For product-heavy SMEs, cost of goods sold (COGS) tells the truest story of health. But most only discover their real margins weeks after the month ends — by then, prices, suppliers, and stock levels have already shifted. The solution isn’t more complex reporting; it’s a simple weekly COGS check that happens automatically, using clear data captured as you go.
Here’s how to build that habit — and how ccMonet helps SMEs keep COGS accurate, live, and stress-free.
COGS begins the moment goods enter your system. If supplier bills aren’t logged on time, weekly cost tracking becomes guesswork.
With ccMonet, staff simply snap or upload invoices as they arrive. AI extracts the supplier, SKU, cost, and branch automatically — even from handwritten or multi-language receipts.
No manual entry, no lost bills — just daily accuracy that powers your weekly COGS view.
Your weekly COGS check shouldn’t require spreadsheets.
ccMonet’s AI Reconciliation connects supplier payments with sales data from your POS or delivery systems, tagging each cost to its relevant product or category.
That means your books always reflect what’s been sold, not just what’s been bought — giving you a live, rolling picture of margins.
For SMEs with fast-moving stock, missing or delayed inventory adjustments distort COGS instantly.
With ccMonet, stock usage or internal transfers can be logged as simple uploads (delivery slips, stock issue notes). AI categorises these as “inventory outflow,” keeping your COGS updated automatically — no manual adjustment needed at month-end.
Once your data flows cleanly, the numbers speak clearly.
ccMonet’s AI Insights dashboard shows:
That weekly rhythm helps you spot pricing issues or supplier cost spikes early — before they erode profits.
The best weekly COGS checks take 10 minutes, not hours.
Owners and managers simply open their ccMonet dashboard every Friday, review variances, and flag anomalies. AI handles the data gathering — humans just make decisions.
Monthly COGS reports look backwards. Weekly ones keep you proactive. When every supplier bill and stock movement flows automatically into your books, your numbers stay live, accurate, and actionable.
With ccMonet, product-heavy SMEs can finally track real costs in real time — without accounting complexity.
Stay sharp on your margins. Visit ccMonet to see how AI bookkeeping keeps your COGS under control every single week.
.png)
.png)
