Since the perpetual system is easier most business owners prefer it over periodic inventory systems.
Package inventory system.
Top 7 free inventory management software for.
While you can track inventory in excel spreadsheets only work for periodic inventory counts i e the inventory system is only updated at intervals say after physical stock counts.
However to use a perpetual system you ll need some sort of inventory management software.
Meanwhile a periodic inventory system is a non continuous manual process for tracking sales.
Inventory software makes it easy for businesses from offices to stores to warehouses to track products tools and assets.
Many small businesses however find the free versions sufficient for their needs.
An inventory management system s.
The software should integrate with at least one other back end office system namely with either your accounting or enterprise resource planning erp package.
Manage all phases of business in real time across your company with powerful easy to use features for inventory management purchasing customers warehousing barcoding landed cost lot and serial number traceability more.