DigiTally Stocktaking News
Stocktaking News & Developments

What is Gross Profit?
Features Pricing Contact Us Login Schedule a Demo What is Gross Profit? Gross profit (GP) is your net sales (gross sales less VAT/sales tax) minus your Cost Of Goods Sold (COGS, also called Cost Of Sale). Your COGS is the direct cost of producing the product or service. Your sales are normally taken from your […]
DigiTally achieve Business All-Star Accreditation
DigiTally achieve Business All-Star Accreditation DigiTally has achieved the coveted All-Star Food Inventory Management Technology Accreditation from the All-Ireland Business Foundation. Our team has been very busy over the last 8 weeks working with the All-Ireland Business Foundation to achieve our Business All-Star Accreditation Certificate. This accreditation is an outstanding achievement and recognises the hard […]
What can Retailers do to Reduce Stock Loss/Shrinkage?
Features Pricing Contact Us DigiTally Login Schedule a Demo What can Retailers do to Decrease Stock Loss/Shrinkage? With an increase in stock losses by 22.2% and cost of over £5bn in lost sales to retailers, we have decided to provide you with a list of the top 10 ways to reduce stock losses in your […]
Am I Overstocked? How to Calculate your Days Stock on Hand
Am I Overstocked? How To Calculate Your Days Stock On Hand As a food business, gross profit margin and cash flow are the two most important parts of your business (outside of food quality) that are paramount to staying above the survival line and generating the profits you require. When generating your gross profit it […]
9 Ways For A Food Business To Increase Profits
9 ways for a Food Business to Increase Profits For many food business owners, they work hard, potter along with the everyday tasks, and for many businesses, they are not actively reviewing their margins. Receiving your end of year margin several months after the year has already passed is now a thing of the past. […]
7 Golden Rules of an Inventory Count
7 Golden Rules of an Inventory Count These are our general rules for inventory counting, although most are to do with a physical count, a lot of these rules still apply here when using a digital method such as the inventory counting software that Digitally provides. An accurate inventory count helps you make the correct decisions about […]