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Why Good Data is GOLD

Tom Doyle
by Tom Doyle on April 26, 2016 at 6:03 PM
Accurate, consistent product data used throughout your dispensary is the key to profitability.

Have you ever stopped to think about all the areas in your practice that are impacted by the accuracy of your product data?

If not, take a look at the infographic below.  As you can see, product data is used throughout your frame dispensary's business, and as a result, the accuracy of that data can have wide-ranging effects on your efficiency and profitability.

If you have errors or out-of-date inventory data, you will have more

  • retail rates set too low
  • incorrectly processed lab jobs
  • inaccurate managed care reimbursements
  • duplicate frame entries
  • missing frames
  • wrong or missing UPC codes
  • misleading reports

And the list goes on!

Frames change so frequently that your inventory database can quickly become unusable if not properly maintained and updated.

That's where Frames Data comes in.

Frames Data provides you with accurate and up-to-date product info that loads right into your practice management software. It eliminates data entry of frame information, so you reduce costly data entry errors as well as the time you spend updating your inventory by hand!

Take a look at the infographic below to see how accurate info from Frames Data Is used throughout your frame business, and leads you to your very own pot of gold!

FD_InventoryProject_Final

 

Suggested further reading:

F.A.I.L.S. Does your practice suffer from this common problem?

What's the Big Deal? Why Frames Data IDA changes everything.

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Tom Doyle
Written by Tom Doyle
Tom Doyle is Frames Data’s Director of Marketing & Key Accounts, and has been working as a marketer within the optical industry for over 10 years. In that time he’s worked with many software companies on new integrations, and has developed an understanding of what works and what doesn’t. Tom is also keenly interested in productivity methodology, the color orange used in marketing, and karaoke. He is also a die-hard cat person.
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