INVENTORY SAMPLING EFFICIENT. SIMPLE. CERTIFIED.
INFORM's INVENT XPERT inventory sampling software effectively supports your legally required stocktaking as part of the annual financial statement preparation. Stocktaking is often perceived as a necessary evil and is not only time-consuming, but also entails high personnel costs, warehouse closures and production downtimes. In this respect, legislation permits the use of inventory simplifications. Inventory sampling is the only method that drastically reduces the number of inventory items to be counted.
Our solution suite is based on the inventory sampling method recognized by auditors and tax authorities and can be easily connected to any ERP and warehouse management system (WMS) as an inventory interface, regardless of which inventory method you decide to use.
Reduce counting effort by
95% on average
Turn unproductive days of stocktaking into
PRODUCTIVE
WORKING DAYS
Maximum
CERTAINTY
thanks to certified methods
AVOID WAREHOUSE CLOSURES and loss of production
for best possible customer service
INVENT XPERT Features
- Two approved methods in one software solution
INVENT XPERT offers two approved methods: Extrapolation for manual warehouses and the sequential test for automated warehouses. In the sequential test, extrapolation runs in the background as a fallback.
Your benefits:
No need to preselect a method. If the sequential test fails, the inventory items already counted can be used directly for the extrapolation.
- Open interface structure
INVENT XPERT can be combined with any ERP/MMS/WMS system using standard file formats.
Your benefits:
No programming is required in the standard software for connectivity on either side.
There are no security risks because no direct access to databases is necessary. - Clear, modern, and web-based interfaces
INVENT XPERT is user-friendly and easy to use in any browser. The interface is intuitive and self-explanatory.
- Enter counting results in the familiar inventory management system
You enter the counting results in your usual inventory management system, but for far fewer inventory items.
Your benefits:
No need to change familiar inventory processes.
No new hardware required to take inventory.
Any differences determined are corrected in the leading inventory management system. - Flexible range of applications
You choose whether you want to use INVENT XPERT on premise or in the cloud. Likewise, it is your decision whether to rent or buy the software. We also offer flexible optional services such as inventory sampling as a service.
- Special add-in solution for SAP EWM users
The INVENT EXPERT add-in solution for use in SAP EWM simplifies handling considerably and offers additional functionalities such as inventory on a handling unit (HU) basis.
- Certified according to IDW PS 880
Inventory sampling using INVENT XPERT complies with legal requirements as well as the requirements of the Institute of Public Auditors in Germany, Incorporated Association (IDW) and the Working Group for Economic Administration (AWV). PwC has certified the INVENT XPERT software in accordance with IDW PS 880.
Your benefits:
You are on the safe side with a certified system.
- Software from ISO 27001 certified company
INVENT XPERT is software developed by INFORM. INFORM is ISO 27001 certified.
INFORM: Your reliable partner when it comes to stocktaking
INFORM has more than 35 years of experience in the development and implementation of inventory software based on the sampling method and is the market and technology leader with its INVENT XPERT solution suite. Using our software, customers can reduce their stocktaking efforts on average by 95% compared to a full inventory, which frees up more time to focus on their customers and sales.
Read our Success Stories to find out how prominent customers such as Aurubis and Linde Gas have successfully simplified their annual inventory and made it cost-efficient by implementing inventory sampling through our software solution suite.
More information and materials are available in our download area.
WE ARE HAPPY TO ADVISE YOU PERSONALLY
Our experts would be happy to meet with you personally to show you how to optimize the inventory processes in your company. See for yourself the many benefits of our INVENT XPERT inventory software and learn what specific steps you can take to drastically reduce the counting effort for your next inventory.
FLEXIBLE RANGE OF APPLICATIONS
Buy or rent, on premise or cloud – choose the solution that best suits your needs.
We also offer you completely flexible and optional additional services:
- Quality analysis of your data
- On-call service even at weekends
- We take over the entire handling of the software, including the provision of your results
- Training
We handle various tasks for you so that you are free to take care of the actual inventory processes. You decide which additional services you would like to book and are free to re-evaluate this decision year after year.
REFERENCES FOR INVENTORY SAMPLING
Karl Späh GmbH & Co. KG
LGC GmbH
SECOMP Electronic Components GmbH
YOUR ROAD TO SIMPLE STOCKTAKING
FREE: 30-MINUTE
CONSULTATION
We are happy to offer you a personal consultation to give you an overview of inventory sampling and check how much potential for success inventory sampling has for your annual stocktaking.