How SimplyDepo and Settle Work Together to Cut Operational Costs for CPG Companies

“My team is drowning in manual tasks.”
”We don’t trust our landed costs.”
”Managing orders, inventory, and payments across multiple systems is a nightmare.”

Sound familiar? You’re not alone. Growing CPG brands face these daily challenges, struggling with outdated systems that slow them down and eat into margins. SimplyDepo and Settle have joined forces to fix this.

With the right tools, you can grow your business without adding headcount, eliminate costly errors, and finally get a clear picture of your costs and margins. No more copy-pasting, no more guessing—just streamlined operations and better financial insights. Here’s how SimplyDepo and Settle work together to make it happen.

Automating and Optimizing Order Management

SimplyDepo’s Order Management solution is designed to eliminate manual processes and enhance operational efficiency. With SimplyDepo, CPG brands can:

• Streamline order processing: Automate order uploads and tracking to ensure seamless execution across sales channels.
• Improve accuracy: Minimize errors by centralizing all order details into one system, including third-party orders and returns.
• Enhance multi-channel management: Whether selling through distributors, retailers, or direct-to-consumer, SimplyDepo ensures all order data is organized and synchronized in real-time.
• Integrate with Shopify, ShipStation, and Stripe: Simplify order fulfillment and payments to keep operations running smoothly.

Settle complements this by ensuring that financial workflows related to order fulfillment are accurate and automated. With Settle’s Automated Receiving feature, brands no longer have to worry about discrepancies between POs, invoices, and actual shipments.

Automated Receiving for Accuracy and Cost Control

Receiving inventory from suppliers can be a logistical headache. Are all the units from your PO accounted for? Have pricing updates been reflected correctly? Settle’s three-way match automation (3WM) takes care of these issues by:

• Pulling shipment receipt details from your WMS automatically.
• Matching them with the correct PO and invoice.
• Detecting quantity or pricing discrepancies instantly.
• Allowing brands to easily request vendor credits and track them.

By combining SimplyDepo’s Order Management with Settle’s automated receiving, CPG companies gain full visibility into their orders and payments, eliminating costly errors and ensuring they only pay for what they receive.

Efficient Route Management to Reduce Distribution Costs

Beyond order processing, distribution logistics are another major cost center for CPG brands. SimplyDepo’s Route Management Software optimizes field sales and delivery operations by:

• Planning efficient sales rep routes: Ensuring that sales reps visit the right stores at the right time to maximize sales opportunities.
• Reducing mileage and fuel costs: Optimized routing helps cut unnecessary travel, reducing operational expenses.
• Tracking store performance: Gain insights into which locations perform best and adjust strategies accordingly.
• Streamlining communication: Sales reps, drivers, and managers all stay connected, ensuring smooth operations across territories.

By integrating SimplyDepo’s Route Management Software with Settle’s financial tracking, brands can see the real-time costs associated with field operations and adjust strategies to improve profitability.

Inventory Management and Forecasting for Better Decision-Making

A major challenge for CPG brands is maintaining optimal inventory levels. Too much inventory ties up cash, while too little leads to lost sales. Settle helps brands manage and forecast inventory in real time by:

• Providing SKU-level visibility across locations and sales channels.
• Automatically pulling inventory balances from multiple warehouse locations.
• Connecting with Shopify, Amazon, and Walmart to track sales and update stock levels accordingly.
• Factoring in lead times, historical demand, and on-hand inventory to predict when SKUs are at risk of stocking out.

With SimplyDepo’s Order Management seamlessly feeding data into Settle’s inventory tracking, brands can make data-driven purchasing decisions to avoid stockouts or overstocking while optimizing cash flow.

Real-Time Landed Costs and COGS for Profitability Management

Margins matter more than ever for CPG brands. Understanding landed costs, COGS, and profitability per SKU is crucial for making informed financial decisions. Settle’s tools enable brands to:

• Calculate landed costs accurately: Even before shipping and duty costs arrive, brands can estimate their total costs for each PO.
• Easily update costs: When final shipping and duty bills come in, Settle makes it simple to adjust landed costs and see their impact.
• Monitor COGS trends: Brands can track cost fluctuations over time for each SKU, helping them identify cost-saving opportunities.
• Generate accurate end-of-month reports: Provide accountants and bookkeepers with clean financials, starting and ending inventory balances, and COGS data.

By integrating SimplyDepo’s operational tools with Settle’s financial insights, CPG brands gain real-time visibility into costs, margins, and profitability, allowing them to make smarter financial decisions and improve cash flow.

The Power of SimplyDepo and Settle Together

Running a successful CPG brand requires the right tools to streamline operations and optimize costs. SimplyDepo and Settle work together seamlessly to:

• Automate and simplify order management.
• Ensure accurate financial tracking of shipments, invoices, and inventory.
• Optimize route planning and reduce field operations costs.
• Improve inventory forecasting and prevent costly stockouts.
• Provide real-time landed cost tracking for better profitability management.

With this powerful combination, CPG brands can reduce operational inefficiencies, improve margins, and focus on growth, without getting bogged down by complex logistics and financial tracking.

Are you ready to cut operational costs and take your CPG business to the next level? Get started with SimplyDepo and Settle today!