Accounting & Stock Management
Stock or Inventory defined as to have or keep a supply of a particular product or type or product that is available for the ultimate purpose of sale.
Inventory management system is an excellent tool which is used for creation of a work order, bill of materials and other production-related documents in most of the organizations in order to avoid product overstock and outages.
Advantages: - Several advantages of using inventory management system in a your business: |
Cost savings - It helps companies in minimizing the over expense on parts or products in storage as well as keep lost sales to a minimum by having enough stock on hand to meet demand.
Increased efficiency - software can automatically collect data, conduct calculations, and create records. This not only results in time savings, cost savings, but also increases business efficiency
Warehouse organization - Inventory management software can help distributors, wholesalers, manufacturers and retailers optimize their warehouses easily.
Updated data - Up-to-date, real-time data on inventory conditions and levels that benefits companies: to keep check on current inventory numbers and allows businesses to make informed decisions.
Data security - With the aid of restricted user rights, company managers can allow many employees to assist in inventory management. They can grant employees enough information access to receive products, make orders, transfer products and do other tasks without compromising company security. This can speed up the inventory management process and save managers’ time.
Insight into trends -Tracking where products are stocked, which suppliers they come from, and the length of time they are stored is made possible with inventory management software.
We at XTREEM SOFTWARE provides you the readymade and or customized applications with minimum maintenance and support as per your exact requirement. For more details, please, communicate with our representative on the given contact details.