Utopa

Decrease Costs

How does Utopa Decrease Costs? Utopa decreases costs by making the business more efficient.

Speed up checkouts
Instantly recall any transaction or credit card charge
Quickly calculate your monthly sales tax
Maintain records for quarterly and annual accounting
Reduce Employee theft
View reports to monitor inventory and Sales
Reduce your cost of operating the web store
Increase security and reduce theft and fraud

Let's use the following example of time savings, valued at $12.00/ hour for a store with revenues of about $200,000:

Cost reduction action using utopa	Hours saved	Dollars saved
Reduce time required for researching transactions and credit charges	1 hr month	$12/ month
Reduce time required for checkouts and order management	1 hr month	$12/ month
Reduce time required for calculating sales tax and other accounting jobs	3 hr month	$36/ month
Reduce theft and fraud with security tools		$50/ month
Reduce your cost of operating web store or web presence	2 hr month	$24/ month
View reports to monitor inventory and Sales	1 hr month	$12/ month
Adjust staffing of the store with the best sales personnel and reduce staff during slow periods	8 hr month	$96/ month
Eliminate unpopular inventory	$1,000 onetime benefit
Additional Savings from implementing Utopa	8 hours/ month	$242.00/ month

In the above example the store has total cost savings of $ 242/ month and $2904/ year. The store also has an additional onetime benefit from reducing unpopular inventory. This is a savings of 1.45% annually in costs.