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Stay up-to-date with the latest stories on accounting trends, news and pro insights.

Inventory, Inventory Management, Omni-Channel
Oct 31, 2019

Why Inventory Management Matters More Than Ever

Inventory is the lifeblood of any products-based business. It’s the top capital expense, the vehicle for profits, and the very reason customers interact with a company in the first place. No inventory, no business. It’s just that simple. Yet despite the vital impact of inventory, far too many organizations rely on bare bones inventory management […]
Accounting Software, Inventory Management, Omni-Channel
Sep 30, 2019

The Importance of Proactive Inventory Planning

The most basic function of inventory management is being able to accurately track goods on hand. In a multi-channel retailing environment, that task alone can be daunting. Understanding where an item is and how much of it in stock can be the difference between a satisfied customer and an upset one, proactive inventory planning also […]
Inventory, Inventory Management
Aug 23, 2019

Dead Stock Will Kill Your Business

According to an oft-cited U.S. Bank study, a whopping 82 percent of small businesses that fail have cash flow management issues. If you work in the retail or wholesale space, those cash flow management issues almost always involve problems with inventory.
Inventory Management
Jun 21, 2019

Calculating Your Inventory Turnover Ratio

Do You Know Your Inventory Turnover Ratio? An important metric for most businesses.
Accounting Software, Inventory Management
May 23, 2019

One Accounting Software to Rule Them All

Why AccountingSuite eliminates the need for multiple platforms.
eCommerce Accounting, Inventory Management
Mar 25, 2019

Dropship Like It’s Hot

Dropshipping has become an increasingly popular method of delivering goods to customers in recent years. When done right, it’s not hard to see why.
Inventory, Inventory Management
Nov 19, 2018

3 Retailer Essentials to Make Holiday Sales a Success

Deloitte forecasts that retail sales during the holidays will grow another 5 – 5.6 percent this year, totaling a massive $1.1 trillion in the US. How much of this money will end up going to your retail clients will depend on how ready they are for the rush.
Inventory Management
Aug 17, 2018

Up-to-the-minute Data With Multi-Channel Inventory Management

In the days when brick-and-mortar businesses ruled retail, stores realized that opening new locations was the best way to increase sales. The same rule applies in the digital economy, but with a slight twist.
Accounting Software, Inventory Management
Aug 10, 2018

The Value of TLC: Calculating Total Landed Costs

What do you think of when you hear the initials TLC? The first thing that probably comes to mind is “tender love and care.” You might also recall the 90s R&B group and their massive hits “Waterfalls” and “No Scrubs.” But did you also think about “total landed cost”?
Inventory Management
Jun 28, 2018

Inventory Management: How Bad Inventory Can Give Your Business a Bad Name

It’s that time of the year when semi-annual sales are in season across the nation, and shoppers who have been stoically holding themselves back for the past six months can finally splurge to their heart’s content.
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