How Your Business Can Benefit From Cloud Based Inventory Management Software

How Your Business Can Benefit From Cloud Based Inventory Management Software

August 08, 2016

Today more and more retailers and other businesses that have to keep their inventory in check are choosing cloud based solutions to optimize and streamline their warehouse and sales operations. The adoption of cloud computing in inventory management brings quite a number of attractive benefits that we would like to drill down on in this blog post.

  1. Instant access to inventory data wherever you are and whenever you need it. Whether you are a single-office business, or operate across multiple locations, or maybe you are not even on site/in the office, you will have access to real-time data at all times which enables rapid decision-making.
  2. Full visibility of your inventory in real time. As long as you have Internet connection, you are able to check your inventory status, sales operations, and reports from anywhere and make a more informed decision.
  3. Greater accuracy and easier tracking of the inventory flow due to instant synchronization of entered data in real time – all changes are immediately reflected company-wide.
  4. Improved collaboration across departments as a consequence of #3.
  5. A considerable reduction in hardware and software upkeep costs. Software maintenance and upgrades are already included in the subscription price.
  6. Easy to set up and implement.
  7. Frequent backups are no longer required as all your data is in the cloud
  8. Barcode technology is supported for speed and accuracy
  9. Scales to grow with your business when more resources are needed.
  10. Allows spreading costs out over months or, if the product doesn’t work out for you, canceling subscription without regretting having paid that much upfront.
As you can see there are some enticing benefits that you shouldn’t miss out on. Though, if you are still in two minds about whether to go with a permanent license or online subscription-based software, check Permanent Licensing Vs. Subscription: which is the way to go? for more information.
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