PasTrak adds real-time inventory and location tracking to QuickBooks. Using RFID technology, PasTrak makes inventory and asset tracking live, which radically improves efficiency and cuts costs.
By tracking individual items and their movement, PasTrak allows any business to keep track of inventory in real time, with perpetual live counts by location. Accounting actions can be automated based on inventory movement. An assembly build, for instance, can be automatically recorded every time the system sees a new unit coming off the production floor. This kind of accounting automation saves valuable time and resources while improving accuracy.
Use of RFID technology can redefine a business’ margins. Studies show the benefits of RFID inventory systems include: increased sales (retail businesses using RFID typically experience a 1%-10% increase in sales per location); reduced inventory levels (because of increased accuracy, typically businesses require 10%-20% less inventory on hand to meet their g
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