Macola’s real-time inventory system is great for day-to-day operations, but when it comes to looking back at past inventory levels, things get a bit tricky.
Macola’s standard system doesn’t let you run stock status valuations or inventory reports for previous dates, like last month’s end. Although an “Inventory Freeze” feature exists, it can become time-consuming for organizations with complex inventory structures – multiple items, numerous locations, and intricate tracking needs. What if there was a quick fix for this painfully slow process? (HINT: We have the solution)
Dealing with a limitation like that can be extremely frustrating, especially during month-end closing procedures or when you’re trying to analyze historical inventory trends. Traditional inventory freezes often require pausing all inventory transactions, leading to a disruption of normal business operations. And for businesses with large inventory databases, the process can sometimes taking hours or even days to complete.
The Attivo Group is a Macola partner and has developed an improved version of this function, which allows users to freeze inventory much more efficiently. Here’s what you need to know:
- Lightning-Fast Processing: The utility runs in mere seconds, significantly reducing the time required for month-end closing procedures.
- Business Continuity Management: Freezing inventory allows your company to continue operations while still enabling analysis of past inventory levels and values.
- Accounting Report Focus: This process is designed specifically for accounting report purposes and is distinct from the freeze used for physical inventory counts.
- Wide Compatibility: The utility works seamlessly with Macola Progression, Macola ES, and Macola 10.
Want a deeper look into how this works? Visit our Solutions Library for a 2 min overview or click here to access the factsheet! By leveraging this tool, you’re not just saving time – you’re unlocking new levels of accuracy and efficiency in your reporting.
FAQ
We know you might have some questions about our Inventory Freeze Utility, so we’ve put together a quick FAQ to address some common queries:
Q: How does this differ from Macola’s built-in freeze function?
A: Attivo’s Inventory Freeze Utility performs the freeze process much faster, especially beneficial for companies with large inventory databases.
Q: Will using this Utility affect my current inventory transactions?
A: No, the Inventory Freeze Utility is designed for reporting purposes only and does not impact ongoing inventory management.
Q: Is this compatible with all versions of Macola?
A: Yes, the utility works with Macola Progression, Macola ES, and Macola 10.
Got more questions? Click here to schedule a quick meeting with our team.
