Convenience Store | iRely - Enterprise Software for Commodities including Traders, Process Manufacturers, Cooperatives, Grain Elevators, Feed and Grain Operations, Agronomy, Ag Retail, Petroleum Distributors, Jobbers, Cardlock, Lubricant Repackagers, and Convenience Stores

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Convenience Store

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At the end of the day, are you sure you have accounted for every dollar for every item in every store? Do you know which store items are making you money and which are simply collecting dust? Are you certain you are achieving the margins you want for every item in every store? With iRely, you can be certain every penny is present and accounted for, ensure you’re making the most of your floor space, and efficiently and effectively set and manage the margins of every product in your store.

Daily Operations

TAKE CONTROL OF YOUR CASH

{Save labor with iRely through improved end-of-day procedures. Reconcile your cash with external transactions, such as credit cards, coupons, and store deposits. This information then flows from store to home office, saving time and eliminating double-entry errors. Throughout iRely, security is a priority. iRely allows you to make sure only those who should have access to certain menus and reports have access.

MANAGE YOUR MANAGERS

With iRely’s innovative and intuitive Manager’s Task List, you can ensure all the correct information is being transferred to and from stores and home office. Push price changes out to stores and pull inventory and sales information into the home office. Check for open checkouts, and manage your period and shift inventory counts. Make sure you have the data you need, when you need it, to make the right decisions

INTEGRATE YOUR STORES AND HOME OFFICE

iRely allows tasks that required physical records at the store level to be reentered at the home office to be electronically captured and sent to the home office. Enter invoices, employee work hours, and inventory counts to have that information flow through to payables, payroll, and general ledger. This saves on travel time to and from stores and eliminates errors and paper waste. In addition to information flowing from stores to the home office, the home office can push information out to the stores electronically. Price changes flow from the home office to the store.

Inventory Control

STAY ON TOP OF YOUR INVENTORY

iRely allows you to manage inventory by item level, retail/cost by department, or both at the same time! This allows you to closely monitor key merchandise and manage the rest by exception. Receive electronic invoices from vendors by item, by retail/cost by department, or both. Check invoices against actual items received and request credit memos from vendors for discrepancies. Save time and money across stores as this data moves electronically to the home office.

OPTIMIZE YOUR INVENTORY

iRely delivers a series of reporting and dashboard tools to help you understand your product mix and act accordingly. Decide which items remain on your shelves, and which items don’t make it into the store. Which items turn over more quickly than others? Are items priced incorrectly, either not moving as quickly or not earning the gross margins that they could? Leverage your sales and purchases history to make informed decisions on how to maximize your floor space. But what about products you’ve yet to consider?

With iRely, you aren’t limited to making decisions based on internal data. iRely allows you to store, cross reference, and track NACS categories alongside your own. Compare your performance with industry performance.

CONTROL YOUR SHRINK

iRely analyzes POS and inventory data to ensure that you’re receiving your margins on every item leaving your stores. Use physical inventory counts to identify high-risk merchandise and begin tracking these at item level while conducting the more frequent shift physical counts. This sends a clear message to customers and employees that you’re paying attention to your merchandise, but without incrimination. Combine these procedures with powerful reporting tools, and you’ll be able to quickly identify problem employees and customers and take proper action.

Pricebook

CONTROL YOUR PRICING

iRely gives you the power and the flexibility to manage your prices to ensure you’re attaining the highest margins possible from every item in your stores. Manage pricing at item-level or by department or both. With iRely, you don’t have to be locked into one system or another. On key items where margins are most susceptible to theft and pricing changes, track items by item-level and save time by tracking the rest of your products by department.

iRely operates a centralized pricebook that gives you complete pricing control over your entire organization. No longer do you need to adjust prices at each individual store, tying up registers. iRely allows you to automate your sale prices and complex pricing schedules, such as mix and match, 2-for-1, and combos. Be sure you’re not losing margins by forgetting to take items off sale price by setting special pricing expiration dates. iRely allows you to store information on Blue Laws and customer age requirements, helping you avoid costly fines. This information will then be sent to the POS and flag cashiers when they attempt to sell a restricted item.

CONTROL YOUR MARGINS

With iRely you have complete control of your margins, not just your prices. Price Definitions is a iRely specific tool that allows you to automate your margins based on rules you set. Do you want to achieve a 38% margin across a family of products? Do you want to ensure a particular amount of profit on a particular UPC? iRely makes these profit goals a reality. Set margins based on criteria, such as target margin, cost plus amount, cost plus percentage, sell plus amount, sell plus percentage, sell minus amount, sell minus percentage. Set beginning and ending dates to make sure you never miss out on a penny.

OPTIMIZE YOUR GROSS MARGINS

After you have automated pricing across your stores, you will be able to focus more of your attention on optimizing your gross margins. Do you know the price at which your customers will stop buying any one product in your store? With iRely, you can quickly and systematically uncover the price elasticity of key products. By applying price definitions and checking progress through the Item Movement History Report, you can uncover the optimal price for key products in your markets.

One Solution

At any point in time, can you gauge the success of your entire organization? iRely allows you to wrap your arms around every aspect of your business in a single, unified system. Whether you operate convenience stores or distribute petroleum products, or both, iRely offers a complete and comprehensive solution to manage your entire organization.

GENERAL LEDGER

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 C-Store from iRely GL, eliminating time spent on researching transactions. Eliminate time-consuming month-end entries by allocating overhead costs to departments based upon percentages.

ACCOUNTS PAYABLE/BANK ACCOUNT

iRely AP/Bank Account imports electronic vendor invoices and inventory scans taken at the store, saving you time, eliminating duplicate entry, and ensuring you pay for items you actually receive.

iRely also offers ACH, which allows you to save on checks and postage, and Positive Pay which ensures that only the checks you write get cashed by the bank. Our recurring voucher entry screen allows you to eliminate manual entries on recurring invoices. Allocate expenses on the voucher level from an account template, so you don’t have to make time-consuming entries to allocate cost in the General Ledger. Reduce entry errors by matching invoices to purchase orders, ensuring you pay the appropriate amount. Perform month-end bank reconciliations electronically to clear your checks and save time.

PAYROLL

iRely Payroll helps you maintain employee payroll information, calculate taxes, handle voluntary deductions, and print payroll checks. Eliminate tedious manual payroll calculations and save time gathering and preparing quarterly and yearly tax information.

TIME ENTRY

iRely Time Entry allows you to track employee hours electronically, either through your Point of Sale or through your store computer. Hours are tracked and then sent to the home office for Payroll processing. iRely Time Entry eliminates the need for a time clock and subsequent reentering of information at the home office.

PETROLAC

Do you distribute petroleum products, operate card lock, have unattended fueling sites, or repackage oil products in addition to operating stores? For petroleum retailers with wholesale operations, Petrolac is a must. Petrolac manages every aspect of the petroleum wholesale business effectively and efficiently. It tracks federal and state excise taxes, as well as, state and local sales taxes, even if you are operating in two or more states. Petrolac provides up-to-the minute company and customer positions and delivers accurate detailed reports in seconds. Both Petrolac and iRely C-Store are proven stand-alone solutions for even the largest organizations, but together they create an unrivaled complete solution for the petroleum wholesaler and retailer.

Industry Partners

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.