INVENTORY SAMPLING EFFICIENT. SIMPLE. CERTIFIED.

INFORM's INVERT 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

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.

 



Aurubis

Success Story – Aurubis


Aurubis AG, originally founded in 1866, is the world's third largest copper producer and recycler with a workforce of 6,400 employees.

The company produces more than 1 million tons of copper cathodes per year, which are processed into various products such as wire rod, special wires, continuous cast shapes or strips.

Challenges:
  • High evaluation and reporting workload of 1.5 weeks to be reduced
  • 35,000 stock keeping units in the 2500 m² main warehouse
  • Additional open-air and block storage with a further 3500 m²
  • All items must be constantly available to ensure uninterrupted production – a meticulous inventory is a basic prerequisite for this

Results:
  • Inventory sampling carried out in parallel to day-to-day business without warehouse closures
  • Only 8% of all items need to be counted manually
  • Reporting workload reduced by 1.5 weeks to 2–3 hours
  • Connection of INVENT XPERT to SAP/R3 interface

"Working with INFORM is such a pleasure. We can always rely on the competent support of our contacts at short notice."

Ulf Winter, Head of Internal Logistics Administration at Aurubis

Karl Späh

Success figures – Karl Späh

"Closed for inventory" does not apply to Karl Späh GmbH & Co. KG: Production at the seals and stamped parts specialist never stops, not even for the annual inventory, thanks to the use of sampling with our INVENT XPERT software.

What this involves is revealed here by our customer and inventory hero >>


LGC Group

Success figures – LGC Group

Since using our inventory sampling software INVENT XPERT, the Luckenwalde branch of LGC Group Germany only has to count just under 1% of the inventory items that would otherwise be due for a full inventory.

As a result, the global life science tools company can continue its production and shipping operations as normal, even during the inventory >>

Herbert Kannegiesser

Success figures – Herbert Kannegiesser

Herbert Kannegiesser GmbH sees itself as a technical partner that organizes, develops, and maintains state-of-the-art laundry technology. Thanks to our inventory sampling software INVENT XPERT, the company can focus entirely on its core tasks, even during the inventory, because the inventory can be carried out in parallel without interrupting to day-to-day business.

We are pleased with the positive feedback we have received from our customers >>

REFERENCES FOR INVENTORY SAMPLING

Customer Statements
INVENT XPERT is the only solution that enables us to achieve the same results in half the time, with one third of the staff. Using this software, we have managed to move the inventory to a Saturday, which gives us two more working days.


Karl Späh GmbH & Co. KG
Inventory sampling, which was made possible within 14 days, has resulted in the closure of the warehouse for just 6 hours. 12 persons have counted 810 of over 80,000 inventory items. There were no significant shifts in sales due to the short closure time.


LGC GmbH
It used to take more than 30 employees two full days to count our 18,000 items while the warehouse was closed. With the introduction of inventory sampling, we were able to reduce the items to be counted to 70. Now, we only need 4 employees and 2 hours of effort for this and the warehouse does not even need to be closed during this time.


SECOMP Electronic Components GmbH

YOUR ROAD TO SIMPLE STOCKTAKING

FREE: 30-MINUTE Icon Uhr 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.

Contact

Would you like more information about our solution or specific application areas? And are you looking for suitable reading material, events or a personal exchange?

Then please leave us a message. We are looking forward to your request!

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