Optimizing Financial Management for Leading Health Supplement Brand
Background
• Leading British health supplement company expands into domestic and international markets.
• Establishes over ten flagship stores on platforms like Tmall Global, Douyin, JD.com, Shopee, and Lazada.
• Managing multiple stores poses challenges in financial data organization and reconciliation.
• Partnered with Digate for a digital transformation solution.
Challenges
• Leading British health supplement company expands into domestic and international markets.
• Establishes over ten flagship stores on platforms like Tmall Global, Douyin, JD.com, Shopee, and Lazada.
• Managing multiple stores poses challenges in financial data organization and reconciliation.
• Partnered with Digate for a digital transformation solution.
Digate Solutions and Technological Capabilities
• Digate seamlessly connects all domestic and international brand stores.
• Efficient data interfaces achieve synchronization and centralized management of order data.
• Connects various platform warehousing systems to retrieve product details accurately.
• Compares and matches data from platform orders and inventory for accurate financial reports.
• Automatically extracts and analyzes platform expenses, optimizing financial management.
Results and Achievements
• Collaboration with Digate optimizes financial management in cross-border e-commerce.
• Digate’s solution enables the finance team to synchronize operational data rapidly.
• Precise financial data empowers the brand to assess income and expenses accurately.
• Ultimately, optimized financial management processes enhance overall efficiency and control.
