- Optimize and determine inputs for decision-making tools related to inventory
- Optimize and determine inputs for decision-making tools related to job costing
- Complete and timely inventory cost reviews, audits, and evaluations
- Implement loss prevention oversight for fraud prevention and detection
- Report on working capital factoring or collateral agreements
- Perform audit preparation, product margin reporting, and tracking
Streamline Inventories
Inventory Management and Systems
Qualifications For Performing Inventory Management Services
NOW CFO is a “roll-up your sleeves” consulting firm specializing in CFO, Controller, and accounting support.
NOW CFO understands complex accounting, reporting, and management for each industry.
“NOW CFO really came through when we lost our CFO. Without their interim CFO services, our company would have experienced some serious problems. NOW CFO also identified issues, improved processes and left us in a much better state when we hired the new CFO.”
Greg Brenchley
CEO | Basicgrey
“We couldn’t have completed this report without NOW CFO.”
Dave Clark
Chief Accounting Officer | GE Energy
QuickBooks Pro Advisors
Our Quickbooks Pro advisors help small to midsized companies (5-500 employees) install and fine tune Quickbooks solutions. Our advisors have extensive experience as Quickbooks Proadvisors that can help make your Quickbooks system a powerful resource for your profitability.
Our professionals will provide expertise in cost accounting in order to understand and precisely report the costs associated with your manufacturing operations or job costing. Management of your cost of sales is the single most important aspect in knowing your appropriate sales price.
Cost Accountants
NOW CFO reporting managers know the requirements of financial reporting for both public, private, and non-for profit organizations. Our reporting managers are efficient, and skilled at producing accurate financial statements in a timely manner that will satisfy regulatory agencies, auditors, and lenders.
Financial Reporting Manager
NOW CFO SEC reporting managers have the experience and expertise in financial reporting for public issuers. Our reporting managers are efficient, and skilled at producing accurate financial statements in a timely manner that will satisfy your SEC requirements.
SEC Reporting Manager
NOW CFO can provide skilled resources at all levels for your projects. Our CFO and controller-level resources have extensive experience at project management and execution. Our senior accountants and staff accountants can assist in the execution of your projects. We can operate under your project management or our own.
Project Team Augmentation
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Why Do You Need Inventory Management Services?
NOW CFO provides a full-functioning inventory management system, which is one of the most important accounting systems to have in place as a business. As the basis for tracking inventory levels, orders, sales, and deliveries, the main goal of inventory management is to streamline inventories to help avoid potential obstacles and shortages. An inventory shortage can be incredibly detrimental to an organization. A successful inventory management system will streamline operations and improve your profit.
Whether your business is small or large, inventory management is important and necessary. Inventory management strategies vary based on the size of the organization and type of industry, so NOW CFO cost accountants create the perfect inventory management strategy for your company’s unique specifications.
17+
Years of Experience
10,000+
Clients Served
50+
Locations
400+
Consultants & Employees
Services Offered Nationwide
With NOW CFO you can outsource a part-time solution with the same high qualifications for a fraction of the cost of a full-time employee. In fact this is our main value proposition. You only need a portion of our consultant’s time, but you get all of their experience and knowledge.
Client Testimonials
Special Outsourced Services
How We Keep Your Inventory Up-to-Date?
A great cost accountant professional must have strong communication, interpersonal, analytical and technical skills. NOW CFO cost accountant consultants possess and use these necessary skills to identify your company’s specific needs and then tailor a solution that provides you with the best opportunity for success.
Our cost accountant professionals will work closely with operations to manage your inventory and cost to maximize your company’s ability to produce profits. They will also make recommendations for the operational accounting function and system improvements.
- Job Costing
- Inventory Analysis
- Data Gathering
- Lower Cost or Market Analysis
- Managing Inventory Systems
- Inventory Methodologies
43%
of retailers ranked inventory management as their number one day-to-day challenge.
NOW CFO Inventory Management Expertise
We have vast experience in job costing, inventory analysis, data gathering, lower cost or market analysis and multiple inventory systems and methodologies. Simply augmenting your accounting team at peak times or upgrading your staff can be the most effective solution.
Management of your cost of sales is the single most important aspect to knowing your appropriate sales price. Our professionals work closely with operations to manage your inventory and cost to maximize your company’s ability to produce profits.
REVIEW and ASSESS
- Define and document processes
- Evaluate employee training requirements
- Improvements to storage areas
- Recommend improvements to information flows
- Review and recommend methods for order picking operations
- Evaluate and recommend cost accounting initiatives
Implement
REVIEW and ASSESS
- Implement new or optimize existing software technologies
- Develop and implement departmental productivity tracking systems
- Implement customized cycle counting and physical inventory programs
- Provide expert insight on material handling and warehouse design
- Manage changes to the inventory valuation method
- Make improvements to the inventory management and cost accounting