April 25, 2012 iRely has added additional features to its Petroleum Product. [More...]
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Why worry about multiple vendors when you can get all the functionality you need in a single, cohesive system? Are you running multiple A/R packages? The goal of iRely is to streamline, integrate, and automate all your day-to-day transactions. Whether cardlock comprises your a large or small portion of your business, iRely brings all your transactions under one umbrella, making your job easier while saving you time and money.
iRely integrates with all major card fueling networks and proprietary card solutions allowing you to track your card, billing, and credit management information within a single system.
Depending on the cardlock method you choose, iRely imports your transactions from online, through your POS, and/or per manual entry. iRely employs a review-edit-post methodology to ensure that any transactional errors and omissions are caught at import, rather than at month-end where they are much more difficult to track down.
iRely tracks and consolidates your accounts receivables, making billing and credit management a breeze. Mail, fax, or email invoices on your time line: weekly, semi-monthly, monthly, or quarterly. Invoices consolidate card transactions so you can send out one invoice, when you want to send it, without having to re-enter any information into the system. iRely also allows businesses to employ EFT, which has proven to increase cash flow and decrease bad debts.
As for credit management, printing credit letters directly from the system will save time and streamline processes. Print aged receivable reports and resolve customer payment issues before they spin out of control. Lock out cards (either by card or en masse) to prevent delinquent accounts from accessing more fuel.
In addition to integrating with national card fueling networks, iRely allows you to automate your house charges/proprietary cards. Save considerable time and improve accuracy over hand-writing and reentering sales transactions. From embossing cards to consolidating transactions to managing individual and account cards, iRely’s got you covered.
iRely incorporates into cardlock all the power behind its Special Pricing component as well as additional discount options for cardlock. In addition to the Special Pricing methods listed in our downloadable brochure, iRely offers volume discounts, prompt payment discounts, and OPIS based pricing. Discounts can be applied automatically across an unlimited number of pricing tiers.
With iRely’s automatic pricing abilities, you save time over manual calculations, eliminate calculation errors, and improve your customer service. As card transactions are brought into the system, you can be certain that your customers are being billed for the correct amounts. And for those who are members of card fueling networks, you can ensure proper amounts are being exchanged in foreign transactions.
iRely’s intrinsic integration allows cardlock operations to take advantage of its contract functions. Contracts give you the ability to lock in business, forecast cash flow, and unlock new opportunities in markets that demand fixed bids.
iRely tracks prepaid, dollar, and regular contracts. As sales tickets come in, pricing is calculated based on contract price. Dollar or gallon limits are automatically tracked and applied to ensure margins.
Along with customer invoices, print mileage reports; vehicle service reports; and fuels reports by card or vehicle including cost per mile, miles per gallon, or total miles driven. Reports can then be emailed or faxed electronically to the customer. Reports can also be downloaded into a spreadsheet and emailed to customers that want additional flexibility in managing their fleet fueling data. With iRely eCommece, all this information is made available online to your customers 24/7, in real-time.
iRely offers a wide array of reports designed to help you keep tabs on your sales staff, customers, products, sales, taxes, and network fees. Quickly calculate sales staff commissions. Estimate network fees to forecast upcoming payments, and ensure you’re paying the correct amount. Evaluate customer sales and uncover trends. Discover if you’re losing business to competitors. Evaluate the effectiveness of belonging to a network based on how many customers are making remote/foreign purchases and foreign sales. Additionally, any data tracked within iRely can be used to formulate queries that can be displayed in the iRely iGuide, making your reporting abilities limitless.
iRely’s tax reporting offers a tremendous amount of labor savings to cardlock operators. iRely can literally do in minutes what takes days to do by hand.
iRely handles the setup and maintenance of tax codes and rates for states where fuel is sold and purchased, including excise tax reporting. Generate a tax exempt remote purchases report to request refunds. Tax exemptions can be tracked by account, card or vehicle. Whenever relevant transactions are made, tax information is stored and tracked through the system in real-time.
When it comes time to submit your taxes, iRely prints out all the necessary tax documents, and, if your state allows, submits them electronically. That information is then stored so that when audits occur, they can be quickly and easily resolved.
iRely Petroleum’s built-in A/R and Credit Managemnt tools are essential to improving cash flow and reducing bad debt in a fraction of the time it takes with traditional methods. By infusing A/R into our product, all inventory, blending, cost, price, and sales transaction information interact to form a solid defense against losing dollars to delinquent accounts. iRely allows you to flag over-due accounts, limit the amount of credit offered to a customer, and to employ tools such as EFT and budget accounts to improve collections.
iRely General Ledger categorizes and summarizes your accounting data by both units and dollars so you can easily review various expense or income categories. Compare these categories to budgets or prior periods for up to 5 years. This vital management information can be used to increase the profits of your business by allowing you to spot and reinforce income-generating areas, eliminate waste, locate areas which are over budget, and implement actions for correction. Drill down to the source transaction in iRely Petroleum from iRely GL, eliminating time spent on researching transactions.
iRely AP/Bank Account connects seamlessly with iRely Petroleum saving time and eliminating duplicate entry. iRely implements a receipt-verify process on pending payables created in iRely Petroleum to ensure that you never pay for items you don’t receive. Additionally, iRely offers Positive Pay which ensures that only the checks you write get cashed by the bank. Our reoccurring payables screen allows you to eliminate manual entries on recurring invoices. Reduce entry errors by matching invoices to purchase orders, ensuring you pay the appropriate amount.
iRely Payroll helps you maintain employee payroll information, calculate taxes, handle voluntary deductions, an print payroll checks. Eliminate tedious manual payroll calculations and save time gathering and preparing quarterly and yearly tax information.
iRely Patronage is a key component to managing member-owned fuel distributors. Save time when calculating refund checks and preparing iRS and other government documentation with iRely Patronage. Track sales volumes on which to base refunds as well as stock dividends.
Give your customers the ability to access their accounts online 24/7. Improve customer service while reducing the time you spend on the phone. iRely eCommerce is secure, robust, and accessible through your website in real-time.
iRely’s eDocs Suite comprises three products: eSignatures, eForms, and eDistribution. These products come together to allow you take a green approach by doing business electronically. Capture signatures electronically, create, view, and store electronic forms, and distribute these forms to your customers through email and fax. Save time, save space, save paper, and save money.
Do you operate convenience stores in addition to distributing petroleum products? iRely C-Store manages every aspect of the petroleum retail business effectively and efficiently. It centralizes your pricebook and streamlines your daily operations. iRely C-Store allows you to maximize your inventory, merchandising, and pricing to ensure you make more money. Both iRely C-Store and Petroleum are proven stand-alone solutions for even the largest organizations, but together they create an unrivaled complete solution for the petroleum wholesaler and retailer.
iRely forges strong industry partnerships. We partner with numerous industry suppliers creating exceptional electronic interfaces and synergistic programs. Additionally, we support local industry associations to stay on top of legislative and local environmental changes.
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