Inventory Management Software
Make quoting and invoicing easy by integrating your accounting appMost inventory apps allow you to integrate with your cloud accounting app such as Xero, MYOB, or QuickBooks Online. The benefit being that invoices, purchase orders, stock levels, shipments received, and more are all synced across your accounting and inventory app, saving you time entering the same data twice.There are many inventory management software on the market offering all of the features that the modern business owner needs to run their business.
Inventory management software makes running your business easier and provides you with the information you need to manage customers, fulfill orders and dispatch the right product at the right time. Inventory management software lets you keep track of stock quantity and value, see what your best selling and most profitable products are, and makes quoting, invoicing, ordering and shipping simple.
If you are a manufacturer, wholesaler or distributor that wants to reduce time-consuming processes, then inventory software is ideal. It can help you with stock visibility, understanding profit margins and making more informed decisions about what to reorder and when to order it.
The Benefits Of Inventory Management Software
Save time by replacing manual excel spreadsheets with automated software
Updating your inventory management from spreadsheets to an app not only saves you a whole lot of time inputting data and manually calculating key data, it also reduces the margin for error significantly. One error in excel can result in hundreds of errors in your business, you can remove this risk entirely with inventory management software
Provide stockists with a B2B portal to easily make and monitor purchases
Making it easy for your customers to purchase from you is key to your success. Using an inventory management B2B eCommerce platform not only makes it easy for your customers to buy, but allows you to custom price your stock, and tailor the stock and ordering process to a specific customer: increasing your sales.
Get complete stock visibility at all times from anywhere on your phone, tablet or desktop
You no longer need to be at your desk, in your office, or even on a specific device to access you inventory data or see how sales are progressing. With inventory management apps you can see your products, customers, and orders from anywhere on any device. It makes it easy to check on your business just by logging in.
See which products have the highest margins and are most profitable
In just a click of a few buttons, you can see exactly which products are performing best for your business. This real-time data can be accessed from any device, and provides you with the data trends that are going to impact your business decisions, including what to reorder, and at what time of year, and much more.
Automate the ordering, dispatching and shipping process and save time
Many inventory management apps help you to automate the ordering, dispatching and shipping process, either on their own or by integrating with shipping software. Using Pick, Pack and Ship, you can save hours on manually entering data, working on shipping info and maintaining stock levels, saving you hours of admin time.
Reduce waste by managing product spoilage through simple serial tracking.
With the right inventory control software you can understand your stock better and make more informed ordering and pricing decisions. Some inventory apps offer serial and batch tracking which allows you to see the status of the stock, including the batch expiry, so you can greatly reduce wastage and save money.
Make quoting and invoicing easy by integrating your accounting app
Most inventory apps allow you to integrate with your cloud accounting app such as Xero, MYOB, or QuickBooks Online. The benefit being that invoices, purchase orders, stock levels, shipments received, and more are all synced across your accounting and inventory app, saving you time entering the same data twice.
Get the reports you need to ensure your business is the most profitable it can be
One of the greatest benefits to inventory management software is the reporting functionality. This data is what will really impact your business decisions and determine whether you are successful or not. With data such as best customers, most popular products, best-performing channels, top warehouses and much more.
Inventory Management Software Features
Inventory Management
Maximise your sales by ensuring you have the right stock on hand, in the right locations. See exactly how much product you have, its value, expiration, order status, shipping details and much more.
Selling
Avoid losing out on a sale. Track all customer orders from quote to shipment. Whether they are split, partial or back-orders, stock management apps make it easy.
Product Lifecycles
Track your product's lifecycle. Use batch tracking to keep on top of stock perishables or to track an ingredient from freight through to sale.
Payment Methods
Make getting paid easier by using inventory management apps which accept payments by credit, debit, stripe and PayPal and make purchases easy.
Stay Mobile
Set your customers up with tailored price lists and discounts, show or hide stock level information and allow customers to easily reorder from your inventory B2B eCommerce site.
Multiple Locations
Keep on top of all of your stock no matter where it is. Whether it is across multiple warehouses in multiple locations around the world, you can see it all on one piece of software.
Inventory Selling
Make it easy for retailers and stockists to order from you with a central place to see your inventory, place orders and track the entire process.
Reporting
Understand your business better with a holistic view of your inventory, see a clear picture of your data and get trending data so that you can more accurately forecast and grow.