System stock = Physical stock

Stockount Mobile Inventory Audit feature transforms inventory management by allowing you to conduct audits directly from your smartphone or tablet, enhancing efficiency and accessibility. This feature leverages your device’s camera and barcode scanner, enabling you to quickly scan barcodes or take photos of items to record quantities and conditions.

By eliminating the need for manual data entry and paperwork, it reduces errors and accelerates the audit process. Real-time synchronization with Stockount  central system ensures that all updates are immediately reflected across your entire inventory network, providing accurate and current data.

The mobile audit feature is designed with user-friendliness in mind, featuring an intuitive interface that guides users through each step, making it accessible even for those with limited technical expertise. Built-in validation checks and immediate feedback allow you to address discrepancies as they arise, ensuring data accuracy. This modern, flexible approach to inventory management allows you to effectively manage inventory from anywhere, at any time, keeping your operations responsive to changing business needs. 

Stockount  Cross-Checking feature is engineered to eliminate human error in inventory management, ensuring accurate stock counts. There is always a possibility of counting the same inventory item more than once or missing out a location or an item.  Discrepancies between recorded inventory and actual physical stock can lead to data inconsistency which leads to financial losses and operational inefficiencies, but this feature tackles these challenges head-on. 

This feature was built to ensure that the auditor is putting his quality effort in auditing as he might be aware of a cross-check. In order to avoid the time lapse of recounting all the inventories, this feature selects items randomly  based on the sample size given by the user.It uses photo validation, allowing auditors to capture images during counts, which are automatically compared with recorded data for visual verification. random recounts of specific items or locations further ensure accuracy by catching potential errors missed during the initial audit.

Fully integrated into the Stockount app, Cross-Checking enables seamless data flow and real-time updates. As counts are conducted, the app cross-references data instantly, providing immediate feedback on discrepancies and resolving issues on the spot.

By employing advanced cross-checking methods, Stockount  enhances the accuracy of inventory records, building confidence in your stock data's reliability and ensuring smooth, error-free operations. This feature is vital for maintaining the integrity of your inventory management system.

Stockount Cross-Checking feature is engineered to eliminate human error in inventory management, ensuring accurate stock counts. There is always a possibility of counting the same inventory item more than once or missing out a location or an item.  Discrepancies between recorded inventory and actual physical stock can lead to data inconsistency which leads to financial losses and operational inefficiencies, but this feature tackles these challenges head-on. 

This feature was built to ensure that the auditor is putting his quality effort in auditing as he might be aware of a cross-check. In order to avoid the time lapse of recounting all the inventories, this feature selects items randomly  based on the sample size given by the user.It uses photo validation, allowing auditors to capture images during counts, which are automatically compared with recorded data for visual verification. random recounts of specific items or locations further ensure accuracy by catching potential errors missed during the initial audit.

Fully integrated into the Stockount app, Cross-Checking enables seamless data flow and real-time updates. As counts are conducted, the app cross-references data instantly, providing immediate feedback on discrepancies and resolving issues on the spot.

By employing advanced cross-checking methods, Stockount enhances the accuracy of inventory records, building confidence in your stock data's reliability and ensuring smooth, error-free operations. This feature is vital for maintaining the integrity of your inventory management system.

Stockount Scheduling Inventory Count feature automates and simplifies regular inventory checks, reducing the burden of managing frequent audits. Instead of manually scheduling counts, this feature allows you to set up automatic inventory checks on a weekly or monthly basis, ensuring consistent monitoring without disrupting your operations. You can define specific times and dates for audits, aligning them with your business schedule to minimize interruptions.

Automated reminders keep your team on track, ensuring that no audit is missed. By automating inventory count scheduling, Stockount streamlines your inventory management process, allowing you to focus on strategic business tasks.

This feature helps in making auditing a regular discipline. You can also create an audit plan and schedule it as and when it is required and your team is ready. The getaway is that we will not just get the current audit report, we will get a comparison of the last few audits on the consistency of the variance.

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Stockount Periodical Audit feature provides a systematic approach to inventory management by enabling regular, scheduled audits for the whole inventory.

This essential tool allows you to perform complete inventory reviews at set intervals—weekly, monthly, or quarterly—ensuring ongoing accuracy and operational efficiency. This is practically used in small to mid size inventories with a single auditor can handle the review, while larger inventories benefit from multiple auditors working together. 

The feature integrates seamlessly with Stockount system, ensuring real-time synchronisation and updates during audits. This reduces manual data entry and quickly identifies discrepancies, tracks conflicts of Materials in different locations. 

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Stockount  Perpetual Audit / Cycle Audit feature is designed for businesses with large inventories, offering a continuous and systematic approach to inventory management. Unlike traditional audits, which occur less frequently, perpetual or cycle audits break down inventory checks into manageable segments.

This method ensures ongoing inventory review, preventing large-scale discrepancies and addressing issues in real-time. The feature enables you to divide your inventory into smaller sections with each section audited on a rolling basis.

This cyclical approach helps to fragment the data on the basis of categories or locations to audit and identify discrepancies for larger inventories more effectively. In this feature you can set a cycle count which determines the number of times each Item has to be audited for the given period. For example, if you set the cycle count as 2, and select a year, your whole inventory will be scheduled to count twice. Integrated with Stockount system, data is instantly updated and synchronised across the platform as each cycle completes, minimising manual entry and reducing errors.

This continuous monitoring prevents bigger disruptions in business, allows for flexible scheduling, and ensures accurate stock levels. Overall, the Perpetual Audit / Cycle Audit feature is crucial for maintaining accuracy and enhancing inventory management for extensive inventories.
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Stockount  Audit Summary feature offers a comprehensive overview of your inventory audit’s results, providing detailed insights and actionable data. It consolidates and summarises key metrics from various inventory counts, presenting information on stock levels, discrepancies, and audit outcomes in an organised format.

The results are segmented as Items Does Not Exists - Which gives the loss of the complete item, Excess Items - Which Says item exists which are not in the stock report, Positive Varience - The excess in physical stock than to the stock report, Negative Variance - the shortfall in the physical stock than to the stock report.

In this report we compare the last 5 previous audits to understand if the stock discrepancy is being consistent or not, this being reported in 2 more sections in the report. We have a separate section for conflicts in the locations of the goods, this helps in identifying the goods being spread out in multiple locations. Dashboard integrated with Stockount  system, it reflects real-time data from all locations, ensuring up-to-date summaries in graphical formats.

The feature also supports trend analysis by comparing current results with historical data, aiding in pattern identification and issue resolution. By streamlining the review process, the Audit Summary enhances transparency, accountability, and overall inventory management efficiency.