AI Revolutionizing Inventory Management for SMBs Using Xero and QuickBooks
OREM, Utah, September 17, 2024 – Fishbowl Inventory, the premier inventory management and manufacturing software provider, is proud to announce the launch of Fishbowl AI Insights. Powered by ConverSight, this cutting-edge reporting solution is designed to empower small and medium-sized businesses (SMBs) using Xero and QuickBooks with a new level of actionable analysis across their entire business.
Fishbowl AI Insights introduces an embedded AI capability offering instant access to crucial business data and insights directly at a users’ fingertips. With this new tool, businesses can make informed decisions with the ability to access and analyze their sales, purchasing, forecasting, MRP, inventory, costing, manufacturing, BOM and operations data like never before.
This new use of data means cost savings, optimizing inventory and improving profitability—all without the technical know-how typically required for advanced data analysis.
“We are excited to deliver Fishbowl AI Insights to provide tangible and measurable value to business operators who can make better business decisions that drive cost savings and improved profitability,” said Kendrick Hair, the company’s chief evangelist. “Through an embedded product offering, our longtime partnership with ConverSight gives Fishbowl access to decades-long expertise with artificial intelligence / machine learning (AI/ML) and data science to improve business operations for our clients.”
Media Contact:
Doug Pullman, Chief Marketing Officer
Fishbowl Inventory
Phone: 360-391-5008
Email: [email protected]
About Fishbowl
Since 2001, Fishbowl has been at the forefront of digital innovation in SaaS manufacturing and warehouse management. The company provides advanced desktop and cloud-based solutions designed for small businesses and enterprises alike. Its Warehouse Management System (WMS) automates procurement, streamlines order fulfillment, and optimizes inventory tracking across multiple sites. With features like advanced analytics and seamless vendor and customer management, Fishbowl transforms how businesses handle their logistics to become more profitable and efficient.
To streamline inventory, warehousing, and manufacturing management with a single, user-friendly solution, visit Fishbowlinventory.com.
A New Era of Inventory Management
With Fishbowl AI Insights, SMBs can now access essential business data and insights on-demand, in their preferred format.
Key features of Fishbowl AI Insights include:
- Streamlined Inventory and Manufacturing Data: Designed specifically for businesses handling inventory and manufacturing data, Fishbowl AI Insights simplifies report creation and sharing, providing instant insights without additional costs or technical expertise.
- Instant Access to Actionable Data: Users can access essential reports immediately, customize them, and craft detailed narratives from their data, staying ahead in a competitive business environment. Pre-built dashboards cover a range of critical metrics, from revenue summaries and sales trends to trending products and spend analysis.
- A Seamless Transition from Excel: Transitioning from traditional Excel spreadsheets is effortless with Fishbowl AI Insights. The platform offers familiar features while enhancing data quality, depth, and accessibility through Athena, making it an indispensable tool for modern businesses.
- AI for Enhanced Inventory Management Fishbowl AI Insights delivers a comprehensive suite of AI-powered tools that are specifically designed to optimize inventory management, enhance decision-making, and provide impactful reporting for SMBs.
- Automation & Forecasting: With tools like Fishbowl’s AI Forecasting Report, Recommended Purchase Order, and Part Shortage Summary, businesses can fine-tune their inventory management and boost revenue.
- Improved Decision Making: Advanced analytical capabilities are at the core of Fishbowl AI Insights. Users can access dashboards like Sales Trends, Outstanding Supply, and MRP Flow. These tools enable users to make strategic decisions based on robust and accurate data.
- Impactful Reporting and Insights: The platform offers instant access to pre-configured dashboards and custom reports, alongside a conversational AI interface. This innovative feature enables users to ask specific questions such as “What are my top-selling products?”, “Where is my revenue trending this month compared to last month?”, or “What do I need to order?”. This human-relatable interface significantly enhances value by addressing the challenges of time-consuming and costly report generation.
Fishbowl AI Insights is now available for SMBs using Xero and QuickBooks, providing them with a powerful solution to enhance their inventory management practices and drive business success.
For more information about Fishbowl AI Insights, check out our website and sign up for a demonstration.