Inventory management software is a powerful tool for companies that are trying to improve their bottom line. It saves time and money, allowing companies to use their resources in more productive ways.
In a news release, a publisher called John Wiley and Sons, Inc. recently reported strong fiscal-year results, thanks in large part to savings coming from inventory management.
“Gross margin of 66% for fiscal year 2010 improved for the second consecutive year, and is up from 63% in fiscal year 2008. Improvement attributed to inventory management and digital revenue,” the report said.
A surefire way to improve a company’s profitability is to decrease its expenses and increase its revenue. Inventory management software takes care of the expense-decreasing department so small and large businesses can focus on increasing their revenue.
Fishbowl Inventory is the leading provider of QuickBooks-integrated inventory software. You can learn more about Fishbowl Inventory and sign up for a free, 14-day trial on our website. Check it out!