Full visibility with Entomo's SISO inventory reconciliation
There are three major parts to the SISO Inventory Reconciliation module which provide unparalleled performance and accuracy. All of these functions are fully automated and supported by Entomo's Customer Success teams to further enhance the time to resolution of exception handling and enhance channel reporting compliance.
- Perpetual (roll-forward) inventory
SmartHub maintains a perpetual-inventory view of all historical inventory levels—by partner and by part—and automatically rolls forward one period’s ending inventory to be the beginning inventory for the next. This analysis can be run on the fly for any arbitrary date—for example, to recalculate ending inventory for price protection or stock rotation payments.
- Valuation and Currency Conversion
SmartHub can value inventory in a variety of different ways, including FIFO, price book or reported cost. If using reported cost, Entomo supports currency conversion for all transaction types from any reported currency to any base currency. Conversion rates can be real-time or synchronized with the company’s ERP system.
- Sales In Sales Out (SISO) Inventory Reconciliation
- Inventory/POS reconciliation
Automated reconciliation, by part and by partner, and analysis of reported channel data including returns, inventory, in-transit and uncredited RMAs (Return Merchandise Authorization).
- Automated adjustments
- Automated adjustment for misaligned data, including reporting dates and financial periods.
- Unresolved variances can be adjusted by authorized by individuals or via Entomo's Customer Success teams.
- Overrides can be annotated with comments, and an audit trail is maintained.
SISO Inventory Reconciliation Summary within the Entomo SmartHub.
SISO via serial-number validation and matching
Tech industries including computers, peripherals, networking, and software rely on the ability to match sales in and sales out using serial numbers. Entomo supports SISO serial number validation. This is undoubtedly the most accurate way to validate and reconcile and partner-supplied data.
Support to ensure your success
Entomo's Customer Success teams help ensure that overall partner management is formalized and optimized in a manner that establishes clear lines of communication and responsibilities. Our support services also help provide an objective basis for measuring partner performance, all without adding an additional burden on scarce internal resources.
The end result is an inventory data set that can be counted on by all departments. This ultimately enables confident decisions with regards to stock levels, incentive program planning and the avoidance of revenue leaks due to excess inventory, inventory outages, and incorrect sell-through information resulting in commissioning and incentive payment errors.