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Why data is king at IBC

By October 22, 2020 No Comments

Modern business runs on data: be it sales figures, stock control, account payments or purchase orders. But, at its heart, data is just numbers – facts and figures that tell you something about the state of your business. Is your cash flow healthy? How much stock have you ordered this month? How does your spend this quarter compare with the last?

Without data, merchant businesses can’t always tell whether they’re stagnating or in growth, what their customers’ outstanding debt levels are, how much rebate they’re due, or a million other things that must be interpreted and monitored in the day-to-day running of any merchant business.

The more data you have to hand, the better the decisions you can make to drive the profitability of your business – but gathering that data and then taking the proper time to interpret it is something that is often pushed to the back of a merchant’s busy to-do list.

As part of the next phase of IBC’s push to strengthen its members and make the day-to-day running of their business easier, the IBC Buying Group has introduced a new Business Information Zone that puts essential financial data at your fingertips, and much, much more.

The all-new IBC Zone has offers you more content, more information and more data, putting you firmly in control of your business. The existing IBC Member Portal is now housed within the new IBC Zone, meaning you can continue to make informed business decisions based on the most up-to-date data available.

The new IBC Zone also gives our members a single point of reference and access to rebate management, spend analysis and earnings.

You can track your complete spend through IBC, check your rebate levels, and see how your current spend compares with previous quarters, all broken down into a variety of options, from product category to individual supplier. The system can also be used to raise automatic queries with suppliers on invoice discrepancies, making finalising your financial data before payment quicker and simpler than ever before.

Also in the Zone will be all the latest price change notifications, promotions, deals and special offers that IBC Members have become used to accessing on our existing Portal, but with a streamlined navigation to make finding the special offer you want easier than ever before.

So, if you want all that data at your fingertips, from a buying group that is continually growing and developing for the benefit of all its Members, don’t forget to check out the IBC Buying Group’s new Business Information Zone.

For more information on the benefits IBC can offer, or to find out more about how to join IBC, visit or call 020 3195 7957.