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Advanced Inventory

Advanced inventory refers to a comprehensive and feature-rich inventory management system or module within an enterprise resource planning (ERP) software or inventory management software.

What is Advanced Inventory?

Advanced inventory refers to a comprehensive and feature-rich inventory management system or module within an enterprise resource planning (ERP) software or inventory management software. It goes beyond basic inventory tracking functionalities to offer advanced features and capabilities designed to meet the complex needs of modern businesses. ZoneBilling is a native NetSuite app that offers advanced inventory capabilities within the NetSuite ERP.

Recommended terms

Accounts Payable Turnover
Accounts payable turnover explains how many times a business pays its creditors in a set timespan. Companies can use this metric to measure their short-term liquidity.
Advanced Electronic Bank Payments
Advanced electronic bank payments typically refer to sophisticated electronic payment methods and systems that enable businesses to execute various types of transactions with their banks electronically, often leveraging advanced technologies and automation capabilities.
Bill Capture
Bill capture, also known as invoice capture, refers to the process of extracting data from incoming bills, invoices, or purchase documents and converting it into a digital format that can be processed and managed electronically within an organization's accounting or enterprise resource planning (ERP) system.

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Advanced Inventory

What is Advanced Inventory?

Advanced inventory refers to a comprehensive and feature-rich inventory management system or module within an enterprise resource planning (ERP) software or inventory management software. It goes beyond basic inventory tracking functionalities to offer advanced features and capabilities designed to meet the complex needs of modern businesses. ZoneBilling is a native NetSuite app that offers advanced inventory capabilities within the NetSuite ERP.

Related terms

AP Automation
Payment Reconciliation
This process involves comparing and matching incoming payments with corresponding invoices or accounts receivable entries in the company's financial records.
AP Automation
AR Automation
Reporting and Analytics
Cash Flow Optimization
This strategy focuses on maximizing the inflow of cash while efficiently managing outflows to maintain a healthy liquidity position.
AP Automation
Reporting and Analytics
Liquidity Ratio
Liquidity ratio (also known as “quick ratio” or “acid-test ratio”) is a metric demonstrating a debtor’s ability to pay current debts without acquiring capital. This KPI is used to gauge financial fidelity over the short term.
AP Automation
Reporting and Analytics
Levered Cash Flow
Levered cash flow (LCF) is the cash a business has after it takes care of operating expenses, interest and other financial obligations.
AP Automation
Reporting and Analytics
Cash Flow Coverage Ratio
A company’s cash flow coverage ratio (CFCR) clarifies its ability to pay its debts based on cash flow from operations.
AP Automation
AR Automation
Cash Flow from Operations
Cash flow from operations measures the money a business generates from day-to-day activities, usually over a quarter or fiscal year.