Procurement Tips

Why Your Price List Is Always Out of Date

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TL;DR: A supplier raises prices, the notice gets buried, and weeks later you're selling below cost. Learn why manual price list management fails and how Pomanager keeps prices current with linked supplier items, saved contract prices and invoice price checks.

Why Price List Management Is So Hard Every trading business has the same story. A supplier raises prices and emails a notice. Someone means to update the price list, but the email gets buried. Weeks later, you realize you've been selling below cost. Poor price list management isn't about carelessness. The real problem is that price information lives in too many places: supplier emails, old quotations, contracts, spreadsheets and people's memories.

The Real Cost of an Outdated Price List

When prices aren't current, you lose money in ways that are easy to miss: You sell below cost after a supplier raises prices. You pay a supplier more than last time and nobody notices. Different staff quote different prices to the same customer. Time is wasted searching old emails and files for the last price.

How Pomanager Automates Price List Management

Pomanager brings all your price information into one system and keeps it updated: Linked supplier items. When a connected supplier changes a price, your linked item updates, and so does your price list. Contracts with saved prices. Agreed prices for regular customers and suppliers are stored, and every new PO or quotation keeps the previous price on record automatically. Previous prices on every document. When you create a PO or sales invoice, the last price you paid or charged loads automatically. Automatic invoice price checks. Pomanager flags prices that look wrong before an invoice goes out.

From Manual Updates to Automatic Price List Management

A price list you have to remember to update will always fall behind. With Pomanager, price list management happens as part of your normal work. Suppliers update their prices, contracts remember what was agreed, and every document shows the right price without anyone searching for it.

Start Managing Prices the Smart Way

Pomanager is free to start, with unlimited POs, quotations and price lists and access to the B2B network. Sign up at pomanager.net and let your price list keep itself current.

Frequently Asked Questions

How does Pomanager update my price list automatically?
When a connected supplier changes the price of an item linked to yours, your item and price list update automatically.
Can I see the last price I charged a customer?
Yes. Previous prices load automatically when you create a PO or sales invoice.
What does the invoice price check do?
It flags prices that look wrong before you finalize an invoice, so pricing mistakes are caught before they cost you.

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