A Deep Dive into Katana Cloud Inventory

Jun 3, 2024 | Featured App

As the world of accounting and bookkeeping continues to evolve, professionals in this field must constantly adapt to new technologies and methodologies to stay ahead. One of the most exciting developments in recent times is the introduction of Katana on QBO Appy Hour. This feature offers accountants and bookkeepers an invaluable tool to expand their business offerings while addressing their clients’ inventory and manufacturing needs.

Katana, known for its variety of integrations, brings a host of features that can revolutionize how firms manage their clients’ inventory. For accountants and bookkeepers, this means providing more comprehensive Client Advisory Services (CAS), which are becoming increasingly important in today’s competitive market. CAS allows professionals to go beyond traditional bookkeeping and tax preparation by offering strategic insights and guidance to help clients grow their businesses.

One of the standout features of Katana is its ability to provide real-time inventory insights. This capability allows firms to optimize inventory levels based on demand, ensuring that businesses never face stockouts or overstock situations. With Katana, accountants can help clients maintain an optimal inventory balance, which is crucial for cash flow management and profitability.

Katana’s advanced inventory management system offers a range of tools designed to streamline operations and enhance efficiency. Features such as reorder points, end-to-end traceability, and multi location support ensure that every aspect of inventory management is covered. This comprehensive approach not only simplifies the inventory process but also provides accountants with the data needed to make informed decisions and offer valuable advice to their clients.

For firms dealing with clients that operate across multiple channels, Katana’s multichannel inventory support is a game-changer. It consolidates product availability across various platforms, ensuring that businesses can meet customer demand without any hiccups. This functionality is particularly beneficial for accountants advising e-commerce clients who need to maintain consistent inventory levels across different sales channels.

By incorporating Katana into their services, accounting firms can significantly expand their business offerings. Katana’s integration with QBO Appy Hour enables firms to provide clients with advanced inventory management, forecasting and inventory planning, and warehouse management. These features allow accountants to offer a more holistic approach to business management, helping clients streamline their operations and improve overall efficiency.

Production planning and scheduling, along with shopfloor data collection, are additional features that set Katana apart. These tools provide real-time job costing and enhance the accuracy of production tracking. Accountants can use this data to offer clients insights into their manufacturing processes, identifying areas for improvement and cost-saving opportunities.

Partial invoicing is another feature that accountants can leverage to improve cash flow management for their clients. By allowing businesses to invoice customers for partial shipments, Katana ensures that companies can maintain steady cash flow while fulfilling orders incrementally. This flexibility is crucial for businesses that operate in industries with long production cycles or fluctuating demand.

Tune in on June 11th and take a deep dive into Katana with us.  With Katana’s advanced inventory management features, real-time insights, and seamless integration with accounting software, Katana provides the tools needed to deliver exceptional Client Advisory Services. By embracing Katana, firms can help their clients optimize inventory levels, streamline operations, and achieve sustainable growth, positioning themselves as invaluable partners in their clients’ success.

To learn more about Katana or to book a demo with the Katana Team, click here.