What features a low cost inventory system must have for small business?

 


No matter what size of business you are dealing in, Inventory Management is not just about tracking items and organize them efficiently. Inventory management identifies the right quantity of product and helps to determine which product sell more and which do not hence give you the ability to adjust stock levels accordingly.

Small business owner need to understand the importance of a good inventory software for running their business smoothly. To make sure that you purchase the best inventory software for your business first let me give you an idea that what features a low-cost inventory system must have for small business.

User-Friendly

A user friendly inventory system should have a simple but interactive interface which is easy to use even for non-tech persons. It should be easy to navigate, and load information quickly. The system should include a help manual to guide the new users about the work flow of features. It should also offer video tutorials and FAQs for users training. Many vendors like ERP Gold offers a free 14 days trial to explore features to find your best fit.

Compatible with Existing Software

Small businesses use their customized low-cost software solution to run their business operations to save charges for extra features. Ideally the inventory software you are planning to purchase should be able to easily integrate with your existing business software. Compatibility will save time to transfer data between two systems and will automatically update the stock levels after every operational activity.

Automatic Restocking

Low-stock situations give the greater chances to miss out a customer and you lose immediate sales. Customer might find another vendor for the similar product and shift his trust there. Inventory management software must have the ability to automatically restock the product. It should allow you to set the lowest stock limit and once the product fall below that limit it automatically place an order with your vendor to restock the low items.

Sales Trend Prediction

One of the valuable feature inventory software offers to small businesses is the ability to forecast sales trend of products. Which help you to determine future inventory needs. Also by analyzing the purchase history of the customer it helps you to make proactive decisions for product restocking.

Mobile Access

Having a mobile app for desktop or web software is the new trend in business world. It gives you an ease to use your software remotely. This is a real benefit for the business owners whose work require travel yet they have to look into business ongoing operations. They easily can access their business data from their handy smart phone or tablet with easy.

At ERP Gold we provide low-cost customized inventory solutions for small to mid-sized business which provides all the necessary functions mentioned above. 

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