Inventory software is an efficient and effective software that helps a company monitor sales, control inventory, handle purchasing and perform a variety of other things. It is the most safe and successful way for keeping a control over several business activities like sale, purchase and transactions. An inventory control software can do multiple things for a business organization:

Purchasing - Receive inventory and assets into stock against purchase orders. If you want, set the Program to create purchase orders automatically based on how much you have in stock and the history of your stock. Use predefined memos to communicate with your suppliers. And view and print a variety of useful reports.

Inventory Control - Get easy access to all your Item Master information. Define multiple warehouse locations. Associate your inventory items to specific inventory categories, suppliers, locations, purchasers, and more. Search your units by date, supplier, description, in stock, location, and more. Enter pictures of items into your Item Master List.

Sales/Shipping - Track types of order status: Outstanding, Waiting for Approval, Approved, Shipped, and Cancelled. Specify payment terms and use predefined memos. Send auto-email to customer and sales reps.

Data Collection and Analysis – Use preprogrammed reports to summarize, track, share and analyze inventory flow.

Security - Limit the access specific users have to specific parts of your database.

Barcoding - Scan barcodes straight into the program. Print barcodes directly from the control software. Use preprogrammed and custom barcode formats.

In short, inventory control software significantly cuts down the time you need to spend on handling routine operations. It balances the business operations and leads to higher performance.