sales Management**: According to the vendor, PharmaTrader simplifies the process of making sales and logging them. Users can track and manage purchases and sales seamlessly, generate sales reports for analysis and decision-making, and automate the process of recording and managing transactions.

**Supply Chain Management**: The vendor states that PharmaTrader helps streamline procurement and delivery processes. Users can track and manage the supply chain from procurement to delivery, ensuring timely and efficient supply of products. The software also aims to optimize the supply chain for improved efficiency and cost-effectiveness.

**Human Resource Management**: According to the vendor, PharmaTrader offers powerful features to manage HR processes. Users can streamline employee management, attendance, and payroll. The software allows users to maintain employee records and track leaves and benefits. Additionally, users can generate reports for employee performance evaluation.

**Customer Relation Management**: The vendor claims that PharmaTrader aims to enhance customer experience and satisfaction. Users can effectively manage customer relationships, track customer interactions and preferences, and provide personalized services and offers to customers.

**Cloud Technology**: According to the vendor, PharmaTrader enables users to access the software and run the business from anywhere. Users can store data securely in protected servers, ensuring continuity of work even if the computer crashes or data is lost. The software eliminates the need for software installation, providing instant online access.

**GST Compliance**: The vendor states that PharmaTrader automatically updates the software with GST regulations, simplifying GST filing and compliance processes. Users can generate GST invoices and reports for accurate filing and stay up-to-date with changes in GST regulations.

**Effortless Inventory Management**: According to the vendor, PharmaTrader aims to help users maintain the right balance of stocks in the inventory. The software aims to improve profitability by optimizing inventory levels. It also offers features to easily manage a large number of medicines and products. Users can track and manage inventory with a click of a button.


Basic

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InvoiceBerry

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Harpoon

PharmaTrader

1 in 3 accounting software users find it difficult to choose the right tool. Find the best solution for you.

The Buyer’s Guide to Accounting Software

Software for tracking revenues and expenses and forecasting future revenue.

Spine Software System

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

Accounts payable

This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.

Accounts receivable

This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.

Cash management

The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.

Bank reconciliation

The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.

Expense management

The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.

Time tracking

The software can track billable and non-billable employee time by project.

Fixed asset management

This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.

Multi-currency support

The software supports transactions across multiple currencies.

Multi-division support

The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.

Regulations compliance

The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.

Electronic tax filing

The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.

Self-service portal

The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.

Global Financial Support

Account using multiple ledgers, multiple currencies, and multiple entities

Primary and Secondary Ledgers

Record and report across multiple currencies and accounting standards with primary and secondary ledgers

Intercompany Accounting

Automatically balance and reconcile GL for intercompany transactions

Localizations

Meet reporting requirements with country-specific localizations

Journals and Reconciliations

Automate and synchronize ledgers and processes

Enterprise Accounting

Create accounting for disconnected ERP and non-accounting source systems

Configurable Accounting

Configure accounting rules and segments for each chart of accounts

Centralized Rules Framework

Integrate disparate ERP and transactional systems into single ERP instance

Standardized Processes

Centralize financial management to facilitate standardized financial processes

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Manufacturing module

The software helps track and manage raw materials, work-in-progress items, and finished goods.

Order Management

The ability to process orders, and track them from quote to cash.

Pricing

Users can set up complex and unique pricing requirements.

Order entry

Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.

Credit card processing

The software facilitates credit card processing.

Cost of goods sold

The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.

Order Orchestration

Define and execute order fulfillment processes for products as well as services on the same order.

End-to-end order visibility

Get updates on orders, inventory, shipments, planned supply, and invoices, and improve the quality of decisions through in-context analytics

Order exception Resolution

Monitor fulfillment tasks and resolve issues, view and evaluate varios options via what-if analysis and define and enforce change order rules

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

Pay calculation

Pay calculation provides for computation of employee pay with state and federal deductions.

Benefit plan administration

Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

Direct deposit files

Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

Salary revision and increment management

Salary revision is the ability to modify individual employee pay.

Reimbursement management

Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

Dashboards

Users can create, customize and share dashboards, which provide an overview of the most important metrics.

PharmaTrader

Overview

What is PharmaTrader?