Finale Inventory Reviews & Pricing

Key Features

• Multiple Integrations: Offers integration options with over 40 enterprise platforms including accounting and channel management solutions, marketplace platforms and POS systems such as Shopify, QuickBooks, Amazon and Etsy. 
• Restock Forecasts: Leverages sales history to dynamically calculate reorders and the best times to request more of a certain item. Automatically calculates reorder points on the basis of desired days of inventory, supplier lead times and sales velocity. Helps optimize inventory space without the fear of a stock outage. 
• Cost Analysis: Provides overhead view of crucial inventory information. Drill-down capabilities facilitate analysis of helpful metrics such as gross profit margins and the average per unit cost of products. Allows comparing the average cost for a single unit against set retail pricing. 
• Multi-Warehouse Support: Quickly and accurately view where stock is, when it is moving and ETA through a centralized tracking function. 
• Barcode Scanning:  
•  Connect with barcode scanning features present in many warehousing operations. 
•  Receive out-of-the-box support for picking, transferring, receiving and stock taking to aid in the quick optimization of warehouse space and product location. 
•  Access printed and displayed reports to search by lot ID or part number as well as maintain component lot ID logs for assembled or manufactured items. 
• Search Tools: Provides a historical record of vital business intelligence data via a centralized database. Previous sales records can be sorted and analyzed for valuable data that can be used for forecasting and planning. Offers search and filter features, and offers multi-location support by tracking inventory at all locations. 
• Stock Auditing: Assists with effective stock audits and helps understand any discrepancies in new stock history reports. 
• Inventory Purchasing: Helps centralize purchases and replenish stock with an individual database. Forecasting tools assist with restock purchase decisions. Also enables receiving partial shipments, creating reconciliation backorders at a later date and more. 

Limitations

•  Doesn’t allow suppliers to monitor and replenish inventory themselves. 
•  No support for on-premise installation. 
•  Doesn’t integrate tax rates with sales quotes. 
•  Challenging to edit and undo mistakes. Editing an order multiple times and then re-syncing with a scanner can create a false inventory-upsell entry. 
•  Prevents building multiple products at once. 

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