Good inventory management software provides your business with more than just a means to track your products. With the right system, you’ll also be empowered to track your customers and vendors, connect your sales channels, create purchase orders and invoices, and more. In this article, we’re going to highlight the inventory management system packages best suited to different industries.
Inventory Management Blog Posts
Inventory financing is a type of asset-based loan in which the inventory you’re purchasing with the loan is used as collateral to secure the loan. Depending on the arrangement, the lender may also require you to put up your accounts receivable as collateral. The amount of financing you receive is directly related to the value of the inventory in question, usually 70 to 80% of the inventory’s value. Read our article for the full story on inventory financing, including rates and terms.
Many businesses may need to borrow money from time to time in order to purchase inventory. But what are the best loan options for small businesses that need to buy inventory?
Retail can be complicated, especially if you don’t have the right software. Here’s a deep dive into comparing Shopventory and Square for Retail so you can be confident in choosing the right software to manage your business.
The difference between a good system for retail inventory control and a poor one can be the difference between turning a healthy profit or ending up in the red. This article will give you some simple advice on what to look for in a retail management system and how you can utilize one to help your business.
Welcome to another round of the POS integration Hunger Games! Previously, we witnessed the battle of many POS systems’ add-ons: Revel, Shopify, Vend, Breadcrumb, ShopKeep, and NCR Silver. This week, Lightspeed POS (Restaurant edition) will join these hallowed ranks. Founded in Montreal, Lightspeed is an established POS provider that offers two distinct systems: Lightspeed Retail (which we […]
Welcome back to the POS integration Hunger Games! These last few weeks have included the top 11 add-ons for Revel POS, the top 7 add-ons for Shopify POS, and the top 5 add-ons for Vend POS. What lucky POS systems’ add-ons will have to duke it out for fame and fortune this week? Breadcrumb POS. […]
Welcome to yet another round of the POS integration Hunger Games! In the past few weeks, we have tackled the top 11 add-ons for Revel POS and the top 7 add-ons for Shopify POS. What ground-breaking POS system is up this week? Vend. As the first completely hardware independent POS, Vend made a name for […]
Definition SaaS stands for Software as a Service, a way to license and operate software entirely in “the cloud.” In short, this means that any software offered ‘as a service’ does not need to be installed on your computer in order to be used. You simply create an account on the software vendor’s website, log in, […]
Inventory Management applications have become a lot more affordable in the last five years, and the number of options available to entrepreneurs right now is pretty exciting. At Merchant Maverick, we’ve reviewed 11, and will be adding more in the next few months. As you look for the right solution for your business, it’s important to […]