Manager using tablet while worker scanning package in warehouseFor your small to mid-sized business (SMB), the better you can track and manage inventory, the more successful your business will be. This requires more than simply keeping track of what’s on the shelves. There are some great software tools available today to help SMBs streamline inventory management, and one of our favorites is the cloud-based ERP, Acumatica.

Acumatica is an innovative and complete ERP cloud solution that’s highly consistent and customizable. It includes rich functionality covering finance, payroll, HR, distribution, manufacturing, CRM, service, and inventory. Let’s focus on the benefits of using Acumatica for inventory management.

With Acumatica, you have a real-time view of your inventory. This provides you with more visibility into your business, enabling you to make key decisions with real-time data. Acumatica has impressive inventory management capabilities. Combine those with their extensive reporting tools and you’ll take the reins in the inventory race. You won’t ever want to look back! You’ll have better control over costs with accurate tracking of goods sold. You’ll be able to dig into the data and determine which inventory is sitting around, holding onto costs. You can manage multiple warehouses with location-specific inventory giving you a clear picture of distributed business. You can even integrate your inventory with your CRM in order to convert opportunities into sales without re-entering information such as pricing and discounts. This gives your customer service team visibility into inventory tracking so they can address questions about shipment locations and delivery statuses. By empowering your business through the tools included in Acumatica’s inventory management, you gain huge benefits.

As we’ve helped our customers implement Acumatica’s cloud-based ERP, we hear lots of feedback. These are seven benefits they love about inventory management:

  1. It can auto generate serialized inventory to improve tracking and costing
  2. It captures all inventory reporting for the company in one system
  3. It improves and automates your inventory controls, helping you move from periodic inventory to perpetual inventory
  4. It cuts costs and improves efficiency with inventory forecasting
  5. It provides end-to-end inventory tracking with unique identifiers such as serial numbers
  6. It automates your inventory replenishment by simply defining parameters
  7. You can even integrate your own, custom inventory management software with Acumatica

Acumatica delivers the real benefits that your business requires for inventory management. There are so many more benefits of getting started with this great system. We want to help you see the difference. Let’s design a solution unique to your company.