You want to know one of the most common challenges companies are facing today?
Disjointed software integration.
Unfortunately, not all applications are connected with each other, and as some teams know, this results in data being siloed, slipping through the cracks, insights not being shared, and loads of more problems piled on teams.
The goal is to find the perfect software integration. In this case, it’s QuickBooks and Fishbowl.
A streamlined process between your inventory management and your accounting process can save time, improve accuracy, and more.
Instead of diving into the vast details of how Fishbowl and QuickBooks integrate so well, I want to touch on how QuickBooks users can utilize Fishbowl to improve their inventory management. It’s important to know that we have found a few of the most important factors below thanks to our long-lasting integration partnership. To give you a glance, check out some of the reasons businesses integrate Fishbowl with QuickBooks.
Increased accuracy of data
Your data automatically syncs from Fishbowl to QuickBooks reducing the risks of error and ensuring financial records match inventory counts.
Streamlined operations
Eliminates the need for manual data entry and automates order fulfillment features, giving full visibility in QuickBooks for all accounting entries.
Time and cost savings
Spend your valuable time on more strategic work, rather than manual data entry.
Real-time insights
Gain more visibility and real-time insights to make better decisions when it comes to critical data, inventory levels, sales, and financial performance.
Improved customer experience
Upgraded internal workflows mean accurate inventory tracking and faster order processing, which leads to a better customer experience and higher customer retention.
Now that you have a snapshot of the value of an integration with Fishbowl and QuickBooks, let’s go into the five ways Fishbowl helps businesses fill in the gaps for QuickBooks users.
Fishbowl always provides accurate inventory data, which is especially important with eCommerce and multiple integrations. With Fishbowl, a user can see what inventory is committed and allocated, which directly impacts cashflow.
Fishbowl will adjust product quantities and consumption as they are impacted by incoming sales orders, whereas QuickBooks will only consume the inventory. Fishbowl also allows for single and multi-level bill of materials.
Lastly, Fishbowl can help you predict immediate and future needs, built off historical data and consumption, which will give you the ability to make better business decisions now.
Fishbowl allows you to set user permissions for specific reports and access to location groups. You can also give administrators the ability to assign users to work orders. When coupling Fishbowl and QuickBooks, your warehouse staff can utilize Fishbowl, while minimizing users in your accounting platform within QuickBooks.
In Fishbowl, you can take care of sales orders, packing, shipping, receiving, and cycle counting. You have access to additional functions from a mobile device, making your workflows more efficient, like scanning lot numbers and location tags.
Individually, Fishbowl and QuickBooks can impact your business in positive ways. When integrated together, businesses can unlock a new level of productivity and accuracy, skyrocketing your business operations and output to stay ahead of the competition.
Check out our Referral Partner Program if you want to learn how you can join the Fishbowl Community.