Too little, too much - ouch!
For product based companies inventory is their life blood. Accurate inventory management can mean the difference between being profitable or going into bankruptcy. Too little inventory and customer service begins to suffer because product cannot be shipped on time. Too much inventory and you are tying up capital, and ultimately wasting money.
Most entry level accounting packages do little to accurately track and properly cost inventory. Gravity Software® (Gravity) gives you real-time visibility to your inventory status and your inventory requirements. With Gravity you can manage re-order points, minimum and maximum inventory levels and show a real-time available to promise. Gravity gives you complete visibility into your inventory at any time.
Multi-location inventory
As your business grows and you require multiple warehouses, offices and/or stores, you need to the ability to monitor your inventory at each individual location. With a true multi-location inventory, Gravity gives you the ability to track your products wherever you do business.
In addition to multi-location inventory and real-time inventory tracking, Gravity provides all the recognized costing methods: First In, First Out (FIFO); Last In, First Out (LIFO); Weighted Average; Standard and Specific Identification. With our real-time dashboards, inventory issues are always visible.
The importance of tracking inventory for small to medium sized businesses is critical and the ease of use is just as important. If it is difficult to maintain it won’t be used and will be of no value. Gravity combines the features and power that smart businesses need with ease of use. No more devastating year-end inventory adjustments reducing your company’s profit.
If your business is outgrowing your current accounting solution, take a look at Gravity Software. More than just accounting, Gravity provides you with the necessary tools and processes to help your business grow. Learn more and schedule your online demo today. My business is connected. Is yours?
Gravity Software
Better. Smarter. Accounting.
