XchangeIT is a Newsagency Industry initiative established by distributors more than eight years ago. Our purpose is to reduce supply chain costs and we achieve this by resolving common data-related challenges in the Newsagent channel. Currently over 2,000 newsagents use our system every day of each week of every year.
The XchangeIT platform focuses on transporting Delivery Data, Sales Inventory Data and Returns Claim Data between product suppliers and newsagent outlets. The platform excels in the area of Delivery Data and electronic Returns claims and has become an indispensable part of business for most of our customers.
XchangeIT Link connects newsagents to a rich range of services from a range of suppliers and distributors.
The key to distributor participation is Sales Inventory Data and the XchangeIT Link platform has the tools to measure, monitor and manage the data each newsagent provides to their suppliers.
When you are Fully Compliant:
1. You save time via electronic Delivery input 2. You manage your cash flow via better Returns management 3. You get a big discount off the base fee of $1,048 (INC-GST) – i.e. you only pay $490 when you are a Fully Compliant newsagent 4. You protect future sales because your Sales Inventory Data helps distributors replenish potential out-of-stock items 5. You run your business more efficiently via a single EDI portal 6. You save time and confusion via a single EDI portal 7. You manage your Returns Claims process more efficiently 8. You know at a glance what’s happening with this part of your business via:
ROI calculation, from a newsagent: 1. Cost of XchangeIT Link = $490 a year 2. Time saved (according to current users) = 4 hours a week = 208 hours a year 3. 208 hours X wage of $18.29 an hour = $3,804.32 (NOTE: Current National Minimum Wage = approx. $18.29) 4. $3,804.32 minus $490 = $3,314.32 – over 500% positive ROI. Sub-total 1. 5. Accuracy = you can put your own value on it – add it to the above number as Sub-total 2. 6. Quicker turnaround time for your Cash Flow via credits = you can put your own value on it – add it to the above number as Sub-total 3. 7. Add the three sub-totals for a comprehensive ROI Total.
Please contact XchangeIT for further explanation of ITC performance tests.
* POS DOS users do not qualify for all benefits due to technology constraints.
The role of the XchangeIT platform is to: 1. Transfer data in both directions between newsagents and suppliers 2. Measure and continuously improve the quality of that data, so that it is useful for your business decisions.
XchangeIT Link suppliers can choose which types of data to exchange, and which newsagents to exchange it with. Today the platform supports four data types however our underlying infrastructure is easily extended to the bespoke data types required by new suppliers, products or workflows.
The four existing data types (which are widely supported by POS systems and widely used- by newsagents) include:
From Supplier to Agent
From Agent to Supplier
Our existing services are designed for use with an approved in-store POS system. Current approved POS Systems are :
We also provide a Returns Confirmation service for approved suppliers and newsagents.
SALES PROMOTIONS We provide low cost, highly efficient sales promotions for suppliers who are our Partners – contact us for details. Note that our data formats have recently been upgraded. Please contact support@XchangeIT.com.au for a copy of the latest specifications.
ALNA Press Release on Lottoland Australia, 9 May 2018: Australia’s national industry body for newsagents and lottery agents, the Australian Lottery and Newsagents Association, is pleased that parliament has unanimously supported an amendment to the Interactive Gambling Bill that will bring important new consumer protections by closing the loophole that lotto betting sites have been operating out of. Adam Joy, CEO of the Australian Lottery and Newsagents Association said, “Today the lotto betting amendment to the Interactive Gambling Bill passed with unanimous support from the House of Representatives, and without even a division. This will protect Australia from synthetic lotteries. “We are encouraged by the clear intent of the parliament today to rebuke online betting on lottery outcomes in Australia. This is a win for Australians and an endorsement of the Australian Parliament, and we look forward to the amendment passing in the senate in due course. “The Federal Interactive Gambling Act already made it illegal to sell a scratchy online and play a poker machine online, and the federal government moved last year to further strengthen the act with an amendment to ban online in-play betting on sports and banning credit betting, as well as making it illegal for unlicensed operators to offer online poker. And today, we welcome the passing of an amendment that closes a further loophole in the Act by banning online betting on all lottery outcomes. “Given the misleading and divisive campaign run to try and prevent the passing of this Bill, we would like to see this Bill sent to the Senate quickly. In the meantime, the Australian Lottery and Newsagents Association will continue to provide strong advocacy for our members, including to help newsagents receive better deals on the products that they are legally permitted to sell, making sure that they aren’t excluded from access to the digital economy, and providing support to assist them in accessing the opportunities from the Federal Budget. “These include the instant asset tax write-off extension, an extension of unfair contract terms protections, and the new funding provided to the Australian Financial Complaints Authority to give our small business owners access to free, fast and binding dispute resolution.” The Australian Lottery and Newsagents Association is the only national association representing newsagents and lottery agents in every state and territory of Australia, and are the only newsagents’ association with a national ACCC collective bargaining authorisation. As such, it is the only association that is negotiating nationally with Tatts for further improvements. ALNA represents over 2,000 small businesses, many of them family-owned, who rely on the sale of official government regulated lottery products. There are over 4,000 lottery retailers in Australia. On behalf of those businesses and their staff, the ALNA thanks the government for its efforts to bring forward this important reform to protect Australian consumers. In particular, we thank Minister Fifield for his strong leadership, and Michelle Rowland for her bi-partisan support and stakeholder engagement, and also the Minor Parties and Independents. It is evidence that Australian political representatives, no matter what party they are from, understand what is important to fight for.
38-46 Albany Street
@ Copyright 2018 XchangeIT
For questions or comments please contact:
Phone: 1300 551 212
Hours of Operation:
8am - 5pm AEST Monday to Friday