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Inventory Management Process

Inventory Management for every organization is a very sensitive business process. This normally forms a huge working capital of a firm and if not properly managed could result to liquidity and cash flow issues. With the advancement in technology, the use of an accounting software will streamline your business process to ensure an effectively management to a large extent. Accounting software provides robust functionalities that cater for the entire inventory and procurement management process ranging from requisition, request for quote, order management, goods receipts, invoicing and ultimately payment to vendors. Inventory Management and Inventory Valuation can also be set up based on

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