Xero launched its new inventory management software, Xero Inventory Plus, to help small goods-based businesses in the US grow profitably. Xero Inventory Plus helps small businesses track and manage inventory across multiple locations and sales channels, and get an up-to-date view of their business in one place. Additionally, Xero Inventory Plus now integrates with Amazon's Fulfillment by Amazon (FBA) program, enabling small businesses to manage inventory across Amazon and other sales channels, all in one place.
This follows an integration with Shopify in the early phases of product development. Announced at Xero's premier event Xerocon in Nashville, Xero Inventory Plus underlines Xero's commitment to bringing beautiful, simple and seamless experiences to small businesses, accountants and bookkeepers across the US. Xero Inventory Plus benefits small businesses by: Providing an up-to-date picture of sales and inventory levels, and visibility on the true cost of their products, enabling owners to feel in control and make more strategic decisions to improve financial performance.
Automating processes, including syncing product information, sales orders and inventory via low stock alerts and the ability to set reorder points to stay on top of inventory levels. Providing a complete fulfillment process; with embedded shipping features powered by Shippo, customers can obtain shipping rates and print labels all in one place, which can help small businesses save time and give them access to discounted shipping rates vs. when using an additional system.
Making it easy and fast to connect new sales channels and get set up to sell to customers with a simple guided onboarding process and an easy-to-use interface. Xero Inventory Plus also provides features that seamlessly help accountants and bookkeepers keep their books up to date and give a clear view of clients' inventory levels and margins, enabling enhanced insights so firms can advance with confidence.