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How Inventory Management Software can Work for You

How Inventory Management Software can Work for You

Improve Customer Service with Real-Time Access to Available Inventory, Inventory-In-Transit, and Inventory Costs.

 

Key Benefits of Inventory Management Software for Your Company

 

Accurately manage costs

Accurately track costs of goods sold and inventory holding costs. Select a different valuation method for each inventory item. Create GL entries directly from inventory transactions. Automatically or manually allocate freight costs on sales orders, shipments and invoices.

 

Multiple warehouses

Manage multiple warehouses with location-specific inventory quantities, allocations, and costs. Redistribute inventory from a central warehouse to other warehouses automatically upon receipt.

 

Multiple valuation methods

Use standard cost, moving average, FIFO, and item-specific methods. Select a different valuation method for each inventory item. Make direct adjustments to cost and physical inventory count using report and inquiry screens.

 

KEY BENEFITS GET SECURE ACCESS FROM ANYWHERE • View, modify, and analyze inventory using any popular web browser • Restrict access to inventory by item or warehouse

IMPROVE CUSTOMER SATISFACTION • Honor contracts and fulfill orders as promised with real-time access to inventory levels and customer-specific pricing

MANAGE COSTS • Accurately track costs of goods sold and inventory holding costs • Create general ledger entries directly from inventory transactions

SPEED UP DATA ENTRY, MINIMIZE ERRORS • Save time entering data with inventory sub-items and flexible screen layouts • Reduce errors by setting default accounts, subaccounts, valuation methods, lot and serial numbers, storage locations, and sub-item values

ACCELERATE DECISION- MAKING • Use drill-down reports and dashboards to gain access to past information and provide insights into future needs

 

To view the product sheet and learn more https://www.acumatica.com/cloud-erp-software/distribution-management/inventory-management/

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