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Audit reports
8 min read

How to Conduct a Seamless Stock Audit Using Stockount

Preparation: Setting Up Your Audit Parameters

Before you begin, it's essential to set up your audit parameters. Stockount allows you to configure perpetual audits, cycle audits, and audit scheduling. This flexibility ensures that you can choose the type of audit that best fits your business needs.

Integrated Stock Audit

Stockount integrates the stock audit process directly into the system, making it effortless. You can schedule audits at regular intervals or conduct them continuously to keep your inventory accurate and up-to-date. This integration reduces the manual effort required and minimizes errors.

Real-Time Discrepancy Adjustments

During the audit, Stockount allows for real-time discrepancy adjustments. As you identify pilferages, damages, or missing inventory, you can make immediate corrections in the system. This feature helps maintain an accurate inventory record and reduces the time needed for post-audit adjustments.

Summary Reports and Insights

Once the audit is complete, Stockount generates detailed summary reports. These reports include information on pilferages, damages, missing inventory, and trends. The insights provided by these reports help you understand the root causes of discrepancies and take preventive measures.

Informative Dashboards

Stockount’s informative dashboards provide a clear overview of your audit results. You can visualize daily, monthly, and yearly trends, stock movement trends, and dead stock information. These dashboards help you make data-driven decisions to optimize your inventory management.

Effective Inventory Optimization

Post-audit, Stockount assists in optimizing your inventory levels based on demand, cost, and turnaround time. By analyzing the audit results and trends, you can make informed decisions to maintain optimal inventory levels, reducing costs and improving efficiency.

Seamless Integration with Other Systems

Stockount integrates seamlessly with popular accounting platforms like QuickBooks and Tally, as well as eCommerce platforms like Shopify and WooCommerce. This ensures that your audit data is synchronized across all your systems, providing a unified view of your inventory.

CRM Integration

Stockount’s CRM suite ensures that all customer-related information is available during the audit. You can track sales and lost sales, manage customer follow-ups, and ensure that your stock levels meet customer demands.

Workflow Management

Manage your entire audit workflow within Stockount. From inventory management, items master, sales, invoicing, purchases, stock inward, transfers, dispatches, and gate passes, Stockount covers all aspects, ensuring a seamless audit process.