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Finaloop introduces InventoryIQ, the first real-time inventory management system built directly into your accounting software. Designed specifically for consumer brands, this powerful feature provides complete visibility into your inventory costs, purchase orders, and vendor relationships. Learn how InventoryIQ calculates accurate cost of goods sold for each sales channel, tracks landed costs in real-time, and integrates seamlessly with your e-commerce platforms.

In this video, we cover:
How InventoryIQ tracks inventory in real-time
Managing purchase orders and landed costs
Unit-by-unit inventory tracking for accurate COGS
Multi-channel inventory management
Vendor relationship tracking and balance management

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CHAPTERS:
[00:00-00:22] - Introduction to InventoryIQ by Finaloop
[00:22-00:47] - Purchase Order Dashboard: The Building Block of InventoryIQ
[00:47-01:03] - Creating POs: Adding SKUs and Syncing with E-commerce Platforms
[01:03-01:30] - Managing Direct and Indirect Costs
[01:30-01:52] - The Products Page: Tracking Inventory by Warehouse
[01:52-02:30] - Unit-by-Unit Tracking for Accurate COGS Calculations
[02:30-02:54] - COGS Breakdown by Channel in Your P&L
[02:54-03:23] - Vendor Management and Balance Tracking
[03:23-03:43] - Summary and Free Trial Information