In developing countries like China and India as the economies start to boom and more people become involved in business ventures, the ability to leverage software to manage core business functions will improve the overall efficiency and performance of their businesses. Finding tools for online inventory management and bookkeeping are great examples of leveraging software to improve operations. Improvements will allow these business owners to concentrate on what drives customer growth and retention which is customer service. In these two countries, where the population is well over a billion people, one may think that retaining customers would not be a big issue because you could replace them with other customers. But if these businesses want to exponentially grow revenue, retaining existing customers is key. Also, word of mouth in tightly knit communities can ruin a business's reputation when it comes to the kind of products and services they offer. This type of gossip will hurt the bottom line and impact revenue growth.
Benefits of using our online inventory management software
Stockpile, an online inventory management system strictly online, is a solution that these business owners can use to manage the core functions of their goods based business. Many would think that there would be a language barrier with the software since it was developed in the US. But the team at Canvus, creators of the online inventory management tool - Stockpile, has simplified the application to allow business owners from other countries to use it. The team used the universal colors for add (green) and subtract (red) for transactional buttons to add and remove inventory from the system. The tools covers the core functions of any inventory system which is identify the product and track its transaction history.
Another major benefit of using Stockpile is that it's free! In countries where the currency value does not favor exchange rates with the US dollar, being able to use a free inventory management system developed by experienced programmers and business minded individuals will only value to their business.
