WebStock

WebStock, developed by InnStock (OnlineStocktake.com), is a cloud-based software solution designed to facilitate independent on-site stock audits for bars and restaurants. This versatile tool caters to businesses of all sizes within the hospitality industry, including bar and restaurant owners, food and beverage managers, and professionals in food service establishments. According to the vendor, WebStock aims to optimize stock management practices, reduce losses, and improve margins.

Key Features

Cloud Based Software: WebStock is a cloud-based software solution that enables users to access their stock information and reports instantly through a web browser. The system securely stores all stock data in the cloud, ensuring convenient access from any internet-connected device.

PDF Reports: WebStock generates detailed PDF stock reports that provide comprehensive information about the stock audit. Users can easily download and save these reports for future reference or sharing with stakeholders. Additionally, the vendor claims that WebStock supports exporting stock data in Excel format for further analysis.

Stock Advice: According to the vendor, WebStock offers on-site stock advice provided by InnStock's team of experts. Users can benefit from tailored recommendations to optimize their stock management practices and improve margins.

Collaborate: WebStock's online reports allow users to share their stock reports with their accountants, facilitating instant access and collaboration. This feature streamlines communication and coordination between business owners and their financial advisors.

Paperless Same-Day Reporting: The vendor asserts that WebStock provides paperless same-day reporting, ensuring users receive their stock reports immediately upon completion of the audit. This feature enables timely decision-making and swift action based on the stock audit findings.

Price Monitoring: WebStock includes price monitoring functionality, which tracks supplier cost prices during each audit. Users are promptly notified of any significant price rises, empowering them to adjust their pricing strategies accordingly.

Stockholding: According to the vendor, WebStock provides information about the number of days' stockholding on-site, helping businesses reduce excess stock levels. Users can monitor sell-by dates and identify slow-moving or non-selling stock items, facilitating effective inventory management.

Valuations: Each stocktake conducted by WebStock includes a comprehensive stock valuation certificate, as claimed by the vendor. This certificate facilitates financial reporting and compliance. Additionally, the vendor states that consumables can be included in the valuation, providing a comprehensive assessment of the business's stock value.

Book Online: WebStock offers an intuitive online booking system, allowing users to schedule their stocktakes at their convenience. Users can choose their preferred date for the stocktake and receive a confirmation of the booking along with the associated fee, according to the vendor.