What actually Inventory means? – Inventory could be a complete list of items such like goods in stock, properties or the contents of a building. In which a business user need to organize all such reports. Inventory turnover, a key metric for small business, is the cost of goods sold divided by average inventory management system on hand.
Small Business Owners are found to be very hard workers, who work to build their business career break by break. Do you agree?
A small scale business owner will be a main role, who knows the each information about any product which is selling his store. Do you know how?
When we track our products, we can predict how much we will sell in the future. Moreover we will find them faster for our customers, and a reorder before we run out of the product.
Challenges and Considerations for Small Business Expansion:
In a small plumbing shop, the business owner handles billing while a supporting employee manages inventory.
- Increased Inventory:
- Product Pricing:
- Product Quantity:
- Supplier Details:
- Customer Details:
- Credit Transactions:
- Cash Transactions:
- Expenditures Track:
- Trust on Co-workers:
- Warehouse Managing:
- Sales Track:
If you searching for a solution to the above scenarios, here is a quick solution to help!!
Streamlining Small Business Operations
Krify team dedicated a couple of days to develop an Inventory Management System (IMS) aimed at solving real-time small business challenges with an effective solution. Take a glimpse of our inventory software, designed to simplify inventory management and streamline billing processes.
Introduction: A professional, well-structured and user friendly interface IMS comes with a handy keyboard moments. IMS going to help us in managing the life cycle of a product / item from the supplier stage of product purchase to the selling of product to the customer.
IMS 2018 is also a one stop solution for all your billings with smart accounting system with GST based calculation. The IMS billing system includes GST calculations with user-defined options to subtract from or add to the product price.
- Warehouse based Stock Management System / Application
- GST enabled Inventory Application
- Monthly GST calculator with GST reports
- Offline stock and warehouse management system
- Standalone stock sales system
- Auto product pricing suggestions with pricing intelligence powered algorithm
- Purchase and Invoice Reports
- Know your Suppliers and Customers
- Manage your Credit billings
- Track your Expenditures
- And many more.
IMS offer a wide range of Inventory Management System and Billing sub features to makes a small business owner job easy.
Request a free demo on the IMS software.
Krify did a plenty of software applications in various domains as per the customer requirements, IMS is one among the successful market applications in INDIA which involves the GST rules for the billing purpose.