Square Register is one of the handiest and most groundbreaking apps of our generation. It allows people like garage sale operators and babysitters to accept credit card payments right from their cellphones, and it does it all for a very modest fee. However, as the company attempts to move into larger business pools, their inventory system leaves much to be desired. Fortunately, through the use of third-party software companies, there are ways to keep better records of your business’s inventory and know when it is time to reorder certain items.
Expanding Your Inventory Abilities
Since Square only offers a small amount of feature for their inventory capabilities, you will need to look elsewhere to find solutions for your needs. Fortunately, there are several companies who offer solutions that meet the needs of companies big and small. The ability to see your inventory levels in real time is crucial to the success of your business, and being able to access this information from anywhere is even more important. There are several providers that will give you the tools to manage your inventory in a mobile platform so you can check on your business from your home, on a business trip, or even from the beach in another country.
Serving Multiple Locations
One of the biggest hindrances of using Square Register to power your business is that it’s not friendly for companies with multiple locations. The ability to do something as simple as transfer inventory from one location to another is made way too difficult using the standard Square inventory platform, so coming up with a workaround is a paramount task. By using third-party software to handle to inventory for your business and allow Square to just handle to payments, you can easily transfer products from one location to another and even have a centralized warehouse.
Knowing when it’s time to order more inventory and when something has been sitting too long is very important when running a retail business. Each portion of your retail shelves are very valuable with the right product on it, so knowing if something is selling or not can be a “make or break” deal in your industry. Additionally, you want to know if you are going to run out of your most popular items in advance so you don’t miss out on any potential sales. By keeping accurate inventory and having access to real-time sales information, you can see if an item that you only have twenty left of on the shelf will last another week or if it will sell out by tomorrow afternoon.