DEAR Inventory Management (now known as Cin7 Core) is a specialised software designed to help you manage inventory and sales.
While Excel is a versatile spreadsheet tool that can be used for various purposes, it’s not the best choice for managing inventory for several reasons.
Read on to learn why DEAR Inventory Management (Cin7 Core) is better for your ecommerce business.
It’s better to be an expert at one thing than a novice at everything. The same is true of Excel – while it is a powerful piece of software, it wasn’t designed to manage inventory, which is the lifeblood of your business. It has limited inventory management functionality and can only perform basic calculations.
You’re missing out on advanced features such as automated inventory tracking, reorder alerts, and purchase order management if you use a spreadsheet program like Excel. When you implement inventory software, all your inventory tasks become automatic, and they seamlessly work with your ecommerce business.
Because DEAR Inventory Management (Cin7 Core) automates most inventory tasks, you save time and dramatically increase productivity. Inputting data into Excel, on the other hand, takes time – even if you’re using a barcode scanner. It’s like chiselling information into stone when you could instead use telekinesis to get your thoughts down. The difference is really that dramatic because so much is done automatically!
It’s a fact – Excel is prone to errors. While it’s an extremely powerful and popular tool, it also relies on input from human beings using a keyboard. One typo somewhere in a mass of spreadsheets and everything is thrown off.
Even a tiny inventory tracking mistake can lead to stockouts, overselling, and lost sales. DEAR Inventory Management (Cin7 Core) drastically reduces errors by automating your inventory process and providing real-time inventory tracking.
As your business grows, the complexity of inventory management increases. The fact is, Excel won’t be able to keep up. Because DEAR Inventory Management (Cin7 Core) software is designed to scale your business, growth becomes easy. It’s designed to work seamlessly as a centralised platform to manage your inventory across multiple locations and sales channels – something Excel simply can’t do.
Integrate your accounting tools
DEAR Inventory Management was designed to work with cloud accounting tools and plays exceptionally well with Xero. Your ecommerce accountant will be able to fully integrate the two systems so running your business is smooth and easy.
Excel can’t integrate with your accounting tools, meaning you have to spend more time pulling information from one and inputting it into the other. Your DEAR (Cin7 Core) inventory coach will help you get set up to take advantage of both technologies and leverage them to their full potential.
DEAR Inventory Management (Cin7 Core) is a specialised software that helps businesses manage inventory and sales, offering advanced features such as automated inventory tracking, reorder alerts, and purchase order management. In contrast, Excel, while a powerful tool, has limited functionality when it comes to inventory management.
By automating inventory tasks and providing real-time inventory tracking, DEAR (Cin7 Core) reduces errors, saves time, and scales easily as your business grows. It integrates seamlessly with accounting tools like Xero, providing a centralised platform to manage your inventory across multiple locations and sales channels.
Contact us to learn more about inventory software implementation and to be paired with an inventory coach. Or, get started with a free Xero and DEAR Inventory Management integration demo.