Blog

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

Accounting Software, eCommerce Accounting, Inventory, Inventory Management
Jan 3, 2020

How to Keep Track of Your Online Inventory

For as long as businesses have been selling goods, they’ve needed to track their inventory. While inventory management is as important in 2020 as it was in 1820, keeping accurate, up-to-date records is more complex than ever before. Not too long ago, a small business likely only sold their products through a storefront. Even in […]
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 […]
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
Jul 29, 2019

How to Talk Inventory Management

Have you ever heard two people having a conversation and been unable to follow it, despite the fact that you’re sure they’re speaking the same language as you? That can happen when two musicians discuss jazz, two sommeliers talk wine, or two programmers chat coding.
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.