Solopreneurs these days have been emerging as a new trend in business industry. Running the business, keeping track of income, expenses, and inventories and managing the help of other people is hard, but what if you run it single handedly? With the help of technology things get much simpler. Inventory tracking and invoicing will be easier if you use the necessary inventory management software. This article will concentrate on helping you select the best inventory invoice software for you.
There are lots of advantages in having an inventory tracker or auction inventory software as a tool to run your business. One is, making inventories would be systematic and organized. When you need to know something it would be just a few clicks away. Another is, you can easily track all your income and expenses, and accounting would be a breeze. Those are just some of the advantages of having inventory management system software.
Now that you know some of the advantages, the next thing you should know is how to choose the right manufacturing inventory software for your small business.
First and foremost you must determine the things that are you looking for in inventory tracking system software. What are the functions, abilities or features that you are looking for? Second, do you need a desktop application or a web-based program? Third, is the inventory management software user-friendly? Fourth, how affordable is the inventory tracker software?
The common features of inventory asset management software are:
An inventory database wherein you can track all the things you have on hand, what has been sold and when you need to reorder.
Create lists of inventory which include descriptions, stock numbers, quantities, vendor names and part numbers, reorder points, dates and amounts sold, and costs of all your inventory items with asset management software.
Creates To Do Lists with room for notes, deadlines, priorities, etc. with project management software.
Add an unlimited number of photos and assign multiple price points to your inventory software.
Send promotional materials or other form letters to all of your clients, vendors, family, friends or any other contacts via contact manager software.
Track customers, what they purchased, how much they spend, and generate income reports.
Easily create invoices for customers and create packing slips and labels. Add your logo to a custom header in this invoicing software.
Generate reports on inventory for printing, including items purchased, items sold, total cost of items and total profits.
Track other income sources for any number of accounts. Generate account registers for all your income reporting accounts.
Record all your expense payments, including purchases, advertising, cleaning, maintenance, and travel deductions. View deposits and debits for any number of expense reporting accounts.
Display your appointments, deadlines and other important events in Daily, Weekly or Monthly Calendar formats in scheduling software.
If you need manufacturing inventory software, you need to make sure that inventory items can be combined into new products.
Some inventory management software will also keep track of schedules, generate form letters to be mailed or emailed, and provide other tools to help you streamline your business. Consider these additional features:
The best inventory management software also includes tools which allow you to look up where area codes are, calculate time zone differences, and has a universal calculator that adds or subtracts numbers, dates and times, converts length, volume and weight measurements, computes discounts, sales tax, foreign money exchanges and loan payment amounts.
One major thing to consider is, should it be a desktop application or a web-based application? Here are some differences between the two:
A web-based application, which includes any software you log on to a web site to access, requires a fast, reliable internet connection. A desktop application is an application that runs without the need of an internet connection.
Desktop software is generally much faster and easier to use than web-based software. If you do not have a very fast internet connection, it could take you several times longer to get the same amount of work done.
If your web connection goes down, or the company’s website were to go down, or the company went out of business, you will no longer have access to your data if using web-based applications. A desktop application, if backed-up regularly, is more secure and reliable than a web-based application.
With web-based applications you rent the software, paying monthly fees and often get only email support. With desktop applications, you generally pay just once, and technical support is often included.
The next thing to consider is how easy is the software to use? Is it easy to understand? Are you comfortable using the software? Can you get technical support easily and quickly, both by phone and by email? Does that support cost extra?
The final question is, how much are you willing to spend for this software? Would you rather pay less on a monthly basis for web-based software, which will add up to much more over time, or pay one reasonable amount up front and get the features, speed and reliability of a desktop application?
As a solopreneur, I’m sure you would rather find ways to save money and at the same time have the features and capabilities you are looking for in inventory management software.
With these things in mind, you can now determine what would be the best asset management software for your needs. The most complete inventory management solutions software for solopreneurs like you in my opinion is Inventory Tracker Plus. It is a reasonably priced desktop application that is easy to use and is available for most Mac and Windows computers.
To better appreciate its ease-of-use, how it can make you more productive, and to download a free trial of Inventory Tracker Plus today, visit http://www.productivity-software.com/inventory/
Garth Catterall-Heart has been creating productivity software for self-employed professionals and rental property managers since 2002. You may reprint this article only in its entirety with this bio. ©2011 Garth Catterall-Heart
Keywords: asset management software, inventory management system, inventory tracking software, inventory asset management, inventory management solutions, manufacturing inventory software, inventory tracking system, inventory tracker, parts inventory software, inventory invoice software, auction inventory software, inventory management,
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