Vend Inventory Management for Multichannel Sellers
Vend Inventory Management Software For Your Multichannel Business
Leverage Finale Inventory to prevent overselling on online channels while processing offline orders with Vend POS.
Manage Offline and Online Sales
Finale’s Vend inventory management solution is a cloud-based inventory management software that integrates with the Vend POS and makes it easily track your inventory from both online and offline sales. Having a firm grasp of inventory become more challenging with more selling channels are added.
When Vend POS and Finale are integrated, Finale can easily track inventory stock across your online and offline sales channels in one central location. After a POS transaction is conducted, Finale will immediately make the adjustment to your inventory and can be optionally configured to update eBay, Amazon, and other online channels to prevent overselling.
With multiple location support, Finale can be configured to allow inventory stock to be tracked as shared inventory or separate inventory for your online and offline channels.
Shared Inventory Tracking for Offline and Online Sales
With this configuration, Finale will track the shared inventory and will update the selling channels every five minutes upon a change in inventory.
For example, let’s say you have 6 blue polo shirts for sale. If a blue polo shirt is sold in your physical storefront, the POS transaction will be sent to Finale, which in turn will update your selling channels qty to 5 polo shirts.
Separate Inventory Tracking for Offline and Online Sales
With this configuration, Finale will track the stock of each channel separately and will update the selling channels every five minutes. Additionally, Finale is able to sync orders multiple from Vend readers and decrement the stock from the correct sublocation (e.g. Store ABD’s Vend POS decrements stock from Store ABC, Store DEF’s Vend POS decrements from Store DEF, etc.)
Other Benefits Finale’s Vend Inventory Management Solution
There are many benefits to using Finale Inventory as your Vend Inventory Management solution.
Simple Integration. Integration with Finale Inventory literally takes seconds to set-up. Quickly enter your Vend login credentials to connect your Vend account to Finale.
Supports Multiple Vend Readers. If you have multiple Vend readers due to multiple storefronts, Finale can be configured to decrement stock in different sublocations based on which Vend reader processed the transactions. As a result, Vend #1 transactions will decrement stock from Store #1, Vend #2 transactions will decrement stock from Store #2, etc.
Restock Forecasting. Running a growing business is hard. There’s a lot you have to keep up with. Leveraging the sales velocity of a product, Finale will automatically calculate dynamic reorder points based on your inputs – supplier lead time, desired safety stock, and expected sales growth — to make smarter, faster purchasing decisions.
Restock forecasting from Finale gives you one less thing to worry about. When your inventory gets low, we’ll send you an alert letting you know it’s time to send out a purchase order. You can email the purchase order directly from Finale, and when you receive your shipment with Finale, Finale will update all your channels with the will be updated stock quantities.
Multiple Marketplace Support. Effectively manage your inventory from multiple marketplaces (e.g. Etsy, eBay, Amazon, and Magento) via ShipStation. Easily consolidate your multi-channel sales to quickly see your inventory in one central location. Click here to a get complete of list integrations.
Product Kitting. Present more selling options to your prospective customers by setting up kits or bundles from your existing products. As kits are sold, Finale will adjust the stock quantities of the child components that comprise the kit.
QuickBook Integration. Configure your Finale Inventory to sync your Vend and other marketplace transactions to your QuickBooks account account to avoid unnecessary double entry of data.
Avoid Stock Outs. Keep your business humming along by creating product count thresholds to be alerted what needs to be reordered to prevent costly stock-outs.
Support High Transaction Volumes. Conduct a large number of transactions? No problem. Finale Inventory can support up to 50K transactions per month, and we are always scaling our architecture to support even higher volumes. High transaction customers can leverage our integrated turnkey mobile barcode solution to decrease warehouse operations times from receiving and picking while improving accuracy.