It is a fact that poor inventory management can completely ruin a business. An inventory is well-organized inventory when complete information about items available, requested and items in transit are always available for the user. This simply increases the overall productivity of a company and it also positively streamlines the bottom line of the business. This application has been developed by the makers of most widely used accounting software QuickBooks. This makes it easier to link it to QuickBooks software for accounting purposes. What is more constructive feature for its consumer is that it can be hosted on a distant server maintained by cloud hosting service providers.

The time spent on the research work before developing this application has resulted in the development of an application which is simple to use and which offers a host of handy features for the users in their day-to-day operations. This application keeps record of stocks available in stores, stocks ordered by the customers and shipments made by the vendors. It also keeps record of stocks that are in transit. It is a useful application for manufacturer, wholesaler, dealer, distributor and retailer and for anyone who has to do some kind of stock taking for their business. Different tasks related to inventory management such as order management, stock flow, inventory control etc can be properly performed with the help of this application.

Fishbowl Inventory software , over a period of time has grown as one of the most chosen inventory applications for the business organizations. The reason behind this growth is that it addresses difficult challenges of inventory control besides providing solutions for general problems faced by the concerned businesses. Let us go through the solutions offered by this software.

• It takes care of dead stocks which are inactive or not moving in a cycle. It is important to manage such stocks otherwise they can have a negative impact on your business and may incur considerable loses. Fishbowl Inventory keeps track of such stocks and helps in the timely flow of such dead stocks.

• There are different types of inventory in businesses. Some are with uniform demands throughout year whereas others are in demand according to the season. The seasons may be based on a country or festivity or geographies of a region. The demands vary from high to low from peak season to off season.

• This QuickBooks add -on also helps in efficient management of orders based on different stock movements such as First in First out (FIFO), Last in First out (LIFO) or any other way of stock movement. It also helps in making tailored pricing or any other details such as personalized packaging of products depending on customer's estimated needs.

Apart from above mentioned benefits Fishbowl Inventory application can smoothly integrate with the accounting application QuickBooks. It is easy for the user to assemble the data entered in this inventory application with that from QuickBooks. It saves user’s time and effort by helping them to avoid repeated data entry.

Appropriate for hosting through Cloud Computing, fishbowl inventory can be hosted through cloud hosting service provider which allows its user to access this software from distant places. Fishbowl Inventory Hosting also offers other facilities that are offered by Cloud Computing. Few of these facilities may be summarized as:

1. Data security
2. Rolling data backup
3. All time data accessibility
4. Multi-user data accessibility
5. Free and unlimited technical support services and so on.

Author's Bio: 

James Watson is an IT analyst at Real Time Data Services which is a leading Cloud Hosting and Application Hosting company. The company specializes in hosting many software including accounting software (QuickBooks, Peachtree), QuickBooks add-ons , (Fishbowl, eBridge, SourceLink Hosting), Windows Server, MS office Server, Tax software (ProSeries, Drake, Lacerte, ATX), CRM software (ACT! Software), MS Project, MS office, MS SQL Server (SharePoint, Exchange), and also hosts many other software.