Cloud-based inventory management is increasingly becoming the standard in companies of all sizes and in all sectors of the economy. The obligation to draw up the entire inventory of the business and to update the stock at the end of the business year still poses great challenges for those responsible.
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Inventory refers to taking stock of all the assets of a company. It is part of the principles of proper accounting (according to the the law). Professional inventory software such as Timly is designed to provide the best possible support for those responsible in companies for the management of operating resources.
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If employees are no longer regularly in the office, it is more difficult to keep track of the materials and equipment. Previous inventory procedures are often no longer adequate now, due to manual counting process. To solve this problem, Timly Software AG, together with its customer SodaStream, has developed a self-inventory function.
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No matter in which industry you ask, the annual inventory is a process that is always associated with considerable effort and sometimes also with some problems. Not every company already uses a modern inventory programme (digital inventory). However, such a programme can be a great relief for the employees.
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Timly Software AG is pleased to announce a new partnership with innovative technology company Scandit. The leader in smart data capture, Scandit was founded in 2009 by three researchers from ETH Zurich, MIT and IBM Research. Since then, it has enjoyed global success, with Series D funding in 2022 making Scandit AG a unicorn (a company with a market valuation of over $1 billion).
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