Case Study: HFN automates product cost calculations with Forbytes

Trademax automates 500,000+ product cost calculations with Forbytes

Home Furnishing Nordic (HFN) faced significant challenges managing cost calculations for their vast product catalog manually through spreadsheets. This process was time-consuming, error-prone, and unable to provide real-time insights, hindering internal decision-making and financial operations. To address this, they partnered with the vendor Forbytes to develop an automated cost generation solution.

Forbytes implemented a custom cost generation tool that automatically calculates product costs based on dynamic triggers and various data points. The solution processes data for over 500,000 products, handles multiple currencies, and provides configurable reporting. This automation drastically increased data accuracy, optimized managerial efforts, and enabled real-time insights, allowing HFN to make better, data-driven business decisions.

Trademax