Why Effective Inventory Management Is Critical to Accurate Accounting
Every retail or wholesale brand needs an inventory management system, but, shockingly, not all of them have one.
If your business is scaling and selling through more channels, you’re probably at the point where spreadsheets are no longer cutting it. Recording and reporting on inventory in multiple locations is complicated and time-consuming, but even though time spent on these administrative tasks typically translates into money lost, they still have to be done.
Cloud-based inventory management that integrates with your QuickBooks or Xero accounting software can save you time and money and prevent potentially costly errors. With robust inventory management software like Cin7 in place, you’ll be able to easily pull operations data to make informed accounting decisions and manage eCommerce orders, warehouse fulfillment, retail inventory, point of sale and more.
In this white paper, we discuss: