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Webgility Releases Inventory Forecasting Feature for Accounting Automation Solution

Online Retailers Will Know What To Buy, How Much, When, And Where To Keep It.

SCOTTSDALE, ARIZ., August 19, 2019: Webgility, the leader in ecommerce automation software for multichannel sellers, has officially announced the release of its inventory forecasting module. The company now provides the premiere inventory forecasting and demand planning software, which has the capability to work in real time to accurately predict seasonal inventory patterns.

"With our new inventory forecasting capability, sellers can take full control of their inventory and replace complicated spreadsheets and hours of manual work with simple, streamlined automated reports," says CEO Parag Mamnani. "Brands and retailers can forecast their demand, make data-driven decisions on which inventory to purchase and ensure they're not overstocked. We've designed this solution for companies using QuickBooks so they can improve their cash flow and their margins."

Key benefits of the software include reduction of stockouts and excess inventory, increased lead time, better allocation of marketing spend, and improved seasonal cash flow.

"Our customers have used Webgility for over a decade to streamline their online retail operations by automating their bookkeeping functions and consolidating financial data in a single place. The new inventory forecasting feature harnesses that data to empower ecommerce sellers to make actionable inventory decisions that will reduce costs and save time-so they can get busy growing their businesses," says Sr. Product Manager Kevin Draggoo.

Trusted by thousands of ecommerce businesses to process millions of orders each month, Webgility software enables sellers to boost profits and productivity by integrating their apps, automating operations, and providing powerful business analytics. By harnessing the power of ecommerce data, Webgility helps sellers

  • keep all their sales channels and apps in-sync;
  • optimize orders, inventory, shipping, and accounting; and
  • uncover actionable insights to reduce costs and grow revenue.

"Customers always express their concerns with unexpected stockouts and other common inventory issues. I am looking forward to telling them they can reduce their stress and feel more in control of their cash flow with this feature," says Shea Shatto, USA Director of Customer Success. "Customers can increase cash flow by understanding sales velocity, sustain it by ensuring they don't run out of stock, and release cash tied up in aging inventory."

For more information about inventory management, book a demo and try free for 15 days.


ABOUT WEBGILITY

Webgility provides ecommerce and accounting automation solutions by integrating ecommerce and POS applications, streamlining data flows, automating accounting and back-office operations, and providing actionable insights to maximize ROI. Webgility manages millions of customer transactions through thousands of online stores every month. Webgility® is a certified partner of Intuit®, QuickBooks®, NetSuite, and Xero, and works with the world's best ecommerce platforms and marketplaces (including Amazon®, eBay®, BigCommerce®, Shopify®, and Magento®), payment processors (PayPal, Stripe, Shopify Payments, Square), and shipping providers like Stamps.com, FedEx and UPS. For more information, visit www.webgility.com.