Having an integrated QuickBooks inventory management system can save time and money by automatically keeping inventory levels balanced.įishbowl Inventory is the No. By combining QuickBooks and inventory management software, they can know how much inventory they need, where it is and how much it costs to maintain it. Wholesalers, distributors, retailers and manufacturers walk a fine line between being overstocked and out of stock on products and parts. Good inventory software keeps business owners informed on all aspects of their inventory, including quantities, sell-by dates and when to reorder more. Inventory management software can help small businesses improve their profitability and stay in business by taking the guesswork out of inventory planning. Luckily, inventory system software has been developed to fill in QuickBooks’ gaps. However, QuickBooks lacks the necessary inventory management tools companies need as they grow. To remain competitive, many small-business owners think they only need to use QuickBooks, which is the most popular accounting software. In fact, many small businesses cannot absorb the types of losses arising from poor inventory management.” “ must be well managed in order to maximize profits. Many companies are turning to inventory system software to solve the complex problem of maintaining healthy inventory levels.Īccording to the SBA’s document entitled “Inventory Management,” tight inventory control is a key factor in small businesses’ success or failure. ApPRLog - OREM, Utah – Strong inventory management is essential to small businesses’ survival, according to a report by the U.S.
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