Sage Intacct Inventory Control
Inventory control is vital for product-reliant companies, leading to great customer satisfaction and profitability. Tax compliance requires a full record of what you have, what is sold and what it is all worth, and Sage Intacct inventory control works alongside your purchasing order to automate your inventory, help you track your levels and keep you in control.
Inventory control reduces risks and improves your cash flow.
Knowing the value of your inventory is essential for understanding the financial health of your organisation, whether you work in wholesale distribution, retail or serve clients. With Sage Intacct, you can calculate precise value derived from your business requirements, and added costs can be captured to ensure you have a true cost of goods.
Maintaining optimum inventory levels leads to customer satisfaction, and balancing serving customers and avoiding tying up excess capital is necessary for maintaining healthy inventory levels. With inventory management, you can monitor and manage multiple locations and warehouses and automate your reorder policies by time of year and inventory levels so you're always in full control of your stock levels.
Standard or custom templates can be employed for adjustments, damaged goods, transfers, scrap and even more to eliminate manual counts and meet your businesses exact needs. Plus, with a seamless inventory workflow, Sage Intacct gives you a clear picture of your inventory processes from vendor quotes through to customer invoices.
Comprehensive reports are built into Sage Intacct's inventory management package, so you can analyse locations, inventory, products, replenishment projections and status all in real time. Easily view and optimise your inventory levels and set precise reorder quantities and points, and enable granular analysis by filtering reports by warehouse.
How inventory management puts you in control:
- Multiple costing method options such as standard, average, FIFO and LIFO.
- Tiered pricing.
- Capturing costs from later or even previous periods for automatic recalculation.
- COGS calculations.
- Define inventory transactions for transfers, fulfilment and more.
- View stock level lookup in real-time, by warehouse or overall.
- Track warehouse location, serial numbers, bins and lots.
- Set your unit of measure.
- Control and define stock level adjustments and replenishments.
- Drop shipping, alternate vendor assignments and economic order quantity tracking.
Contact us to see how Accord Consulting can improve your inventory management processes with Sage Intacct's financial management software.