FinancialForce Inventory Management is a cloud-based solution that helps businesses keep track of their stock and leverage their inventory data to optimize shipping and replenishments.
FinancialForce has a flexible warehousing model that helps users view inventory levels across multiple warehouses and stocks items at the bin level. It integrates cycle counting into daily warehouse activities and supports both physical and virtual inventory. The product manages inventory by customer, project or supplier and can handle multiple conditions under a single SKU.
Users can view upcoming events or actions using FinancialForce’s Action Queues and then mass transfer goods between warehouses. The tool has a built-in reorder point process that can be customized based on warehouses, ownership and other conditions to avoid fully depleted stock levels.
FinancialForce automates supply requisitions using reorder points, safety stock and acquisition leads. It helps create purchase orders based on supplier agreements.
The software is primarily targeted at small and midsize businesses and can be accessed on desktops and mobile devices.