Stock or inventory management software helps businesses track stock, orders, sales and services. It's typically used in a variety of industries including manufacturing, retail, and some types of services businesses.
Firstly, map out all of your existing inventory management processes. When you introduce inventory management software, ensure you have buy-in from all employees. This means training them and also identifying some team members who can answer colleagues’ questions and promote the use of this new technology on a day-to-day basis. Consider moving from spreadsheets to cloud software. Finally, ask an expert for help via organisations, training bodies or even in-product support.
Having too much inventory risks tying a business's capital up in unused stock.
You’ll also have to pay to store it, protect it, and insure it. Excess inventory runs the risk of reaching its shelf life before it's used or sold. Inventory management software mitigates many of these issues and helps a business free up capital for other areas.
Inventory management software, like Sage Accounting, starts at €31 per month. You can also try it for free.
Free with every subscription - Sage mobile app works alongside your Sage Accounting, helping you control your business while you’re on the move.
Get added functionality with our partner apps which integrate directly with Sage Accounting, bringing you more tools that help you get the job done.
Improve cost efficiency
Improve manufacturing business processes for lower inventory levels, less admin work and better and faster service for your customers.
Gain control and maximise profit
Gain total control over your jobs and staff, allowing your company to run in the most streamlined and cost-effective way, achieving maximum profit.
Remove the need for data entry
AutoEntry is an intelligent, cloud-based solution which eliminates bookkeeping data entry, so users never again have to type up invoices or receipts.
Fast and easy job management app
Tradify streamlines and automates your job tracking, from enquiry to payment. Reduce admin hours in scheduling, payroll and more.
“When my mind is focused on creating scents I like to spend as little time as possible doing manual paperwork. With Sage Accounting, you can see what’s going on in your business in a cohesive way.”
Samantha Jameson
Soapsmith
Whether you're new to accounting software, Sage or an existing customer, get expert answers on features, pricing, data migration and more.
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